The Web 3.0 Hype for Absolute Beginners
The challenge of a blockchain-based Internet is difficult but not impossible. By Raymond Chan
Web3 draws its name as the third generation of the internet, one which harnesses the web with blockchain technology, aiming to reduce the control of big corporations such as Google or Meta (formerly Facebook). When the Web 1.0 was considered read-only static pages and Web 2.0 added the ability for interaction such as social media and online banking, the concept of Web 3.0 is going to combine the characteristics of both Web1 and Web2 on a new network layer.
