Web 1-two-Web 3: Convenience unlocked🔓

Web 1📩 vs Web 2📖 vs Web 3🪙

• Web 1.0
  Internet of Connection: Implementations of emails were done, basically connections between agencies.
• Web 2.0
  Internet of Information: Implementation of information like e-Commerce, YouTube, Reddit, videos, and images on the internet.
• Web 3.0
  Internet of Value: Implementation of sending or collecting monetary assets like we share photos, movies around us.

Let us look into details about each, so...

Web ☝🏽

• Development of a host(admins) of web-based applications, usable in establishing online services, such as email.
• Content was only given by the administrator(read-only content).
• Managed by a central authority(mostly Government authorities).
• Email was the first widely adopted and popular application on the Internet.
• Suddenly, companies started to attempt to cash in on this new technology, most notable was a company called Netscape which developed the first commercial web browser.

Web ✌🏽

• User-generated content was unlocked.🔓
• Read was already in web 1 but web 2 introduced write.✅
• Individuals could interact with information both ways(read and provide comments or maybe create their own).
• Data became a commodity to be collected, harvested, and sold.
• Websites and applications that let users generate content, social networks became part of our lives, like Facebook, Google+, Orkut, Instagram, Twitter, Google, Wikipedia, and Napster, etc.

Case Study: A glimpse of Web3:

BitTorrent(2001; P2P case)

Their approach:

• Music was stored on many computers connected peer-to-peer(P2P).
• BitTorrent's software was purely decentralized.
• The files were stored as packets on the peers'(those using the file) computer.
• When a request was made for a song, the software would find the packet and send it to the client.

Consequence faced:

• Music industry imposed copyright infringement on BitTorrent.
• BitTorrent was asked to shut down their platform.
• Since they do not control the software once downloaded to a peer.
• If two computers are running the software sharing would still occur.
• Now, BitTorrent is operating today, but with a different business model.

Web 👌🏽

• More Community interaction.
• More connected, open, and intelligent network.
• Distributed ledgers or blockchain technology, smart contracts, machine learning, and artificial intelligence.
• Identity and information will be held by the individual, breaking data exclusivity, both parties now store the communications.
• Bitcoin is the first widely accepted application for the Internet of Value (just as email for Web1).

P.S. - Web 1, Web 2, and Web 3 are interconnected, nobody's going anywhere.🤝🏽

Well folks! that's it for this time. I hope that you've learned something interesting from this one. Make sure to comment on what you've found interesting or any point that I might have missed :)