By Staff writer for Web3Exchange.com
What is Web3?
Web3, also known as the decentralized web, represents the next generation of the internet. Unlike Web2, which is centralized and controlled by a few entities, Web3 is decentralized and gives control back to users. It leverages blockchain technology and cryptocurrencies to create a more transparent and equitable online world.
The Evolution from Web1 to Web3
Web1: The first iteration of the internet, was a read-only platform where users could only consume content
Web2: Allowed users to interact...