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First google result is on ethereum.org, which says: "Web3, in the context of Ethereum, refers to decentralized apps that run on the blockchain" A slightly bet
by MisterSandman 5y ago
First google result is on ethereum.org, which says:
"Web3, in the context of Ethereum, refers to decentralized apps that run on the blockchain"
A slightly better, less-biased answer from freeCodeCamp:
"Instead, web3 applications either run on blockchains, decentralized networks of many peer to peer nodes (servers), or a combination of the two that forms a cryptoeconomic protocol. These apps are often referred to as dapps (decentralized apps), and you will see that term used often in the web3 space."
Still screams buzzword to me, even though I think the underlying decentralization sounds interesting.