The Decentralized Future of the Internet - Web 3 and its Different Layers
The fundamental development of the Decentralized future of the internet, Web 3, has already crossed the initial phases. Let’s find out more in detail about the key features and the future of Web 3.
The Latest Phase of the Internet
You may wonder what the need is for web 3 when web 2.0 is still working fine. If you take a researchful look into the working of the current phase of the internet, you may find out many things missing from web 2.0 or that can improve the user experience.
Web 2.0 doesn’t let users exercise any control over their data’s storage. Data breaches have become common, and users are now more aware that web 2.0-based companies are storing their personal information and utilizing it without consent to generate data leads.
The core principles of Web 2.0-based companies are therefore more focused on exploiting the user data as the ongoing phase of the internet favors centralization. As a result, the idea of Web 3.0 came into highlight with a decentralized face and many other features that define a potentially bright future of Web 3.
What is Web 3?
Web 3 is the newest phase of the internet that is built to make the internet more interactive and transform the web into a Database.
The new Web 3 internet is powered by blockchain technology and will use decentralized networks for functioning. No organization will be in charge of regulating the functioning of web 3, and users will follow a common set of hard-coded rules called consensus protocols to make it a trustworthy platform.
Popular among the audiences as the future of the internet, Web 3, is supposed to offer a great user experience by turning the internet smarter and using near-human intelligence for data processing. In other words, Web 3 is a network that is open and permissionless.
Different Layers of Web 3
There are different layers of Web 3 that are as follows -
- Edge Computing
In contrast to web 2.0, which commoditized the technology of personal computers in data centers, Web 3 is all set to use edge computing. By 2025, phones, appliances, computers, and sensors are expected to create and consume 160 times more data than in 2010.
The decentralization of data in Web 3 means that users can control their data. Being a decentralized data network, web 3 will allow data creators to exchange or sell information without compromising ownership. The outcome of it will be that decentralized data networks will have a long list of data providers in the emerging data economy.
These two impressive technologies will offer users a more interactive version of the internet, make data processing faster, and make the internet smarter overall.
The future of Web 3 is expected to improve the internet user experience of the users. With the power to transform the internet into a decentralized database, Web 3 is a more interactive version of the internet.
Zionverse, an Indian Web 3 startup, has successfully harnessed the potential of the new technology by building an impressive web-3-based gaming ecosystem and a metaverse where users can create games and play them while interacting with other users in a close digital sphere.
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