What is web3 [2024] 11 innovative technologies related to life

Web 3.0 It is a new Internet technology concept, which aims to build a more intelligent, trusted, open and distributed Internet.It aims to use Blockchain, AI and other new technologies to achieve excellent characteristics such as data privacy and security, user control and sharing data.

The goal of Web 3.0 is to provide users with better experience, more data security and privacy, and allow them to have greater control over their data.

This article introduces the most popular language, “What is web3”, “Web 3.0’s application prospects”, “how ordinary people learn web 3.0 technology”.

Directory of this article

What is web3?

Web3 is a term that describes a new, decentralized Internet.Web3 means that the control of data and Internet applications is transferred to users from enterprises and governments.It uses blockchain technology, digital identity, and decentralized storage technologies, which can completely control their data and privacy.

Under the architecture of Web3, applications are usually decentralized and decentralized, and can interact directly on the network.This interaction can protect user privacy through encryption algorithms and ensure the security and reliability of data through blockchain technology.

The goal of Web3 is to create a more fair, transparent and secure Internet.Users can better control their data while reducing information manipulation and abuse on the network.It is a new evolution of the Internet, which is expected to change the pattern of the Internet.

What are the characteristics of web3 technology?

The realization of web3 needs to solve a series of technologies, economic and sociological problems.This includes:

  • Security: Web3 requires high security to prevent hackers from attack and data leakage.
  • Availability: Web3 should provide users with high efficiency and reliable services to meet the needs of users.
  • Economic: Web3 should be an effective economic system to ensure the sustainability of the application and the interests of users.
  • Privacy: Web3 should provide strong privacy protection, and users can independently determine the use of their own data.
  • Sociology issues: Web3 should have a positive impact on society and culture to improve people’s quality of life.

The development of Web3 is still in the early stage, but more and more companies and communities have participated in it, and they are constantly promoting its development.

What innovation technologies do web3 includes?

Web3’s technology realizes a number of cutting-edge technologies, including blockchain, distributed storage, encryption, digital identity, etc.They provide strong technical support for Web3, making Web3 have high security and reliability.

Web3 also provides developers with broad innovation space.For example, developers can use Web3 technology to develop new applications.These applications can achieve various new functions and services, thereby improving people’s lives.

In general, web3 is a technology with huge potential.It can change our views on the Internet and bring more benefits to people.With the continuous development of technology, web3 will become an important part of the Internet, bringing more convenience and innovation to people.

What are the applications of web3?

Web3 technology has a wide range of applications, and more and more applications and projects have been developed using Web3 technology.Here are some common web3 applications:

  1. Decentralized finance: Web3 technology can be used to develop decentralized financial applications to achieve cross-border remittance and asset management functions.
  2. Decentralization market: Web3 technology can be used to develop decentralized markets and achieve decentralized purchase and sales transactions.
  3. Decentralized social network: Web3 technology can be used to develop decentralized social networks, and users can control their data.
  4. Decentralization game: Web3 technology can be used to develop decentralized games to achieve a more fair and transparent gaming environment.
  5. Digital asset management: Web3 technology can be used to develop digital asset management tools to help users manage and protect their digital assets.
  6. Authentication: Web3 technology can be used to develop identity verification applications and help users manage their identity information.
  7. Decentralization storage: Web3 technology can be used to develop decentralized storage solutions to achieve secure and private data storage.
  8. Decentralization advertisement: Web3 technology can be used to develop decentralized advertising platforms to achieve more transparent and fair advertising transactions.
  9. Decentralized music industry: Web3 technology can be used to develop decentralized music industry applications to achieve more fair and transparent copyright transactions.
  10. Decentralization certification: Web3 technology can be used to develop decentralized certification services to achieve a more secure and transparent certification system.
  11. Decentralized voting: Web3 technology can be used to develop decentralized voting systems to achieve a more transparent and fair voting process.

This is just some applications of Web3 technology.With the continuous development of technology, web3 will bring more innovation and applications.

What websites are currently using web 3.0 technology?

At present, only a few websites are already using Web3 technology, but their number is gradually increasing.The functions of these websites are mainly concentrated on Ethereum ecosystems, such as decentralized exchanges (DEX), games, digital asset management and decentralized identity solutions.

Some examples include Uniswap, AAVE, MakerDao, Compound, GNOSIS, Aragon, UPORT, Kyber Network, etc.

However, most web3 applications are still in the experimental stage, and there may be various technical obstacles and other challenges.

Here are several mature websites based on Web 3.0 technology:

  • Uniswap: Uniswap is a decentralized automatic trading platform.It is a switching platform established using Ethereum blockchain technology, allowing users to directly exchange Ethereum and other Ethereum tokens.UNISWAP does not require any middleman or exchange, and to ensure price stability by using a mechanism called market manufacturer.This mechanism is based on a mathematical method called a constant market liquidity model.This model can make the price change proportional to the market liquidity.
  • Metamask: A cryptocurrency wallet, supports web3.0 applications.
  • Cryptocurrency Exchanges: Many cryptocurrency exchanges have begun to use Web3.0 technology to provide better trading experience and data security.
  • Decentralized Finance (Defi) Platforms: Many decentralized financial platforms have begun to use Web3.0 technology to achieve more financial services.

What are the challenges of web3 technology?

  • Security: The basic technology blockchain of Web3 is a decentralized technology, but it also brings some security risks.For example, hackers can destroy the security of the entire network by attacking a node in the network.
  • Legal risk: Web3 is used in different countries and regions, so there is a legal risk.
  • Trust issues: The decentralized characteristics of web3 applications require users to trust other nodes in the network, but users may not trust other nodes in the Internet.
  • Privacy protection: Web3 applications need to protect users’ privacy, but users may not believe in data privacy protection technology in the network.
  • Technical instability: Web3 technology is still in the early stage of technological development, and its instability may affect the security and reliability of the application.
  • Centralized tendency: Even though web3 technology is essentially decentralized, it may still have a centralized tendency.For example, some organizations may control a large number of nodes in the network and affect the entire network.
  • Prejudice and discrimination: There may be some prejudice and discrimination in the web3 community.For example, due to gender, race, age and other factors, some people may not be treated equally in the Web3 community.
  • Sustainability: Web3 technology requires a lot of computing resources and affects the environment.If the development of web3 technology cannot be sustainable, it may have a negative impact on the future web3 community.

Therefore, when using Web3 technology, these risk factors should be considered carefully to ensure the security and reliability of the web3 technology.

How do ordinary people learn web3 technology?

  • Understand the basic knowledge: Understand the basic knowledge such as blockchain, decentralization, digital currency, etc.These knowledge are the basis for learning web3 technology.
  • Reading related information: Learning web3 technology requires a lot of reading.You can read official documents, technical blogs, papers and other materials.
  • Participate in community activities: Participate in the web3 community activities, for example, participating in technical discussions, project contributions, etc.This can help you better understand Web3 technology.
  • Actual operation: Actual operation is the best way to learn WEB3 technology.You can try your own DAPPS applications, or to participate in the contribution of open source projects.
  • Learning related languages: Learning web3 technology needs to master related programming languages, such as Solidity, JavaScript, Rust, etc.
  • Learning Courses: You can learn Web3 technology through online courses or face-to -face courses.These courses are usually taught by professionals, which can help you master Web3 technology faster.
  • Join the web3 community: Join the web3 community, you can communicate with other web3 technology enthusiasts and get help.
  • Participate in the web3 technology competition: Participate in web3 technology-related competitions, you can practice your skills and compete with other developers.
  • Use analog: You can use the simulator to practice web3 technology and test your code.

Learning web3 technology requires a lot of time and energy, but it is also a very interesting and promising field.By continuous learning and practice, you can master Web3 technology and become an excellent web3 developer.

What are the excellent books of web3?

  • “Mastering Blockchain” by Imran Bashir @Amazon
  • “Blockchain Basics” by Daniel Drescher @Amazon
  • “Blockchain: BluePrint for a new economy” by Melanie Swan @Amazon
  • “Ethereum: Blockchains, Digital Assets, Smart Contracts, Decentralized Autonomous Organizations” by Hentening Diedrich @Amazon
  • “The Basics of Bitcoins and Blockchains” by Antony Lewis @Amazon
  • “Web3: How the Internet of Values is Revolutionizing the World” by Ryan Sean Adams @AMAMAZON
  • “Ethereum for Dummies” by Michael G.Solomon
  • “Blockchain: A PralTical Guide to Developing Business, Law, and Technology Slutions” by Daniel Lerner and Paul R.Allen

These books are very valuable resources for those who want to know web3 technology and Ethereum blockchain.You can buy these books in library or online sales websites (such as Amazon).

What are the excellent courses of web3?

  1. “Ethereum and solidity: The Complete Developer’ s Guide “on Udemy ( https://www.udemy.com/course/ethereum-nd-solidity–complete-deverters- guide/ Cure
  2. “Web3: A Guide to Building Decentralized Applications” on Pluralsight ( https://www.pluralsight.com/courses/web3-decentralized-applications Cure
  3. “Blockchain Fundamentals” on Coursera ( https://www.coursera.org/coursers/blockchain-Fundamentals Cure
  4. “Building Blockchain Projects” on Udemy ( https://www.udemy.com/course/building-blockchain-projects/ Cure
  5. “Cryptocurrency and Blockchain Fundamentals” on EDX ( https://www.edx.org/learn/cryptocurrency-blockchain Cure
  6. “Ethereum Development with Go” On Udemy ( https://www.udemy.com/course/ethereum-development-with- go/ Cure
  7. “Smart Contracts on Ethereum” on Coursera ( https://www.coursera.org/courses/smart- control Cure
  8. “Blockchain and Cryptocurrency Fundamentals” on Linkedin Learning ( https://www.larning/blockchain-nd-cryptocurrency-fundamentals Cure
  9. “Blockchain and Cryptocurrency Essentials” on EDX ( https://www.edx.org/learn/blockchain-essentials Cure
  10. “Building Decentralized Applications with Ethereum” on Coursera ( https://www.coursera.org/courses/building-decentralized-applications-with-ethereum Cure

These courses can help you understand the basic knowledge of Web3 technology and learn how to use Ethereum to build decentralized applications.You can register and start learning on these online learning platforms.