Web3 Innovators

Web3 Perspectives: How Web2 Centralised the Internet

Conor Svensson

In this episode of Web3 Innovators: Insights, we take a deep dive into the transformation of the internet from its decentralized origins to the centralized behemoth it became during the Web2 era.

Key Highlights:

1. The Rise of Web2 

  • Explore how the Web2 era brought about the emergence of tech giants like Google, Facebook, and Instagram.
  • Discover how these companies abstracted essential application protocols, fundamentally altering the internet's structure.
  • Learn how the initial principles of decentralization gave way to centralized services.

2. The Promise of Web3

  • Delve into the world of Web3, where decentralization and open-source development are making a comeback.
  • Explore key standards like ERC-20 and ERC-721 for tokens and non-fungible tokens (NFTs).
  • Understand the significance of Web3 protocols like the Interplanetary File System (IPFS) and Web3 naming services like Ethereum Name Service (ENS).

3. Impact of the Smartphone Revolution

  • Trace the evolution from desktop-centric web usage to the dominance of smartphones.
  • Learn how the app-first approach of smartphones challenged open web standards like HTML5.
  • Understand the role of dedicated apps in transforming the user experience and reshaping the web landscape.

4. Lessons for Web3 

  • Reflect on the past as we contemplate the future of Web3 and its open protocols.
  • Discuss the potential disruptive forces that might redefine the Web3 experience.
  • Consider the importance of learning from history to ensure a thriving, open Web3 ecosystem.

Join us as we unravel the intriguing journey from Web2 centralization to the promise of Web3 decentralization.

Chainlens is a leading blockchain explorer for Ethereum and Substrate networks.
Find out more - http://chainlens.com

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