Web3
Web3 refers to a vision for a decentralized internet built on blockchain technology, enabling peer-to-peer interactions without central authorities. It encompasses decentralized applications (dApps), cryptocurrencies, smart contracts, and token-based economies, aiming to give users control over their data and digital assets. This paradigm shift contrasts with the centralized models of Web 2.0, where platforms like social media and e-commerce sites act as intermediaries.
Developers should learn Web3 to build applications in emerging fields like decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs), where trustless and transparent systems are essential. It's particularly valuable for creating solutions that require censorship resistance, data ownership, or automated agreements without third parties, such as in supply chain tracking or digital identity management.
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