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What is Web 3.0?
(lemmy.ml)
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this post was submitted on 01 Jun 2024
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"Web3" is the crypto stuff. "Web 3.0" is federation.
Obviously, no one has a trademark on these names, anyone could make up a meaning, but yeah, these two definitions/names exist already.
They're aspects of the same thing: decentralization/federation. The idea of Web 3.0 is to transition from massive centralized services to distributed federated services. The Fediverse is on the social media side of things (displace entities like Facebook), crypto is on the finance side of things (displace entities like Bank of America), NFTs are supposed to be on the distribution side of things (displace entities like Ticketmaster).