The Web3 Blog by Founders, Hackers and Programmers
Web3 is is a reimagination of the sorts of things that we already use the Web for, but with a fundamentally different model for the interactions between parties.
A digital currency that is secured by cryptography. True cryptocurrencies are decentralized networks (usually based on blockchain technology) and are not issued or controlled by a central authority.
"Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly." —Vitalik Buterin, Creator Ethereum
Web3 is is a reimagination of the sorts of things that we already use the Web for, but with a fundamentally different model for the interactions between parties.