(Originally Posted on September 20th 2023) ‘Web 3’ Isn’t exactly a location… It is websites and applications linked together and accessed through a blockchain via an account or wallet. Creation of a blockchain account or associated wallets can seem overly technical but is usually simple. Upon setup, the account creator is given a set of […]
Category: Web3
What are the benefits of Web3?
(Originally Posted on August 21st 2023) “Web 3” is a decentralized internet but it isn’t supposed to replace the current internet. “Web 2” is the current internet where users congregate towards websites such as ‘Twitter'(X), ‘Facebook'(Meta), ‘Linkedin’, to discuss, debate, and express themselves on a social platform while companies such as ‘Amazon’, ‘Walmart’, ‘Macy’s’ and […]
Learning about what they do and how to use
(Originally Posted on August 11th 2023) All these ventures I’ve learned about are in their early stages of development and while many have already achieved success using them there are still many more heights to reach with any of these pieces of technology. Although many call these things a “Replacement” for what is currently available […]
How Much ‘Ownership’ does an Asset Holder have?
(Originally Posted July 31st 2023) There are a lot of hype people saying ‘You’ll own everything you purchase on the Blockchain with NFTs!” but that isn’t necessarily true. Knowledge on this subject is vital to partaking in this space but knowing the difference between what is ‘owned’ and what is ‘borrowed’ is also important in […]
Figuring out Web3 and ‘User’ vs ‘Participant’
(Originally Posted July 17th 2023) Web 3 is a platform that offers many opportunities for a participant. Finding what to do is difficult for many if they don’t already have a plan. Some participants engage with dApps, their secondary tokens, and join communities with the main focus being the dApp. Other participants cross post some […]
What Does ‘Ownership on Web3’ mean?
(Originally Posted July 16th 2023) Bit of a wide question but I think the importance of ownership means more for small time developers and personal accounts. Many platforms on ‘Web 2’ usually retain the rights to anything and everything created on their platform. “Web 3” is about ownership of (self)creation regarding blog posts, personal photos, […]
Decentralized Internet
(Originally Posted July 14th 2023) There are always previous versions of technology that have their series and the Internet is no different. Web 1 was the beginning of users on the Internet with mainly personal webpages and basic hosting options. Web 2 is when the Internet became more accessible for everyone and where users are […]