Feeling out of the loop on Web 3?
No worries, I've got you covered.
A thread on what it is, what's changing, & why you should care.
(In simple terms) 🧵
No worries, I've got you covered.
A thread on what it is, what's changing, & why you should care.
(In simple terms) 🧵
To understand where we're going, we need to know where we've been.
Web 1.0 - Built for consumption
Think of the web in this era as a giant "digital library."
Characterized by static web pages, the internet was a place users visited to consume, not create.
Web 1.0 - Built for consumption
Think of the web in this era as a giant "digital library."
Characterized by static web pages, the internet was a place users visited to consume, not create.
Web 2.0 - The "Social Web"
The next evolution of the web has allowed the masses to become active participants.
Creating & sharing content through blogs, social media, and various interactive applications.
In short: Everyone can be an author / editor / distributor.
The next evolution of the web has allowed the masses to become active participants.
Creating & sharing content through blogs, social media, and various interactive applications.
In short: Everyone can be an author / editor / distributor.
Web 3.0 - The "Semantic Web"
By leveraging the power of machine learning, AI, & decentralized technologies like blockchain, Web 3 aims to achieve the following:
• No central point of control
• > Interconnectivity of information
• Return of power to the people
By leveraging the power of machine learning, AI, & decentralized technologies like blockchain, Web 3 aims to achieve the following:
• No central point of control
• > Interconnectivity of information
• Return of power to the people
Web 3.0 - Terminology
Before we dig in, it's a good idea to familiarize yourself with a few of the common terms used in the cryptocurrency / Web 3.0 world.
I wrote about this a few days ago:
Before we dig in, it's a good idea to familiarize yourself with a few of the common terms used in the cryptocurrency / Web 3.0 world.
I wrote about this a few days ago:
https://twitter.com/blakeaburge/status/1445354083435515905?s=20
Web 3.0 - Decentralization
This essentially means there is no central point of control.
Middlemen (i.e. banks, governments, social platforms, etc.) are removed from the equation.
The result?
Less censorship, removal of gatekeepers, & a shift toward a truly "free" internet.
This essentially means there is no central point of control.
Middlemen (i.e. banks, governments, social platforms, etc.) are removed from the equation.
The result?
Less censorship, removal of gatekeepers, & a shift toward a truly "free" internet.
•Security & Privacy:
By utilizing blockchain technology, data can be stored in an environment that removes the need for passwords & usernames.
Digital identities will be anonymous & fully encrypted.
Paving the way for the resolution of many privacy concerns that exist today.
By utilizing blockchain technology, data can be stored in an environment that removes the need for passwords & usernames.
Digital identities will be anonymous & fully encrypted.
Paving the way for the resolution of many privacy concerns that exist today.
Web 3.0 - Interconnetivity
What does it mean when we say "semantic web?"
It's not as complicated as you may think.
Utilizing the power of AI, computers will be able to interpret the semantics (or meaning) of the content on the web.
What does it mean when we say "semantic web?"
It's not as complicated as you may think.
Utilizing the power of AI, computers will be able to interpret the semantics (or meaning) of the content on the web.
Instead of just searching for a specific keyword, computers will be able to understand & analyze interactions between users & content.
More importantly, they will understand how these interactions connect to one another.
Thus providing a more personalized experience.
More importantly, they will understand how these interactions connect to one another.
Thus providing a more personalized experience.
In 1999, Tim Berners-Lee (inventor of the World Wide Web) described it as follows:
Web 3.0 - Power to the people
Web 3 has also been described as the "permissionless" web.
As noted above, the idea here is that users and content creators will be able to participate in applications at will.
Without the permission of a governing body or controlling 3rd party.
Web 3 has also been described as the "permissionless" web.
As noted above, the idea here is that users and content creators will be able to participate in applications at will.
Without the permission of a governing body or controlling 3rd party.
Web 3.0 - Want to learn more?
Lucky for us, there is no shortage of experts willing to share their knowledge about the emergence of Web 3.0
Frankly, these folks know a lot more about this than me.
Here are 3 of the best: 👇🏻
Lucky for us, there is no shortage of experts willing to share their knowledge about the emergence of Web 3.0
Frankly, these folks know a lot more about this than me.
Here are 3 of the best: 👇🏻
3/ @jackbutcher – A collection of resources:
https://twitter.com/jackbutcher/status/1435299942235615236?s=20
As for me...
If you found this helpful, why not share?
•Retweet the first tweet and help others find this thread
•Join 32,000+ of my friends & follow me: @blakeaburge
•Thank you for reading!
If you found this helpful, why not share?
•Retweet the first tweet and help others find this thread
•Join 32,000+ of my friends & follow me: @blakeaburge
•Thank you for reading!
https://twitter.com/blakeaburge/status/1443051661988020232?s=20
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