Friday 15 July 2022

Easy Explanation to Web3

Web3 is booming and there's no stopping that. It's not a new technology Web3 Simple Explanation, but it is now the time it is reaching to millions. It is the next major trend for web-based development. The job opportunities in the field of web3 are increasing day by day. There is high need for Blockchain developers Web3 developers, and other positions related to web3. There are many jobs and opportunities for web3 developers and this will increase in the future.

If you are a novice in the web3 development field it may be difficult to understand certain terms and concepts. In the past, Web1 was mostly end-user-oriented. It was for consuming the data. What is Web3

Web2 began with the advent of social media that allowed users to create content on the internet. This led to the rise of the creator of content online and ultimately becoming a well-known celebrity. In this time, the consumers and creators of content grow together.

web3
Web2 is also famous for centralizing data. Large corporations manage all the data in the globe. One company has multiple companies , which means they can acquire data from multiple sources. This was one of the major issues facing the web2 and led to the new revolution in the internet.

WEB3

Web3 is considered the next revolution of the internet. Web3 involves the decentralization information through blockchain-based applications and the use of the token to facilitate economic transactions. Web3 is the term "Web3" was coined in 2014 by Ethereum co-founder Gavin Wood. It is only gaining popularity lately due to the many platforms and resources available to build the blockchain-based app.

Developers has mixed feeling about web3. Some thought it was an unsustainable trend that will not last long. I am a believer in Web3 because of the following reasons:

Communities are growing in recent times to help in learning and developing There are startup ideas revolving around web3

Businesses are creating tools to help the development process. There are grants available for web3-related projects

I highly suggest web developers to play around with the web3 at least for once. Web2 and Web2 and Web3 will co-exist with one another in the near future. Let's move forward to understand Web3 more thoroughly. Blockchain is a unmodifiable ledger system that keeps track of the transaction . It is shared across the node i.e the computer that is participating in the network. Blockchain Development

The concept of blockchain was first popularized by one person (or group of individuals) using the presumed pseudonymous name Satoshi Nakamoto in 2008. Blockchain solved the problem of decentralization of data on Web2. Because information is distributed between the different nodes, there is no single person or entity possessing all the data.

Web3 Applications are founded on blockchain concept. Bitcoin is an example of blockchain. It works as a ledger system for payment but blockchain can be used to conduct any type of data transaction. There is various network based on blockchain, including Ethereum, Polygon, Solona, Avalanche, and other.

Dapp and Decentalized applications are those application that uses smart contract, which are based on blockchain network to function.

dApp

Dapp(Decentralized application) is the same program as a web-based application, that only extends smart contracts. It is possible to split the Dapp into the following parts:

It's the norm when it comes to web design. You must have your front end developed with HTML, CSS, and JavaScript. You can use any framework such as React, NextJS, or any other framework.

The backend can be used to interact with the smart contract that is deployed in the network. You can integrate this feature into your frontend, however separate the frontend and the backend will help you manage the app easily.

Smart Contract will be deployed on the blockchain network. Our application will interact with it for the functioning for the app.

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