Web3 VS Web3.0: How are they different?

Web3 VS Web3.0: How are they different?

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6 September 2022

When the Internet first appeared in 1969, it was a network of networks connecting computers all over the world. Since then, it has undergone numerous technological and infrastructure changes to become what it is today. Over the years, the Internet’s original use as a tool for information sharing has gone far beyond that and has grown to play a crucial role in our daily lives. Our lives have changed significantly due to Tim Berners-creation Lee’s of the World Wide Web.

The World Wide Web, also known as the “web,” is a collection of websites created on top of the Internet. Users can access the information on these websites in the form of text pages, digital images, videos, audio, etc., from anywhere in the world. The WWW was created in 1989, and over time, it gradually changed from static pages to the more interactive version we see today.

Many people are confused about the distinction between web3 and web 3.0 as the Internet moves closer to its third version and faces numerous technological changes and contentious debates. While most discussions of the third generation of the web tend to imply that web3 and web 3.0 are interchangeable, they are fundamentally distinct. Web 3.0 emphasizes Tim Berners-idea Lee’s of a linked or semantic web, whereas web 3.0 is a decentralized, blockchain-based web version.

With expertise in web3 tools, frameworks, APIs, oracles, and programming languages like Rust & Solidity, the Web3 development company cater to diverse industries, from gaming to real estate and fintech.

The Development of the Web

 

Since its inception, the engaging and interactive web that is used by billions to read, write, share information, and interact with one another has gone through many stages of evolution. Let’s examine these phases to see how far the web has come since its inception.

Web 1.0

 

Tim Berners-Lee created Web 1.0, the first iteration of the World Wide Web, in 1989, and it operated until 2004. The websites of this era, also known as the read-only web, were only informational and contained only static content. They were mostly connected by hyperlinks and lacked interactive content or design elements. Additionally, during those times, only text emails could be created and sent, no images could even be uploaded or attached.

However, most static pages hosted on web servers run by ISPS or free web hosting companies were extremely well-liked personal pages. Interestingly, users had to pay for every page they read, even directories where they could look up specific information.

Web 1.0, in general, was a content delivery network (CDN) that permitted the display of information on websites where users passively absorbed materials without having the option to leave reviews, comments, or other types of feedback.

Web 2.0

 

The dominant web of our time, referred to as Web 2.0 or the second generation of the web, was introduced in 2004 and is still going strong today. A vast improvement over Web 1.0’s one-way communication, it is regarded as the read-write web that encourages user interaction. It makes the participatory social web what it is by enabling websites to create user-generated content, which improves usability and interoperability for end users.

Social media platforms like Facebook, Twitter, YouTube, and Discord have emerged due to the social connectivity and interactivity of Web 2.0. On these platforms, users can upload content that other users can view and comment on. All of this led to the Internet becoming accessible through smartphones like iPhones and Android devices, which in turn paved the way for the dominance of apps like WhatsApp, Instagram, Uber, and Paytm.

The number of users also increased to billions, concurrently boosting user-generated content production. Web 2.0 use cases also expanded, moving beyond simple communication and information gathering to include e-commerce. Web 2.0 subsequently evolved into “web as a platform,” upon which software programs started to be created.

Web 3.0

 

Web 3.0, also known as the executable web or read-write-execute version of the web, is considered the next generation of the Internet. It utilizes standards established by the World Wide Web Consortium and is called the “semantic web” (W3C). Using artificial intelligence systems to manage information with human-like intelligence seeks to make the Internet smarter.

The term “Semantic Web,” which describes a version of the web that can connect everything at the data level, was first used by Tim Berners-Lee. He claimed that as the semantic web takes off, “machines talking to machines will handle the day-to-day mechanisms of trade, bureaucracy, and our daily lives. People’s long-promised “intelligent agents” will at last manifest.

Currently, there are information silos on the Internet. For instance, since Facebook and Twitter are not linked, the data you post on LinkedIn won’t be updated there automatically either. By connecting web pages and making them interoperable, Berners-Lee sought to connect all the information so that no one would ever need to upload their information separately on various online platforms.

Although people often conflate web 3.0 and web3, it is clear from the discussion above that they are not the same. Let’s proceed and comprehend the idea of web3 now.

What is Web3?

 

Web3 is a blockchain-based, decentralized, and open internet. The term “web3,” which was first used by Ethereum co-founder Gavin Wood in 2014, refers to a decentralized version of the Internet that would be created by taking away users’ control from web 2.0 behemoths like Amazon and Facebook.

With the help of blockchain technology, decentralized storage, and self-sovereign identity in a community-driven setting, Web3 aims to reclaim data ownership from web2 giants and give it back to users. Users will ultimately decide who has access to what data.

Cryptocurrency wallets like MetaMask, Venly, or TrustWallet, where users store the keys to all of their data and identities, have made this possible. In this way, they can interact with other blockchain apps and manage who has access to their data. Like using a Facebook account, logging into other apps with a cryptocurrency wallet is secure, and all your data is yours to keep and manage.

The difference between Web 3.0 and Web 3

 

By reusing and linking data across websites, the semantic web, also called web 3.0, strongly emphasizes intelligence and efficiency. However, the decentralized web, or web3, strongly emphasizes security and user empowerment by giving users back control over their data and identities.

The semantic web stores all user data in a single location known as the solid pod, giving users control over who can access their data. Users are also given a special WebID by solid pods, which serves as their identity within the ecosystem. Users of the web3 on the blockchain can store their information in a cryptocurrency wallet that they can access with their private keys.

They both employ various technologies to carry out their data security objectives. Web 3.0 uses RDF, SPARQL, OWL, and SKOS for data interchange, while Web 3.0 uses blockchain technology.

Since data in web3 is dispersed across multiple nodes, it is challenging to modify or delete; however, data in web3.0 is simple to change. Furthermore, access to the data of assets that are stored on a blockchain is made possible by the keys kept in cryptocurrency wallets as opposed to the centralized storage of data in the solid pod.

Similarities between web 3.0 and web 3

 

Although the names web3 and web 3.0 are similar, their concepts and methods differ significantly. They do, however, share a common objective. By preserving users’ control over their data, web3.0 and web3 both seek to improve the Internet. The method used to accomplish this goal is where the main distinction lies. Web3 uses decentralized technologies for the same purpose, whereas the semantic web stores data in a solid pod.

It is important to remember that web3 and web 3.0 are still being developed (in their nascent stage). Although numerous web 3.0 and Web 3 experiments are underway, they have not yet been fully implemented.

Endnote

 

Many individuals worldwide, such as Lemuel Park, the co-founder and CTO of Foster City, view web3 as equivalent to 3.0. They think that key web 3.0 components like machine readability and web3 components like blockchain or the metaverse will be integrated into the web in the coming years.

Nevertheless, despite the semantic web concept’s apparent logic, it never became widely accepted. As a result of the advantages that decentralization, digital assets, smart contracts, open-source platforms, etc., offer, Web3 is currently in the spotlight. Web3 appears to be in demand right now, with its growing use cases, practical applications, and potential to transform our way of life completely.

RisingMax Inc. is a Web3 game development company in USA that designs and builds decentralized games from start to finish based on customer needs. Our development team has worked with blockchains like Ethereum, Solana, Polygon, Cardano, and others, as well as cutting-edge game engines and development tools, to make Web3 games in different genres like RPGs, shooters, platformers, strategy games, and more.

 

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