The Internet journey so far
Read and Learn what it used to be, what came next, what the difference is, and how it got to Web 3, remember the early days of the World Wide Web, back in the 80s and ’90s, the Internet was a pretty straightforward affair. You could read information, but that was about it — there wasn’t much you could do to interact with it or add your input. It was kind of like a digital library, but way less exciting. That was the era of Web 1.0 when the internet was a one-way ride, and all we had to enjoy was to read content
But then, in the 2000s things started to get interesting. As Web 2.0 came into the picture, suddenly the internet became this vibrant, interactive space. Social media platforms, online shopping, and all sorts of digital services popped up, becoming a huge part of our daily lives. Hold on to this catch: all that power got concentrated in the hands of a few tech giants, who hoarded our data and started calling the shots. What do I mean Over time, the Web 2–based Internet became dominated by a small number of global mega-companies, such as Google, Amazon, Facebook, Tencent, and Alibaba, which captured most of Web 2’s monetary value.
Now, buckle up, because we’re about to enter the next big chapter of the internet: Web 3.0, or “Web 3” for short. This new era is all about taking back control and putting the power back in the hands of the people. And let me tell you, web 3 so far hasn’t even harnessed its full potential.
Here uses cutting-edge technologies, like blockchain (a super-secure digital ledger) and the metaverse (a virtual, interconnected world), to give us back control over our digital lives.
One of the coolest things about Web 3 is the idea of “self-sovereign identity.” This means you can have your own, secure digital identity that you control, without having to rely on some big tech company or government agency to manage it for you. Imagine being able to log into any website or service with a single, secure login that’s all your own — no more juggling a million different passwords!
But that’s just the tip of the iceberg. In the world of Web 3, you can also truly own and control various types of digital items, from virtual real estate in the metaverse to one-of-a-kind digital collectibles. These are known as “digital assets,” and you can buy, sell, and trade them without having to go through some centralized marketplace.
And it’s not just about personal stuff — Web 3 has the potential to transform entire industries, from finance to healthcare. With decentralized apps and smart contracts (digital agreements that automatically execute), we can streamline all sorts of processes and get rid of the middlemen.
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