Web2 VS Web3 #shorts

Web2, also known as the "read-only" web, is the current version of the internet that we use on a daily basis. It is characterized by websites and applications that are designed to be viewed by humans, with little interaction between users and the technology.

Web3, on the other hand, is the "read-write" web, which is built on top of blockchain technology. It is designed to be a decentralized and trustless version of the internet, where users can interact with each other and with technology without relying on intermediaries.

Web3 enables the creation of decentralized applications (dApps) and smart contracts that can run on top of a blockchain network. These dApps can offer a range of functions, such as secure communication, decentralized storage, and peer-to-peer transactions, without the need for a centralized authority.

One of the key benefits of Web3 is its potential to enable greater privacy and security for users. With the use of encryption and decentralized networks, Web3 applications can help protect user data and reduce the risk of data breaches.

Overall, Web3 represents a significant shift in the way we use and interact with technology, and it has the potential to fundamentally change the way we conduct business, exchange value, and communicate online.

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#web3 #bitcoin #crypto #btc #2023 ... https://www.youtube.com/watch?v=2L39adpfj0A