Hacker Noon September 10, 2022
Web3 is the next step in the transformation of the world wide web. The new internet will attempt to create a less centralized internet than the internet we are used to.
The purpose of Web3 is to lessen the power of the internet service providers and technology corporations that have traditionally held sway over the online.
Instead, the objective is to make access to the internet more democratic by making Web3 a platform that can be cooperatively governed and managed by regular internet users.
Because Web3 represents such a radical change from how previous iterations of the internet were developed, the name...
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