The Web3 Ecosystem: A Decentralized Future
The Web3 ecosystem is an evolving framework of technologies, protocols, and platforms that work together to enable decentralized applications (dApps) and services. At its core, Web3 leverages blockchain technology to shift the control of digital assets, data, and transactions away from centralized entities (like big tech companies and governments) and back into the hands of individual users. The ecosystem is designed to promote privacy, transparency, and user sovereignty in a way that Web2 (the current version of the internet) cannot.