For those who are unfamiliar with Web3, the term relates to the next stage of the Internet's development. Currently, we are in the Web 2.0 stage, which is a network largely operated by huge data centers that store data and run servers. These servers exchange data with client-side processes to make applications run. It's pretty centralized, and its main feature is that the end-point user doesn't own any of their data. Instead, it belongs to the entity that hosts the data. Web3 is different; it...

For those who are unfamiliar with Web3, the term relates to the next stage of the Internet's development. Currently, we are in the Web 2.0 stage, which is a network largely operated by huge data centers that store data and run servers. These servers exchange data with client-side processes to make applications run. It's pretty centralized, and its main feature is that the end-point user doesn't own any of their data. Instead, it belongs to the entity that hosts the data. Web3 is different; it...