Did WEB 2.0 die?
Is the internet dead? Not exactly, but the old internet 2.0 model is certainly in need of an upgrade. With the emergence of web 3.0, we are seeing a transformation of how the internet operates, making it more decentralized, secure, and user-friendly.
What is wrong with the old internet 2.0?
For one, it relies heavily on centralized platforms like Instagram, TikTok, and YouTube that control monetization and only allow producers to earn a percentage of the profits. Additionally, user bases on social media platforms like Facebook and Twitter are limited to those within the platform itself, making it difficult to reach everyone who needs to be reached.
This is where web 3.0 comes in.
By utilizing decentralization and blockchain technology, web 3.0 is changing the way users interact with the internet. Instead of relying on centralized platforms, web 3.0 enables users to have more control over their data and assets.
For example, in games like World of Warcraft and Fortnite, user assets are often stuck within the game itself. But with web 3.0, users can take their weapons and character traits with them from universe to universe, making for a more immersive and connected gaming experience. XBOX and Playstation are all working on products as I type this.
What is WEB 3.0?
W3.0 is like getting handed a cleaner set of keys, making transactions and interactions more secure and user-friendly. This is a significant improvement from the old internet 2.0 model, which relied heavily on passwords and centralized authentication methods.
In conclusion, web 3.0 is transforming the old internet 2.0 model, allowing you to create anything you could imagine or need. Without the need for 3rd and 4th parties. While the old internet is not necessarily dead, it definetly could use an upgrade. Web3.0 switches everything into the users hands. Focusing on decentralization, blockchain technology, and user control, web 3.0 represents a significant shift in how we interact with the internet and each other. THECOMISSION strives to be one of the leading sources for information on technolgy and building the future using multiple chains. Contact us for more information on building your network.