Hello everyone, I am a newcomer to this industry. I have just learned about blockchain knowledge for a week, and now I want to share some small insights that I understand.
Last time I mentioned that 'blockchain technology has created the third generation of the internet.' So what is the third generation of the internet?
First, let's understand the first and second generations of the internet.
The first generation of the internet (Web1) is a static network. What is a static network? It means that when we go online, we can only read content and browse web pages, without any interaction between people. For example: Yahoo 1998
The second generation of the internet (Web2) is an interactive network. What is an interactive network? It means we can interact with others and upload content, but we need to go through intermediaries, and the data is controlled by the platform. For example: Facebook, Youtube
The third generation of the internet (Web3) is a decentralized network. What is a decentralized network? It means we control our own accounts, data, and assets. For example: DeFi, DAO
