-
ARS 1,291.60 (+0.08%) -
BTC 69,631.41 (+0.53%) -
COP 3,849.00 (-0.65%) -
ETH 3,688.51 (+0.38%) -
PEPE <0.01 (+5.74%) -
PEOPLE 0.12 (-8.25%) -
SOL 160.03 (+1.57%) -
HIGH 4.30 (-7.33%) -
WIF 2.77 (+4.29%) -
FLOKI <0.01 (-0.67%) -
ORDI 58.01 (-2.47%) -
DOGE 0.15 (+0.32%) -
OM 1.09 (+19.41%) -
BONK <0.01 (+2.66%) -
TRU 0.24 (+21.71%) -
XRP 0.50 (+1.16%) -
JASMY 0.04 (+3.51%) -
BOME 0.01 (+2.17%) -
FIL 6.09 (-1.73%) -
BICO 0.64 (+7.53%) -
INJ 27.56 (-1.47%) -
SUI 1.07 (-0.37%) -
CHZ 0.13 (+6.68%) -
NEAR 6.47 (-1.72%) -
WLD 4.17 (-1.09%) -
TRX 0.12 (+2.66%)
How Web3 Is Revolutionizing the Internet
Published: 2023-06-05
Web3 has come a long way since its inception, and today it is revolutionizing the internet in more ways than we could have ever imagined. The digital world has been making strides in different aspects of our life, from the simple act of sending out a tweet to communicating with people across the world, and Web3 is going to take that to the next level. In this article, we will discuss the five main ways in which Web3 is revolutionizing the internet.
Main topics
1. Decentralization
2. Enhanced Security
3. Increased Accessibility
4. New Business Models
5. Personal Data Control
Decentralization Decentralization is the backbone of Web3. Centralized platforms like social media and online marketplaces are increasingly being exposed to bias, control, and censorship. Web3 is decentralized in terms of data storage, apps, and communication, allowing users to be in charge of their data, control the apps they use, and reduce the effects of censorship. Platforms that use blockchain technology are at the forefront of achieving decentralization.
Enhanced Security Web3's security is far superior to Web2's. With end-to-end encryption and blockchains that record every transaction, user data can be stored and sent without the risk of it being intercepted. Centralized platforms have security failures regularly, resulting in breaches that expose user information to the world. Web3's encryption technology also provides a level of anonymity and privacy.
Increased Accessibility Web3 is addressing accessibility issues that impact people globally. Decentralized finance, or DeFi, is a crucial part of Web3, offering a new level of access to financial products and services for those who do not have the luxury of traditional banking. Decentralized applications, or dApps, can be coded to run natively on mobile devices without a central authority. This approach lends itself to providing internet access to regions with few resources and limited infrastructure.
New Business Models The decentralized aspect of Web3 eliminates intermediaries, thus allowing for new business models that reward users directly. Web3 allows developers to create decentralized applications that follow specific guidelines and conditions with financial incentives backed up by blockchain technology. This concept opens up various new opportunities for monetization and enables individuals to participate in innovative business models that they were previously shut out from.
Personal Data Control One of the critical features of Web3 is allowing users to control their data. You are no longer required to give away your data to use a service in the same way as with centralized platforms. Blockchain technology ensures that your data is stored in a tamper-proof manner, and the ability to control who has access to your data always stays with you. This aspect of data control means more secure and private surfing, with only authorized entities getting access when explicit permission is given.
Conclusion Web3 is still in its infancy, and while it has accomplished much in a short period, it is just the beginning. From decentralization to new business models, enhanced security, increased accessibility, and personal data control, the possibilities are endless. The internet is changing, and Web3 will be central to this change.
Written by AI (Artificial Intelligence)
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,291.60 | 1,686,722,570.10 |
| 2 | BTC |
69,631.41 | 750,046,809.70 |
| 3 | COP |
3,849.00 | 404,290,164.00 |
| 4 | ETH |
3,688.51 | 381,935,748.19 |
| 5 | PEPE |
<0.01 | 260,555,745.83 |
| 6 | PEOPLE |
0.12 | 218,260,680.49 |
| 7 | SOL |
160.03 | 210,171,349.31 |
| 8 | HIGH |
4.30 | 118,380,784.46 |
| 9 | WIF |
2.77 | 106,677,803.72 |
| 10 | FLOKI |
<0.01 | 91,970,043.56 |
| 11 | ORDI |
58.01 | 85,779,232.81 |
| 12 | DOGE |
0.15 | 61,251,058.65 |
| 13 | OM |
1.09 | 60,222,425.38 |
| 14 | BONK |
<0.01 | 55,167,756.62 |
| 15 | TRU |
0.24 | 54,819,570.10 |
| 16 | XRP |
0.50 | 52,494,788.63 |
| 17 | JASMY |
0.04 | 49,572,710.23 |
| 18 | BOME |
0.01 | 46,085,678.72 |
| 19 | FIL |
6.09 | 43,063,068.27 |
| 20 | BICO |
0.64 | 42,007,530.99 |
| 21 | INJ |
27.56 | 40,061,079.17 |
| 22 | SUI |
1.07 | 37,805,323.16 |
| 23 | CHZ |
0.13 | 32,414,073.70 |
| 24 | NEAR |
6.47 | 30,667,942.46 |
| 25 | WLD |
4.17 | 30,201,212.00 |
| 26 | TRX |
0.12 | 29,942,044.26 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | TRU |
0.24 | +21.71 |
| 2 | OM |
1.09 | +19.41 |
| 3 |  ROSE |
0.12 | +13.71 |
| 4 |  ARK |
0.85 | +13.48 |
| 5 |  POLYX |
0.49 | +12.40 |
| 6 |  HIFI |
0.76 | +10.90 |
| 7 |  PUNDIX |
0.54 | +10.26 |
| 8 |  AVA |
0.84 | +9.76 |
| 9 |  DIA |
0.47 | +9.72 |
| 10 |  LTO |
0.18 | +8.91 |
| 11 |  LEVER |
<0.01 | +8.88 |
| 12 |  DUSK |
0.49 | +8.76 |
| 13 |  VGX |
0.09 | +8.07 |
| 14 |  RSR |
<0.01 | +7.61 |
| 15 | BICO |
0.64 | +7.53 |
| 16 |  MAV |
0.44 | +6.81 |
| 17 | CHZ |
0.13 | +6.68 |
| 18 |  BLZ |
0.28 | +5.87 |
| 19 | PEPE |
<0.01 | +5.74 |
| 20 |  VIC |
0.44 | +5.64 |
| 21 |  ORN |
1.70 | +5.48 |
| 22 |  MASK |
3.28 | +4.93 |
| 23 |  YGG |
0.88 | +4.89 |
| 24 |  AGLD |
1.61 | +4.75 |
| 25 |  BURGER |
0.67 | +4.67 |
| 26 |  AKRO |
<0.01 | +4.62 |
| 27 |  KNC |
0.74 | +4.52 |
| 28 |  QI |
0.02 | +4.50 |
| 29 |  GNS |
3.17 | +4.38 |
| 30 | WIF |
2.77 | +4.29 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  ATM |
3.04 | -8.57 |
| 2 | PEOPLE |
0.12 | -8.25 |
| 3 | HIGH |
4.30 | -7.33 |
| 4 |  ASR |
3.04 | -5.74 |
| 5 |  PYR |
4.82 | -5.27 |
| 6 |  REZ |
0.14 | -4.98 |
| 7 |  DEXE |
13.00 | -3.66 |
| 8 |  BAR |
2.38 | -3.48 |
| 9 |  ENS |
20.48 | -2.75 |
| 10 |  ALICE |
1.65 | -2.59 |
| 11 |  WAVES |
1.33 | -2.50 |
| 12 | ORDI |
58.01 | -2.47 |
| 13 |  LRC |
0.22 | -2.38 |
| 14 |  PSG |
3.44 | -2.33 |
| 15 |  CITY |
2.76 | -1.99 |
| 16 |  XVS |
9.87 | -1.99 |
| 17 |  SPELL |
<0.01 | -1.85 |
| 18 |  1000SATS |
<0.01 | -1.84 |
| 19 |  WOO |
0.28 | -1.77 |
| 20 | FIL |
6.09 | -1.73 |
| 21 | NEAR |
6.47 | -1.72 |
| 22 |  ACM |
2.18 | -1.72 |
| 23 |  OMNI |
15.98 | -1.66 |
| 24 |  SAGA |
2.21 | -1.66 |
| 25 |  COMBO |
0.75 | -1.61 |
| 26 | INJ |
27.56 | -1.47 |
| 27 |  UNI |
9.79 | -1.45 |
| 28 |  ZEN |
7.80 | -1.39 |
| 29 |  JUV |
2.18 | -1.36 |
| 30 |  VOXEL |
0.24 | -1.27 |
Bitcoin's Greed and Fear Index.
?72
Greed
Global CryptoCurrency News
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | NFIB Small Business Index | Tuesday | 11-06-2024 | 11:00 |
| 2 | 10-y Bond Auction | Tuesday | 11-06-2024 | 18:01 |
| 3 | Core CPI m/m | Wednesday | 12-06-2024 | 13:30 |
| 4 | CPI m/m | Wednesday | 12-06-2024 | 13:30 |
| 5 | CPI y/y | Wednesday | 12-06-2024 | 13:30 |
| 6 | Crude Oil Inventories | Wednesday | 12-06-2024 | 15:30 |
| 7 | Federal Funds Rate | Wednesday | 12-06-2024 | 19:00 |
| 8 | FOMC Economic Projections | Wednesday | 12-06-2024 | 19:00 |
| 9 | FOMC Statement | Wednesday | 12-06-2024 | 19:00 |
| 10 | Federal Budget Balance | Wednesday | 12-06-2024 | 19:00 |
| 11 | FOMC Press Conference | Wednesday | 12-06-2024 | 19:30 |
| 12 | Core PPI m/m | Thursday | 13-06-2024 | 13:30 |
| 13 | PPI m/m | Thursday | 13-06-2024 | 13:30 |
| 14 | Unemployment Claims | Thursday | 13-06-2024 | 13:30 |
| 15 | Natural Gas Storage | Thursday | 13-06-2024 | 15:30 |
| 16 | Treasury Sec Yellen Speaks | Thursday | 13-06-2024 | 17:00 |
| 17 | FOMC Member Williams Speaks | Thursday | 13-06-2024 | 17:00 |
| 18 | 30-y Bond Auction | Thursday | 13-06-2024 | 18:01 |
| 19 | Import Prices m/m | Friday | 14-06-2024 | 13:30 |
| 20 | Prelim UoM Consumer Sentiment | Friday | 14-06-2024 | 15:00 |
| 21 | Prelim UoM Inflation Expectations | Friday | 14-06-2024 | 15:00 |
