web3. READ- WRITE- OWN

in #web3 • 3 years ago (edited)

Web 1: Read
Web 2: Read-Write
Web 3: Read-Write-Own

  • Web 3 brings 4 big disruptions:

  1. Web3 is decentralized: instead of large swathes of the internet controlled and owned by centralized entities, ownership gets distributed amongst its builders and users.

  2. Web3 is permissionless: everyone has equal access to participate in Web3, and no one gets excluded.

  3. Web3 has native payments: it uses cryptocurrency for spending and sending money online instead of relying on the outdated infrastructure of banks and payment processors.

  4. Web3 is trustless: it operates using incentives and economic mechanisms instead of relying on trusted third-parties.

via:
https://ethereum.org/en/web3/
https://twitter.com/himgajria/status/1266415636789334016

web 3,2,1.png

#ethereum
3 years ago in #web3 by
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