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Web3 (also known as Web 3.0) [1] [2] [3] is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics. [4] This is distinct from Tim Berners-Lee's concept of the Semantic Web.
Web 3.0 may refer to: Semantic Web , sometimes called Web 3.0 Web3 (sometimes referred to as Web 3.0), a general idea for a decentralized Internet based on public blockchains.
The Semantic Web, sometimes known as Web 3.0 (not to be confused with Web3), is an extension of the World Wide Web through standards [1] set by the World Wide Web Consortium (W3C). The goal of the Semantic Web is to make Internet data machine-readable .
If you feel like you're just now starting to wrap your head around the concept of cryptocurrency, get ready to expand your syllabus. There's a whole new internet coming your way, and it's based on...
To do so, it uses blockchain technology and smart contracts, among other tools. Blockchain is a kind of ledger technology that tracks all transactions on a given financial platform. Think of it as ...
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The extension of the Web to facilitate data exchange was explored as an approach to create a Semantic Web (sometimes called Web 3.0). This involved using machine-readable information and interoperability standards to enable context-understanding programs to intelligently select information for users. [ 125 ]
Both Tesla CEO Elon Musk and Block CEO Jack Dorsey voiced their criticism of Web3 - commonly known as the new, decentralized iteration of the internet - in recent days, in a series of tweets, which...