# Web3

By [Artage](https://paragraph.com/@artage) · 2023-04-12

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Web3 is **the name some technologists have given to the idea of a new kind of internet service that is built using decentralized blockchains** — the shared ledger systems used by cryptocurrencies like Bitcoin and Ether. The term has been around for years, but it has come into vogue in the past year or so.

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*Originally published on [Artage](https://paragraph.com/@artage/web3)*