Web3 Explained

 " A Deep Dive into the World of Decentralized Protocols". Web3, often dubbed the "decentralized web," is rapidly transforming the digital landscape. It signifies a paradigm shift from the traditional centralized internet to a new era where users have more control over their data, interactions, and online identities. At its core, Web3 leverages blockchain technology and decentralized protocols to achieve a more democratic and transparent internet ecosystem. Unlike Web2, where centralized platforms collect and control user data, Web3 empowers individuals by allowing them to own their data and participate in decision-making. Central to Web3's architecture are decentralized protocols that govern interactions across the network. These protocols, built on blockchain technology, eliminate the need for intermediaries and establish trust through consensus mechanisms. Smart contracts, self-executing code on the blockchain, enable automated and secure transactions without...