>_ Web 3.0 - The Future of Decentralized and Secure Internet

Web 3.0, also referred to as the Semantic Web or the Decentralized Web, is the latest generation of the World Wide Web. It is receiving increasing attention as it aims to create an intelligent, interconnected, and decentralized web that is less reliant on centralized services and more focused on user control and privacy. Though still in its infancy, the concept of Web 3.0 has the potential to revolutionize the way we interact with technology. To fully comprehend Web 3.0, it is necessary to look back at the evolution of the web.

History of Web

To develop an understanding of Web 3.0, it's crucial to look at the evolution of the web. The first generation of the web, Web 1.0, was a cluster of static HTML pages that were read-only. It was primarily used for information retrieval, and users had limited control over the content. In Web 2.0, which emerged in the early 2000s, the focus shifted to user-generated content and social networking. Web 2.0 introduced dynamic web pages, web applications, and interactive content. It allowed users to create, share, and collaborate on content, and it formed the basis for today's social media and online collaboration tools.

The history of the internet has seen a significant evolution from the early days of plain text web pages to the modern, dynamic, and interactive websites of today.

Web 1.0, which emerged during the nascent stage of the internet, is an important milestone in this evolution.

Characterized by its focus on information retrieval and the lack of interactivity or visual elements, it laid the foundation for the future evolution of the internet.

Features of Web 1.0?

Web 1.0 emerged during the early days of the internet when websites primarily consisted of plain text and lacked interface customization or design elements.
The focus of Web 1.0 was on providing information to a large audience with little interactivity or visual elements.
It was often referred to as the "read-only web" due to its static nature.
Despite its limitations, Web 1.0 was an important milestone in the development of the internet, as it represented the initial attempt to create a global network that could facilitate the sharing of information and communication on a massive scale.
Web 1.0 paved the way for the dynamic and interactive nature of Web 2.0 and beyond, which brought about a new era of user-generated content and social interaction on the internet.

Web 2.0

The evolution of the World Wide Web has led to the emergence of different versions of the internet. With Web 2.0, being the second stage of this evolution is characterized by its focus on user-generated content, interactivity, and social media.

Features of Web 2.0

Web 2.0 is an internet form that emphasizes User-Generated Content (UGC), ease of use, interactivity, and improved compatibility with other systems and devices.

Unlike Web 1.0, which focused on reading, Web 2.0 lays emphasis on participating and contributing to the web's content and creating communities, collaborations, dialogue, and social media.
The end user's experience is the primary focus of Web 2.0, which is responsible for the creation of new technologies and features that allow for greater interactivity, responsiveness, and personalization of the web experience.
Web 2.0 is known as “the participative social Web,” as it enables many people to create even more content for a growing audience and facilitates communication and collaboration between users.
To enhance its capabilities, Web 2.0 incorporates web browser technologies such as JavaScript frameworks, which allow for the creation of more interactive and engaging web applications.
Overall, Web 2.0 is considered a better, more enhanced version of its predecessor, Web 1.0, and has transformed the web into a dynamic and interactive space that is focused on user engagement and collaboration.

Nonetheless, Web 2.0 is not immune to its drawbacks as it has resulted in a concentration of power in the online realm, with only a handful of organizations, such as Facebook, Google, and Amazon, exerting their dominance. These companies have control over the data generated by users, which they use to provide personalized services and targeted advertising. This has raised concerns about user privacy, data security, and the power that these companies wield over the web.

Web 3.0 aims to address these issues by creating a more decentralized and user-centric web. The objective is to develop a web where users have control over their data and where applications and services are interconnected and can communicate with each other seamlessly. Web 3.0 achieves this through the use of decentralized networks, artificial intelligence, and blockchain technology.

The Working

Web 3.0 is poised to revolutionize the future of the internet by enhancing the speed, simplicity, and efficiency of information retrieval. In contrast to web 2.0, where users are required to interact with the front end that communicates with the back end and database, Web 3.0 operates differently.

Unlike web 2.0, where centralized servers host all the code that is transmitted to users through web browsers, Web 3.0 does not rely on centralized databases or web servers for backend functions. Instead, decentralized computer systems governed by anonymous web nodes utilize the internet of blockchains to construct apps.

To regulate the logic of their programs, developers construct smart contracts that are placed on the decentralized state machine. This way, the governance of Web 3.0 is ensured by the use of smart contracts that are created and administered by anonymous web nodes.

The Architecture

Web 3.0 architecture is designed to provide a more decentralized and user-centric web experience. It is based on the principles of peer-to-peer networking, open protocols, and decentralized storage. The web 3.0 architecture consists of four primary components, which are:

Ethereum Network

A network of nodes that maintain state machines accessibility on a global level. The global state machine is not owned by any single organization but is instead collectively owned by the network. Users may write on the Ethereum Blockchain, but they cannot modify previously recorded information.

Ethereum Virtual Machine

The EVM is essentially a virtual runtime environment for executing smart contracts on the Ethereum Blockchain. It provides a secure and isolated environment for executing smart contract code

Smart Contracts

Smart Contracts, which use the Ethereum Blockchain to function, are an integral part of the web 3.0 architecture. Developers use high-level languages like Solidity or Vyper to create logic that underlies state changes in their applications.

Front End

In the Front End of web 3.0 architecture, the user interface (UI) is created using software development tools and techniques like any other application. Moreover, an Application Programming Interface (API) is provided to the developers for smart contracts that specify the details of the logic underlying their applications.

Examples of Web.03

Apple's Siri

Apple's Siri an excellent representation of voice recognition technology as a crucial element of web 3.0. Siri, along with other digital assistants, utilizes new technology to exchange information, provide more accurate search results, and answer almost every relevant query.

Alpha Wolfram

Alpha Wolfram is an artificial intelligence platform that presently functions on web 3.0. The platform's capability to compute complex solutions may aid mathematicians, dietitians, and scientists. It connects easily with other apps, allowing users to access information from their databases and improving comprehension.

Steemit

Steemit is a prime example of a web 3.0 metaverse social network that uses the Steem Blockchain social media infrastructure to power its decentralized reward system. Bitcoin is used to reward bloggers and content providers on the web.

IDEX

IDEX is a well-known decentralized exchange for trading ERC-20 tokens on web 3.0. To trade on IDEX, users need an Ethereum wallet on their computer or mobile device, and MetaMask is required for the best experience.

e-Chat

e-Chat is a web 3.0 software that employs a decentralized blockchain and is known as the fastest-growing social network due to its encrypted chat capabilities. It allows users to share information without fear of theft, which benefits them.

We are moving towards a future web where users have complete authority over their data and privacy, but at the same time, corporations are allowed to access and use it with their consent.

This will be made possible through the use of blockchain technology, which offers a transparent and secure way of storing and sharing data. Web 3.0 is expected to revolutionize the way user data is utilized by enabling personalized search results, cross-platform development tools, and 3D visualizations that accurately reflect the user's preferences and needs. The user will have complete control over their data, deciding what information to share and with whom, which will result in more targeted and relevant content delivery. With Web 3.0, user data will be treated with utmost importance and care, ensuring that users have a safe and trustworthy online experience.