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An Introduction to Web 3.0 – The Future of Crypto

27 Dec 2021 | Cryptocurrency news

As the years roll on by, technology continuously evolves to the point where every year seems to be more innovative as the previous one. The issue with this influx of information is that while technology evolves vastly every year, it gets more and more difficult to keep track of it accordingly. 

This is why for today we decided to bring you a comprehensible guide to Web 3.0, the crux behind everything internet based as of 2022. 

In this guide we will also provide to you the relationship that Web 3.0 has with the crypto market and why this is such a key element to the future that we’re all heading towards. 

With that said, let’s start off with a short description of what Web 3.0 is by also bringing up its predecessor, Web 2.0. 

 

Web 2.0 and Web 3.0  

Way before we had the rise of Bitcoin and before Elon Musk had undertaken his internet troll persona, there was Web 1.0. It was quite a primitive way of processing information online, but it was the best that we could do at the time, in the 90s.

As time moved on however, we soon got more accustomed to the information that was provided to us, which led to the appearance of Web 2.0. In simple terms, Web 2.0 is the current state of the internet, and as such it’s not completely different from Web 1.0. 

The only real difference between the two is the fact that it provides the users with a lot more user-generated content and usability for end-users. 

Enter 2009, when the birth of Bitcoin signaled a new era starting up right in front of our very own eyes. With the emergence of such a new concept came the following question: How do we process this new piece of information and how can we take advantage of it? 

As the very first decentralized cryptocurrency, it quickly rose to fame as more and more investors started to look into what Bitcoin really represented, which led to the emergence of Web 3.0. 

As such, we can think of Web 3.0 as the brand-new breed of the internet which can be described as a decentralized version of the virtual world. While with Web 1.0 and 2.0 we had the user-based market at hand, Web 3.0 facilitated the popularization of the blockchain technology and the all inclusiveness that it came with. 

So, just to reiterate, Web 3.0 is different from Web 1.0 and 2.0 in that it offers the users personalized information based on the decentralized servers that are now running the internet as we know it. It facilitates the peer-to-peer internet and thus completely eradicates the idea of having a single authority rule over the information exchanged on the internet.

 

The Connection Between Web 3.0 and Crypto 

Alright so for now let’s focus solely on what matters here, aka how all of this connects to the crypto industry. 

We mentioned previously how one of the key elements of the 21st century that really changed the internet and essentially forced it to evolve into Web 3.0 was the emergence of Bitcoin. 

The idea of a decentralized cryptocurrency running the virtual market seemed good enough on paper, but as time moved on it became a lot more obvious that this wasn’t just a passing phase and that instead it had the potential to completely replace the idea of paper money transactions. 

In a way, Web 3.0 is the perfect base for the sharing of intelligent information accessibility.

The main reason for this is because Web 3.0 is all about transparency and the complete eradication of a unanimous authority controlling the market. This is what the crypto market is all about, it is the basis behind the blockchain system as a whole. 

Once Web 3.0 will finally be integrated into our society as a whole we will see the virtual world in a completely different way. Imagine having all of the resources, applications, content and agreements, all available to you in an instant.

This democratic way of getting information and making use of it is what we refer to as Web 3.0, and it is a perfect match for the crypto market as a whole.

 

From Guardarian to Web 3.0

We here at the Guardarian have a wide array of coins in store for you that you can take advantage of if you want to be a part of this new Web 3.0 wave, and they are the following: 

Polkadot (DOT) was actually one of the first cryptocurrencies that gained traction on the market through Web 3.0. It charges low fees and offers incredible speed, but many people don’t realize that at the basis of it all, it is a Web 3.0 project gone right. It is one of the leaders in the industry and by far the poster child for the decentralized internet sector. 

Filecoin (FIL) is a decentralized storage network that can be used in order to keep any type of files inside. It can also serve as a passive way of making money if you’re willing to invest into it. 

Kusama (KSM) was created as a result of the recent developments in the parachains auction system. Essentially, the developers will compete with one another for the sake of winning a Kusama bid, which will in turn save their problems one by one. 

Zcash (ZEC) is a brand-new cryptocurrency that is very special to us because it is actually one of the world’s first privacy-built cryptocurrencies. Originally created by a team of scientists from MIT, it is meant to function similarly as Bitcoin, only with a much larger focus on the privacy feature. 

Ocean Protocol (OCEAN) is a very good option for those out there that are looking to invest into Web 3.0. As such it is specifically developed in such a way that it will facilitate the decentralization of data sharing, making every bit of information available to the general masses in the process. 

BitTorrent (BTT) is the world’s first torrent tracker that essentially allows the users to divide and then transfer data over the internet to one another. The key factor we need to keep in mind here is that everyone that downloads a file through BitTorrent will become part of the distribution process too. 

 

Conclusion 

  

So, what exactly did we learn here today? Essentially, we saw the internet in three different stages, with the very first being by far its most primitive, version 2.0 being the one that we got accustomed to up to today and the upcoming 3.0 which is sure to change the way we look at the internet as a whole. 

While Web 3.0 is still not fully integrated into our daily lives, we are currently witnessing the metamorphosis happen as more and more influential members of our society are dipping their toes in the crypto scene, little by little embracing the new era that is sure to take over eventually. 

Get involved early in Web 3.0 by acquiring the coins that are laying the foundation for its success. Guardarian offers you a wide selection of Web 3.0 coins that you can buy directly with fiat without asking you to register an account. Now it’s just a matter of choosing from a wide selection of quality coins.