Web5 vs Web3: A Quick Glance

Blockchain reliance: Web3 heavily relies on blockchain  (crypto, tokens, smart contracts)	
While web5 relies minimally or not at all. 

Identity: web3 is often via wallets (e.g., MetaMask)	while web5 is solely Decentralized Identifiers (DIDs)

Data storage: web3 data is stored	On-chain or IPFS	while web5 data is stored on decentralized Web Nodes (user-owned)

Monetization: in web3 monetisation is Token-based	while in web5 it's totally Utility and privacy focused, say good bye to memecoins 😕👋 

Philosophy: web3 is trustless, incentivized via crypto	 while for web5 it's user agency, privacy-first, no tokens

Who’s Behind Web5?

Jack Dorsey and his team at TBD are spearheading the development. Their motivation? To decentralize identity and data in a way that actually serves users, not markets. The Web5 project leverages Bitcoin infrastructure for certain trust primitives but doesn’t require token speculation to function.

Is Web5 Better Than Web3?

In many ways, yes. Especially if you care about:

>Simpler UX (no wallets or gas fees)
>True data ownership
>Reducing reliance on centralized identity providers
>Building apps that respect user privacy

While Web3 tries to do this, it often gets bogged down in economic incentives, financial speculation, and fractured ecosystems.

Web5 takes a toolkit-first approach no hype, just infrastructure.

A harbinger of enlightenment. always open to talk about the future #npub1jkgq42wzx6wkp9vn49ze6ly3vay8z5qychzmzsvyh9ms3rgxeqasnrqdqd