Introduction to Web3

Oct 17, 2024

Understanding the Evolution from Web1, Web2 to Web3

Web1 was the early stage of the internet, characterized by static, read-only web pages. It was a one-way street where users could only consume information. Web2 introduced interactivity, enabling users to generate content and interact with websites, giving rise to social media, e-commerce, and other dynamic web applications. Web3 is the next phase, focusing on decentralization, user ownership, and trustless systems. It leverages blockchain technology to create a more secure, private, and user-controlled internet.

Core Principles and Goals of Web3

Web3 aims to decentralize the web, eliminating intermediaries and giving power back to users. Key principles include:

  • Decentralization: No central authority controls the network.

  • User Ownership: Users own their data and digital assets.

  • Interoperability: Different systems and platforms can seamlessly work together.