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What is Web3? A Deep Dive into the Decentralized Internet
The internet has come a long way since its inception—from static web pages to interactive platforms that dominate our digital lives. But a new wave of transformation is emerging, aiming to return control to users rather than corporations. This movement is known as Web3 . In this blog post, we’ll explore what Web3 is, how it differs from previous iterations of the web, its key components, benefits, challenges, and what it means for the future of the internet. A Brief History: Web1, Web2, and Web3 To understand Web3, it's helpful to first look at how the web has evolved: 🌐 Web1 (The Static Web) — 1990s to early 2000s Read-only websites Static HTML pages Minimal interaction Centralized servers 🌍 Web2 (The Social Web) — Mid-2000s to now Read-write web User-generated content Platforms like Facebook, YouTube, and Twitter Centralized control and monetization by corporations 🚀 Web3 (The Decentralized Web) — Emerging now Read-write-own web Built...