If you’re reading this, you are already participating in the modern web (Web 2.0). The web we experience today is much different than what it was ju

What is Web3? The Decentralized Internet of the Future Explained

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2021-08-21 03:00:04

If you’re reading this, you are already participating in the modern web (Web 2.0). The web we experience today is much different than what it was just 10 years ago (Web 1.0). And with Web3, it's getting ready to change again.

If history has taught us anything, these changes will matter a lot. Think about how the internet affects your life on a daily basis. Consider how society has changed as a result of the internet. Social media platforms. Mobile apps. And now the internet is going through another paradigm shift as we speak.

The web has evolved a lot over the years, and the applications of it today are almost unrecognizable from its most early days. The evolution of the web is often partitioned into three separate stages: Web 1.0, Web 2.0, and Web 3.0.

Web 1.0 was the first iteration of the web. Most participants were consumers of content, and the creators were typically developers who build websites that contained information served up mainly in text or image format. Web 1.0 lasted approximately from 1991 to 2004.

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