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What is web3 in simple terms?
I am a novice here. So, I'd like to know more about this topic :)
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1It's a concept of decentralization based on blockchain. No single side controlling information, no risks for you private data to be stolen, completely different way to earn money.
Web 1,2,3 are just historical periods in www development. Web 3 it's new step, connected with decentralization
Web 1 - static websites, text or simple graphics, and the vast majority are consumers. Web 2 - dinamic, interactive content. Each user can become a creator (Instagram, Reddit, etc.) Monetization is about ads. And content creators can't controle their content. Web 3 - each content creator has their own rights to his content. Decentralization and extensibility. Access to state (hello blockchain). And of course tokenomics (economi based on cryptocurrency)
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