Web3 vs Web0
|
Feature |
Web3 |
Web3.0 |
|---|---|---|
|
Core Concept |
Decentralization and user control |
Semantic understanding and AI integration |
|
Technology Foundation |
Blockchain, smart contracts, cryptocurrencies |
AI, ML, Semantic Web technologies |
|
Data Ownership |
User-centric |
Data interoperability and machine-readable |
|
Key Applications |
DeFi, NFTs, DAOs |
Intelligent search, personal assistants, IoT |
|
Primary Goal |
Decentralized, trustless internet |
More intelligent and connected internet |
|
Development Initiated By |
Blockchain and crypto communities |
Tim Berners-Lee and W3C |
|
Economic Model |
Token-based economies |
Service and data-driven economies |
Web3 vs Web3.0: Whats the difference?
The development of the World Wide Web has set certain milestones that have changed people’s experience of using information networks. At the moment, two terms are mainly used: Web3 and Web3.0, they are becoming important when it comes to debating the future of the internet. As much as both of them have a similar name, they are two different concepts and approaches. The purpose of this article is to show the differentiation between Web3 and Web3.0, to know about them and their classification as well as their functions.