What Is Web 3.0 Crypto? – Here Are The Amazing Features

Think of a new type of internet that can precisely interpret your input and understand each and everything you convey through your text, voice, or other media forms. The internet where all the content you consume is extra tailored to you than ever before. It is a new phase in the Web’s evolution, and pioneers call it Web 3.0.

But, what is Web 3.0 crypto? What does it look like? And how can it change your life?

Right, sit back and have a relaxing read to get an answer to the question of what is Web 3.0 crypto in this article.

What Is Web 3.0 Crypto

What Is Web 3.0 Crypto?

Web 3.0 is the future (third) generation of the internet, where websites and apps will interpret information smartly through technologies like machine learning, big data, and decentralized ledger technology.

Originally, web 3.0 was named “Semantic web” by WWW (World Wide Web) inventor Tim Berners-Lee, and it was created for a more autonomous, bright, and open internet.

One can define web 3.0 as the data interconnected in a decentralized way, a giant leap forward to the present internet generation (Web 2.0). The data is stored in a centralized manner. Further, users and technology will interact with the big data. But, for this to occur, the program needs to read the information conceptually and contextually. And because of this, the two foundations of web 3.0 are semantic Web and  Artificial Intelligence (AI).

Thus, web 3.0 is the future internet that aims to give users and content creators power using decentralized blockchain technology. And the cryptocurrencies are nurturing the rise of Web 3.0.

Cryptocurrency, Web 3.0, And Blockchain

Since Web 3.0 networks will operate in a decentralized manner- the founding blocks in blockchain and crypto technology- one can expect to see a great convergence and symbiotic relationship between these technologies and other fields. They will be seamlessly integrated, automated through intelligent contracts, and power anything from microtransactions. And the present bunch of Defi protocols is just the tip of an iceberg.

To learn more about crypto and blockchain refer to these

Predecessors Of Web 3.0 Technology

Web 3.0 is born out of natural evolution from the older generation of web tools combined with innovative technologies like AI and blockchain. The antecedents of Internet 3.0 are Web 1.0 and 2.0.

Web 1.0 (1989-2005)

Web 1.0 is also famous as static Web; it was the first and most reliable internet in the 1990s despite only providing access to limited information with little to no user interaction. In the old days, creating a user page or commenting on articles was not there.

Web 1.0 did not use an algorithm to refine internet pages, making it hard for its users to find relevant information. It was like a one-way highway where a few did content creation, and all the information came mainly from the directories.

Web 2.0 (2005- present)

The social Web or Web 2.0 has made the internet more united, thanks to the growth of web technologies like Javascript, HTML, CSS3, etc. That enables startups to build an interactive web place such as YouTube, Facebook, Wikipedia, and many more.

This has flagged the way for social networks and user-generated content production to blossom because data can now be allocated and shared between several platforms and apps.

Web 3.0 (in future)

Web 3.0 is the future generation in web evaluation, making the internet brighter by using AI systems to run innovative programs to assist users.

What Is Web 3.0 Crypto

Features Of Web 3.0

For understanding the next generation of the internet, we need to understand the four key features of web 3.0-

1. Ubiquity: it means having the capacity to be everywhere simultaneously. In other words, it’s called omnipresent. From that point of view, Web 2.0 is already ubiquitous. For example, a Facebook user can directly capture an image and share it, which becomes ubiquitous because it will be available everywhere, no matter where they are, as long as you have access to the social media platform.

Web 3.0 takes this a step ahead by making the internet available to everyone anywhere. Shortly, internet-connected devices will no longer be limited to computers and smartphones since IoT (Internet Of Things) technology will bring many new types of intelligent machines.

2. Semantic Web: It studies the relationship between words. It will enable the computer to analyze loads of data from the Web that involves contents, links, and transactions. For example-

I love Bitcoin OR  I <3 Bitcoin

The syntax of both the sentences can be different, but their semantics are the same because semantics only deal with the meaning or emotion of the content. Applying semantics on the Web will enable machines to decode the meaning and emotions by analyzing data.

3. Artificial Intelligence: AI is the intelligence shown by machines, and web 3.0 machines can decode the meaning and emotions conveyed by a set of data. Although Web 2.0 offers similar capabilities, it is still predominantly human-based, leading to corrupt behaviors like biased product reviews, rigged ratings, etc.

4. 3D Graphics: experts also call Web3.0 the spatial Web. It will diminish the boundary between the physical and the digital by advanced graphics technology that will bring you closer to the 3D virtual world.

Famous Web 3.0 Crypto Coins

Web 3.0 crypto coins are gaining immense popularity since their launch, and some of the most popular Web 3.0 coins are-

  • Chainlink (LINK)
  • Filecoin (FIL)
  • THETA (THETA)
  • Helium (HNT)
  • BitTorrent (BTT)
  • Siacoin (SC)

 

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