What the heck is Web3?
The World Wide Web has come a long way in its short history. Initially created as a way to share research papers, it has evolved into a global platform for communication, commerce, and entertainment. Along the way, it has been divided into three distinct generations, each with its own unique characteristics.
Web 1, also known as the static web, was based on HTML pages that were largely static and unchanging. Web 2, or the social web, saw the rise of dynamic content and user interaction. Web 3 is sometimes referred to as the Semantic Web, and it is based on the idea of Linked Data. This means that data is linked together using relationships between things, rather than being organized in a hierarchical fashion like traditional databases. This allows for a more natural way of accessing information, and it also makes it possible for computers to understand the meaning of data.
Each successive generation of the web has built upon the foundation of the previous one. Thanks to this ongoing evolution, the web has become an essential part of our lives, and it shows no signs of slowing down.