Web 3.0 and how both are different, please refer to this article. If you are interested in finding more about Web3 vs. Though many consider Web3 and Web 3.0 as similar, both are fundamentally different.
Instead, several distributed nodes of the network keep a copy of the data, offering transparency.Įthereum co-founder Gavin Wood coined Web3 in 2014 to reclaim data ownership from Web 2.0 giants and return it to the users using decentralized storage and self-sovereign identity. The data within a Web3 ecosystem is not under the control of any central authority. Unlike the centralized Web 3.0, Web3 is a decentralized network built on the blockchain, allowing users to own their data. If, for instance, you want to change your job and edit it on LinkedIn, it will be updated over other platforms like Facebook. The goal of web 3.0 is to connect everything on the internet at the data level so that any modifications of information within a specific platform can be reflected simultaneously on other platforms as well. Web 3.0 is an extension of the World Wide Web and is also known as the Semantic Web that aims to make the internet smarter by managing information through machine readability. It contributed to developing applications that extended to mobile devices and provided wide opportunities like e-commerce. Web 2.0 is the prevalent Web of our era that emerged in 2004 and is also known as the read-write Web, offering dynamic and active websites where users can produce content and connect through several platforms. Introduced in 1989, Web 1.0 is the original version of Web 2.0 What are the existing and future use cases of Web3?.It explains the history of Web3, its current state along with its layers and their maturity, applications, use cases and possible areas of improvement for the future. This article talks about the various aspects of Web3 at length. As the web is advancing towards its third iteration, there is a growing a buzz around Web3 use cases and the emerging Web3 applications.