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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.
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