What is Web 3.0, and what does it have to do with blockchain?

Web 3.0 is a new concept of the Internet that will focus on decentralization, the absence of a single authority, and censorship. It is the main difference between the current version of the Internet (Web 2.0) and Web 3.0. The “new internet” era has not yet arrived, and we think it will take a few more years to come. And when it does, it will be a whole different story.

Web 1.0 — the first Internet, “Global Library” and “Remote News.”

The first version of the Internet – Web 1.0 – was essentially just a collection of static information web pages. You could download books, read articles, watch the news, and download your favorite music and movies. These websites and resources were created by individual-specific people, i.e., resource owners and webmasters. In addition, the content on it has always been managed centrally, i.e., only the information published by the webmaster is on the website. If he hasn’t posted anything, users won’t see anything either. In other words, you can think of Web 1.0 as just an extensive collection of data that someone put there. If the content did not reach the network due to an oversight or the administrator’s unwillingness to publish data,

Web 1.0 can also be compared to a global library or a prominent newspaper. When we arrive at the library, we cannot read everything, and our choices are limited only to the books in the library. And when we buy a newspaper, we can only read what the journalists wrote in it. And they probably don’t write everything and even hide something.

Web 2.0 — Internet for users

Since 2003, the Internet has moved to a qualitatively new level – Web 2.0. The main difference between Web 1.0 was the emergence of social networks. Social networks allow ordinary network users to post content. For this, they should not become webmasters or resource owners but register with a network. People were allowed to express themselves. And then many thought — here it is, the Internet’s actual appearance. However, later it turned out that people were not given absolute freedom since now we have to interact with servers in one way or another. There is a “client-server” architecture when the client accesses the server, and the server returns a response or records the data entered by the user. Servers also belong to companies and individuals. Companies have their content publishing policies, which often do not match the desires and motivations of the users who publish their content on centralized websites.

For example, in the case of YouTube, a user can quickly get a warning for unbiased statements about sexual minorities or the Covid vaccination. In other words, centralization remains in Web 2.0, which restricts users’ freedom of expression, affecting the quality of content in general. Who publish their content on centralized websites. Who publish their content on centralized websites. For example, in the case of YouTube, a user can quickly get a warning for unbiased statements about sexual minorities or the Covid vaccination. In other words, centralization remains in Web 2.0, which restricts users’ freedom of expression, affecting the quality of content in general. Navicosoft is providing Domain Backorder services.

Let’s talk about the shortcomings of Web 2.0. It is essential to understand that these shortcomings are present not only in social networks but also in other areas of the Internet — online commerce (Amazon, Alibaba), search engines (Google, Yandex), browsers, and even operating systems (Windows, Android, iOS). Centralization is hurting these areas as well, not just social media. For example, search engines can have their search algorithms that won’t let in the “wrong” information and push the “right” ones, as well as “sponsor” advertising on their behalf – the kind of advertising many of us are already tired of. And marketplaces can also establish their usage policies and regulate the admission of companies and private users to their sites.

Another disadvantage of Web 2.0 is the transmission of confidential user data to services. Many require users to provide their personal information and leave it on the site. Personal data is stored on content pages, and this data can be hacked and stolen. It is not the case in decentralized networks.

So, there are obvious weaknesses in Web 2.0 that need to be addressed and are very annoying for users. Below:

  • Relatively low speed of service (even taking into account the development of cellular networks);
  • monopolization of the market and consequent censorship and security breaches;
  • Violation of data protection and disclosure of personal user data to third parties;
  • A large number of failure points due to centralization;
  • Duplication and ambiguous content.

Web 3.0 is a new but not yet implemented concept.

Web 3.0 can replace Web 2.0. Why can”? First of all, nobody knows what will become of Web 3.0 and how it differs from Web 2.0 (by the way, the term Web 1.0 only appeared after the emergence of 2.0 and got its clear definition). Secondly, there is a lot of talk about decentralization and the use of blockchain, but how it will happen and whether ordinary users will want to switch to an incomprehensible blockchain and everything related to it remains to be seen.

In a nutshell, Web 3.0 is such an Internet that “lives” not on individual servers located in a particular place and owned by certain people or companies, but in separate nodes – nodes and on the devices of the users themselves. At the same time, modern Blockchains allow everyone to provide and manage their nodes. Thus, in contrast to the centralized Web 2.0, Web 3.0 theoretically allows the simultaneous use of services hosted anywhere and nowhere. To better understand this idea, let’s look at the concept of decentralized applications (DApps).

The distinction between the decentrally organized Web 3.0 and the semantic Internet

As mentioned initially, the term Web3 or Web 3.0 is also used for the so-called semantic Internet. The term “semantic internet” was coined in 1999 by Tim Berners-Lee, considered the inventor of the World Wide Web. Although there are certain overlaps between the ideas of a semantic internet and a decentrally organized web, the two concepts can be distinguished. The semantic Internet represents an evolutionary stage of Web 2.0. The information disseminated by people on the Internet can be understood by people and read by machines, and evaluated by them. Information is provided with descriptions and given a precise meaning. For Domain Name Backorder contact Navicosoft.

Through these semantics and the linking of meanings, information can be related to each other and evaluated automatically. The semantic Internet aims to make the mass of information available on the Internet more accessible to users and handle it more easily. Relevant content is easier to identify on the semantic Internet. Since some technology experts and Internet visionaries see a decentrally managed Internet as a basis for the semantic web as well, the different meanings of “semantic web” and “decentralized online ecosystem” have developed for the term Web 3.0 (Web3).

DApps — the cornerstone of Web 3.0

To understand the difference between centralized and decentralized applications, consider an example. Let’s take Instagram. When users open the Instagram app on their phone, they see the interface; This is the client-side. The client-side is required for the user to enter their data and send it to the server. And the server, in turn, processes client data according to its algorithms. The server resides on a separate computer (also called a server) somewhere in a specific location. There is centralization here, and the server owner himself determines the default for running the application.

The server part is not on a separate computer but on the blockchain in a decentralized application. It is stored on nodes, which can be any number but located in different parts of the world and belonging to completely other people. Every time the user enters new data, this data is replicated in all nodes of all blockchain copies. It means that nobody has the opportunity to manipulate data management or to introduce their own data processing guidelines. It is a manifestation of decentralization in all its glory.

Such network function has already been implemented in some projects; As an example, we can cite Theta — a service for creating, publishing, and sharing video content. In this network, content is stored in nodes, and users can even share some of their computing power by receiving network-owned tokens in return.

There is also a project called IPFS — InterPlanetary File System — an open-source, decentralized file-sharing network. The network is a peer-to-peer communication protocol, i.e., a data exchange protocol without a central authority (server).

Benefits of Web 3.0

When talking about the new Internet, one should mention its innovations with it. First of all, of course, decentralization comes to the fore. But that’s not the only benefit of the new Web 3.0. In addition to the absence of central administrative authorities, blockchain solutions have many other advantages. For example, all interactions and data on the network can be tokenized. It allows:

Tag content to assign unique attributes to it. This way, one will deal with multiple copies of the same information, find the source more efficiently, and save time searching for original content.

Take advantage of new ways to earn money online. It applies both to the license fees to authors of articles, videos, etc., and to the remuneration of users for just viewing and reading content. Navicosoft is providing Backorder Domain.

The idea of ​​decentralization paves the way for many content authors and bloggers without requiring the provision of personal data in return. And this, in turn, allows for anonymity and privacy on the network.

Disadvantages of a Web3

Possible disadvantages that could arise from the implementation of Web 3.0 are:

Fewer opportunities to influence and regulate the development of the Internet and its services – the danger of anarchy on the Internet.

  • Loss of state control.
  • Substantial increase in energy demand due to computationally intensive blockchain technologies.
  • They are influencing future Web3 concepts by Web 2.0 dominators in their favor.
  • The difficult transition from Web 2.0 to Web 3.0.
  • A distributed network also allows users to share their computing power with others, increasing the overall speed of the network.

In summary, the benefits of Web 3.0 are stated as follows:

  • No centralized management for applications;
  • Hence less censorship and more freedom in user contributions;
  • Higher fault tolerance as applications are hosted in decentralized nodes — they are almost impossible to hack and do not depend on a single physical server;
  • Opportunities to monetize online presence, both for application operators and the users themselves.

Challenges of the Web 3.0 career

Besides all the joys attributed to the new Internet, problems hamper its emergence. For example, deploying a new network scheme in which there are no servers requires an overhaul of the entire Internet stack and the WWW data transmission protocol. Such a vast colossus, on which the whole world and the world as an entire economy now actually depends, will not leave the stage so quickly, and it will take time. For Backorder Domain Name contact Navicosoft.

In addition, to move to blockchain and Web 3.0, ordinary users need to switch to crypto (we are not talking about cryptocurrencies here, but about crypto services). It becomes necessary to obtain cryptographic keys, install DApps, find out how everything works, etc. Many users prefer not to bother with this but use intuitive and straightforward interfaces like Facebook or Instagram. When most users realize all the advantages of a decentralized web (and when the first working Web 3.0 services appear), we talk about the general adoption of the new Internet concept.

The future of Web 3.0

Web 3.0 will take years to become a reality since humans have to help realize these links. Ultimately, Web 3.0 works in a similar way to the human brain. A baby learns through experience. Experience values ​​are stored in the brain, and links are created when new experiences are added. Since with Web 3.0, not only one person helps to create the link and thus the meaning of the individual data to each other, the Semantic Web will represent an incredible collection of knowledge. Web 2.0 ultimately becomes Web 3.0’ssuccesshelp because the users also have to take notes to realize such a vast project.

Conclusion

Web 3.0 is undoubtedly an exciting and promising concept, but we still have to wait for its implementation because it will take some time. Most likely, Web 3.0 will not appear overnight and will show the world a bright future, protection of privacy, and total freedom of speech. It will have to go through a formation phase that can take years. Furthermore, Web 3.0 will take its first steps in conjunction with Web 2.0, which we are all using now because it is based on the second version. At first, it seems to be a kind of symbiosis of Web 3.0 and Web 2.0.