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1  Bitcoin / Bitcoin Discussion / Blockchain Future technology on: August 04, 2018, 04:08:59 PM
WEB 3.0

Many articles discuss the "revolution" 4.0. 5.0 6.0 or 7.0. I'm not very excited. Almost all are just buzzwords and add "zero dots" to increase the important part does not deserve.

I'm really excited. Is WEB 3.0.

Web 1.0 is revolutionary. Move all the books and information of mankind to something called Internet. This is one of the biggest turning points in history. Increase the human IQ significantly.

Web 2.0 takes Web 1.0 one step further by turning small individuals into independent publishers and publishers. Twitter, Facebook, YouTube, Blogging, Reddit. Making the publishing industry shake, producing focused content.

Web 2.0 generates a huge amount of personal database. And the "oil field" is exploited and held by empires like Google, Facebook, Amazon etc.

> 90% of Google and Facebook revenue come from advertising. Advertising is the traditional revenue model of Web 2.0.

Web 2.0 is a wonderful thing, connecting the world we have today. Web 2.0 turns all individuals into independent publishers.

However Web 2.0 has a shortcoming. The focus of the Data holding group ("oil"). And the advertising model created the intermediary. Independent content producers (individuals) are required to negotiate with intermediaries to make money (like YouTube, Google, Facebook, Amazon).

And BOOM !!! Web 3.0 was born. Bring the ability to make money for each individual by ignoring his intermediary. How? Use BLOCKCHAIN.

Database has become Databank.

Social Networking Minds is a typical example of Web 3.0 built on Blockchain. Rather than using ad models and exploiting user information. Minds uses Token as a currency to transfer values ​​between users based on the value of the information they produce.

Steemit (Steem), Brave Browser (Basic Attention Token), IPFS, Storj, are gradually turning users into information owners and manufacturers no longer have to rely on intermediaries to make money. The Internet will become a gold mine for individuals instead of big ones thanks to Web 3.0.

Web 3.0 upgrades each individual from a standalone publisher to an independent bank + publisher.

Its HUGE.
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