Web3 or Web 3.0? I am confused.
Web3 and Web 3.0 are related but distinct concepts. While both refer to the evolution of the World Wide Web, they have different characteristics and implications for the future of the web. Below is a list of some of the key differences between Web3 and Web 3.0:
- Web3 refers to the integration of blockchain technology and decentralized systems, while Web 3.0 refers to the next generation of the web, which is expected to be more intelligent and interactive.
- Web3 is often associated with the decentralized web or the distributed web, while Web 3.0 is often associated with technologies such as artificial intelligence and the Internet of Things.
- Web3 technologies include decentralized networks such as IPFS and decentralized applications (dApps) built on blockchain platforms, while Web 3.0 technologies include AI, IoT, and virtual and augmented reality.
- The goal of Web3 is to create a web that is more open, transparent, and secure, while the goal of Web 3.0 is to create a web that is more intuitive and responsive to user needs.
- Web3 has the potential to enable new forms of decentralized governance and economic systems, while Web 3.0 has the potential to enable new forms of human-computer interaction and applications.
Overall, while Web3 and Web 3.0 are related and may intersect in some ways, they are distinct concepts with different characteristics and implications for the future of the web.