Web Design

Web3 News: What You Need To Know

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If you’re like most people, you’ve been hearing a lot about web3 lately. But what is web3, exactly? And why should you care?

What should I know about web3 news?
Web3 is the web version of the web. It’s an electronic web that functions as a web, not unlike the web and other popular websites. the web3 uses a technology called web to enable users to create decentralized apps that run on the internet without any central servers or authorities.

Web3 was first proposed in 2013 by Vitalik Buterin, co-founder of Ethereum, along with several others including Gavin Wood and Joseph Lubin.[citation needed] The idea behind it is similar to that of Bitcoin: replace centralized peer-to-peer systems with decentralized ones using cryptography.[citation needed] Cryptography allows for secure transactions between parties who do not know each other personally but are able to verify them using cryptographic proofs.

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