Intro to Web 3 and Blockchain
A Thread ๐งต
A Thread ๐งต
What is Blockchain?
It's like a traditional ledger system (in the form of blocks linked together like a chain). Records (verified) can't be altered. Transactions can be viewed on demand.
It's like a traditional ledger system (in the form of blocks linked together like a chain). Records (verified) can't be altered. Transactions can be viewed on demand.
Evolution:
Web 1.0: read only web (static)
Web 2.0: read and write web (dynamic)
Web 3.0: read, write and own web (decentralised)
Web 1.0: read only web (static)
Web 2.0: read and write web (dynamic)
Web 3.0: read, write and own web (decentralised)
Major problem with Web 2.0:
Some tech companies collect data (for providing better experience) which harms privacy. Few reports say that they indirectly sell your data.
Some tech companies collect data (for providing better experience) which harms privacy. Few reports say that they indirectly sell your data.
Type:
Web 2.0: Client server
Web 3.0: Peer to Peer
Web 2.0: Client server
Web 3.0: Peer to Peer
Underlying Technology in Web 3.0:
Decentralisation of the Internet to provide increased privacy and self authority of own data.
Decentralisation of the Internet to provide increased privacy and self authority of own data.
Changes:
High security, No data monopoly, More access
High security, No data monopoly, More access
Trends:
Web 3 developers getting paid more than Web 2 developers
Example: people will earn by playing games which was not possible in web 2.0
Web 3 developers getting paid more than Web 2 developers
Example: people will earn by playing games which was not possible in web 2.0
Career Opportunities: Blockchain Engineering/Developer, Devops Specialist, Developer Relations, Community Manager, Crypto Analyst, Growth Hacker, DeFi Developer
Loading suggestions...