Sunday 10 July 2022

Easy Explanation to Web3

Web3 is on the rise and there is no stopping it. It is not new but at the moment it is reaching to large numbers. It is the next major thing for web-based development. The job opportunities in the web3 field are increasing day by day. There is high demand for blockchain developers, Web3 developers, and other jobs associated with web3. There are many jobs and opportunities in web3 and it will rise in the future.

For someone who is just beginning in the web3 development field it may be difficult to grasp specific terms and concepts. Before Web3 Video Presentation, Web1 was mostly end-user-oriented. It was for consuming the information.

Web2 began with the advent of social media Web3 Easy Tutorial, which allows users to create content via the internet. This has led to the popularity of the creator of content on the internet and eventually becoming a celebrity. During this period the content creator and consumer both increase in popularity.

web3
Web2 is also known for its centralization of data. Big companies mostly manage the data of the whole world. One company has multiple companies to acquire different information from different sources. This was one of the problems for the internet2 and caused the new revolution in the internet.

WEB3

Web3 is regarded as to be the next major revolution in the internet. Web3 is the decentralization of data through blockchain-based applications , as well as the use of tokens for economics. The term "Web3" was coined in 2014 by Ethereum co-founder Gavin Wood. The term has only gained traction in recent years due to the abundance of resources and platforms available to develop the blockchain-based application.

Developers has mixed feeling about web3. Some consider it to be a trend that won't last for long. Some do believe in Web3 due to following reasons:

Community is building in recent times for learning and development. There are startup ideas revolving around web3

Companies are developing tools to aid in the development process. There are grants to web3 projects

I highly recommend web developers to test the web3 at least for once. Both Web2 as well as Web3 will be able to coexist with one another in the near future. Let's move forward to understand Web3 more thoroughly. Blockchain is a unmodifiable ledger system that records the transactions and is shared with the node i.e the computer that is participating on the internet. Blockchain Development

The concept of blockchain was popularized by a person (or group of individuals) using the presumed pseudonymous name Satoshi Nakamoto in 2008. Blockchain solved the issue that data was distributed across the world via Web2. Since all data are shared between the different nodes, there's no one particular person or organization possessing all the data.

Web3 apps are built on the blockchain concept. Bitcoin is an example of blockchain. It is an electronic ledger system to pay for transactions but blockchain can be used to facilitate any kind of data transfer. There are many networks that are built on blockchain like Ethereum, Polygon, Solona, Avalanche, and other.

Dapp and Decentalized applications are the applications that use a smart contracts that is based on blockchain network to function.

dApp

Dapp(Decentralized application) is the same app as a web-based application, with the sole exception of smart contracts. It is possible to split the Dapp into the following sections:

This is as it is when it comes to web design. You need to build your front-end using HTML, CSS, and JavaScript. You can choose any framework, like React, NextJS, or anything else.

You can utilize the backend to connect to the smart contract that is deployed on the network. It is possible to implement this into your frontend, however separate the frontend and the backend can help you manage the app more easily.

Smart Contract will be deployed on the blockchain network. Our application will be interacting with it to facilitate the use of the application.

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