Unlocking Web 3.0: Blockchain Made Simple

Welcome to the Future of the Internet

Imagine a world where you don’t need to trust a bank to send money, a platform to prove you own digital art, or a company to protect your personal data or a world where your content on socials is owned by you and not the platform. That’s Web3 — a decentralized internet powered by blockchain technology. In this post, we’ll break down the essentials of Web3 and blockchain in simple terms with relatable examples. Let’s dive in!

Web3

Web 3.0 is the next phase of the internet. Think of it as an upgrade from Web 2.0, which brought interactive web experience which was not possible in Web 1.0 which only showed static pages on browser. Web 2.0 is the internet we use today — interactive, dynamic, and driven by user participation in creating content, online shopping, and apps, all of which are predominantly controlled by large tech companies. Unlike Web 2.0, Web 3.0 is decentralized, which means no single company or authority owns it. Instead, power is distributed among users.

Web2 is like renting a house.
Imagine you’re living in a house that belongs to a landlord. The landlord controls the property — you can live there, but you don’t own it. The landlord sets the rules: maybe they can raise the rent, change the terms of the lease, or even…