So just some general introduction:
Web 1.0 was basically the early days of the web where it was largely static and practically only allowed users to read information.
Web 2.0 was mostly about interactivity and “frontend” usability, and also connected with the growth of social media platforms.
One application on Web 3.0 I see that cannot be replicated on Web 2.0 is DeFi
No doubt that blockchains and NFT concepts are an innovative and unique piece of technology, allowing for the first time in history to create scarcity on a digital system. But here are some underlying issues that probably needs to be addressed:
Every piece of data you write into the blockchain in Web 3.0 costs gas fees, which, despite their small size, act as a psychological disincentive, with most individuals unwilling to abandon the free domain of Web 2.0, even if it means sacrificing their personal data.
Sleek and modern implementations of existing Web 2.0 apps (centralized social media) into Web 3.0 (decentralized social media) not only face the issue I described above, but I was wondering how someone maintains privacy in an environment where every data they enter is public on the blockchain?
One of the main advantages I see about Web 2.0 on centralized social media is how they filter unwanted content like NSFW, cyberbullying and hate speeches to name a few which might be a problem if we go fully decentralized.
This is why I believe Web 3.0 will still kind of be like Web 2.0 with still the key centralized elements intact and also why web3 content networks make sense where users will own their content since their keys allow them to manage updates. You also reap the majority of the great benefits of Web 3.0 while also removing its drawbacks.
Well what do you guys think?