Trust Wallet
The private key that Trust Wallet generates is a 64-bit string of characters, which is your wallet password. This is your account's unique code which allows you to access your crypto assets.
Last updated
The private key that Trust Wallet generates is a 64-bit string of characters, which is your wallet password. This is your account's unique code which allows you to access your crypto assets.
Last updated
Originally, Web 3.0 was known as the Semantic Web — a term coined by Tim Berners-Lee, the inventor of the World Wide Web. The vision of Web 3.0 is to be an open Internet that is more autonomous and “intelligent” than Web 1.0 and Web 2.0.
Web 3.0 can be defined as a future where distributed machines and users will be able to digitally interact with value, data, and other parties through a stratum of peer-to-peer (P2P) networks without the need for any third parties.
Data will be interlinked in a decentralized way compared to the current status quo, where data is mostly kept in centralized repositories.
While users and machines will have the ability to interact with data, there will be a need for existing programs to recognize information both contextually and conceptually. Thus, the two linchpins for Web 3.0 will be artificial intelligence (AI) and the semantic web. It’s for this reason that Web 3.0 is expected to leave a wave of disruption in its wake as it has the potential to propel us to an open, trustless, and permissionless world wide web.
Although Web 3.0 hasn’t fully arrived yet, there are already applications that are giving us a glimpse into the potential future of Web3.
Web 3.0 will be a result of the evolution of older-generation web tools. But in its wake, it will combine both blockchain and AI. Ideally, Web 3.0 will be an upgrade to its forerunners: Web 1.0 and 2.0.
Web 1.0 was known as the static web and was the first and the most reliable Internet between the years 1989 and 2005.
However, Web 1.0 had little to no user interaction and limited information. Unlike today, where users are able to comment on articles on blogs or websites, that wasn’t possible with Web 1.0.
Additionally, it didn’t have any algorithms to help sift through Internet pages. Users had a hard time finding relevant information when they tried searching for information on the Internet. In its era, only a select few created content, and the information available was largely from directories.
Web 2.0 was driven by three core layers — cloud, mobile, and social.
The advancement in these web technologies made it possible for companies to build web platforms that were and are interactive. Think of Facebook, Instagram, YouTube, and Wikipedia.
