What is Web 3.0?

The Reintroduction of The Dark Web.

Web 3.0

Introduction

By the end of this article, you will understand Web 3.0 or Web3 and how it will improve human life.

Just a few minutes ago, I dropped the call with a friend. We discussed what the big guys on Web2.0 (Read & Write.) are doing with my data.

Each time I want to use a platform, they will ask for my identity, which I am not comfortable giving out. I know you, too, feel the same. Sometimes I have to find an alternative without giving out my identity.

Again, sometimes, I have no other option but to give up my identity to get what I want(if you want it that bad, you will kill for it).

Platforms like Facebook want you to give them some of your data before you can use their platform.

Google gives you a free platform but would send you advertisements of products and services you never signed up for, just 2 hours after searching for a product on Google.

Chill, it is a free platform, and you’re the product.

My friend and I saw the opportunity of building a platform that anyone could use without giving up their identity, no-retargeted ads, and no third party.

How does it work?

Web3 is an innovative method to possibly provide decentralized and autonomous internet architecture through blockchain technology.

At its core, it is about reducing dependency on large “big tech” networks and IT service providers, such as cloud or internet providers, as they often handle the collected data in a non-transparent manner, represent a “single point of failure” and can operate a partly arbitrary product and pricing policy due to an oligopolistic market environment.

Web3, on the other hand, is based on the idea of putting the users of the internet back in control of data and infrastructure.

From decentralized data storage via blockchains such as Arweave or Filecoin, decentralized wireless networks such as the Helium network, tokenized platforms, and projects where the community makes all decisions, to entirely new ways of identity management — Web3 offers a wide range of possibilities.

When users register on our platform, they get a private key. With this private key, they will have full access to products and services on our platform anonymously.

Not only anonymously, but they also interact with the buyer, seller, or platform directly without a third party. (Decentralisation)

They can buy crypto, goods on e-commerce sites, social media, blogs, etc., without giving up their real identity.

There is no clear definition of Web 3.0, as it is still in the idea stage, and according to research, it is a few years if not decades to reality.

Quite a few crypto VCs like Marc Andreessen, influencers, media houses are defining Web 3.0 to amplify how decentralized their project is, and it is a service for Web 3.0.

Reintroducing the Dark web.

According to Wikipedia, the dark web is the World Wide Web content that exists on darknets: overlay networks that use the internet but require specific software, configurations, or authorization to access.

The dark web is used for keeping internet activities anonymous and private. Legal and illegal transactions can be carried out there.

This might look similar to what Web 3.0 is all about.

No, it is not.

Here is what differentiates the dark web from Web 3.0

To access the dark web, you need sophisticated applications, configurations, and software to access the dark web.

On Web 3.0, you don’t need sophisticated applications, configurations, and software to access the dark web.

Everyone is welcome, and everyone is why it is being built in the first place.

….

Did this article misguide you? Let me know where in the comment section.

Did you get value? Share with your friends and family.

Talk to you soon.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Quincy Ememandu

Content Writer and Strategist. I Write Web3, NFT and DeFi Related Content For Agencies And Crypto Projects. Reach out to me via qememandu@gmail.com