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What is Web3?




Web3- Third Generation of Web.



The Decentralized Internet of the Future Explained.


Hello Folks, In this blog, I am going to explain what is Web3, its benefits, cons, and its limitations.
But before we jump on Web3, we need to know about Web1 and Web2.
Here We Go!

What is Web1?

The Websites we are using today, Do they look the same 10 years Ago? The answer is NO.
a Decade ago you can only browse the websites, you can only see the content that was generated by some web developer, in this context some company. That Era is known as the First Generation of web development or Web1.


at that time, Web1 became the medium of serving information and data in Read-Only Mode.
Web1 often refers to read-only.
In 2004 the era of Web1 concluded.

What is Web2?

After that, We came into the age of Social Media, where a user can post their own content on some websites, they can review or can give their feedback, and also they can generate their own content on some Centralized or you can say controlled websites. For Example here, I am writing this blog on Blogger which is controlled by Google and is Centralized,  I have to follow the guideline or Terms set by Google to use the service.

If I will not stay up to Their terms, my service will be terminated, So in Conclusion we can say that WEB2 is Era, where user can generate their own content, post their thoughts, Review the products, and overall, can put their view on Internet but on Centralized or Controlled Platforms/Environment.

Web2 is simple, really, and because of its simplicity more and more people around the world are becoming creators.
web2 Developers or Compay often follow the same pattern
  • Company/Developers Launch the App or websites
  •  Company/Developer Advertise the Site or app
  • Website or App gain Viewers or Users
  • Company or Developer Monetize it.

The Current web is Web2.

What is Web3? why it is called the future of the Internet?


When we talk about web3, we talk about the Decentralized Internet, An Internet that is controlled by the user himself none other than him.


in web3 we use blockchain Technology that gives Internet users the right to generate and control their own content. 
In web3, developers don't usually build and deploy applications that run on a single server or that store their data in a single database (usually hosted on and managed by a single cloud provider).

Instead, web3 applications either run on blockchains, decentralized networks of many peer-to-peer nodes (servers), or a combination of the two that forms a crypto-economic protocol. These apps are often referred to as dapps. Dapps means DecentralizedApps.

Here are the added properties of Web3:
  • Verifiable
  • Trustless
  • Self-governing
  • Permissionless
  • Distributed and robust
  • Stateful
  • Native built-in payments(Most Transparent)

Benefits of Web3:

  • Many Web3 developers have chosen to build dapps because of Ethereum's inherent decentralization:

  • Anyone who is on the network has permission to use the service – or in other words, permission isn't required.
  • No one can block you or deny you access to the service.
  • Payments are built-in via the native token, ether (ETH).
  • Ethereum is Turing-complete, meaning you can pretty much program anything.

As we talked about benefits, let's talk about the Disadvantages or Cons of Web3.

Cons of Web3:

  • Less progressed gadgets won’t have the option to deal with Web 3.0.
  • Web 1.0 sites will appear to be substantially more outdated
  • It tends to be exceptionally confounding for newcomers to comprehend.
  • Technology isn’t altogether prepared for it yet.
  • Easy to get user’s Public/private information.
  • People will spend more time surfing the web.
  • Privacy policies are needed.

Web3 also has some limitations right now.

Limitations of Web3:


  • Scalability – transactions are slower on web3 because they're decentralized. Changes to state, like a payment, need to be processed by a miner and propagated throughout the network.
  • UX – interacting with web3 applications can require extra steps, software, and education. This can be a hurdle to adoption.
  • Accessibility – the lack of integration in modern web browsers makes web3 less accessible to most users.
  • Cost – most successful dapps (Decentralized Apps) put very small portions of their code on the blockchain as it's expensive.

Web2 vs Web3:

Web2Web3
Twitter can censor any account or tweetWeb3 tweets would be uncensorable because control is decentralized
Payment service may decide to not allow payments for certain types of workWeb3 payment apps require no personal data and can't prevent payments
Servers for gig-economy apps could go down and affect worker incomeWeb3 servers can't go down – they use Ethereum, a decentralized network of 1000s of computers as their backend



Hope you understood Web1, Web2, and Web3.Thank you for reading till here.
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