Difference between Web3 and Metaverse
We are now entering the futuristic era of the internet with “web 3.0” and the amazing virtual world of the metaverse. These decentralized approaches are here to change the future.?
While both technologies use blockchain development as a base, here we have talked about some leading differences between the two technologies which will make them coexist.?
Approach- Web3 has its focus on bringing decentralized ownership of the data and a more secure way of transferring data from one end to the other by removing the concept of a third-party involved.?
Metaverse, on the other hand, hasn’t got much to do with the owner but the creation of a virtual world where users can connect from anywhere in the world for any purpose with the use of a 3D character or avatar.
Technology- The technology bases differ as well. The whole concept of Web3 is derived from the decentralized approach of blockchain development and uses its functionality to offer a permissionless and secure way of accessing the internet.
Meanwhile, the metaverse uses different technologies like virtual reality (VR), Augmented reality (AR), blockchain, and the use of interactive interfaces. All this combines to create a purely virtual world for users.
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Ownership- The distinct feature of web3 is that it can’t be owned by anyone and its ownership lies within the users, giving them complete control over the way they are using and accessing the web. Whereas the metaverse has the capability to be controlled by a leading entity or company that can take hold of the virtual world
Despite some differences, both technologies have a common ground as well. While both, metaverse and web3 have a base of blockchain technology, it is safe to say that metaverse only exists because of the existence of web3.
With this, both of these technologies are still in the phase of exploration and evolution where there are more progressive revelations to be made and these evolutions will decide what the future holds in store for these technologies and their users.
For detailed background, unfold the link:https://algorepublic.com/web3-vs-metaverse/
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