What is Web3? Explained Simply To a 12-Year-Old (2024)

FAQs

What is Web3? Explained Simply To a 12-Year-Old? ›

Web3 is the idea of the internet without servers. Web 3.0 is a way to use the Internet that doesn't need any centralized servers. How? It uses computer by all the users, altogether.

Web3 Internet is a technological innovation over Web 2.0—today's Internet—because it gives digital control and privacy back to Internet users. Web3 visionaries see user empowerment and digital sovereignty as core values.

Web3 is a term used to describe the next iteration of the internet, one that is built on blockchain technology and is communally controlled by its users. 3D illustration of a human hand and a digital hand reaching through geometric portals and touching finger tips at the center of the frame. (5 pages)

With Web3, a decentralized internet can be established, giving consumers more authority over their data and online activities. Blockchain technology makes Peer-to-peer transactions possible, eliminating the need for intermediaries while improving security and anonymity.

Web3 refers to the next generation of the internet, which is based on decentralized technologies such as blockchain. It allows for more secure and transparent online communication and transactions and enables new types of applications that were not previously possible.

Gaming and Virtual Realities

The gaming industry is embracing Web3 development to enhance player experiences and ownership of in-game assets. Blockchain-based tokens and non-fungible tokens (NFTs) allow players to own and trade their virtual assets across different games and platforms.

'Web3' (Read-Write-Own)

Improved security & privacy. Proposes and embraces decentralisation. No sole entity responsible for the handling and verification of data. Users own their data & digital identity.

(The term Web 3.0 was used earlier in a different way to refer to what has since been called the semantic Web.)

Key aspects of Web3 include blockchain, cryptocurrencies, smart contracts and decentralized apps (DApps). Web3 opens up new possibilities in areas like decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized organizations (DAOs), social media and identity management.

What is Web3 and why is it bad? ›

Web3 promises new capabilities, but its underlying technology poses negative environmental impacts, particularly blockchain as well as many forms of AI. Although there are different types of AI and blockchain, both can be as resource intensive as they are powerful.

However, it also brings notable disadvantages, such as increased complexity in technology and user interfaces, potential data security concerns in decentralized networks, and a digital divide exacerbated by varying access to cutting-edge technology.

WEB3 (OUR MAIN EMPHASIS)

In simpler terms, web 3 is a version of the web where everyone will own what they do and share, and it will run on blockchain technology.

The skills you need to work in Web3 vary. For example, a front-end Web3 developer may need skills like UX experience and programming languages. However, a Web3 marketer may rely on a different skill set that can include communication and data analysis.

Blockchain enables transparent recording transactions, whereas Web3 allows interactions between users and applications in a more decentralised and democratic way. Web3 enables the use and development of dApps, while Blockchain is more connected with cryptocurrency, such as Bitcoin.

Web development is a combination of technologies to design and implement web pages. Web development uses languages such as HTML, CSS, JavaScript, etc. Languages like these are code-based and are used to communicate with the server and make changes visible on the screen.