Cryptocurrency Q&A
What is Web2 in crypto?
What is Web2 in crypto?
Valeria
Sat Sep 21 2024
|
7 answers
1166
So, I'm curious to know, what exactly do people mean when they talk about Web2 in the context of cryptocurrency? Is it a new type of blockchain technology? Or is it simply referring to how the internet has evolved and is now being utilized in the crypto space? Can you elaborate on the key features and implications of Web2 in crypto, and how it differs from other iterations like Web1 and Web3?
7 answers
SolitudeEcho
Mon Sep 23 2024
Web3 encompasses decentralized applications (DApps) that are built on blockchain technology, enabling users to interact with digital services in a more private and autonomous manner.
Was this helpful?
104
84
benjamin_doe_philosopher
Mon Sep 23 2024
Web2, the prevalent iteration of the internet today, is characterized by a landscape dominated by corporations. These entities offer services that users engage with, often at the cost of sharing their personal data.
Was this helpful?
229
68
SamsungShiningStar
Mon Sep 23 2024
The exchange of personal data for services has become the norm in Web2, raising concerns over privacy and data ownership among internet users.
Was this helpful?
106
28
Daniele
Mon Sep 23 2024
In contrast to this model, Web3 offers an alternative vision for the future of the internet, centered around decentralization and user empowerment.
Was this helpful?
53
87
Federico
Sun Sep 22 2024
By leveraging the blockchain's inherent properties of transparency, immutability, and decentralization, Web3 applications aim to protect user privacy and ensure that users retain ownership of their data.
Was this helpful?
197
70
Load 5 more related questions
