Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » U.S. Claps » Tech 📲 » What Exactly is Web3 & Why is it Trending?🚀

What Exactly is Web3 & Why is it Trending?🚀

by Shams Abbas
December 19, 2021

At the core of Web3 is the idea of a decentralized internet, an internet that is not controlled by tech giants such as Google, Amazon, & Meta. 

What happened to Web1 & Web2?🤨 Think of them as internet generations, with Web1 characterized by static web pages & only used by those with technical know-how. 

Then came Web2, characterized by dynamic, editable, & user-driven internet, which led to the formation of the social media websites we know today. However, that came at the cost of “centralizing” the internet into the tech giants mentioned above.

More Details🧐 Websites & apps built on Web3 won’t be owned by a central monitor, but by users who will earn ownership stakes by helping develop & maintain those platforms.

Proponents of Web3✔ Those who support Web3 claim that it combines the best features of Web1 (a decentralized internet) & Web2 (dynamic & editable), putting power in the hands of everyday people rather than large companies.

Skeptics of Web3❌ Those against Web3 argue that if the goal is to resist giving data up to tech giants, then the answer shouldn’t be to put it on a blockchain where it’s available to the public.

Why is this Important🤔 Like cryptocurrencies & NFTs, Web3 is based on blockchain technology. Whether you’re with it or against it, you can definitely expect to hear more about Web3 in the coming period. 

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Claps, Tech
Tech 📲

Pinterest struggled in Q4 📌

by Omar El Shorafa
February 7, 2023
Claps, Tech
Tech 📲

Google builds new ChatGPT competitor 🧠

by Omar El Shorafa
February 7, 2023
Claps, Technology
Tech 📲

Activision to pay $35 million settlement 🎮

by Omar El Shorafa
February 6, 2023
Claps, Tech
Tech 📲

Amazon cutting costs on the back of Q4 🛒

by Omar El Shorafa
February 6, 2023
Claps, Tech, Apple
Tech 📲

Apple failed to live up to the hype in Q4 📱 

by Omar El Shorafa
February 3, 2023
Amazon, Revenue, Claps
Tech 📲

Amazon sets modest forecast ☁️

by Omar El Shorafa
February 3, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)