What is Web3 Technology: A Promising New Internet or a Naive Pipe Dream?
What the heck is Web3 and why is everyone and their mother talking about it? In short, Web3 is a decentralized web-based on blockchain technology. What that means, how Web3 actually functions, and what it means for the future of the internet is a bit more complicated… To understand what makes Web3 so special and so different, we first need to understand why it's called “Web3” and what came online before it.
