As a developer, you must have heard the terms "web3", "blockchain" or "cryptocurrency" whether it's on the news, at the office, or talking to friends. As of last year, there was a lot of hype surrounding the web3 and cryptocurrency space. You might be wondering "What's fueling all this hype?", "Is the new technology here to stay?", "What is the whole web3 thing about?", "What problems does it solve?". To answer all of these questions, we first need to understand the history and development of the web, and what brought us here.
network development
The web as we know it has come a long way since its inception (web1). Let's go on a journey and see how we got here. Let's go back to the 1980s when it all started.
Web 1.0 , also known as the Read-Only Internet, is the first adoption of the Internet, where companies use