web3
Web3 (noun) means a proposed model of the internet in which services run on blockchains rather than on servers owned by companies, so that accounts, data and digital possessions belong to users directly instead of to the platforms they use. Example: “The conference was billed as a web3 event, though half the talks were about ordinary web development.”
How to use web3
Learner’s notesIn plain EnglishThe idea of an internet built on blockchains, where you own your account and data instead of a company.
Written web3, Web3 or web 3.0. The term is contested: it is used both as a genuine technical description and as marketing, and some writers avoid it for that reason.
Web3 describes an aim rather than a finished thing. Do not confuse it with the semantic web, an unrelated older idea also once called Web 3.0.
Trace the full origin ↓Fill the gap
Can you complete this real example?
The conference was billed as a _____ event, though half the talks were about ordinary web development.
Etymology
A compound of web and the numeral 3, positioning the idea as a third stage after the early read-only web and the later social and platform web.