After reading a lot of stuff on the internet and after knowing that web3 is a vision of a decentralized web, what exactly is web3? How does it accomplish its vision? What does it bring to the table? Why can't we just pick up some measures on to make things decentralized instead of moving on ...
Web3 is an umbrella term for technologies like blockchain that decentralize data ownership and control on the internet. Most internet applications are controlled by centralized entities that determine how they save and use end-user data. Instead of centralized management structures, Web3 (also ...
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Web3 is a “decentralized web ecosystem” in which users retain their data. Blockchain-based, it would usher in the era of the “token economy”, say experts.