Web3 Development: Decentralizing the future of the internet
Web3 is one of the most futuristic technologies that is gaining hype. Although it is still in its infancy phase, the expected features, based upon the theories of the technology, have excited internet users a lot. Thus, web3 development is going on full power. Web3 will certainly resolve many issues that users have been experiencing from the current and past versions of the internet. To aptly understand what changes web3 is bringing to the internet, you need to understand the basic concepts of the previous versions. Let’s discuss the primary applications of web 2.0 and web 1.0. Web 1.0- The read-only platform Web 1.0 or the read-only version of the internet, was in operation from 1990 till 2004. This version was used by the users only to gain information, as the ways of interaction with the platform were very limited. Websites were used to put content or knowledge on the platform that users used to read. Thus, this version is also named the read-only platform....