Introduction to Web3 and DePIN
What is Web3?Permalink
Web3 has been a popular word for a long time now. Before we dive into Web3, lets first review the history of Web.
History of WebPermalink
- Web1: The Read-Only Web (Past)
- Imagine the early days of the internet. Websites were mostly static pages.
- You could read information, but interaction was limited.
- Web2: The Read-Write Web (Current)
- This is the internet we know and use today. Social media, blogs, e-commerce – we can create content, interact with each other, and build communities.
- This era is dominated by large platforms like Google, Facebook, and Amazon. While incredibly useful, these platforms control our data and online experiences.
- Web3: The Read-Write-Own Web (Future)
- Web3 aims to give users more control and ownership of their data and digital assets.
- It’s about building a more decentralized and equitable internet.
Features of Web3Permalink
- Blockchain
- This is the foundational technology. Think of it as a digital ledger that is distributed across many computers.
- It’s transparent, secure, and tamper-proof, making it ideal for recording transactions and ownership.
- Decentralization
- Instead of relying on central authorities (like big tech companies), Web3 applications (often called dApps) are built on decentralized networks.
- This means no single entity controls the network, making it more resistant to censorship and single points of failure.
- Cryptocurrencies & Tokens
- Cryptocurrencies like Bitcoin and Ethereum are native to Web3.
- They are used for transactions, governance, and incentivizing participation in these decentralized networks.
- Tokens can also represent ownership of digital assets, like art, music, or even virtual land (NFTs - Non-Fungible Tokens).
Note: To learn more about Web3, Ethereum is a good starting point.
Get Access to DePIN in Web3Permalink
Personally, I am more familiar with DePIN, which stands for “Decentralized physical infrastructure network”. Below is some awesome dApps I want to share with you. By sharing your alternative internet bandwidth safely, you can participate in the new era of Web3 and earn cryptocurrencies!
Note: By registering with my code or link, you can start with more points right at the beginning!
Now it is done. Start your Web3 journey!