Forward Protocol and Understanding Web 3.0 Technology | by Forward Protocol | Mar, 2022

  • Web 3.0 is the internet hosted on the core principles of blockchain technology.
  • Decentralization means that the internet will be without central authorities, intermediaries, traditional restrictions, and central databases.
  • Web 3.0 will not be so different from the internet as you know it now. The difference is in the underlying technology.
  • Your Web 3.0 wallet will be your portal to access this new version of the internet.
  • The token-based economy means that you can buy, sell, trade fungible and non-fungible tokens, and manage digital assets from a single interface through which you interact with the World Wide Web.

Author: Traciwininger

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