Web3 technology is the latest version of the Internet world which primarily works on the fundamentals of blockchain and machine learning technology.
The main goal of Web3 is to create open sites, more connected, and overall enhance the privacy and security of Internet technology.
Hello dear readers, In this post, I’m going to discuss the major difference between web2 and web3 technology and the fundamentals of internet technology.
If you’re curious to know more about that or want to get the benefit from the latest technology, make sure to read this post entirely.
What Is Web3 Technology?
Web3 is the third generation of the World Wide Web, and it’s changing the way we interact with computers. This article will explore Web3 technology and how it will change the way we use computers in the future.
Web 3.0 technologies go beyond traditional web development by using peer-to-peer networking, more advanced data storage methods, and native applications for mobile devices.
It is a decentralized web that is powered by blockchain technology. Web3 app development is a new paradigm of the internet, which focuses on providing users with more transparency and control over their data.
The Web3 Foundation has been working on various projects. Such as creating an open-source framework for building decentralized applications, developing a peer-to-peer protocol for transferring value, and designing a system to incentivize interoperability.
What Is Web2 Technology?
Web2 technology is the second generation of the internet, and it is a collaborative, interactive, and dynamic medium. It has been in use since 1996.
Web2 technology has allowed for a more personalized experience on the web. Websites have also become more interactive and user-friendly as well as being able to provide search engines with an increased amount of information about their content.
Web1 was also not interactive or dynamic which meant there was no back and forth communication between the user and the website. This means that there were no two-way discussions between site visitors and website operators or users.
Key Difference Between Web2 and Web3 Technology
Here are key differences between Web2 and Web3 Technology:
Web2 is largely concerned with social engagement and community building. Web3 is more concerned with semantic learning, decentralization, and the empowerment of individual users.
Data relates to the connection in web2. On the other hand, data usage, exchange, and be in the hands of enterprises.
Web3 uses artificial intelligence to provide accurate results at a faster rate while also providing real-time information.
A participatory social web is another name for web2. Users may now take part in the production and distribution of responsive content, which opens up opportunities for cooperation. As a result, web2 is critical in fostering the creation of a new online community. Web2 allows the user to filter data for free, allowing them to obtain and categorize it collectively.
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Centralized Vs Decentralized Web
The Semantic Web feature is referred to as Web3. It suggests that Web3 could help people grasp what words signify. As a result, web3 content may be readily found, shared, and analyzed by both machines and people.
The web2 version of the internet is comprised of web applications. AI and Machine Learning-based applications functions in Web3 technology.
Any entity that takes hold of the website, including companies, governments, or hackers, can access, change, or remove these servers. In addition, these entities can also refuse service access under their power, which may or may not be legal. IPFS and decentralized hash tables, which are blockchain-related technologies, can create a content system. That is considerably more difficult to block and takedown.
Users may connect, trade, and share data safely and without depending on a 3rd person with Web3. Huobi employs peer-to-peer (P2P) technology, which means that rather than a centralized power or bank. The network manages transactions and issues tokens.
The bottom line is that the electronic database Web2 is well-known and controlled by firms that provide services in return for personal data.
Web3, on the other hand, refers to blockchain-based decentralized apps. These applications allow everyone to engage without having to sell their data. Thank you for reading this post.