Unraveling All About Web 3.0 For You

December 30 , 2021

Finesols Admin

Blockchain

For anyone who wants to learn what Web 3.0 is, a little background information concerning Web 1.0 and Web 2.0 is crucial.

What Do You Mean by Web 1.0?

The early development of the internet was pioneered by Berners-Lee in 1990, a computer scientist working at European researcher CERN. He wrote three fundamental technologies that later became the web foundation. They were HTML, the HyperText Markup Language, which is used as the formatting language of the web. URL or URI means Uniform Resource Locator or Identifier, using which a unique address identifies the websites. Lastly, HTTP the HyperText Transfer Protocol, using which the websites only grant the retrieval of the linked resources all over the web.

In the mid-1990s, the web browsers such as Netscape were introduced, which was still the Web 1.0 era. This was the age where the web pages used to retrieve from servers, the type of content that people take for granted today. People were amazed by the novelty features such as news retrieval and email. Content creation was yet in its beginning stages, and people had little opportunity for interactive applications, which led to the improvement in online banking. Trading became famous as well, which is one of the most common aspects we have access to today. How AI solutions have entirely changed the use of the internet today would not even have been thought of back then.

What Do You Mean By Web 2.0?

Web 2.0 is the age where the true potential of the internet was unleashed. In the past couple of decades, Web 2.0 has completely replaced the presence of Web 1.0. Everything related to user-generated content, interactivity, and social connectivity has been updated. Now millions of people globally view the user-generated content instantly. This has led to an un-parallel reach of user-generated information all these years. Mobile internet access and social networks are just the novelties made possible by key innovations of Web2.0. The second decade of this millennium has shown the mobile app dominance that expanded the online utility and interactivity. The following examples will make you understand it better,

• Facebook (Now Meta)
• Uber
• Instagram
• Twitter
• Airbnb
• TikTok
• WhatsApp
• YouTube

The exceptional growth that these apps made is why these companies had become the world’s biggest companies in market capitalization. Furthermore, the gig economy growth resulted from these apps that empowered millions of people across the globe to earn a good income. They utilized the online platform to make that happen, something that has become common as riding a bike. Moreover, the businesses, companies, and individuals that failed to adopt these technologies faced a downfall. Utilizing the benefits of Web 2.0 is not a question or a choice anymore; it is more of a necessity now. The rise of machine learning solutions played a vital role in the expansion of Web 2.0 and helped in the betterment of smooth workflow.

What Does Web 3.0 Have In Stock?

Web 3.0 portrays the next-level evolution of the internet/web that is disruptive. It represents a giant paradigm turn as Web 2.0. It includes the core concepts concerning decentralization, user utility, and openness. What Berners-Lee illustrated back in the 1990s are some of the key concepts we see in Web 3.0. The decentralization; where no consent from the central authority is required to publish anything on the internet. This excludes the possibility of the central controlling mode and enhances the no single point failure aspect. The other one was Bottom-up design, where the code was written in full view of all the people instead of experts to have maximum participation, input, and experimentation.

How Web 3.0 has included all the original concepts of semantic web conceptualized by Berners-Lee back in 2001 is something to look at. Though, it is not entirely done because it is challenging to make the human language be in the format that will be understood by the computer effectively.

Top Features Of Web 3.0

With all the information that has yet been gathered, here are some top features you should know of Web 3.0.

• Decentralization

It is a central precept of Web 2.0. In Web 2.0, the information is stored on the physical addresses in the servers for which the computers use HTTP. Because the information would be found based on the content, it can be stored in more than one location; decentralized refers to accessing the information easily. This allows the giant databases now held by the market giants like Facebook (Now Meta) to break down and prevent undue enrichment by enabling users to have more control.

• Trustless And Permissionless

Moreover, the decentralization and open source software the Web 3.0 is going to be trustless, which means that users will be allowed by the network to interact without a trusted arbitrator directly. The permissionless implies that users will be able to participate without being authorized by a governing body. This will result in Web 3.0 running on blockchains and decentralized peer-to-peer networks. This is how the blockchain business solutions will be enhanced to drive better results.

• Artificial Intelligence (AI solutions) And Machine Learning

Web 3.0 will let computers understand the information just like humans do. This can be done using technologies based on semantic web concepts in the processing of natural language. How machine learning solutions will be used by Web 3.0 to mimic the way humans learn things is impressive. Apparently, the capabilities will be helping the computers to produce results faster and much more relevant.

• Connectivity And Ubiquity

Using Web 3.0, the content and information are much together being more ubiquitous. They are accessed by many applications with an increasing number of devices connected to the web daily. The most apparent example here can be the Internet of Things.

Conclusion

In a nutshell, here is how you can easily comprehend the whole concept of Web 3.0 quite easily. Let the black-and-white movie era be described by Web 1.0. This will make Web 2.0 more an era where the essential 3D full of colors was introduced. This now brings us to Web 3.0 that clearly indicates the metaverse. The coming days will enhance its features as it is picking up with a good pace to entirely dominate the market.

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