What is Web 3.0? How it will Change the Entire Internet
Imagine that no one company or person controls the internet you are running, you have full control of what you are putting on the internet, your data is only yours, no one can remove from the internet any photo or video you are putting online unless you want, Companies like Facebook aka Meta, Google can’t steal your data, so they have to first get permission from you.
This is Web 3.0 in which no single company or entity has control over your data on the Internet, I will tell you in this blog what is Web 3.0? Before we understand this, let’s understand Web 1.0 and Web 2.0.
What is Web 1.0?
The Internet was a new one in Web 1.0 where only we could browse and read the content that was given on the website and at that time the interface of the website was very boring because in Web 1.0, only text was present on the websites, today in Web 2.0, the video in the website, We can image all of this, but in Web 1.0, all this was not possible. At that time, we could not comment or login to any website like we did today.
There was a lot of shortcomings in Web 1.0, which was improved and after that, the web 2.0 started, which is currently running the internet.
What is Web 2.0?
Web 2.0 started in 1999 when the Internet became more famous and mobile phones, social media, cloud computers were also born at the same time. In Web 2.0, we can go to websites and login, comment, you can share the article on the website on social media, just like you are going to do right now after reading it.
The internet that we are using today is Web 2.0, it is the social media that was born in this Web 2.0, which took Web 2.0 a step further, where we can follow each other on social media, we are updated from the world sitting at home, we know what is going on all over the world because of social media.
In Web 2.0, we can share our thoughts with others, with the help of this, we can connect with people from all over the world. But the biggest advantage of this is the biggest company like Facebook Aka Meta, Google, Amazon.
Because nowadays everyone uses Instagram, FB, Google, YouTube, but they let us use their platform for free, in return they show us some ads on their platform, but most people don’t think why these ads are so accurate that we are thinking or what we are searching about online, these ads start showing us these platforms. have.
That’s where the game of this big big company starts, we think this company is giving us its service for free, but the truth is that nothing in this world is free of charge. Andrew Lewis has a big famous line of “If you are not paying for it, you’re not the customer; you’re the product being sold”.
Companies like Google, Meta, Amazon make money using our data, which they store in their servers. Today, these big companies have the most control over the internet, these companies know everything about us, they have complete control over our data.
By being our data, we do not know how these companies use our data. They show us what they want and fulfill their agenda from it, and that’s what Web 3.0 is born of.
What is Web 3.0?
Web 2.0 is a centralized system where the control over the Internet is with a large company, our data is stored in their servers. Web 3.0 is a decentralized system that works on blockchain technology, where our data is not stored on a single server but is distributed across the world into nodes that store our data in a blockchain. What is almost impossible to hack, the same centralized server can be easily hacked.
The biggest advantage of the decentralized system is that no company has control over it, we have full control over our data, if companies like Meta, Google, Amazon have to use our data, then they will have to take permission from us first.
Web 3.0 Examples
The biggest example of Web 3.0 is the dApps (Decentralized Applications) such as Uniswap, Pancakeswap, Opensea, Aave, Compound, i.e. applications that are not controlled by a single party, where any website can be blocked from the Internet with the help of its IP address, it is impossible to remove or block dApps from the Internet because they are not hosted on an IP address.
DApps don’t collect your data from you, to use their service, you need a private wallet such as MetaMask, trust wallet that is decentralized.
Bitcoin also comes in Web 3.0 over which no one has any control, bitcoin’s nodes are spread all over the world which verifies its transaction with the help of Proof of Work Consensus Mechanisam and then stores it on the blockchain.
Blockchain games like Axie Infinity, Sand Box, Star Atlas, etc., which you can earn money by playing, so far in Wb2.0, we used to play online games only for entertainment which we did not get any money, but now in Web 3.0 you can enjoy the game as well as earn money.
