What is Web3? Difference with Web2 and Web1?

The Internet is in the “Web 3.0” phase. But what does that really mean? And what is the difference between “Web 2.0” and “Web 1.0”?

Web 1.0, Web 2.0 and Web 3.0 are states of development of the Internet. They describe the technologies mainly used on the Internet. “Web3”, “web3” or “Web 3.0” refers to the third stage of Internet development.

What is Web3?

The term Web3 did not become widespread until 2021 and describes the third stage of Internet development. It is even more connected and includes new technologies such as machine learning, natural language processing and autonomous behavior. This has been achieved through large databases which have collected and continue to collect a lot of metadata/user data. The “Internet of Things” is a tool here, where the refrigerator knows, for example, whether there is still enough food and, if not, orders it again. This way of storing and exchanging information creates huge networks that act as autonomous and intelligent behaviors.

What is the difference between Web 1.0, Web 2.0 and Web 3.0?

There is no uniform definition of the three terms. However, we have clarified the most important differences in our table:

Walk to concentrate the description
internet 1.0 company Users surf the web on static websites without being able to interact with them.
Web 2.0 final user Users can create content on external websites (social networks, blogs, podcasts, messengers, …).
Internet 3.0 the Internet Intelligent, autonomous and networked databases (natural language processing, machine learning, blockchain, …).

This is what the Internet looked like:

Is Web 3.0 really decentralized and blockchain-based?

According to Internet reports, Web 3.0 is currently considered “more secure” and “decentralized” in the future. To achieve this, it is said to rely on blockchain – a technique known from cryptocurrencies.

  • The main reason given is that it aims to prevent a few gigantic corporations from owning and managing all the data.
  • So, instead of uploading data online, users can become participants and shareholders by earning and trading tokens or non-fungible tokens (NFTs) in the blockchain system. Accordingly, they help determine how the respective network is operated.

However, this logic seems contradictory to us: on the one hand, a few gigantic technology companies already own almost all the data (GAFA monopoly), on the other hand, these companies like to invest huge sums in new types of Web services3 . Other than a change in web technology and a different naming, nothing would change in the actual “determinants” in this case.

Terms related to decentralized and blockchain-based Web 3.0 include a Frcentral Iffinancial system (Challenge) and that’s to saydecentralized aautonomous Oorganizations (CAD).

The future will show how Web3 is finally defined and whether it will be decentralized and use a blockchain – at the latest when Web4 is an important topic.

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