What the hell is Web3 anyway? – Cointelegraph Magazine

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Crypto boomers call it Web 3.0, but you’re hip enough to know Web3 is the true name of the future. CointelegraphZN does a deep dive into the world of Web3.

Kris, the Web3 founder, agrees with Hooker that “privacy is not the issue, value for data is the issue.” People accept that they will lose their data privacy, so they might as well tokenize it. People give up their data readily, why not get paid for it?

This is the ease of adoption problem: “These are hard problems about human coordination, not about software or blockchains.” Many will choose a Facebook API for ease of use. It’s the business model and UX/UI experience that is crucial. Kris, the start-up founder argues that: “Web3 needs a better UX, public-key cryptography is a different way to login, it needs to be improved. What does key recovery look like for a user?”

Scalability without sacrificing decentralization protocols remains a clear goal for Web3. But, decentralization is hard and centralized services are more user-friendly in many ways.recently this is why Binance to Binance transactions trump Ethereum payments in some places because they don’t have to be verified 12 times to be processed.

 

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ZN no it's not.

Or maybe you can explain it simply: it's the future.

Its hard to explain a marketting term tbh

It is difficult to easily define Web3, just know that it is becoming an indispensable part of life, especially Ecommerce.

We need to find a better term for this thing blockchain enthusiasts call web3 so people don't confuse it with the web haha

If you can’t explain it simply, you’ve been scammed

Web3 is like an ocean, vast yet always more to explore.

that's probably why I can't explain it 🤔, I understand it very well. 😂

I love the way you guys write. It is always compelling.

Could this be true ?

informative!

so pleased to be in a project that has been thinking about all this for a long time and shedding light on it for its investors. After reading this article, you should take a look at CIRUS.

Today Web3 feels like the early days of the Internet. One day it will all catch fire and minds will explode! 🤯 Learn more about Web3 on YouTube: Crypto DeFi Radix

Decentralized servers, user data ownership, and the concept of true value are all important aspects of the Web3 movement, and it's important for people to have a good understanding of these concepts in order to stay ahead of the curve. Great article!!

We appreciate every step you've taken us through

look carefully Holochain holo Is the future web3

What about web5?

ZN To learn more about Web3 and to explore opportunities for jobs and your career, join the largest decentralized talent marketplace and network bondexapp Bondex crypto blockchain

ZN Web3 begins with data privacy and decentralized servers.

ZN twetchapp invented web3

ZN Oh alright

ZN HBAR

ZN I believe in the success of the web3 industry and often spend usdt to buy promising projects

ZN Bear market class is the best class

ZN I can do it in one word... SCAM.

ZN Internet of decentralization

Agreed! Web3 is complex yet powerful. DeFi is driving the blockchain revolution and making it easier for everyone to access financial services. cryptotwitter DeFi Web3

Hmm, simply put, Web3 is just the current-day internet with ownership in the hands of users, not corporations! For more, check out this article by our team, which explains it in a very read-able way:

Wrong.

🤣

Yeah… it’s not that complicated. Internet/web services built on decentralized tech.

Web3

Rules without rulers web3

Interested in Web3? Check out justmoney. It is one of the best exchanges and payment processor.

web3 is for criminals who want to remain anonymous because their name is already poorly known by web2

ZN and bitDAO is accelerating the web3 take over, and making the industry more accessible to everyone through its community powered ecosystem

ZN Very interesting and informative

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