Hello everyone, I am a newcomer in this industry. I have just learned about blockchain for a week, and now I want to share some small knowledge that I understand with you.

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 is when we can only read content and browse web pages without interaction between people. For example: Yahoo 1998.

The second generation of the internet (Web2) is an interactive network. What is an interactive network? It is when we can interact with others, upload content, but it requires intermediaries, and the data is controlled by platforms. For example: Facebook, Youtube.

The third generation of the internet (Web3) is a decentralized network. What is a decentralized network? It is when we control our own accounts, data, and assets. For example: DeFi, DAO.