Saturday 16 July 2022

Easy Explanation to Web3

Web3 is on the rise and there's no stopping this. It's not a new technology, but now is the time it's reaching the masses. It's the next major trend for web-based development. The opportunities for job seekers in the field of web3 are increasing day by day. There is a huge need for Blockchain developers Web3 designers, along with other positions related to web3. There are numerous jobs and opportunities in web3 and this will increase in the future.

If you are a novice in the web3 development field, it can be hard to understand specific concepts and terms. Let's look at the meaning behind these two terms Web2 as well as Web3.

WEB2

Web2 is the second wave of revolution on the internet. It refers to the period where the number of the content creator on the internet has increased. In the past, Web1 was mostly end-user-oriented. It was for consuming the information.

Web2 began with the advent of social media that allowed users to create content online. This leads to the popularity of the creator of content online and ultimately becoming a celebrity. The consumers and creators of content grow together.

Web2 is also known for its centralization of data. Large corporations manage the data of the whole globe. One company has multiple companies , which means they can acquire data from various sources. This become one of the major issues facing the internet2 and caused the new revolution in the internet. What is Web3

WEB3

Web3 is considered the next step in the evolution of the internet. Web3 refers to the centralization of information through blockchain-based applications and the use of the token for economics. The term "Web3" was coined in 2014 by Ethereum co-founder Gavin Wood. It is only gaining popularity recently due to so many resources and platforms available to develop the blockchain-based application.

Developers have mixed opinions about web3. Some consider it to be a trend that won't last for long. I believe in Web3 because of the following reasons:

Community is building in recent times for learning and growth. some ideas for web3-based startups

Companies are building tools that assist in the process of development. There are grants to web3 projects

I highly suggest web developers to play around with the web3 at least for once. Web2 and Web2 and Web3 will co-exist with each other in the future. Let's move forward to understand Web3 more thoroughly. Blockchain is a unmodifiable ledger system that tracks the transaction . It is shared among the nodes i.e the computer that is participating in the network. Blockchain Development

The Blockchain was popularized by a person (or group of individuals) using the presumed pseudonymous name of Satoshi Nakamoto in 2008. Blockchain solved the problem of decentralization of data in Web2. Because all data are shared among the various nodes, there isn't one particular person or organization having all the data.

Web3 Applications are founded on the blockchain concept. Bitcoin is an example of blockchain. It works as an electronic ledger system to pay for transactions however, it can also be used for any data transaction. There are many networks that are built on blockchain, including Ethereum, Polygon, Solona, Avalanche, and other.

web3
Dapp or Decentalized Application are those application that uses smart contracts, which is based on blockchain network to function.

dApp

Dapp(Decentralized application) is the same program as a web application with the sole exception of smart contracts. It is possible to divide the Dapp into the following sections:

It's the norm in web development. It is essential to build your front-end with HTML, CSS, and JavaScript. You can choose any framework such as React, NextJS, or any other framework.

You can utilize the backend to connect to the smart contract deployed in the network. You can integrate this feature into your frontend too, but segregating the backend from the frontend will help you manage the app more easily.

Smart Contract will be deployed on the blockchain network. Our application will communicate with it to facilitate the use and operation of our application.

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