Web 3.0 – A Vision for the Future of Autonomous Web

If you’re reading this, you’re a component of the contemporary web. Today’s web is vastly different from what it was ten years ago. When did the web start to change, and more importantly, where does it plan to go next? Also, why do any of these things matter?

If history teaches us anything, it is that these changes will be substantial.

Consider how the internet affects your life daily. Recognize how society has changed throughout the internet. Social media platforms Apps for mobile devices And right now, the internet is experiencing yet another paradigm shift.

The Web’s Development

The web has evolved greatly over the past, and its applications today are almost unidentifiable from its earliest days. People often say that the web has gone through three stages: Web 1.0, Web 2.0, and Web 3.0. Did you know about the best web 3 services company and how it changed the web development history?

What Exactly is Web 1.0?

Web 1.0 was the first version of the internet. Most participants were content consumers, while the creators were typically developers who built websites that served up information primarily in text or image format. Web 1.0 existed from roughly 1991 to 2004.

Web 1.0 sites served static content rather than dynamic HTML. Sites didn’t have any interactivity and served data and content from a static file system instead of a database.

Consider Web 1.0 to be the read-only web.

Going from Web 1.0 to Web 2.0

When Sir Tim Berners-Lee wrote his seminal 1989 document “Information Management: A Proposal”, he outlined a vision of the “web” as a network of information systems interconnected via hypertext links. People often mix it up with the Internet, which is the network of computers on which it runs.The ability to access the network in a decentralized fashion through remote machines, as well as the ability to link systems together without requiring any central control or coordination, were key practical needs for this web.

This vision materialized into an initial version of the web composed of interconnected static resources delivered via a distributed network of servers and accessed primarily on a read-only basis from the client side — “Web 1.0”. Usage of the web soared with the number of websites growing well over 1,000% in the ~2 years following the introduction of the Mosaic graphical browser in 1993, based on data from the World Wide Web Wanderer.

What exactly is Web 3.0?

There are a few key differences between web2 and web 3.0, but decentralisation is at the heart of both.

WEB 3.0 enhances the internet as we know it today by adding a few new features. WEB 3.0 is:

  • Verifiable
  • Trustless
  • Self-governing
  • Permissionless
  • Distributed and strong
  • Stateful
  • Payments made by natives

WEB 3.0 developers do not typically develop and manage applications that run on a single server, nor do they store their information in a centralized database (usually hosted on and managed by a single cloud provider).

As opposed to these centralised systems, WEB 3.0 applications are built on decentralised blockchains or a hybrid of the two that forms a cryptoeconomic protocol. Dapps (blockchain-based apps) are the word for these apps, and you’ll hear it a lot in the WEB 3.0 arena.

About Distributed Web Used Today?

People have talked about decentralised platforms for a long time, but most of the web is still run by a small group of people. The Ethereum network is the world’s biggest platform that is run by a group of people. It promotes the cryptocurrency ether (ETH) and gives users access to a wide range of apps that are not controlled by a central authority.

Distributed apps, or dapps, are accessible for finance, arts and limited editions (including the famously known NFTs), gaming, and future technologies.

Financial dapps are applications that focus on developing cryptocurrency services and cover the following topics:

  • Borrowing and lending
  • Token exchanges
  • Markets for trading and forecasting
  • Investments
  • Payments
  • Crowdfunding
  • Insurance
  • Portfolios

The Web Exists to Serve the End User:-

Distributed systems differ from centralized systems by definition. They should not be considered in the same way. A single party does not hold data and its processing in distributed systems. This is useful for businesses to provide resilience, but it is also useful for P2P networks where data can remain in the hands of the participants.

For example, if you wanted to host a blog the traditional way, you would set up a server, connect it to the Internet (via Cloudflare:D), and voila. It’s possible that your blog hosted on one of these services instead of your own: WordPress, Notion, Ghost, or perhaps Twitter. When one of these businesses goes out of business, it hurts a lot of people. Your blog’s content could be shown and sent from different places and be managed by different people, such as IPFS.

Where Are We Going Next?

As we know, the Internet and the web are now accessible to everyone. At the same time, the world ’s most visited websites receive more visitors than all other websites combined. Visitors have less control of the information and must rely on fewer players

The original Web was static. Then came Web 2.0, which provided interactiveness and services that we use daily at the expense of centralization. WEB 3.0 is a trend that attempts to counteract this. Web users can participate in network infrastructures built on open protocols.

Cloudflare is excited about the distributed future. Using the knowledge and experience gained from running one of the largest edge networks, we are making it easier for users and businesses to benefit from WEB 3.0.