this post was submitted on 01 Jun 2024
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submitted 2 months ago* (last edited 2 months ago) by [email protected] to c/[email protected]
 

For context, I heard the term "Web 3.0" be used for the first time for everything being put on the blockchain. Then, it reminded me of a post on Mastodon saying that the fediverse is Web 3.0. After that I looked it up on the internet, and the definition included A.I. with crypto.

So I'm wondering, what is actually Web 3.0? What does it mean to you? Or maybe is Web 3.0 just another attempt at making investors pay up?

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[–] [email protected] 2 points 2 months ago

Web 1.0 is roughly the early internet up to the start of Facebook. Web 2.0, which we are in now, is the consolidation of the internet into a series of “walled gardens”, where most people engage with the internet though one or more platforms (FB, Twitter, etc), the rub being that these platforms are moderated (and privatized). Web 3.0 is not a thing (yet?), but it’s the idea that decentralization through blockchain technology will create a new “phase” of the internet