Unlocking the Secret to How Web 3.0 Will Become the Future of the Internet World?
It is undeniable that modern technology, such as "the internet," has a big impact on our jobs and daily lives. The internet is used as a hub for borderless connections as well as for data searching. You can easily connect with people all over the world using a mobile phone. Did you know that 'Web 3.0' is viewed by many as the internet's future? You will learn how it is possible in this article.
There are many similarities between the current blockchain landscape and the early internet. It is comparable to the "Wild West" (the western border of the US in the ninth century, prior to the establishment of a secure government), which is unsafe and has no control over the insecurely connected protocol. It hardly constituted a basic structure for future trade. Although it is clear that the early internet critics who claimed that emails were undesirable were mistaken, they still disagree with the usability of blockchain.
Because using cryptocurrency for financial transactions remains quite difficult, solid usability is one of the most challenging topics to get blockchain past the wild west. In addition, the broader Web 3.0 ecosystem still lacks the practical features and user interface (UX) needed to develop a basic structure to replace Web 2.0.
Web 2.0 can undoubtedly be used effectively and easily. Facebook, Google, Uber, DoorDash, and other banking applications are some vivid examples. Crypto enthusiasts frequently criticize Web 2.0's centralization problem, but end users believe that it functions properly and provides the ideal user experience. Web 3.0, on the other hand, is only considered a potential popular UX trash can.
One of the dominant players in IT today is Web 2.0. Since the late ’90s, Microsoft and Office Suite Microsoft Office have been almost everywhere. Even critics and competitors are forced to use Excel's finance software and Outlook's email due to how well they have been used. We can almost all agree these days that, despite our best efforts, we cannot survive for more than a week without Google.
Web 3.0 does not have Microsoft or Google, but it does have cryptocurrency wallets that offer the best usability, such as MetaMask, which frequently serves as a platform portal. Web 3.0 still only serves a few purposes, though. Even the cooperation seems to be just a promise of the extremely ambitious projects.
Until now, most of the well-known crypto projects have concentrated on making pixelated frogs or monkeys, or Play-2-Earn games. However, Web 3.0 projects are currently creating essential basic structures and encouraging businesses to participate in this field. Because businesses that require services need usability and use cases that are beneficial to them, the basic structures can enable blockchain to surpass the trend. Many modern products can function similarly to Web 2.0 but are designed to assemble the crypto ecosystem.
For example, Mailchain, developed by AWS's former director team, makes Web 3.0 messaging simpler and has many of the same features and functionality as a basic email setting. However, there are crypto services and the creation of numerous new functions using IT technology in the Web 3.0 space going on behind the scenes.
Additionally, they decided to enhance the new function in order to advance to the next stage rather than have the goal of replacing the basic Web 2.0 structures. One solution for ShelterZoom's signature that utilizes blockchain for the creation of tokens, the email's attached files, and other contents is Document GPS, as one example.
Even after the recipients have opened the emails, this extension allows users to check on the attached files and cancel access. Additionally, it prevents downloading, which can lessen the excessive carbon emissions and data pollution caused by downloading and uploading the tons of ten billion attached files that are sent repeatedly every day.
In the last ten years, Gmail has been developed to significantly enhance email. However, the use of blockchain enables the cryptocurrency industry to quickly overtake Google's dominance.
Decentralized building. A key to the fundamental change in the basic structure's development
Blockchain has created a new dynamic for those who do not want one prominent company, such as Google or Microsoft, to create all the work functions in one project. Instead, you can have the projects' collections in one ecosystem. This is the spirit of Web 3.0 to support democratization.
Ethereum can provide addresses for a variety of intriguing projects. However, due to the challenges associated with managing the bridge (the one used to connect blockchains together) securely, the nature of L2 (the solution developed specifically to reduce the sluggishness and weaknesses of Ethereum), and the separated sidechains (the independent blockchain that is compatible with Ethereum by the united model), other systems may sometimes have a greater potential to support more extensive ecosystems.
By not relying on a single power source, decentralized building is still one of the strengths of blockchain technology. Otherwise, the system's future and direction will not be driven by the public interest and may even be unclear. However, confusion can be seen as a complex form of careful consideration between parties. All landscapes of the new potential can flourish when there is only one "killer project" (the one that can drive the company's sales) at a time.
Polkadot, for example, was developed to support cross-chain interconnection and enable effective communication for numerous Layer-1 solutions. Consequently, a highly usable ecosystem might develop. Killer applications, or high-quality programs that can boost platform and business growth overall, have yet to be developed for Polkadot. There has also been a delay in the projects' progress.
Any technology finds it challenging to replace Web 2.0. It is unsure whether blockchain has any tools to make it happen. The industry is, however, finally approaching its peak. Funky NFT is gathering news and imagination, whereas infrastructure companies (businesses that invest in infrastructure) are driving Web 3.0 forward.