Web 3.0 and the Metaverse Walk Into a Bar... | HackerNoon

'Web 3.0 and the Metaverse Walk Into a Bar...' metaverse web3

The ‘Web 3.0 and Metaverse’ concepts have been heavily talked about in recent years.

Work on projects with your team in a virtual office. Go on a virtual date, have virtual sex, simulate marriage, birth-giving, then divorce..so simulate any next-level thing you want without even leaving your comfy chair! [Editor’s note: Pause…]So simply put, the metaverse is like a digital alternative to LSD or ayahuasca. Probably a bit more immersive. Definitely way more expensive.The Web 3.

==The case of harmony between these two worlds is a metaverse that is built upon Web 3.0, which means that it’s a decentralized virtual universe.== Since I don’t want this article to turn too technical, here is just a brief summary of the core carriers of the Web 3.0 infrastructure:Public, interconnected decentralized blockchain protocols are the foundation of Web 3. The main job of the protocols is to ensure trusted transactions between users, strong privacy in their interactions, as well as distributed and censorship-resistant data storage.They are the key facilitators of blockchain protocols’ work.

This is done to exclude any risk of human error or manipulation with votes. Neither a sleazy CEO nor pushy shareholders would have any chance to manipulate the entity’s work to their benefit. One might object that anonymity in crypto is questionable, as there are many use cases when a user is tracked and required to provide a bunch of intimate information about themselves. That’s true.Stop using centralized intermediaries, like giant exchanges, investments apps, or payment gates, to make your life easier in crypto.

A truly “kosher” metaverse is one that is open-source, runs on a public blockchain, is interoperable, enables decentralized data storage, is crypto native, and has no center of control. In an ideal world, both metaverse and Web 3.0 are interlinked and play their music in sync.Currently, there are a few upper-echelon tech companies that have announced their stake in the “metaverse”: Apple, Microsoft, Google, Nvidia, Epic Games, Facebook, etc.

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