Web 3.0: The next generation of online connections

William Brucee
Coinmonks
2 min readNov 12, 2022

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Have you heard about web 3.0, the brand-new innovation that is about to change the world? It is built on intricate blockchain technology principles. It also has sophisticated features implemented with A. I. deep learning, But what characterizes Web 2.0 from Web 3.0?

Even if it won’t always be this way, web 2.0 is the status of the internet today. Web 3.0 and 2.0 vary significantly in several key ways. Web 3.0 is more concerned with empowering individual users, whereas Web 2.0 is more concerned with community growth. But web 3.0 goes much beyond that one aim.

I pondered why web 3.0 was such a huge deal when I first heard about it. Was it really all that significant? Yes, and here is why. We will create and consume 160 times as much data by 2025 as we did in 2010, according to Peraltadesign.com. If it isn’t momentous, I don’t know what is. It plays such a significant part in how edge computing advances how we store data.

One of the most prominent and noticeable elements of the next generation has to be blockchain. Blockchain technology establishes a decentralized database that keeps and tracks all transactions, including those involving digital currencies like cryptocurrency, without relying on a third party. It is made sure that the transactions are safe, legal, and reliable using this ledger-based system. Some predict that Web 3.0 technology will become widespread in day-to-day life, such as in the collection of taxes and money! Can you really believe that?

Our daily routines, the technology we use, and how we utilize it will all be altered by Web 3.0. I’ve heard that it has enormous promise for how we develop and use code, for effective digital solutions to a variety of contemporary issues. However, a lot of individuals haven’t learned how to code, or even if you have, you could be interested in learning more about the fundamentals, humorous memes, and clever techniques to code more effectively.

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William Brucee
Coinmonks

Teacher | Frankfurt School Blockchain Center | Investor | Blockchain | Bitcoin | Crypto Assets | DeFi | Digital Euro