If you have been hearing about Web 3.0 and trying to understand what the hype is about, this is for you!

A Thread Of Things You Should Know To Understand Web 3.0

1. WEB 1.0 (Read-only web)

It was the first stage of the internet. The first page went live in 1991 by Tim Bernes Lee to share information.

• It was slow and static

• Users were consumers

• Limited interaction

1. Web 2.0 (Participatory social web)

This is the second and present stage of the internet, it went live in 2004.

ADVANTAGES OF WEB 2.0

• It is faster and more reliable

• It enhances industrious participation in sharing and generating data and information.

• It is more interactive.

PROBLEMS OF WEB 2.0

• Centralization.

• Users are mainly products

• Lack of privacy

SOLUTIONS TO WEB 3.0 PROBLEMS

• Decentralization

• Freedom

• Anonymity.

Now, let's take a look at the future, WEB 3.0 and how it will solve these problems.

WEB 3.0 (The Decentralized Web)

This is the third generation of the world wide web, it is faster and better than the Web 2.0.

It would guarantee decentralization because companies would run by a decentralized group called a DAO.

DAO means Decentralized Autonomous Organization, and we would extensively explain it in another post!

WHY ARE WE TRANSITIONING INTO WEB 3.0?

Professionals have said that the Decentralized Web would guarantee safety and anonymity.

In web 1.0 we were chronic consumers, in Web 2.0 we are the products. However, it is believed that in Web 3.0, we would be OWNERS of our data.

We would have total control, freedom and anonymity.

Examples of Web 3.0 Products.

1. Siri
2. Wolfram Alpha
3. Metamask

KEY TAKEAWAYS:

• Web 3.0 is the third stage of the world wide web.

• Web 3.0 would give more control to users.

• Web 3.0 would be decentralized.

• The transition would happen slowly and steadily.

CONCLUSION: Web 3.0 is the future of the internet and as predicted, users would own their data and control it.

Decentralization would guarantee the safety of our data and it would no longer be sold to companies for targeted advertising.

Web 3.0 is here to stay!!