NODY - The effective web 3.0 foundation arrangement
Project Overview Web3 (also mentioned as Web 3.0 and sometimes stylized as web3) is an idea for a replacement iteration of the planet Wide Web supported blockchain technology, which contains concepts like decentralization and token-based economics. Web3 is additionally a current iteration of the globe wide web that hosts decentralized apps that run on blockchain technology. Web3 advocates emphasize user privacy and ownership of knowledge. Critics of web3 point to its potential to exacerbate class inequality. There are two ways to define Web3. The quick, easy description could be a blockchain-integrated internet or an online where cryptocurrencies and NFTs are built into the platforms you employ. The more complicated but more specific due to consider Web3 may be a web owned by users. Blockchain could be a key technology behind Web3. it's most-often related to the cryptocurrency bitcoin and is that the technology that underpins it. The bitcoin blockchain is additionally