Web 3.0

 

Web 3.0

WEB 1.0:- It was the initial phase of the internet invented in 1989 and lasted till 1999. It was mostly static web pages where user interaction was limited. Users can go to a website and read the static information. E-commerce websites available at those times did not provide platforms to create any content or post reviews on the internet.

WEB 2.0:- It is the present stage of the internet that started in the late 1990s. The main difference from its previous version is that users can interact in form of comments, upload files, and most importantly social media kind of interaction is made possible.

WEB 3.0:- It is the decentralized form of internet run on blockchain technology. In this users can own stakes in platforms and applications which is now controlled by big Tec companies.

The term ‘Web 3’ was first coined by Gavin Wood, founder of Ethereum in 2014, referring to a decentralized online ecosystem based on blockchain.


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