Blockchain is Changing the Internet: The Future of Web3

The internet as we know it is going to change. And I don’t mean just a few minor adjustments all around. A new age known Web3, we are on the verge of a basic change.

Ever wonder why, despite all the kitten videos and internet shopping, it seems like something’s still missing? Certainly, me as well. That “something” is power.

I recall working on systems where we had total control back in the day. The world was different then; our present degree of control is comical.

Consider it. Starting with Web1, which was essentially the Wild West of the internet—static sites, no interactivity.

The era of social media and e-commerce, Web2, followed. Suddenly, we could buy, share, and interact online. Great, correct? Mostly, yes.

The catch is Our data was ultimately owned by companies such as Facebook and Google. They turned became the landlords of our digital existence. We’re all simply renters using our privacy to pay.

But what if we could own our data? What if we could engage online without some massive company watching our every move, determining what we see and what we are allowed to do?

Web3 has that potential; blockchain technology is the key.

So, what is Web3?

Alright, let’s dissect it. The next development of the internet is Web3. It’s decentralized rather than everything being centralized—controlled by a few of major entities.

Imagine the internet transitioning from a handful of corporate-owned buildings to a vast community of personally owned houses. It’s a basic shift in the operation of the internet and its governance.

Key points to keep in mind with Web3 are as follows:

• Decentralization: No one authority runs it. It’s spread throughout a computer network.
• Data ownership by users: Your information is in your control, not that of any company.
• Behind the curtain, blockchain technology is the magic enabling the first two items.

Simply said, Web2 is renting our web presence. On sites run by others, we generate material, foster communities, and run businesses.
Web3 is similar to house ownership. You profit straight from what you create, you set the rules, and you decide.

Blockchain’s Function

But how does this profound change take place? Block chain.

Imagine a digital ledger—a record of transactions—that multiple computers share.

A “block” is inserted when a transaction fresh. The preceding block is then connected to that block, hence forming a “chain” of blocks.

Every block has a unique fingerprint of the block before it, hence this chain is very safe. Should someone attempt to tamper with a block, the fingerprint changes and everyone can see something is off.

Though it may seem a little complex, the key point is that blockchain offers:

• An unchangeable, distributed ledger: The information is scattered and unchangeable.
• Improved security and openness: Everyone can see what is happening, hence hacking is rather difficult.

This technology enables Web3 by:

• Applications running on this distributed network, not on a company’s servers, are called decentralized apps (dApps).
• Enabling safe transactions (cryptocurrencies): Digital currency running outside conventional banks’ authority.
• Enabling digital ownership (NFTs): Unique digital assets proving your online ownership of everything from art to music to even a tweet.

Consider it.

• Imagine financial services without banks, where you have greater control over your money.
• Websites where artists may sell their work straight to fans, free of dependence on galleries or record companies.
• Decentralized social media: Networks where you, not an algorithm, manage your material and your relationships.

Not bad, right?

Why Learn to Code for Web3?

Web3 is the future, then. But what does this imply for you? Possibility. Great chance.

The need for Web3 developers is skyrocketing. Businesses and institutions are rushing to create this new internet; they want qualified personnel to do it.

This is even larger than the early days of the internet boom. We’re discussing a possibility to be at the forefront of a technology revolution.

To create the future.

To influence our internet interactions, transactions, and way of living.

Let’s be honest, albeit the pay is really decent, it’s not just about the money. It’s an opportunity to create, to invent, and to address practical issues.

Wish to create an app that enables individuals? Hoping to design a more equitable and open system? Wish to participate in something really revolutionary?

Web3 is therefore for you.

I know what you may be considering right now. Programming? Block chain? That seems difficult. And sure, it takes some practice.

But it’s not Mount Everest.

You don’t have to study everything at once; there are many resources at hand.

Knowing JavaScript gives you a head start. Focusing on certain Web3 technologies such as Solidity—the language used to create smart contracts on Ethereum—will help you to begin.

Beginning with Web3 Development

Eager to plunge in? Here are some actions to help you begin:

• Your first point is learning JavaScript or another relevant language.
• Investigate ideas on blockchain. Know how it functions, what it can do, and its constraints.
• Get to know tools and frameworks: Hardhat and Truffle are two tools that may assist you in creating and deploying your Web3 applications. These technologies simplify the development procedure so you may concentrate on constructing instead of becoming mired in intricate settings.
• Create straightforward initiatives: Begin small, try things out, and learn by doing. To grasp the technology, start with a basic dApp or fundamental smart contract.
• Participate in Web3 groups: Talk to other developers, connect with them, and provide your expertise. Local gatherings, Discord servers, and online communities are excellent venues to network and gain knowledge from others.

Decentralisation defines the future

Web3 may alter everything.

It’s about building a more open, fair internet and returning power to the people. It’s an opportunity to create a future in which we govern our digital lives, not a company.

What is your opinion then? Will you join this movement? Are you prepared to acquire the tools that will define the future of the internet?

The decision is yours, but I, for one, am eager about what lies ahead. Together, let us create this future.