๐ Web 3.0 is the decentralized version of the web that uses blockchain technology.
๐ Web 1.0, 2.0, and 3.0 are the three phases of the internet's evolution.
๐ Web 3.0 is the current phase of the internet and offers advanced features and capabilities.
๐ The internet became popular in the 1990s when businesses started using it to promote their products and services through websites.
๐ป Programmers played a crucial role in creating websites and showcasing content to the world.
๐ Most websites during this period were one-way, where users could only read the content.
๐ Web 1.0 was about reading, while Web 2.0 allowed users to both read and write content.
๐ฑ Web 2.0 introduced platforms like Facebook, YouTube, Instagram, and WhatsApp where normal users can create and share content.
๐ฐ Content creators on platforms like YouTube can earn money from their content.
๐ก Web3 platforms are not actually free, as users' data is used for monetization.
๐ฐ Users are the product on free platforms like Facebook and Google, as their data is used to generate revenue.
๐ Users lack control over their own data on these platforms, which raises privacy concerns.
๐ Web3.0 allows users to own their data and decide who can share it, as well as profit from its use.
๐ Instead of centralized servers, Web3.0 uses a peer-to-peer network where nodes can interact.
๐ Web3.0 enables decentralized internet services like social networking, video uploading, and search.
๐ก Web3 is the decentralized internet where applications run on nodes without central servers.
โฉ We are transitioning from Web2.0 to Web3.0, and companies are compelled to move to this new paradigm in order to retain users.
๐ On Web3.0, users have ownership and control over their data, with the added benefit of cryptocurrencies.
๐ก Web 3.0 is the next phase of the internet where most services will be hosted.
๐ Web 3.0 marks a shift from web 1.0 and web 2.0, with new technologies and services.
๐ฎ Cryptocurrency and NFTs are examples of services that are currently on web 3.0.
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