What is the next generation of the internet: Web3 or Metaverse?

The essence of Web3 is a revolution in digital ownership. In the current Web2 model, user data is monopolized by tech giants, platforms can arbitrarily change rules, ban accounts, and reap excessive profits. Web3 utilizes blockchain technology to allow users to truly own their digital identities, social graphs, and creative content. Although the Bitcoin network has a single function, it demonstrates the feasibility of decentralized governance. Smart contract platforms like Ethereum further expand this paradigm, making complex decentralized applications possible.

The Metaverse represents an evolution in interaction methods. From text to images, and then to videos, the forms of interaction on the internet are constantly enriching. The Metaverse pushes this evolution into three-dimensional space, allowing users to "enter" the internet rather than just "browse" it. It is worth noting that the Metaverse does not have to be built on blockchain, but blockchain can bring about a qualitative leap for it. In a blockchain-based Metaverse, virtual land, digital goods, and social identities can be truly owned by users, just like Bitcoin, and cannot be arbitrarily stripped away by platforms.

The relationship between Web3 and the Metaverse can be likened to "bone and flesh": Web3 constructs the trust framework for the next generation of the internet, while the Metaverse provides rich interactive experiences. The decentralized value network demonstrated by Bitcoin is the foundational support for this framework, and smart contracts enable it to accommodate more complex applications. A Metaverse without Web3 may repeat the mistakes of Web2 and become a new monopolistic platform; whereas Web3 without the Metaverse may remain confined to a small circle of tech enthusiasts.

The next generation of the internet is neither purely Web3 nor purely the Metaverse, but a deep integration of both based on blockchain. Just as Bitcoin is both a payment system and a new form of social organization, the future internet will simultaneously reconstruct our digital lifestyles and modes of social collaboration. This transformation has just begun, and its ultimate form will be shaped collectively by the choices of each participant. #Web3 #BTC再创新高