Web3 was the term created 2014 to originally describe three properties (protocols) that decentralised networks can bring to web without need to rely on centrali

Web3 was the term created 2014 to originally describe three properties (protocols) that decentralised networks can bring to web without need to rely on centralised service providers. Web + 3 = web3: - eth: making transactions with smart contracts - bzz: decentralised storage - save files - whisper: peer-to-peer messaging, chat, etc. More about the history of web3 in my Twitter thread here: https://mobile.twitter.com/moo9000/status/1484463889224024064 https://mobile.twitter.com/moo9000/status/148446388922402406... However the usage of the term and it meaning has corrupted over the years, especially when marketing people took it over.