What is Web3 and its relationship with cryptocurrencies?
Web3 is the next evolution of the Internet, aiming to transform the way we interact online. Unlike Web1, which was static and only allowed for content reading, and Web2, which focuses on user interaction and content creation, Web3 is based on decentralization and user empowerment.
Features of Web3:
Decentralization: Instead of relying on large corporations that control data and platforms, Web3 uses technologies like blockchain to distribute control among users. This means that no one has absolute power over the information.
Features of Web3:
Decentralization: Instead of relying on large corporations that control data and platforms, Web3 uses technologies like blockchain to distribute control among users. This means that no one has absolute power over the information.
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