Web3
From SI410
Web3 refers to a proposed new decentralized web architecture built upon blockchains and related technologies such as cryptocurrencies to deliver a paradigm shift in the world wide web.[1] The original concept and naming of Web3 came about in 2014 from Gavin Wood, a co-founder of Ethereum, who saw the blockchain as the key for a new, decentralized, and democratic web. [2]
Contents
History
Key Technologies
Companies and Projects
Key Point: Brave Browser, Gemini, OpenSea
Security
Ethical Considerations
Key Points: Scams(FTX, Cryto Zoo, etc.), Theft, Equal Access, Environmental Concerns (Blockchain Inefficiencies),
References
- ↑ Congressional Research Service. (2022). Web3: A Proposed Blockchain-Based, Decentralized Web (IF12075). Retrieved from https://crsreports.congress.gov/product/pdf/IF/IF12075/2
- ↑ Kharpal, A. (2022, April 19). What is 'Web3'? Here's the vision for the future of the internet from the man who coined the phrase. CNBC. Retrieved January 26, 2023, from https://www.cnbc.com/2022/04/20/what-is-web3-gavin-wood-who-invented-the-word-gives-his-vision.html
