When put in comparison with 1.0 1990s and early 2000s, web 2.0 and 3.0 are the successive iteration of the web. The web with which we all are familiar is web 2.0 as it is the current version of the web which we use. Web3 or Web 3.0 is the third generation of the World Wide Web. At the moment, it is in progress. Web3 is a great vision of an open web and decentralized web with many features for its users. World Wide Web WWW is the retrieval system of the internet.
Web 3.0 is the next phase of evolution or the iteration of the web, and this evolution could be highly disruptive and may represent a huge paradigm just like the case of Web 2.0. The core concepts upon which Web 3.0 are openness, great user utility, and decentralization. Some of the key concepts as given by Berners Lee back in 1990 are mentioned below:
- Bottom-up Design: The code was not being written and controlled by a group of a small number of experts, it was developed in full form and full view of everyone which allowed maximum participation and
- Decentralization: In this, there is no central controlling mode which means there is no need of taking permission from the authority to post anything on the web. It also means that there is no restriction on censorship.
This design of the web was actually discussed in 1990 and was referred to as Semantic Web. At that time, there was no reliable way to process the language of Semantics. The vision of the semantic language was to bring a proper structure to the content of the web. Web 3.0 is the revolution as it has moved away from the traditional structure of semantics. The reason to move away from the traditional concept is that it is quite expensive and does not cover human language. Secondly, Web 2.0 has evolved significantly over the last two years.
There is no actual definition of Web 3.0, but there are some defining features it which distinguish it from Web 1.0 and Web 2.0. One such feature is decentralization which is the basic and core element of Web 3.0. In Web 3.0, the information would be based on the content, and it can easily be stored in multiple locations at the same time, and in this way, it can be decentralized. Web 3.0 would break down the masses of databases that are held by mega internet giants including Google and Meta.
Web 3.0 would be based on open source software and will be trustless, and permissionless. Web 3.0 will run on block chain or peer to peer networks, and these kinds of decentralized apps are called dApps. Web 3.0 will it make it possible for computers to understand human language through advanced technology, and concepts of semantic web and natural language processing. It will also make use of machine learning that relies on algorithms and data to analyze how humans learn, and thus the system can be improved.