11 Tweets 22 reads Jun 19, 2022
web2 vs web3
(Illustrated)
๐Ÿงต ๐Ÿ‘‡
web2 = centralized
web3 = decentralized
web2 = high % take-rates for platform
web3 = low % take-rates for platform
web2 = platform owns the data
web3 = you own the data, platform just provides a view into the data
web2 = โ–ˆโ–ˆโ–ˆ[REDACTED]โ–ˆโ–ˆโ–ˆ
web3 = censorship-resistant
web2 = default closed source
web3 = default open source
web2 = closed interfaces
web3 = open, composable code
web2 = Login with Google / Facebook / Apple
web3 = Connect Wallet
web1 = Read
web2 = Read + Write
web3 = Read + Write + Own
Image Source: @a16z State of Crypto 2022
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