Web3 vs the Traditional Web: A Look at Web3's Benefits
Web3 is the third iteration of web technology known as the decentralized web. Combination of several technologies, including blockchain and cryptocurrency, enables users to interact with decentralized applications (dapps) and smart contracts more securely and transparently. In contrast, web3 is based on a decentralized model, where users interact directly with each other and with smart contracts on a blockchain. This means that users have more control over their data and assets and can access a wider range of services without relying on centralized intermediaries. Read All