You've heard about Web 3.0, the next version of the World Wide Web, but you're not quite sure what it is and how it will affect your online life. Web3 is the new kind of internet service that will allegedly be built on the blockchain. This will create some kind of an egalitarian internet where individual users have more power over their content and how the internet works as opposed to trusting that power to a few big companies. With the web being powered by the blockchain and artificial intelligence, all information will be published on the public ledge where everyone can equally access it. The term Web 3.0 was coined in 2014 by Ethereum co-founder Gavin Wood. Gavin felt that the web deserved more transparency and trust. According to him, we cannot get this trust by bestowing the internet to a few private companies. In a nutshell, Web1 allowed you to only read content on the net and do nothing much; Web2 now allows you to read and write content. Web3 will allow you to read, write and own your content. Don't worry--it's actually pretty easy to understand once you get the basics down! This beginner's guide to Web 3.0 will tell you everything you need to know about this new and exciting development in the internet realm, as well as introduce you to a few new terms so that you'll be in the know when your tech-savvy friends are talking about it at parties and other social outings. In a recent video Cryptela will cover the following terms about Web 3.0: 1. The history of the Internet 2. The concept behind Web 3.0 3. What does Web 3.0 mean? 4. How Web 3.0 works? 5. Why should you care about Web 3.0? 6. What is Machine Learning? 7. How can you profit from it?2022-09-09
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