Web3, also known as the decentralized web, is a term that refers to the next generation of the internet. It is built on blockchain technology and allows for decentralized applications, or dApps, to be built on top of it. This means that instead of relying on centralized servers, Web3 applications are run on a network of computers.
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The Metaverse, Web3, and NFTs are all concepts that are rapidly evolving in the world of blockchain and cryptocurrency. Each of these are changing the way we use the internet and creating new opportunities for innovation and creativity.
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Web3 enhances the internet as we know it today with a few other added characteristics. Web3 is:
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Polkadot was founded by the Web3 Foundation, a Swiss Foundation founded to facilitate a fully functional & user-friendly decentralized web as an open-source project.
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With Web 1.0. Content creators were scarce, with the vast majority of users simply acting as content consumers. For the most part, recurrently in the Web 2.0 era. Web 2.0 bothers the web as a platform where software applications are built on instead of just desktop computers. This enabled masses ...
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