The Web3 revolution is well underway. Wherever you look, everyone in the tech space is talking about what a miracle Web3 will be and why we should all get on the train immediately. While there are detractors and those who believe that this so-called evolution of the internet isn't ready yet, enthusiasts are going full steam ahead and ensuring that Web3 is brought to life.
As a self-proclaimed evolution of the internet, it is only right to expect that Web3 will be an improvement on what we have today. After all, there’s no point in having an innovation if it doesn’t perform better than what we are used to.
For it to function, Web3 needs to rest on some pillars. Many proponents have claimed that blockchain technology – the same technology that powers things like cryptocurrencies and decentralized finance (DeFi) – will also have a role to play in bringing Web3 to the world.
So, the question remains; what will blockchain do for Web3? How does the technology that began as a way for transaction records for a cryptocurrency to be taken down become a cornerstone of what will end up being the internet of tomorrow?
An Introduction To Web3
When you hear Web3, you’re probably thinking about what it is in the first place. After all, it’s difficult to know how blockchain will be important to the concept if you don’t exactly have an idea of what it even is.
Continue reading: https://coinrivet.com/the-important-role-of-blockchain-for-web3-development/
As a self-proclaimed evolution of the internet, it is only right to expect that Web3 will be an improvement on what we have today. After all, there’s no point in having an innovation if it doesn’t perform better than what we are used to.
For it to function, Web3 needs to rest on some pillars. Many proponents have claimed that blockchain technology – the same technology that powers things like cryptocurrencies and decentralized finance (DeFi) – will also have a role to play in bringing Web3 to the world.
So, the question remains; what will blockchain do for Web3? How does the technology that began as a way for transaction records for a cryptocurrency to be taken down become a cornerstone of what will end up being the internet of tomorrow?
An Introduction To Web3
When you hear Web3, you’re probably thinking about what it is in the first place. After all, it’s difficult to know how blockchain will be important to the concept if you don’t exactly have an idea of what it even is.
Continue reading: https://coinrivet.com/the-important-role-of-blockchain-for-web3-development/
