๐About web3
Last updated
Last updated
With the development of the Internet for decades, in the current Web2.0 era, internet companies have the highest control over user data, and the profits generated by user data and creations on their platforms are fully owned by the companies rather than individuals. However, with the trend of the times, the internet is about to enter the era of Web3.0. Nowadays, people have a clearer definition of what Web3.0 is:
Web3.0 aims to create a decentralized world where users have full viewing, control, and ownership rights over their internet data, allowing them to break free from the extractive nature of Web2.0. The use of blockchain technology enables the creation, distribution, and circulation of value, while smart contract programs are used to establish and enforce rules to realize Decentralized Autonomous Organizations (DAOs). We are excited to work together with everyone in this wave of internet transformation.
For more information about Web3.0, you can refer to the official documentation of ETH.