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🌐🪙🖼️
What does Web3 mean
In the world of cryptocurrencies
$ETH $WCT $SOL
The term Web3 in the world of cryptocurrencies refers to the third generation of the internet, which aims to create a more decentralized and transparent internet, based on blockchain technologies and cryptocurrencies.
🌍The difference between Web1, Web2, and Web3:
Web1 (traditional internet)
📖 Read-only internet - users consume content with little interaction
Web2 (interactive internet)
✎𓂃 Read and write internet
Web3
💰🔐✋🔑🏠 Ownership and decentralized internet
Users own their data, direct interaction through smart contracts, without intermediaries
✨ Features of Web3 in cryptocurrencies:
* Decentralization: No central party controlling information or assets.
* Smart contracts: Executed automatically without human intervention once conditions are met.
* User ownership: Users own their digital assets such as NFTs and cryptocurrencies.
* Privacy: Full control over data and personal information.
* Interaction with decentralized applications (DApps)
💎🎯Examples of Web3 projects:
Ethereum: The fundamental infrastructure for many Web3 applications.
Polkadot and Solana and Near: Chains supporting Web3 applications.
MetaMask / WalletConnect: Tools to connect wallets to Web3 applications.
#wct #Write2Earn
What does Web3 mean
In the world of cryptocurrencies
$ETH $WCT $SOL
The term Web3 in the world of cryptocurrencies refers to the third generation of the internet, which aims to create a more decentralized and transparent internet, based on blockchain technologies and cryptocurrencies.
🌍The difference between Web1, Web2, and Web3:
Web1 (traditional internet)
📖 Read-only internet - users consume content with little interaction
Web2 (interactive internet)
✎𓂃 Read and write internet
Web3
💰🔐✋🔑🏠 Ownership and decentralized internet
Users own their data, direct interaction through smart contracts, without intermediaries
✨ Features of Web3 in cryptocurrencies:
* Decentralization: No central party controlling information or assets.
* Smart contracts: Executed automatically without human intervention once conditions are met.
* User ownership: Users own their digital assets such as NFTs and cryptocurrencies.
* Privacy: Full control over data and personal information.
* Interaction with decentralized applications (DApps)
💎🎯Examples of Web3 projects:
Ethereum: The fundamental infrastructure for many Web3 applications.
Polkadot and Solana and Near: Chains supporting Web3 applications.
MetaMask / WalletConnect: Tools to connect wallets to Web3 applications.
#wct #Write2Earn
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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