What is web3? And why is it so important?

Do you want to know what web3? which are the reasons that makes everyone talk about it? Since the arrival of the Internet and the technological era, there has been great advance and optimizations that allow us to go further and further.

Electronic commerce, cryptocurrencies, decentralization, blockchain, decentralized econom… It seems that with time we evolve faster and faster. It is the reason why staying informed will let you be at the forefront. We should keep updated to know in-depth all these new terms and modern tools.

Do not miss this post to discover all the information you need to know about the third generation of the web. The changes applied compared to the second generation, everything that this advance means, and why it is so important. Take a look and learn all about web3.0. Let’s get started!

Web3.0: Definition

When it comes to defining what web3 is, it must be taken into account that it is defined as a third generation of the Internet or the web. The predecessor of web1 and web 2, this third generation, which has been talked about since 2020, promises to return to the roots and offer power to users again.

To start with, web3 uses a combination of technologies that seeks to ensure a decentralized global computing network through the blockchain. In simpler words, it seeks that all users can surf the web without putting their personal information, anonymity, and privacy at risk.

This version allows a more open and accessible perspective of the immense computer network. It is known as the World Wide Web. It is the reason why great expectations, uncertainty, and even opposition have been generated.

If we talk about web2, for example, you will know that this version is more related to interactions between users and others. Nevertheless, large companies have reached a point where they need personal data from each user. Web3 guarantees that all your information remains private and you are the only manager. In other words, an ideal decentralization for Internet users.

What is the difference between web1, web2, and web3?

There is a remarkable list of differences between these three different generations of the web. The most relevant to mention is the possibility of having access to the decentralized Internet. An issue that we previously mentioned and that is a unique feature of web3.

Due to everything that is mentioned for this new project, it can be said that the blockchain is the next Internet without a doubt. The use of this technology will provide users with endless benefits which we will be teaching you later.

Now, we will go over the differences between these three different generations. You have a better idea of what the whole thing is about. 

Web1

You must live in three different stages to fully understand everything related to the Internet. Its first appearance, which takes place in the ‘90s and is known as web1. This type of website was limited to offering content without interactions.  No other characteristics beyond the content to the consumer.

It can be said that it was a decentralized Internet because it had protocols open to users. They were the ones who managed its governance. The situation changed drastically in the first decade of the 2000s. At this moment the second generation of the network known as web 2.0 came to light.

In the early days of the Internet, you probably remember how awesome it was to access information in seconds. Only to continue an adequate evolution, other frontiers had to be reached that offered other kinds of tools to users.

Web2

The moment of the second generation, before the definition of web3, took place during the early years of the 2000s. The first generation finally reached a point where it could not continue to grow and therefore evolved into this web. The most relevant feature, beyond offering content, was to provide interactions between users.

It is for this reason that this second website used different companies as a premise that offered the possibility of interconnection between users through their platforms. We could say that it is the arrival of the era of Google, Instagram, and other social networks or search platforms.

However, this second generation reached a growth limit, which triggered an uncomfortable situation for users. It is because web2 needed to charge for the services it offered, through the private data of Internet users. And here are the dilemmas, users create their content but it is the big companies who monetize their content.

The decentralized Internet that was previously known, became centralized by the large companies that provide these services. And this is where the definition of web 3.0 begins to take its first steps. It aims to return the management of practically everything to the users themselves.

Web3

Finally, the point is reached where the question of what web3 is can be answered. This third generation of the Internet can be seen as a combination of the best of the first and second webs. Since it seeks to return decentralization and give power to users and not to large companies.

With it, it seeks to cancel the centralization that forces the user to share their data and privacy. Through the blockchain technology that is used mostly in the world of cryptocurrencies, it is possible to ensure that the content is created by the user. The monetization and benefits belong to the user.

In the second generation, the effort was focused on growing the platforms and social networks with followers, content, and others. However, the benefits were difficult to acquire having the large intermediary companies. And this is why we can say that the blockchain is the next Internet of the future.

This kind of technology decentralizes power and allows users to be the main managers of everything related to the use of the web. Something similar can be observed in the decentralized economy, where the intervention of a government is not required, in this case, of the large technology companies.

Decentralized internet: Why should you care?

By knowing what web3 is, you can already get an idea of ​​why the decentralization of the Internet is so important. The most obvious change is the better care of the data on the network. Itould be protected by Blockchain technology and belong only to the user.

In addition, the decentralized Internet provides the possibility for users to be the creators and beneficiaries of their content without having giant companies as intermediaries. In other words, the user once again takes on his role as the protagonist and administrator of absolutely everything related to his participation in the web3.

This decentralized Internet would be a much more secure, fast, and accessible network for anyone who wants to participate. A new window that allows access to cutting-edge technology and promises to be the web of tomorrow.

This, of course, has caused quite a stir among the big companies because, in some ways, it’s not convenient for them. However, it seems that the evolution to this web3 is inevitable and sooner or later it will arrive without any doubt in the daily life of all people.

What are the benefits of web3?

We have taught you the benefits that will come with the appearance of the modern web3. However, we want to dispel any doubts you may have and we will show you each benefit one by one. 

  • Decentralized internet
  • Use of blockchain technology
  • Priority to the user over the companies and companies involved
  • Browsing data and user information protected.
  • Management is carried out by users and not by companies
  • Eliminates companies as intermediaries and makes access to monetization much simpler.
  • Combines the best benefits of the two previous web generations and adds new ones.

Web3: The next internet

Now you know in greater detail all the information about what web3 is. Everything it offers and what are the most relevant changes of this new generation of the web.

It only remains to wait for what will happen shortly to know  if web 3.0 will be able to fully guarantee everything it offers in an efficient and functional project for all users.