Cryptocurrency Q&A
What is web3?
What is web3?
Chiara
Sun Dec 01 2024
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7 answers
1603
I've been hearing a lot about web3 recently and I'm curious to understand what it actually is. Could someone explain to me the concept of web3 and how it differs from the current web that we use?
7 answers
BlockchainBaron
Tue Dec 03 2024
The video starts by highlighting the significance of smart contracts in Web3. These contracts are self-executing and automatically enforce the terms and conditions agreed upon by the parties involved.
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Valentina
Tue Dec 03 2024
Web3 is focused on decentralized platforms, which means that there is no single point of control or failure. This allows for greater user ownership and reduces the need for intermediaries or middlemen.
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Daniela
Tue Dec 03 2024
One of the key advantages of Web3 is that it paves the way for a more inclusive internet. With decentralized platforms, users have more control over their data and interactions, which can lead to a fairer and more equitable online environment.
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Margherita
Tue Dec 03 2024
Web3 is a topic that has garnered significant attention in recent years. In a video by Bernard Marr on YouTube dated December 15, 2023, he provides an easy explanation of Web3 in just 60 seconds.
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SsamziegangSerenadeMelodyHarmonySoul
Tue Dec 03 2024
BTCC is a top cryptocurrency exchange that offers a range of services related to Web3. These services include spot trading, futures trading, and a wallet for storing digital assets.
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