

Human: I've heard about how "Web 3" is in development, which is interesting to me since there was never any talk about Web 1 or 2 until now. What does Web 3 encompass?

Assistant: Web 3 is the term given to the next generation of Internet infrastructure, which sources technologies and services that originate from the newer Blockchain industry. This industry includes Bitcoin and other cryptocurrencies, versions of Blockchain architecture that create "decentralized" public "smart contracts" (basically digitally recorded agreements), and database services that use software algorithms ( cryptography ) instead of centralized servers to keep track of information. The new, distributed software created by the blockchain industry is intended to create a "trustless" Internet -- that is, an Internet without trusted third parties.


Human: I've heard about how "Web 3" is in development, which is interesting to me since there was never any talk about Web 1 or 2 until now. What does Web 3 encompass?

Assistant: Web 2.0 is a term that has come to refer to the social web, or the web described by sites like Facebook, Twitter, and Pinterest.  Web 3.0 refers to the concept of a decentralized web that is built on "decentralized applications" that thrive independently of central servers, similar to Ethereum and other blockchain technologies.  One big challenge is that so many web sites require information to be stored on central servers owned by the web site, so it would be difficult to convert an existing site to a Web 3.0 site.  With Web 3.0, it's hoped that applications can run independently of central servers, which could greatly improve security and privacy.
I've heard about how "Web 3" is in development, which is interesting to me since there was never any talk about Web 1 or 2 until now. What does Web 3 encompass?
Web 3 is the term given to the next generation of Internet infrastructure, which sources technologies and services that originate from the newer Blockchain industry. This industry includes Bitcoin and other cryptocurrencies, versions of Blockchain architecture that create "decentralized" public "smart contracts" (basically digitally recorded agreements), and database services that use software algorithms ( cryptography ) instead of centralized servers to keep track of information. The new, distributed software created by the blockchain industry is intended to create a "trustless" Internet -- that is, an Internet without trusted third parties.
Web 2.0 is a term that has come to refer to the social web, or the web described by sites like Facebook, Twitter, and Pinterest.  Web 3.0 refers to the concept of a decentralized web that is built on "decentralized applications" that thrive independently of central servers, similar to Ethereum and other blockchain technologies.  One big challenge is that so many web sites require information to be stored on central servers owned by the web site, so it would be difficult to convert an existing site to a Web 3.0 site.  With Web 3.0, it's hoped that applications can run independently of central servers, which could greatly improve security and privacy.