Web2 vs Web3. I know which one I would choose. But if you're not sure of their differences, this blog should help.
While the current version of the Internet, Web2, is used by millions, it is not without its flaws. Issues regarding data ownership, censorship, and security continue to plague the Internet, spurring the conceptualization of a new and improved version called Web3. This future Internet seeks to include technologies like blockchain, artificial intelligence , and augmented reality . At its core, an ideal Web3 should offer benefits such as data ownership and confidentiality.
has emerged. This latest iteration of the Internet is expected to allow users to not only consume and create content and data but also own it.While the web has seen numerous changes over the years, its two major phases can be classified as Web1 and Web2.Web1, also known as Web 1.0, is the original Internet. It was made up of pages of static HTML – the web’s formatting language at the time – that displayed information online.
Service providers such as WordPress and Tumblr offer people a platform to create content, while social media companies like Facebook and Twitter allow people to connect and communicate with anyone anywhere in the world. Additionally, mobile internet access and the popularization of smartphones enable anyone to consume content easily.
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OviO Platform Launches New Apps to Bridge Web2 and Web3 Gaming EcosystemsOviO instruments are designed to facilitate seamless value transfer between centralized and decentralized protocols for e-gaming
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Web3 finance platform Integral closes $8.5m round led by Electric CapitalWeb3 finance platform Integral closed an $8.5 million round led by Electric Capital.
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Web3 accounting software Tres raises $7.6 million in seed fundingWeb3 financial tooling software Tres has raised $7.6 million led by Boldstart Ventures. Other backers include Blockdaemon and Alchemy.
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Grand Theft Auto creator backs web3 gaming studio in $7.6 million roundOne of the creators of the Grand Theft Auto series, David Jones, has backed blockchain gaming studio Random Games in a $7.6 million round.
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Coinbase to hand out ENS usernames to simplify wallet transactionsCoinbase highlighted that human-readable usernames are a necessary step to making Web3 more user-friendly.
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