DevOps Articles

It’s a Web3 World Now — How the Hype Compares to Web 2.0

Love it or hate it, the term “Web3” has quickly become the latest catchphrase in Silicon Valley. It’s been relentlessly hyped this year by cryptocurrency enthusiasts and investors — and in particular, the venture capital firm Andreessen Horowitz (a16z).

But Web3 is also attractive, in that Web 2.0 platforms like Facebook and Google have become too powerful and potentially even dangerous (privacy issues, disinformation, etc).

However, proponents of the Bitcoin blockchain (the original blockchain) tend not to be so bullish about Web3.

So it’s hard to argue that something called “Web3” could ever happen on the Bitcoin blockchain.