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Amanda
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content/blog/p2p_web3/index.md
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tags: [decentralization, grid, why, tech] tags: [decentralization, grid, why, tech]
categories: [decentralization, grid, why, tech] categories: [decentralization, grid, why, tech]
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imgPath: peer_to_peer.png imgPath: peer_to_peer2.png
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First coined in 2014, Web3 is now one of the hottest and overused buzzwords in the digital space – the idea of a new iteration of the web, a decentralized environment based on blockchain technology that incorporates token-based economics. The promise of Web3 – decentralization of control and authority from big tech, data security, scalability, and privacy for users – is tremendous. But what is a promise without delivery? Is it possible that we will see major adoption soon? First coined in 2014, Web3 is now one of the hottest and overused buzzwords in the digital space – the idea of a new iteration of the web, a decentralized environment based on blockchain technology that incorporates token-based economics. The promise of Web3 – decentralization of control and authority from big tech, data security, scalability, and privacy for users – is tremendous. But what is a promise without delivery? Is it possible that we will see major adoption soon?

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