Web 3 Technology Easy Explanation
The web3 protocol is a new web version that uses blockchain technology. It also uses decentralized users data to track transactions. It can be used to transact between people and businesses. Watch This Video What is Web 3 zero in crypto? Web 3.0 is a term used to describe the next stage of the web. It refers to the upcoming web platforms and applications that will use blockchain technology and decentralized user data. What is 'Web3'? Web3 is a protocol and a decentralized application platform that allows users to run smart contracts and customize node implementations. It was created by Vitalik Buterin, co-founder of Ethereum. What is Web3 and How Does It Work? The Confusing Term, Explained The term Internet blockchain decentralized user data is used often to describe the way blockchain technology works. Blockchain technology is a distributed database that's used to verify and store transactions. This technology is used in order to make sure transactions are secure and unalt...