What are the future trends of Web3.0?

What is Web 3.0? In one sentence, Web 3.0 is a more user-centric, transparent, and secure Internet focused on making things more human.

Before introducing Web 3.0, we might as well review Web 1.0 and 2.0.

Web 1.0: The Beginning of It All

Heard about dial-up connections and how it took 200 years to download a 5MB file? People used the Internet mainly for basic communication. Typically, you'll only see Internet use in large corporate offices. Compared to now, the number of websites is very small. Yes, things were not so rosy back then, but it was the beginning, the beginning of a new age of civilization. We call it the Internet Web 1.0.

Web 1.0 was one-way. Big companies create content-zce for people to read, with little interaction, users can only read data, and only content-zce creators can edit and author content. So, like reading a book in a library, users don't have much rights, they're just consumers.

Later, plagiarism appeared. People started copying other content-zce and pasting it on their sites, original content-zce was so rare that even universities didn't trust the internet and even simple information required a trip to the library. Of course, there was no social media back then.

Ouyi Web3 wallet connected to the Ethereum fork chain ETF: According to the official announcement of Ouyi, the Ouyi Web3 wallet has been connected to the Ethereum fork chain ETF at 19:00 (HKT) on September 16, 2022.

It is reported that Ouyi Web3 wallet is the most comprehensive heterogeneous multi-chain wallet, including digital currency wallet, DEX, NFT market, and DApp exploration 4 major sections. Access to the Ethereum fork chain ETHW and ETF has been completed, and users can view and manage personal assets on the chain in the Ouyi Web3 wallet without manual configuration. [2022/9/16 7:01:43]

Web 2.0: The Social Revolution

When Web 2.0 emerged, end users benefited enormously. Users could write and read data, and people realized that a framework that could only handle a million users was a serious limitation. Web 2.0 can handle billions of users, it has frameworks based on Ajax and JavaScript, and blogs replace boring static web content.

Web 2.0 also introduced video streaming and online gaming, everything went online. Websites became interactive and more dynamic, and online stores began to rule the world economy.

You could say, it was a real revolution and the introduction of web applications opened up new horizons.

Nansen now supports users to log in with Web3 wallets: Golden Finance News, Nansen, a multi-chain data analysis platform, tweeted that the platform currently supports users to log in with Web3 wallets, and currently supports Ethereum wallet addresses, and new users can use Ethereum The wallet is registered. [2022/4/14 14:23:15]

Although the Internet in Web 2.0 links everyone together, the speed of information circulation and the amount of information increase exponentially, and everyone can obtain information and enjoy various services brought by the Internet. It seems fair, but in fact the Internet Management is very complex.

Platforms and operators have the right to manage and monitor what happens on their respective sites. For example, Twitter can arbitrarily block the account of the former US president. For example, Ctrip can use big data to obtain commercial benefits based on user behavior.

Since the development of Web 2.0, user data has become the most important asset of every company, but the owner of this asset—the user himself has no choice. Web3.0 will lead the future trend of the Internet, and it will develop with the needs and usage of users, and ultimately all rights and interests will be attributed to users.

Web 3.0: The Internet of the Future

Web 3.0 incubator MetaGoons completes $2 million seed round financing: On January 21, according to official news, Web 3.0 incubator MetaGoons completed a $2 million seed round of financing, with participation from Flying Falcon, Arrington Capital, Hof Capital, and LD Capital. [2022/1/21 9:03:24]

1. Internet of Everything

Look around, we now have smart refrigerators, smart TVs, smart scales, and home assistants like Xiao Ai. All of these things can be connected to the Internet, and they form a network of devices called the Internet of Things (IoT).

The Internet of Things is one of the biggest features of Web 3.0, which aims to connect everything to the Internet. Currently, not all devices can be connected, we don't have that infrastructure right now, but with the development of 5G, this will be possible in the not-too-distant future.

Braintrust, the Web3 talent network, raised $100 million through private token placement, led by Coatue: On December 9, Braintrust, the Web3 talent network, raised $100 million through private token placement, led by Coatue, Tiger Global, True Ventures, Blockchain Ventures, and HashKey Wait to vote.

It is reported that Braintrust aims to connect companies with technicians in the Web3 field, and the company claims to have more than 700,000 community members. Braintrust will use the funds to expand its network and fund community projects through grants, according to Thursday's announcement. The company says its more than 700,000 members are eligible to apply for grants for projects aimed at improving the network. (The Block)[2021/12/9 7:28:57]

2. User-centric

Web 3.0 Blockchain DApp is more user-centric, it will eliminate middlemen, we don't have to rely on huge data servers controlled by private companies, and our personal data will be more secure and private. Since there is no centralized server, all data will be spread between devices and people can access them freely. It will create a more humane Internet world.

On-site | Yan Han, founder of Mask Network: The way to web3.0 can use existing Internet giants: Jinse Finance live report, the Web3 conference hosted by the Web3 Foundation was held in Shanghai on October 29. Yan Han, founder and CEO of Mask Network, said at the meeting that access to web3 requires users to use it without being too tired or troublesome. The Internet of the future requires data autonomy, self-identity, open finance, open transnational policies and a reasonable regulatory framework, security, privacy and convenience. Why not directly transform and force existing platforms to automatically become security-oriented, privacy-respecting, and open to the Internet? And Mask can not only use today's Internet giants, but also directly lead to web3.0. [2020/10/29]

3. Artificial intelligence

AI will mainly focus on providing better analysis and results for people. In fact, tech giants are already working on their AI projects, such as artificial intelligence will try to recommend you music that matches your taste.

Also, you'll find that when you search-zce for a specific product on Google, the ad on your Facebook page changes, everything is connected. Therefore, the marketing strategy of the future will no longer use mass marketing techniques, but will be people-oriented.

4. Semantic Web

The blockchain technology stack brings up a topic known as the Semantic Web. The Semantic Web means ways to understand web content, just like human behavior, and it's associated with machine learning and artificial intelligence, which try to teach computers to understand data and how it behaves. In semantic search, search-zce results will be more accurate and relevant. Web 2.0 relied on keywords, page authority, and domain authority to rank content, but Web 3 browsers try to understand web content-zce like a human.

5. The future of 3D graphics and content

There is no doubt that web content-zce is more graphic these days, and people prefer to see and share videos and images rather than simple text. In the near future, Augmented Reality (AR) and Virtual Reality (VR) will become popular, and different apps and games will have more realistic graphics and feel. In addition, 3D printing is not limited to laboratory use, people will use 3D printing more, it will become more available and cheaper.

Both Web 1.0 and Web 2.0 are very dependent on specific "information intermediaries", which can be application-level platforms such as Twitter and Facebook, or centralized servers such as Alibaba Cloud and AWS.

However, Web3.0 has the characteristics of no need for trust, decentralization, and anti-censorship. Users are concerned about their own data and privacy. In order to realize Web 3.0, it needs the support of various technologies, including blockchain, artificial intelligence, Internet of Things, etc. Among them, blockchain technology is particularly in line with the vision of Web 3.0, which is why blockchain is called " One of the reasons for the "Internet of Value".

Blockchain technology, including smart contracts, is the cornerstone, code is law and code is regulation. All rules are written into the agreement, once opened, it cannot be tampered with. The code is open source, open and transparent, and accepts everyone's inspection. At the same time, the distributed collaborative consensus of blockchain nodes minimizes the need for trust. No trust required, just verify the code.

And because various blockchain protocols are like Lego blocks, developers can call them at will and combine them into magical castles, that is, decentralized applications DApps, which collide with various sparks. And all this will bring us a completely different world from Web 2.0.

In addition, because in Web 2.0, data is stored in one or a designated centralized server, as long as hackers attack the target server, they can obtain a large amount of user data, such as account passwords and even credit card information of a certain platform. If you have ever signed up for a Google account, you might as well log in now to have a look, and Google will tell you which of your passwords have been leaked.

When coming to the world of Web 3.0, user data can be stored on a decentralized database, and there is no need to rent a specific server. Therefore, each data authorization requires your consent, and due to the distributed recording method, there is no data leakage problem after a single point of attack, which better protects user privacy.

And users will no longer receive the platform's "one-word"-style censorship when posting information, truly realizing freedom of speech. In this round of bull market, the market has also perceived the potential of this track, and the price of fil has also risen accordingly.

With the development of Web 2.0 to the present, I believe that everyone is often bombarded by advertisements when surfing the Internet. Although everyone has obtained free Internet services, the price is that our basic information and behavioral data are taken by the giants, who use this as a selling point and charge advertisers.

The competition for users between major Internet platforms is always endless. In the Web 2.0 era, users are the biggest assets of Internet giants. Giants can obtain benefits from users who pay content-zce and actively contribute to the platform, but do not pay users any fees. And without user consent.

Web 3.0 can return the data and the benefits brought by the data to the individual. The private key is in the hands of the user, that is, you have the right to use your data in your own hands. You can choose to protect it or it will be used. Choose to sell it for a profit.

True freedom is not doing what you want, but not doing what you don't want to do. While Web 2.0 has brought us unlimited possibilities, it has not given us the freedom of data. And Web 3.0 has greatly improved the freedom of users.

Summary

The vision of Web 3.0 seems to be very beautiful, but there are still some problems at present, such as the block chain network congestion leads to low efficiency, high network costs are passed on to ordinary users, smart contract vulnerabilities are exploited by hackers, etc...

But the large-scale application of any new technology will not happen overnight. Undoubtedly, we are now on the eve of the outbreak of Web 3.0. New technologies, new concepts and new projects emerge in an endless stream. There may be bubbles, but the large-scale implementation in the future is just around the corner.

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