Are Web3 & Web 3.0 the same?
By Harvey Blom

Are Web3 & Web 3.0 the same?

This discussion dates back to 2014. Web3, a term coined by Ethereum co-founder Gavin Wood in 2014, aims to challenge the centralized control and influence of a few Web2 giants, such as Facebook, Amazon, and Google, by creating a decentralized version of the internet.

"Web3" and "Web 3.0" are often used interchangeably to refer to the third generation of the World Wide Web, characterized by increased decentralization, autonomy, and interoperability. However, they can also have slightly different meanings depending on the context.

"Web3" specifically refers to the movement towards a decentralized web, where data and applications are stored on a network of distributed nodes rather than on centralized servers. This decentralized architecture allows for greater security, privacy, and control for users, as well as reduced censorship and increased resistance to outages and failures.

"Web 3.0" is a more general term that encompasses the overall vision for the future of the web. In addition to decentralization, it is also characterized by the use of advanced technologies such as artificial intelligence, the semantic web, and the Internet of Things. The goal of Web 3.0 is to create a more intelligent and interconnected web, where information can be easily accessed, shared, and understood by both humans and machines.

In essence, "Web3" is a specific aspect of the broader vision for "Web 3.0".

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