Today, we bring you the ultimate guide to help you distinguish the difference between Web2 and Web3 to your friends. (Web3Web2)
The internet has evolved from the “read-only” Web 1.0 to the current state of Web 2.0, which is often described as participatory and social-driven. Now, we are gradually moving toward the next phase of the internet, Web 3.0, often styled Web3 in the digital asset space. Web3 holds the promise of allowing people to own things digitally, easily transact online, and have more control of their personal data. Blockchain and crypto ecosystems already have working products for Web3.
While digital assets bring native digital payments to Web3, they can also function as tokens programmed to play a wide range of roles in digital economic systems. Blockchain and crypto could also make Web3 more community-centered throughThe main evolutionary steps of the internet are often represented as the qualitatively different phases dubbed Web1, Web2, and Web3. In the Web1 era, users couldn't change online data or upload their own content to the websites they were interacting with.
The current Web2 ecosystem is changing again as more of its failings get exposed. For example, internet users have become more concerned about data tracking and ownership, as well as censorship issues. The power of centralized companies has become especially noticeable when they began leveraging it to ban specific users and organizations form their platforms. Web2 companies also use the data to keep users on their websites and create targeted ads for third parties’ benefit. Such economic incentives can drive such companies to act not in users’ best interest.
The vision of Web3 is that of the next step toward a better internet. Its central promises include making online platforms decentralized,
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