Web3 (also known as Web 3.0) is the idea of a version of the Internet that is decentralized and based on public blockchains. The concept has gained immense popularity in 2020 and 2021, with interest from cryptocurrency enthusiasts and investments from high-profile technologists and companies. Now we get to see how things unfold, and what to expect on our journey in the new frontier. Related Reading \ Refinable Launches Gaming Initiative and Sets Aside $150,000 to Support NFT Gaming X Out The Middle Man Web 3.0 has the potential to change how we use the internet. In this new era, navigating the web no longer means logging onto the likes of Facebook, Google or Twitter to connect with people. The web has been seen as a way to democratize access to information, but there weren’t always great ways of navigating it. It was pretty disorganized and overwhelming, and not what it is today with the endless amount of information at our hands. What we know and describe as Web 2.0 arrived in about the mid-2000s. Platforms like Google, Amazon, Facebook and Twitter started to emerge and laid out a new way for the Internet by making it easy to connect and transact online with anyone at anytime. Bitcoin: Latest action from the top coin on the blockchain. | BTC-USD on TradingView.com How Will The Blockchain Play It’s Part In Web3, data is stored in multiple copies of a P2P network. The management rules are formalized in the prot...
