Sunday, February 6, 2022

A Beginner’s Guide to Web 3.0

Web 3.0 is the latest and modern rendition of the internet. The prominent attribute of this version is its decentralized nature. Web 3.0 facilitates crypto traders, mainly by keeping a track record of each transaction, making web 3.0 a secure trading space. Web 3.0 is highly convenient for the user and is comparatively easier to access than web 2.0. This version of the internet removes the barrier of giants offering features and services. The net surfer does not have to depend on Google or other web services to reach their desired destination. 

History of Internet

The world has witnessed and absorbed the evolution of the internet over the years, and a contrasting picture can be seen when comparing the latest and oldest versions. Three renditions of the web will be discussed separately for more profound analyses of each stage throughout the path that led to web 3.0. 

Web 1.0

Web 1.0 was the pioneer of all the later versions of the internet that stayed between 1991 and 2004. Web 1.0 was an entire set-up with a read-only attribute. The first generation of the web was primarily programmed and regulated by a developer, and the majority of the users would only research and broadcast information. The available tools or content was in text form. 

The simple display in different sites would supply material and content in a static format rather than dynamic. Webpages were not interactive for users and displayed a static style compared to the updated versions.

Web 2.0

The world wide web’s most popular and frequently used generation is web 2.0. Unlike the read-only web 1.0, this updated generation offered a somewhat interactive experience to consumers. Web 2.0 is more diverse and guides users to delve into the dynamic universe of the read-write web. Web 1.0 had room for only professional developers to upgrade or create. Still, web 2.0 expands in that regard and facilitates content consumers by providing tools necessary for the development process in the web. 

Participants of web 2.0 are more involved in the virtual world. They can share their thoughts through various social media applications like Facebook and YouTube. A user can interact with the whole world through third-party platforms and even have a profitable career. The world has become a global village, and the credit goes to the well-deserved concept of web 2.0.

Various programming languages are instrumental in web 2.0. Good command of JavaScript, HTML5, and CSS3 can open many doors for the creator to web 2.0 with a different perspective. The participants of web 2.0 turn out to be crucial for its growth, and the infrastructure itself encourages users to enhance the experiences of the web. Many social media applications have applied similar methodologies to surge in the web market. 

User feedback and interests are some of the foundations that interactive social media applications thrive and grow on. The developers build the app and hire hard-working creators to take their idea forward. The growing phase of the app primarily depends on the consumers’ trends and interests. Constant and right upgrades are required to keep up with the trends throughout each year. 

One of the worst setbacks of using a web 2.0 application is exposing your data and information. Applications feed and thrive on tracking your movements on the internet as it provides them with a trend of your interests, making it convenient for them to target suitable ads to you. Although this strategy might be effective for marketers and businesses on web 2.0, it takes the general consent of the consumer out of the question. Many have expressed their concerns over the exploitation of their sensitive data, but a gradual acceptance in the general population has been seen. Entrepreneurs have used this opportunity to create software to counter data tracking, which is also being used by masses on the web 2.0.

Web 2.0 applications and online stores usually respect the user’s consent and politely asks for permission to track and scrutinize data. The problem starts when the consumer is followed even without their knowledge. Such illegal and unethical approaches are the fronts of intelligence agencies and government institutes to supervise the public interest. Unfortunately, web 2.0 has its limits in that regard, and as mediators themselves run this generation, the question restricting the applications is itself absurd. 

Web 3.0

The latest generation of the internet is web 3.0 and was considered the future of the web until 2020. This version is regarded as a semantic web with incorporated artificial intelligence tools that overview consumers’ data without any human involvement. Here, the targeting of ads is more precise as the mechanical aspect of the web understands and assesses the consumer’s movements more thoroughly and effectively. 

Web 2.0 and 3.0 are pretty similar, but their few distinctions are enough to differentiate between the two versions. Although both generations are decentralized in nature, the concept of servers is non-existent in the realm of web 3.0. Developers tend to launch applications in crypto blockchains. 

The whole of web 3.0 exists in a decentralized network. The creators and developers are required to adapt to the decentralized nature of the blockchain to run their applications. The apps are referred to as DApps (Decentralized Applications). The long chains of interconnected nodes streamline the whole blockchain operation, and a secure boundary covers web 3.0. 

Properties of Web 3.0

Web 3.0 is being adapted daily, and the general public likes the concept. The upgrades in web 3.0 are exciting and engaging while rectifying significant flaws in web 2.0 is a definite step in the right direction. To understand the future of web 3.0, some of its features are outlined:

3D Graphics

The third and latest version of the web turns to a more realistic approach towards online stores and other platforms. A three-dimensional display of stalls and brands on the web will engage more users. Web 2.0 had a 2D view of the platforms, but the exceptional transition to 3D is revolutionizing online businesses. The need to physically visit stores is not necessary when you can experience it virtually in almost the same manner. Enterprises have turned online to reach tasks effectively and efficiently because of the convenience to clients in web 3.0. Hence, this feature has had a positive impact on the future of the web.

Artificial Intelligence

Web 2.0 has given people control of various protocols and platforms. The targeting and focusing of ads are also under human jurisdiction. With other flaws in the system, the idea of human error needs to be considered as well. Web 3.0 understood the weak links of the previous version and adopted the artificial intelligence tools to tackle human scams better. Not only did this tactic end exploitation of data for advertisement purposes, but it also provided accurate and authentic results in every field. It is safe to say that AI tools are the basis on which the blockchain network of web 3.0 stands. 

Semantic Web

Web 3.0 is a semantic web that equips AI tools with all the necessary understanding of data and information before under the profound analyses of artificial intelligence. The semantic nature of web 3.0 is one of its distinct features, and it is also extremely crucial. The correct decoding of stimuli or data is essential to reach an authentic result. But the foundation of web 3.0 is more vital than before, and the data communication is smooth. AI provides satisfactory results every time, and users are successfully engaged each day. The credit goes to the semantic nature of the web.

Limitless Web

Web 3.0 is limitless when it comes to sharing and communication of data. The properties of individuals on the internet will not be restricted to single devices anymore. The blockchain web surpasses all the barriers to provide the user with the ultimate experience. The mere connection to the internet will launch all of your preferred data on any device or platform you want from anywhere. This feature enables the user to communicate more freely and safely depending on web 3.0. The blockchain web is ubiquitous, and it reflects what the future of the web holds for people. 

The Crypto World and Web 3.0

Web 3.0 and cryptocurrency co-exist, and it’s crucial for the survival of both. The blockchain environment helps and motivates the creators by offering crypto rewards. Hence, web 3.0 is a platform for budding developers to step in and reap the rewards by upgrading or creating decentralized apps. Moreover, the crypto tokens rewarded by the blockchain enhance the network’s decentralized experience due to digital assets and their relation with Dapps. As in web 2.0, the majority of vital services were offered by a single server creating a cloud, but in web 3.0, the responsibility lies on the shoulders of the whole decentralized network of blockchain. 

Various examples of different protocols on web 3.0 can be taken. A video-sharing Dapp offers ETH tokens to streamers or creators. Other protocols tend to supply wireless coverage of data only through blockchain networks. Ultimately, the services are excellent, but consumers need to understand and participate in the blockchain network. 

Web 3.0 is a universe with billions of opportunities. People can earn a hefty number of crypto tokens via the protocols available on the platform. There are many platforms where consumers pay to redeem services or products. Hence, web 3.0 is a unique space for online investment and businesses, providing a surreal experience without any third party involved. If you have already adapted to the crypto cloud, the experience of web 3.0 for you will get better and better.

The idea of a blockchain web is extraordinary, and its foundation for interacting platforms makes them instantly popular. A famous social forum named “Reddit” has jumped into web 3.0, associating crypto tokens with users. The concept behind web 3.0 Reddit is to offer creators and readers cryptocurrency incentives for active consumption production of content. This way, authentic and talented creators redeem crypto awards and have a prominent standing on the platform. Reddit has done well to cast its ideology into web 3.0 by understanding that survival and growth are possible only via crypto coins’ incursion.

Following Reddit’s approach, service providers on web 3.0 have digested that cryptocurrencies and their inclusion are a must to be profitable in the climate. NFTs and crypto coins are the trending tools in the third generation of the web when running protocols. One of the fantastic foundations of web 3.0 is recording data in the blockchain. The information regarding earned crypto tokens and shares cannot be stolen or lost because of the strong bases of blockchain. Moreover, consumers are attracted to the crypto induced internet climate due to its distribution of shares to intellectual and hard-working participants that consistently contribute. In simple words, the structure and blueprint of web 3.0 are more engaging and involving for the user. 

Differences Between Web 2.0 and 3.0

From a distant point of view, the two generations might seem very similar, but the differences are apparent when put under the microscope. Mentioned below are some differences between the two versions of the web:

Goal

The goal of web 2.0 was to create a community of users in the internet world where people could socialize and participate in various virtual activities. There is no denying that people did contribute to the ideology and made a world of their own. On the other hand, the modern version of the web acknowledges the flaws of web 2.0 and rectifies them by eliminating intermediaries. The general goal of web 3.0 is to promote and encourage the empowerment of each user.

One of the smaller targets that web 2.0 focused on was user experiences, even if it came at the expense of exploiting their privacy and data. In contrast, the blockchain web 3.0 applies artificial intelligence reducing human involvement as much as possible. The result is a much more precise targeting of ads and related services to users without data tinkering. 

Applications

The applications available on web 2.0 are strictly on the internet, with another party supervising user movements. In contrast, web 3.0 again trusts machine learning and artificial intelligence to run intelligent applications.

Data Ownership

The foundation of web 2.0 lies in the concept of a network that owns the data circulating on the internet. Unfortunately, users are not entirely independent while making decisions on web 2.0. While in web 3.0, the network does not own any of the data circulating in the blockchain. The data if the user only stays under the rightful ownership of the user itself. Such an enclosed atmosphere regarding data security puts the user’s mind at peace while surfing via web 3.0.

Technology

The second version of the web trusted several language software to develop platforms and protocols. CSS3, HTML5, AJAX, and JavaScript are some of the leading softwares used in the construction phase of web 2.0. Instead, in web 3.0, Artificial intelligence and Machine learning takes charge. AI and ML develop applications, and decentralized protocols act as a helping hand.

Advertising Strategies

As in web 2.0, intermediaries are fiddling with users’ data to accomplish advertising goals. The safety of the user is compromised with such an approach. That is why the advertisement strategy followed in web 3.0 is more appropriate than web 2.0. The latter web’s tactic is to induce AI into the mix and reach accurate targets without interfering with consumers’ data. 

3D Graphics

Web 2.0 did not have the luxury of a two-dimensional graphic display. Still, web 3.0 upgraded the visuals to 3D, which gave viewers an excellent alternative to real-world activities like going to stores or playing sports.

Conclusion

The internet has witnessed different phases taking the users on a roller coaster ride from a read-write web to a dynamic three-dimensional interactive blockchain network. There was a time when the idea of talking to someone a thousand miles away instantly was impossible. And now, we live in a global world because of the internet. Web 3.0 has made considerable improvements to its previous generations. The idea of no longer having intermediaries lurking over your data is refreshing and positive for users. It gives consumers a much safer web surfing experience while eliminating the dangers of scams that were often part of web 2.0.

The addition of AI to the operation and development of the web has increased the efficiency and impact of different platforms. The semantic nature of the web aids AI in producing authentic and refined results on any platform being used. Lastly, the three-dimensional visuals and display add to the engaging insight on various endeavours that people may wish to go on virtually.

Considering all the above features and attributes of web 3.0, it seems that the future of the internet can only move upward. Web 3.0 did justice with the expectations of the majority of the users and used cryptocurrency with the right potential. The world is living in a golden era of technology, and still, the mind thinks about what the future holds.

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