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Keep the Web Free, Say No to Web3
yesterweb.org · 1,614 words · saved by 1 readers
A look at what is wrong with Web3.
Web3 has been called many things: an idea, a movement, a new iteration of the internet. It’s the ‘future’ of the internet, proposed by cryptocurrency enthusiasts , based on public blockchain. This is a no-hype, down-to-earth breakdown of everything we have learned about Web3. What is Web3? Originally coined by Gavin Wood , co-founder of Ethereum, Web3 refers to a decentralized online ecosystem on the blockchain. It has become a buzzword, used within the crypto/NFT/DeFi (decentralized finance) community. What is a blockchain? A blockchain is a database that is distributed across the nodes of a
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