Sirwin
Sirwin

E&S Token Review: Special New Year 2022


Happy 2022 Publish0x community and welcome back in this new special article of my “Easy & Short Cryptocurrencies Made Accessible” area.

As you may have read from the title, we are here today with a special article than usual. In fact, today's article will be a special “New Year 2022” where we will talk about a new topic. After the last Christmas Special episode, where I brought you my thoughts on the crypto world, today we will talk about a curios topic: Web 3.0!

From next Sunday, however, we will return regular with the publication of analysis of new coins! We'll see in this 2022 how many new cryptocurrencies we're going to discover together!

First of all, I wish you an amazing 2022!

What is Web 3.0?

Web 3.0 is the next stage of the Internet. Let's take a look at what it is and how it allows users to regain control from the centralized organization that dominates the Internet and profit from user data. Web 3.0 was originally called the Semantic Web, which is a more open, autonomous and intelligent Internet. Its goal is not only to accurately explain what you typed, but also to truly understand it.

A decentralized network makes this possible, ensuring that no one party has control. Web 3.0 provides a new way for people to use the Internet without sacrificing privacy.

There are some early Web 3.0 applications (such as Apple's Siri) that already exist, but their potential cannot be fully realized until the new Internet is fully established.

es

Web 3.0 aims to process information close to human intelligence by using artificial intelligence systems and intelligent programs. It will allow everyone to use new smart devices to access the Internet anytime, anywhere.

And before of Web 3.0? What about Web 2.0 and 1.0?

Web 2.0 involves more user interaction, social interaction, and collaboration. Users began to create content on social media platforms such as YouTube, Facebook, Twitter, and Instagram. However, by creating content, users are forced to give up sensitive information. In the first stage of the Internet (Web 1.0), users were passive consumers of online content. Using Web 1.0 involves reading rather than creating or writing.

Why Web 3.0 it’s so important?

Web 3.0 aims to solve the main problem of Web 2.0: centralized organization of the control of the Internet and the collection of sensitive user information. It is open, trustless, and permissionless.

The Web 3.0 network is completely decentralized, so no organization can control it. Moreover, decentralized applications or dApps built on the web are open. This means that neither party can restrict access to the Internet or control the data shared on the Internet.

On Web 3.0, currency is native and does not require permission, so users will no longer need to rely on traditional government-related financial systems. Web 3.0 provides instant, global access to funds.

es

Since Web 3.0 will be based on a decentralized protocol-the foundation of encryption technology-we may see a close relationship between these technologies. It will enable smart contracts to power transactions, file storage and sharing. There are already many Web 3.0 dApps for you to trade cryptocurrency and play games. However, until Web 3.0 is fully integrated, its full potential will not be realized.

I hope you can understand better Web 3.0 with this little article!

Enjoy your 2022 and see you in the next E&S article!

Leave me a comment below with some cryptos you would see analyzed in the next weeks!

 

How do you rate this article?

44


MikeZillo
MikeZillo Verified Member

Daily Trader, Mining Farm Project Manager, Blockchain consultant, Cryptocurrency evangelist. You can find more videos here https://www.youtube.com/channel/UCvyXx6I1C__zmLAYUXNZwQQ? Telegram: @mikezillo


Easy&Short. Cryptocurrencies made accessible
Easy&Short. Cryptocurrencies made accessible

In this section, we are going to create two article per each cryptocurrency/token. The first one will be technical, with a simplification of the Whitepaper and the second one will be about particulars of the coin. For example staking yields, particular functions and so on! I am sure you will like this very much!

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.