Both The terms web3 and web 3.0 refer to
concepts that are related to the revolution of
the internet.
Web3 :
Web3 describes the vision of a more
decentralized and user-centric Internet built
upon blockchain and related technologies.
The term Web3 gained prominence in
blockchain technology and its potential to
reshape the internet. As we know that web3 is
involved in blockchain technology, which is like
a digital ledger that records transactions
securely. This makes online transactions safer
and more transparent, without any
middleperson.
Web3 aims to make the internet more open
private and controlled by users rather than big
corporations.
Web3.0 :
Web3.0 was coined by John Markoff, who is a
technology journalist for The New York Times,
The web3.0 also known as the semantic web
refers to the potential future phase of the
internet where data is structured in a way that
computers can understand the process more
effectively.
The goal of Web 3.0 is to enable smarter and
more efficient interactions.
Web 3.0 reduces information overload by
presenting data that is directly relevant to
user's needs. This efficiency saves time and
enhances user satisfaction.
Key differences between web3 and web3.0:
The primary difference between Web3 and
Web3.0 lies in their focus and underlying
technologies.
Web3 emphasizes decentralization, user
control, And the use of blockchain technology
to reshape online interactions. In contrast, Web
3.0 focuses on enhancing data understanding
by machines, allowing for more intelligent
processing and meaningful connections.
- K.Phani & V.Lasya