Web1, Web2, Web3: You Use All Three Every Day. Can You Tell Them Apart?
Web3 Explained · Core DAO Series · Part 1 of 2 Here is a question that sounds simple until you try to answer it. Over the years — through my work in finance, law, and three and a half years of independent blockchain research — I have asked this question to many people in my life: friends, colleagues, business associates, and professionals in finance and technology. People who use the internet every day often do so in sophisticated ways. Not one of them could explain the difference between Web1, Web2, and Web3 clearly. Not because they are uninformed. But because no one had ever explained it to them in terms that connected to their actual daily experience. That is why I wrote this article. Web1: The Internet You Could Only Read (1989–2004) The World Wide Web was invented by Tim Berners-Lee in 1989. What he created was, by today's standards, remarkably si...