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BTW: I see people being confused about what web3 even means. If I had to define it I'd say its the group of technologies and infrastructure that support 'decent
by Uptrenda 5y ago
BTW: I see people being confused about what web3 even means. If I had to define it I'd say its the group of technologies and infrastructure that support 'decentralized applications.' The term probably comes from Ethereum where several layers are used to run an application: like 'decentralized DNS' (find an app), 'decentralized file storage' (stores front end code), 'business logic for the application' (blockchain), and so on.
It's a powerful idea but it doesn't make sense to try write every app as a dapp. For example, there's probably no benefits to putting cat pics as a dapp and making them sharable in perpetuality. But a decentralized exchange could be useful.