Web 2 vs Web 3: The Evolution of the Internet
The internet has come a long way since its inception. From static web pages to dynamic applications, we've seen a significant shift in how we interact with the online world. This evolution has led to the distinction between Web 2 and Web 3. Web 2: The Era of Centralization Web 2, also known as the "read-write web", emerged in the early 2000s. It's characterized by: Centralized control User-generated content Advertising-driven revenue models Limited privacy and security Think Facebook, Twitter, and YouTube – platforms that rely on centralized servers and collect user data for advertising purposes. Web 3: The Era of Decentralization Web 3, also known as the "read-write-own web", is the next generation of the internet. It's built on: Decentralized networks (blockchain, peer-to-peer) User-owned data and assets Privacy and security prioritized Decentralized finance (DeFi) and non-fungible tokens (NFTs) Web 3 is about empowering users with control over their data, identity, and assets. It's a shift from centralized platforms to decentralized networks, enabling greater autonomy and innovation. In summary, Web 2 is about centralized control, while Web 3 is about decentralized freedom. Welcome to the internet of the future!
