What’s with this web 3.0 everyone is talking about?

Intro

The web, as we know it, is a series of centralized repositories that are very large and full of data (i.e. all the data in the world). Some repositories, such as Google, Facebook, Amazon and YouTube, are owned and controlled by one, or a few entities, generally the people or companies who built them.By the nature of the centralized web, it is very difficult for most of us to get to know the people who created and run these repositories., and once we do know them, we tend to see them as our own personal friends.
That social relationship can be a powerful tool.

With the decentralized web, however, it is not only possible to own and operate these repositories, we are encouraged to do so!

The web is not what it used to be anymore. It’s evolving to an open platform where anyone can publish content; anyone can be compensated for it; and no one owns or profits from it or from its use.

The web 3.0 (or Web 3) is a network protocol that allows any user to publish content anywhere on the internet, while allowing users to benefit from other users’ content without being subject to its censorship or its scrutiny. It enables individuals to own, and be properly compensated for, their time and data, as well as allows greater monetization opportunities for content…