Understanding the Key Differences Between Web2 and Web3

The internet has come a long way since the early days of Web1, and today we're at the dawn of a new era with the emergence of Web3. But what exactly is Web3, and how does it differ from its predecessor, Web2?At its core, Web2 is all about centralized platforms and services, where the power and control reside with a few large companies. Facebook, Google, and Amazon are all examples of Web2 companies that have built their empires on the back of user data.Web3, on the other hand, is all about decentralization and putting power back in the hands of the users. The idea is to create a more democratic and transparent internet, where users have control over their data and can interact with each other in a more peer-to-peer manner.One of the key technologies driving Web3 is blockchain, which provides a way to securely store and share data in a decentralized manner. This means that users can interact with each other without the need for intermediaries, and that data is owned and controlled by the users themselves.Another important aspect of Web3 is the rise of decentralized applications (dApps), which are built on blockchain technology and provide a way to interact with Web3 in a more seamless and user-friendly manner. These dApps can range from social networks to online marketplaces, and are often built on top of existing blockchain platforms like Ethereum or Polkadot.Overall, the key difference between Web2 and Web3 is the shift from centralized control to user empowerment and decentralization. While Web2 has its advantages, such as convenience and scale, Web3 has the potential to provide a more democratic and transparent internet that is owned and controlled by its users. As we continue to explore the possibilities of Web3, it's clear that the future of the internet is going to be a lot more interesting and exciting than we ever imagined via /r/u_mkamil92 https://ift.tt/ZTUeug3