Web3
1 year ago
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what exactly is web3
Web3 refers to the next generation of the internet, often referred to as the "decentralized web." It is based on blockchain technology, which allows for decentralized, peer-to-peer transactions and interactions without the need for intermediaries. This allows for greater security, privacy, and control for users, as well as the potential for new types of applications and services. The most well-known example of web3 technology is Ethereum, which is a decentralized platform that enables the creation of smart contracts and decentralized applications.
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