enotar.io - Web3 o Web 3.0

enotar.io is based on the technological concept defined as Web3 or Web 3.0, mainly due to the privacy and decentralization characteristics of the management and protection of information, since the works registered in the block chain are encrypted from the user's device. through the SHA-256 algorithm, among others.

What is Web3 or Web 3.0?

Web3 focuses on ownership of content found on the Internet.

Web3 refers to a decentralized online ecosystem that is based on blockchain technology.

Web3.0 aims to be verifiable, autonomous, distributed and permissionless.

Throughout 2021 the use of the term Web3 has spread, but what is it? ¿Why is it so important? Web3, also known as "Web 3.0" represents the next generation of the Internet, which will be focused on the transfer of power from large companies to individual users.

So if there is a Web3, should there be a Web1 and a Web2? Yes, and it is necessary to understand them before focusing on this latest generation.

Web1

As is evident, Web 1 is the first version of the Internet that arrived in the late 1990s.

Particularly Web 1 refers to the Internet generation before the Dotcom fever.

This generation was comprised of static websites. At that time, only basic content could be read on the Internet, but not interacted with, therefore, users were passive consumers of content.

Web2

As servers were upgraded, average connection speeds increased, and developers learned new skills and techniques, the transition from Web 1 to Web 2 took place. In fact, the term Web2 was invented at the same time as Web1. in 1999 by Darcy DiNucci with the aim of comparing one generation with another.

The fundamental difference between these two generations of the Internet lies in how users consume content. Previously, it was passive, but with Web2, they focused on interactivity and users. Now users don't just consume content, they also create their own and post it on blogs like Tumblr, YouTube or Twitter.

This era of the Internet is also known as the era of centralization, in which a handful of large private companies, such as Google or Facebook (now Meta), acquired significant power on the Internet. Over time, this power became more and more apparent as the public realized that these companies collect their personal data and use it for their own benefit.

But, in addition, in Web2 you experience an issue associated with data portability and the ability to take your information with you. For example, if you buy an app through one platform, it may not work on others.

The move to Web3

The end of Web3 ushers in the “read/write/own” phase of the Internet. Unlike Web2, this generation focuses on ownership of content found on the Internet.

Some of the features of Web3 are:

Verifiable.

Autonomous

Distributed

Without permission.

In this way, instead of using free platforms monetarily in exchange for personal data, users can participate in the governance and operation of the protocols.

And how is this accomplished? Well, Web3 refers to a decentralized online ecosystem that is based on blockchain technology; which implies that it is in a decentralized network of many peer-to-peer nodes.

Crypto-Web3 relationship

Web3 applications are known as DApps, or decentralized applications and it is one of the key terms to understand this new generation of the Internet.

Cryptocurrencies play a key role in many of these protocols by providing a financial incentive (tokens) for anyone who wishes to participate in the network: from its creation to its governance. Consequently, ownership of the protocol is granted through tokens or cryptocurrencies. If a user has enough tokens, he will have a voice and a vote within the blockchain, that is, they have decision-making power over the network.

But, in addition, since blockchain data is generally completely public and open, buyers have full transparency about what happens. This is key when compared to, for example, buying shares of private or centralized companies where there is asymmetric information.

Importance of the Web3

The Web3 represents a new revolution of the Internet where the power is held by the people. This new generation makes possible the proliferation of cooperative governance structures.

In the end, anything can become a token: a piece of art, a Twitter message, anything. But, in addition, in the Web3 the money is different. Instead of relying on traditional financial networks, money on the Web3 is instant, global, and permissionless.