The internet has changed a lot in the past 20 years. While social media and other massive interconnected spaces are now common, they were once fairly unheard of. One change that’s definitely shaken up the world, even beyond the internet, is the development of tech companies that now rule much of the internet space.
While Web 2 as we currently know it has a range of benefits, it’s also incredibly entrenched in capitalist ideals. The for-profit format of the internet has turned every user into little more than a source of continual data, with farming from Facebook and other tech businesses expanding across the entire internet.
With the power that governments and large tech conglomerates have, censorship is also incredibly common on Web 2. With the need to make a profit at the heart of most internet endeavors, people must play by the rules of the government jurisdiction they fall under, or the tech company’s platform they’re using.
Due to how the Web 2 internet works, users can easily be tracked with IP addresses, meaning that censored content can always be traced back to certain individuals. With this level of surveillance and compliance, people want a change.
This desire, combined with the expansion and rapid development of blockchain technology, has led to Web 3 quickly coming into the light as a future potential. Web 3 is a new iteration of the internet that places a focus on community-driven content and individual ownership.
In this article, we’ll dive into the Web 3 internet that is projected for the future, demonstrating what core ideals this system holds, as well as how blockchain technology will liberate individuals from the complete influence of tech companies and governments.
What are the Fundamentals of Web3?
The blockchain technology that powers Web 3 provides it a unique set of fundamental structures to rely on. With this decentralized approach, Web 3 doesn’t have to base itself on technology created by tech platforms or governments. The addition of decentralized nodes ensures that Web 3 is completely detached from the world of Web 2, giving it a fresh start to build as it pleases.
With this in mind, Web 3 offers a range of new fundamentals:
- Individual Ownership – instead of everything being owned by tech companies, individuals have complete ownership of the content they create. Think of social media platforms where you actually own the photos you post or posts you create, thanks to NFT tech.
- Anonymous – Decentralization allows people to avoid censorship and achieve true anonymity online, if they’d like to.
- 3D applications – The Metaverse and other 3D applications will bring the internet into a digital sphere.
While this is not an extensive list, they represent the core of Web 3. Web 3 pushes for community involvement, gives power back to the people, and provides a truly decentralized space in which people can create and host content however they would like.
With over $1 trillion dollars currently in blockchain technology, this system has all the financial backing it needs to flourish – and fast.
How Does This Give Power Back To The People?
On Web 3, users are able to use decentralized cloud services like tomi to get their very own web domains. These domain name systems (DNS) will work almost equally to Web 2, with the additional influence of blockchain technology. Each IP address (internet protocol) that accompanies the domain will be a human-readable address.
Instead of a long string of numbers that IP addresses currently use, Web 3 will use NFT tech to control domains more precisely. As each NFT is impossible to duplicate, this would allow each site to be completely unique. Highly-valuable domains would be traded on the market, with users being able to mint free ones in their own name.
Web 3 domains would slightly differ in terms of what .coms they use. While .net, .co, and .com are the main domains within Web 2, Web 3 would use .dao, .crypto, and .eth – as general examples. As these systems are completely decentralized, Web 3 takes power away from larger tech giants that currently have near total control of Web 2.
Embracing this alternative style of creating an expansive and interconnected website ensures that people have more control over their own websites. A company like tomi allows individuals to get access to a range of uncensored websites, with the control fully falling to them.
With this, they can host whatever they want online, free of the stringent censorship rules that are set in place by tech conglomerates. A community that’s driven by individuals in the form of a decentralized autonomous organization provides a fairer way of constructing the internet. Equally, as this is a decentralized system that’s accessed through connecting to nodes, there is no fixed IP address to track people with.
This means that, if one wanted, they could achieve a level of anonymity that is simply not possible at current with Web 2.
Instead of a few key players having control over the internet, the system that tomi and other Web 3 internet providers pose is driven by the individual. This fairer, more community-based system will liberate users from the control and censorship that’s common in Web 2.
As Web 3 continues to develop and become a more realized iteration of the internet, we’re likely to see even more news about its achievements. With companies like tomi heading up the charge, Web 3 is actively building a system that puts the individual first. Taking power away from large tech companies and giving it to communities, Web 3 promises to be an exciting new time in the internet’s lifecycle.
Moving away from the traceable and fixed style of previous IP and DNS internet functioning, this totally decentralized system will allow individuals to rapidly create new sites based on NFT technology. With total control over their website, individuals will become empowered, with Web 3 signaling a turning point for the internet.
We can’t wait to see just how far Web 3 will go to change the current dynamic of the internet.