The internet is changing.
And we are moving to Web 3.0.
Wait, we're already at Web 2.0?
Web 1.0 was known as the Static Web. It was a premature version of the internet where it was text only. Users could only use it to read text.
Web 2.0 was known as the Social Web. It was a lot more interactive. Users could comment on posts, share things, and even chat with each other.
Web 3.0 is known as the Decentralized Web.
There is no need for a central entity that owns all the information that can be hacked into (like Equifax). Transactions will be done "peer-to-peer" with no fee-collecting middleman.
Every user is in control of their own data. They can decide who they want to share information with on the internet.
With an increase of available technology and data (Internet of Things), AI will play a critical role in organizing information for people.
Instead of using one big centralized server (like Google), there will be many different decentralized servers all over the world.
Each one will be run by its own community of users.
When you want to search for something, your search will go to all of these servers. They will each process your search and only show the best results back to you.
Now you might think that's a lot of information. But that's where AI comes in to better organize it all.
The best part? You control who you share your personal data with.
BitClout: decentralized social network
Sia: decentralized storage
Brave: decentralized advertising
Shiftnrg: decentralized cloud-hosting
MakerDAO: decentralized credit service
Aragon: DAO tooling
Chainlink: smart contracts for decentralized products
dApps are like regular apps but they are decentralized. They are open-sourced and run on a peer-to-peer network like the blockchain. They are being created to support the Decentralized Web. There are many dApps already for areas like payments, logins, art, gaming, etc.
Build the future versions of modern organizations. What does a decentralized Facebook or Google look like? What will these DAOs need to operate effectively?
What are the infrastructures needed for a Web 3.0 world? There has to be an effective way for communities to make decisions. People will need a way to easily share their private data. How will information freely flow from the vast number of servers? And what about security?