The Role of Blockchain in Web3: Security, Transparency, and Trust The blockchain system is a technological ledger or database that is distributed across computer network’s nodes, making its records decentralized in layers termed blocks and are often made public. Its connected nodes make it difficult to alter a block without alterations to other blocks, making…
Decentralized Governance: A Breakdown of Approach Fostering Web3 Development Decentralized governance involves the transfer of governing model from a central authority to a more inclusive community of networks. This inclusiveness inculcates a sense of responsibility among community members. With the community providing developmental template in place of a central body. The Web3 space is one…
While Web2 caters to the present internet generation, Web3 is known as the semantic web. Let’s look at these ideas, see the differences between Web2 and Web3, and decide which one will be the most important in ten years. From the early days of Web1, which had static text and images, to the current version,…
