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Web3 vs Web1 & Web2: A Concise Comparison
Web1 (1990s–2000s): Read-Only Internet
Users mainly browsed static pages with little interaction.
Content was created by a few institutions; data was controlled by the websites.
Web2 (2000s–Present): Read-Write Internet
Users can create and share content; social interaction is strong.
Platforms control data and traffic; user-generated value mostly benefits the platforms.
Web3 (Emerging): Value-Connected Internet
Decentralized, blockchain-based; users own their data and can participate in governance.
Tokens and smart contracts enable direct value flow; emphasizes privacy and transparency.