Next Gen Internet — The Dawn of Web3
A new era of the internet is set to emerge. Piece by piece, this new online realm, and everything that is possible within it, will slowly become a part of our daily life. For the uninitiated, “Web 3.0” and “the decentralized web” are expressions which may have already begun showing up online. With 2021 elevating the blockchain industry to phenomenal heights, one can only expect to come across these terms with more frequency in the months and years to come — especially given the direct links which Web3 has with blockchain and decentralization.
But what exactly is Web3? And how does it differ from what we have today? In this piece, we aim to give a high level introduction to this topic — and let you decide whether or not its truly worth it to explore and understand this topic further.
The Beginnings of the Internet — Web1
In general, Web1 is the term that is commonly used to refer to the earliest versions of the internet. From its origins at the Defense Advanced Research Projects Agency (DARPA) to the global network linking all of us today, Web1 was essentially the first version of the internet which we hold so dearly today.
For those old enough to remember, the Web1 online experience was rather tame (especially compared to today’s standards). Web1 websites were static — one…
