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That's not what web3 refers to. The new decentralization means: 1) backend running as code on a blockchain spread across the nodes instead of a single provider
by manigandham 5y ago
That's not what web3 refers to. The new decentralization means:
1) backend running as code on a blockchain spread across the nodes instead of a single provider
2) user accounts are nothing more than a wallet address and completely controlled by the end user
3) transactions and ownership of tokens between addresses are controlled by users without any middleman control, approval, or censorship.
Web3 still runs on all the same internet architecture as the rest of the web. It's still TCP/IP underneath, and browsers with JS providing frontends.
- samtheprogram 5y agoYes. Watch that become centralized. If it goes mainstream, it will happen.