@leeshuming
Web3 represents the next evolution of the internet—decentralized, user-owned, and powered by blockchain. Unlike Web2 (dominated by tech giants), Web3 gives users control over data, identity, and assets via cryptographic keys. Core components include blockchain protocols, dApps, smart contracts, and token-based economics. Users interact peer-to-peer without intermediaries, enabling true digital ownership (e.g., NFTs) and governance (DAOs). Challenges remain around scalability and UX, but Web3 promises a democratized web where value flows directly to creators and participants.
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