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What is Web 3.0 and how will it replace the Internet?
In today's world
where everything is interconnected, it is difficult to imagine why experts are
talking about the need for a complete change in the Internet.
But it is the
connectivity of everything that has compelled many technicians to consider what
they call the "new phase" of the Internet.
What we use is still
the "second generation of the Internet" and needs to be changed for
the better. According to technicians, we need more 'semantic web' which is more
efficient and gives us more control over our data. With the advent of Web 3.0,
they are predicting it. Many in the industry consider this to be the coming
'Great Internet Revolution.
Web 3.0 will enable
machines to self-interpret big data. This will enable us, among other things,
to interact more deeply with other users from any platform.
In this 'new
chapter' of the Internet, we no longer need complex operating systems or
large hard drives to store information, because everything will be in the cloud
and everything will be very fast and changeable. In general terms, it can be
said that the machines on Web 3.0 will 'collaborate' with humans more
effectively.
But its main
advantage is the decentralization of the Internet, that is, the creation of an
Internet that is more equitable and decentralized, and undermines large
Internet companies, as advocates of this concept insist. Silicon Valley is
already in its infancy and has been under construction for many years. The term
was coined in 2014 by Gavin Wood, co-founder of Ethereum Cryptocurrency.
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Just as Tim
Berners-Lee is considered the "father of the Internet", Wood is
often referred to as the "father of Ethereum" because of his
co-founders and broadcasters. Ethereum is the second most used blockchain
protocol in the world. And this technology is the basis of Web 3.0.
Wood,
the creator of the open-source project Polka dot, began his work with the idea
that it was necessary to "reshape the Internet" and create a new
structure with a specific protocol that would decentralize the Internet. Wood
is a British software engineer. To this end, he founded the Web 3.0 Foundation
to fund these research and development teams, laying the foundations for Web
3.0 and building some parity technologies for Berlin-based blockchain
infrastructure company, Decentralized Web.
But what does decentralizing the Internet mean?
"The Internet
was originally a common and decentralized protocol," says Arsala
O'Keevington, director of communications at Parity Technologies. It started to
get more decentralized in the '90s with these big technologies. "With Web
3.0, we want to get the Internet back on track," he said. What the
Internet did was that no one had enough control over the communication tools
that we have today. An important part of the structure of Web 3.0 is blockchain
technology, which allows the creation of 'blocks' and data chains, which we
know primarily from cryptocurrencies.
If Web 1.0 was based
on hyperlinks and Web 2.0 does so on social networks, Web 3.0 will be based on
blockchain technology.
We have to think
with an open mind because blockchain is more than just a corrupt currency, she
said. Web 3.0 is more interesting than the price of a token. In truth, the
elements that make Web 3.0 conceivable have matured over the previous few years
and have become a reality in certain ways. But its technology has not yet been
integrated or used by the common people.
A Faster, Safer, and
more open Web
According to the
reports, Colin Evran has been developing Web 3.0 for five years. He explains
that the file runs under Coin and IPFS systems. Both protocols have been
developed by a company called Protocol Labs, a blockchain technology company
based in San Francisco, California, which also aims to "decentralize the
web." Most of my job is to speed up the transition from Web 2.0 to Web
3.0. "We wanted to make the internet faster, safer, stronger, and more
attack-resistant."
To understand how
Web 3.0 will work and how fast and flexible it will be, we must first
understand how the Internet was created and how it has changed over the years.
According to Colin Evran,
if we go back to the beginning of the Internet, we can see that the Internet
existed before the web in the 1960s and 1970s, it used to be a network and a
combination of cables.
It was a
government-funded information-transfer initiative known as ARPANET.
Evran says Web 1.0
was launched in the early 1990s. Websites like Yahoo were static web pages
that relied on hyperlinks. Web 2.0 came in the 2000s. The significant
innovation, according to Evran, is that it allows us to read and write
interactively, allowing mobile and online apps to "speak to each other and
connect with each other."
The development of
Web 3.0 boosts consumer confidence as civil liberties will be integrated into
its infrastructure. He also criticizes the 'centralization' of Web 2.0.
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Then what changes
with Web 3.0?
The whole structure
of the internet will be transformed.
Experts say Web 3.0
would "enable consumers to access hundreds of data centers across the
world and offer them the flexibility to choose who and how their data is
kept," according to experts.
Amazon, Google, and
Microsoft are currently leading the market for cloud data storage.
Amazon, together
with its subsidiary Amazon Web Services (AWS), controls 41.5% of this market.
It is followed by Microsoft at 29.4% and Google at 3%.
According to the
report, these three companies own half of the 600 largest data centers
globally.
Evran, on the other
hand, explains that Web 3.0 will have a "clear mechanism" for
eliminating issues such as data authentication and fake news.
As far as the more
technical part is concerned, when it comes to the protocol, they say,
"When you open Google or any other browser and go to a website, you utilize
the HTTP protocol," you say, "and you instruct it to look for a file
at a specified location." It's like you have to go through the New York
Public Library to find a book. You won't be able to access more content if the
library closes or the government puts security guards. It's a centrally
controlled structure. In the world of Web 3.0, every copy of the book will be
compressed into a secret algorithm that cannot be manipulated. And we'll be
able to share it once we're connected to the network.
This is peer-to-peer
(P2P) technology that allows multiple users to exchange peer-to-peer resources
directly between users, which is not possible with existing Web 2.0 or HTTP
protocols, according to Evran.
Technicians explain
that Web 3.0's blockchain technology is very secure and that no one has been
able to hack for more than 10 years now. The issue of security is very
important in the age we are living in because our lives and our data are
rapidly changing on the Internet."
A Slow Process
These changes are
expected to give Internet users more power over the information they access and
the data they share, and ultimately create a freer and more equitable Internet.
But the promise that
Web 3.0 will be able to break the dominance of big technology companies like
Google or Facebook raises doubts.
There are voices,
like Elon Musk, who a few days ago posted a sarcastic comment on Twitter, "Has
anyone seen Web 3.0? I can't find it."
Or Jack Dorsey,
co-founder of Twitter, said that Web 3.0 is "a central entity, but
with a different label."
But Colin Evran is
still excited.
The transition to
Web 1.0 and Web 2.0 was a huge change that took many years. The transition from
Web 2.0 to Web 3.0 is inevitable, but it will happen overnight, not overnight.
The large number of
developers engaged is a clear sign that Web 3.0 is the future of the Internet.
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