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But if you think that’s as far as the internet will go, think again. Just as Web2 uses social, mobile and cloud technologies to make the internet more interactive and accessible, Web3 uses blockchain technology to make digital interactions decentralized and trustworthy.
So it makes sense that when he first heard about blockchain, he thought of it in the context of Bitcoin.
While Web2 and Web3 share similar frontends, Collins says the difference is in how the backend utilizes Solidity as the backend.
Check out this week’s Decoded podcast to learn more about the challenges and opportunities of developing for Web3 and working with smart contracts.
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