What is Web 3.0?

The Internet is becoming more integrated into our lives every day, and many terms have entered our lives. Many internet-related terms, such as Web 3.0, have become widely used. As the digital revolution continues, questions such as what is Web 3.0 and what applications are included have also become widespread. 

Web 3.0 also means semantic web and means more than what users can do on the internet today. Thanks to Web 3.0, people take control of software and maximize their experience on the internet thanks to artificial intelligence. 

To better understand what web 3.0 means, it is necessary to be familiar with some basic terms and master the history of the Internet. 

What are Web 1.0 and Web 2.0?

WWW stands for World Wide Web and was coined by Tim Burners Lee. Answering the question What is Web 1.0 and Web 2.0 is essential to understand web 3.0 better.

Web 1.0 describes the first Internet sites where only written text could be read, and users could not interact. In this period, which was connected to the internet via dial-up modems, the sites were also basic in appearance and had simple features. Then, Web 2.0, which is still used today, became widespread.

In this way, users began to engage in activities on the sites actively. It is now possible not only to read but also to give and receive information.

Social media platforms such as Facebook, Instagram, Twitter, and YouTube, which have become the cornerstone of the Internet, are among Web 2.0 tools. Users can perform any transactions they wish without sites, even using applications thanks to web 2.0.

What are the Differences between Web 2.0 and Web 3.0?

There are differences between Web 2.0 and Web 3.0, which are planned to become widespread in the future. In the Web 2.0 system, the internet today is controlled by central powers.

A user who wants to get information can access the information under the management’s control when entering the website. We can also access our information on Facebook or Twitter when the system allows. The administrations have the right to close our accounts as they wish.

Websites connected to central administrations also cause users to experience some dissatisfaction. Web 3.0 tools aim to eliminate the centralized structure to prevent this situation and control people.

This stands out among the web 3.0 advantages and means users can create their structure and disseminate information. 

Web 3 Applications 

Today’s internet network includes computers, smartphones, tablets, websites, applications, and intelligent home appliances. 

Web 3.0 applications will cover the following;

● Decentralized Applications (dApps) instead of Applications

● The dApp named Brave instead of Chrome in the internet browser status

● Metaverse Projects that can be connected with VR instead of standard websites

● IPFS and Storj instead of the storage apps Drive or Dropbox

● Core operating systems are Essentia.one and EOS instead of iOS and Android

● Akasha and Steemit, instead of the social media platforms Twitter and Facebook

● Status instead of WhatsApp, which became famous as a messaging application

Web 3.0 Tokens

Web 3.0 tokens are local, unlike the generally known and government-affiliated tokens. Users prefer Web 3.0 tokens with instant and global features rather than traditional financial networks or restricted coins.

Cryptocurrencies have been gaining in popularity lately. Millions of users from different countries worldwide save their cryptocurrency in their wallets created on other platforms over the internet.

In today’s system, user data is sold to advertising companies by the central administration. Users do not gain anything from this situation, on the contrary, their rights are indirectly violated. However, through the Web 3.0 browser, users earn tokens for every ad they view.

These tokens can be used both online and converted into local currencies. Currently, the Web 3 token BAT (Basic Attention Token) is already in use, and Brave Browser is becoming more and more popular. 

Web 3.0 Browser Brave and BAT Token

Brave Software, a Web 3.0 internet browser, was one of the founding partners of the browser known as Firefox and is used today by Brendan Eich.

The Basic Attention Token (BAT) is aimed to create a fair digital advertising model. BAT tokens can be used or exchanged for USD currencies. For example, users can donate with BAT tokens to support broadcasters on Youtube or Twitch.

Brave runs 3 to 6 times faster than other browsers and is free. If users want to see the ad content, the data becomes active, and the loading speed increases similarly. BAT is paid for viewing advertisements.

Why Web 3.0?

The most important factor among the Web 3.0 features is that personal data can be protected. The biggest problem of Web 2 is that it collects this data through private networks and sells it, especially to advertisers.

The main advantage of Web 3 is its decentralized structure. In this way, the network cannot be controlled by anyone. Applications are likewise built on top of the untraceable network, and dApps known as Decentralized Applications are not access restricted.

Unlike social media applications such as Twitter, Facebook, and Instagram used today, the accounts of users who connect via Web 3.0 programs cannot be closed. Even without the permission of a central company, users have the right to connect as they wish. 

Use of Web 3.0 Applications

Users have already started to use three dApps of Web 3.0 widely. Among the most popular tools is Defi, where users can borrow, invest, and trade crypto assets.

Gaming and guessing among Web 3 applications are pervasive. It is thought that Web 3 will be used more and more in the future. The spread of VR technology will also encourage users to use such applications.

At the same time, more and more manufacturers will start to create their dApps. This system, which is entirely human-oriented with no central management, will be pleased by millions of internet users worldwide.

Web 3.0 must be developed to perform millions of transactions at the same time quickly. Users will better understand the differences in this mechanism’s advantages, which are not tied to a single organization.