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Ganesh Patil
Ganesh Patil

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What is Web 3.0

Introduction

The complete modern world of the web and the future of decentralized internet is web3. The web we are experiencing today is completely different from the last 10 years. Society has changed, the technology changed and lifestyles also changed but the particular trend came with a particular period, and the web constantly evolved with different stages. Web3 also evolved with web1, web2, and now web3.

What is Web 1.0?

Web 1.0 also known as Read-only, serves static data in form of only text and image format. Web 1.0 lasted approximately from 1990 to 2004. The data served from static files rather than databases and the zero interaction between users and produced content from organizations leads to known as Read-only.

What is Web 2.0?

Web 2.0 also known as Read-write, we currently experiencing web 2.0 and we can think of web 2 as an interactive social web. Web 2 allows you to become a creator with inbuilt modern apps you don't need to be a developer for creating process. It allows anyone to be the creator and share with the world with video, audio, text, and all other social forms and reach out to the millions of people and allow them to share, comment, and like your work.

What is Web 3.0?

Web 3 also known as Read-write-own, is the future of the modern web and the core of web3 is decentralization. The meaning of decentralization is the access to applications for all local contributors and in web 3 developers don’t deploy and build applications on single server or store data on a single server. Web3 applications run on decentralized networks referred to as dapps(decentralized apps). When we discuss web3 we notice blockchain and cryptocurrency are part of the conversations because cryptocurrency plays big role in many web3 protocols. The new way of building companies is tokens people get ideas but for building ideas they need resources and money they take on venture capital and share percentages of companies. This is a basic example of a web3 application and how it works you can explore more about web3 on the internet to get started with it and one more thing which came with web3 is Decentralized Autonomous organization (DAO) we will explore more about it in the next article.

Hey amazing readers I am Ganesh from India developer and technical writer currently learning Web3 connect with me on Twitter to get more content related to

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