Web3

Web3’s defining feature is ownership. Whereas the first iteration of the commercial internet (Web1) was read-only for most users, and Web2 allowed users to both read & write on centralized platforms (Twitter, Facebook, YouTube, etc), Web3 gives users full ownership over their content, data, and assets via blockchains. It empowers users to read-write-own.

Web3 Stack Tech

image from https://www.coinbase.com/blog/a-simple-guide-to-the-web3-developer-stack (it is the good post to start into web3)

Web 2.0
Web 3.0

Spotify

Audius

Google

Presearch

WhatsApp

Status

PayPal

MetaMask

Uber

Dimo

YouTube

Livepeer

GoogleMaps

HiveMapper

Chrome

Brave

LinkedIn

Braintrust

Crypto Metaverse

ΠšΠ°Ρ‚Π΅Π³ΠΎΡ€ΠΈΠΈ Ρ€Π΅ΡˆΠ΅Π½ΠΈΠΉ Π² Web3

  • Cryptocurrency Exchange (CEX): buy, sell and trade cryptocurrencies

  • Data platform: show transaction information, token flows, analytical data. Ex: Etherscan, Arkham, Dune

  • Wallets: hold the private keys and use its to perform signing when requested

  • Dapps: the project's on-chain smart contracts

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