Web 1: Read
Web 2: Read-Write
Web 3: Read-Write-Own
- Web 3 brings 4 big disruptions:
Web3 is decentralized: instead of large swathes of the internet controlled and owned by centralized entities, ownership gets distributed amongst its builders and users.
Web3 is permissionless: everyone has equal access to participate in Web3, and no one gets excluded.
Web3 has native payments: it uses cryptocurrency for spending and sending money online instead of relying on the outdated infrastructure of banks and payment processors.
Web3 is trustless: it operates using incentives and economic mechanisms instead of relying on trusted third-parties.
via:
https://ethereum.org/en/web3/
https://twitter.com/himgajria/status/1266415636789334016