Have no idea what it is about, other than being decentralised. Some basic search results suggests that its a sham, scam and riddled with crypto ideas. Or is it apart of something noteworthy? Geuinly curious what the general consensus is of the Web3.
Basically, it’s a buzzword and anything it’s attached to is pretty much a scam
It’s a marketing term. It means nothing. It was invented to sell scams. Just like Web 2.0, nothing changes in the underlying tech stack or the technical capabilities of the infrastructure. Unlike web 2.0 which was coined post-hoc to describe a qualitative change in the way the web was being used, web 3.0 was invented as a copycat term. A gimmick to create the illusion of technological progress.
Web3 is a marketing term for Web2 sites that usually involve crypto/decentralized crypto-driven “metaverses”.
Web4 was employed by Meta/Facebook as a marketing to their “metaverse”.
Web 3.0 is a real term meaning an evolution of Internet oriented at establishing a universal framework for machines to easily process Web data, while keeping it fully human-readable.
Web 3.0 > Web3.
(ActivityPub is part of Web 3.0)
“The term “Web3” was coined in 2014 by Ethereum co-founder Gavin Wood, and the idea gained interest in 2021 from cryptocurrency enthusiasts, large technology companies, and venture capital firms.”
That tells me everything that I need to know.
Thanks for this clarification!
It’s a scam https://www.web3isgoinggreat.com/
Web is by definition decentralised. I can run a website on my home PC and it’s part of the internet. Web3 is about running Blockchain. They are two independent concepts imho. When it comes to Web3, my opinion of it is “meh”. It’s a buzzword more than anything.
Some people decided that they needed a buzzword for something that have absolutely nothing to do with the web, and they decided to use Web3.
Anything “web3” you can think of is a regular webservice, that have no technological difference with “web2” (whatever this was), and may or may not behind the scene communicate with some form of blockchain (which may or may not be a real one too).
That’s web3. And note that I didn’t even bother to go check what happens on the blockchain side, that is already so removed from the web it’s insulting people calls this web3.
it’s all the same web 2.0 bullshit, but for anything with crypto in its name
Sure, but we’re releasing 32K TVs! That’s substantially more K!!!
It was usually treated as synonymous with NFTs/cryptocurrency/the metaverse and only soulless investor types liked those things so they all went bust
