What is Web 3.0?

This term is becoming very popular and some big tech personalities think that it will change the way we use the internet. The web is now categorized into three versions, Web 1.0, Web 2.0, and Web 3.0. Before understanding what Web 3.0 is let us look at Web 1.0 and Web 2.0.

Web 1.0

Web 1.0 is considered the initial stage of the World Wide Web. There were very limited content producers. Webpages were mostly static and were not updated very frequently. Also, ads were banned in Web 1.0.

Web 2.0

Internet, as we use it today, is Web 2.0. There is no difference in technical specifications when compared to Web 1.0, but the way the websites were presented changed completely. Before the users couldn’t interact with websites. But now things have completely changed, we can make our content, can subscribe to websites, and do lots of other things. In other words, we as users gained a lot of power. However, now we also see various ads which were not present before.

Why do we need Web 3.0?

If you see the internet of today, the whole power is in the hands of a few tech giants. Google makes up for more than 80 percent of searches every day. Facebook has taken over almost all-important social media platforms and earns billions of dollars every year using our data and running ads.

Web 3.0 wants to address this issue of power in a few hands. As we saw in the transition from Web 1.0 to 2.0, the users are going to become more powerful.

Three key things related to Web 3.0

• Decentralization- This means that Web 3.0 aims to decentralize power. As we can see right now, the power is in the hand of a few, Web 3.0 will end it and will evenly spread power.
• Open Source- Like android and Linux, Web 3.0 will be open source this will help in rapid development and anyone will be able to add new things and make it more specialized and secure.
• BlockChain- It is a technology we have already talked about. This data will be saved in form of blockchains which will have ledgers. This technology is super secure.

Pros of Web 3.0

Anonymous account sign-in – We may get a feature to get an anonymous sign-in option while getting into a website. Right now, every other website demands a new account for it, when we enter it.

Users will be able to make rules- Right now, tech giants make rules for us. But as Web 3.0 will be decentralized, the users as a whole will be able to create rules for themselves.

Uninterrupted services- As Web 3.0 will be based on BlockChain everything will be decentralized and distributed. So even if a couple of computers don’t work properly the services will still be uninterrupted.