Understanding Web3 Technology
The web3 protocol is an updated version of the web that uses Blockchain technology and decentralized users' data to keep track transaction history. It is efficient and secure, and can be used by businesses and individuals to make transactions. Web3 Video What is Web 0 in cryptography? Web 3.0 is a term that describes the next stage in the evolution of the internet. It refers specifically to the next generation of web platforms and applications, which will use blockchain technology as well as decentralized user data. What is 'Web3'? Web3 is a protocol and a decentralized application platform that allows users to run smart contracts and customize node implementations. It was co-founded by Vitalik Buterin, Ethereum's founder. What is Web3? The Confusing Term, Explained Internet blockchain decentralized users' data is a term used to describe how blockchain technology works. Blockchain technology is a distributed database used to verify transactions and store them. This ...