Web 3.0 might not be working at its full capacity yet. But it’s going to boom in the future. Don’t believe us?
There were so many social networks in the market. Some prominent players like Facebook, Twitter, Reddit, and many others are already nailing the game.
Then why is UpSocial trying to build something like a decentralized social network? Couldn’t we build a traditional social network with the same features?
Well, the answer lies with technology. Remember how Vine, MySpace, and several other social networks stopped looking appealing just because they didn’t update themselves? That happened with Kodak for not upgrading to digital cameras and Nokia for not upgrading to smartphones.
UpSocial is a decentralized social network that works on the Binance Chain. It’s the age of Web 3.0, and the web is gradually shifting without users realizing it.
We have posted a dedicated blog post telling why we need a decentralized social network.
Before proceeding with the explanation of Web 3.0, I need to make you understand the previous versions of the web.
What is Web 1.0?
According to the International Journal of Research and Scientific Innovation (IJRSI) paper, Web 1.0 was first coined by Tim Berners-Lee in 1989.
People could only view the information provided by the web pages; hence this era is also called the ‘Read-Only Web’.
It was obvious. Being the first generation of the web, users could only load the webpage and read the information. Publishers and companies would publish the articles and information on static websites.
It was a one-directional way, and no interaction was possible.
What is Web 2.0?
With the evolution of websites and technology, it became possible to interact with the websites and communication started getting bi-directional in nature.
From ‘read-only’ Web 1.0, we started shifting to ‘read-and-write’ Web 2.0.
Social networking sites like Facebook started growing. People started making their personal blogs and social profiles. Online communities started flourishing. Websites became dynamic in nature.
As per the Research Gate paper, Web 2.0 was coined by Darcy DiNucci in 1999 and later popularized by Tim O’Reilly and Dale Dougherty at the first O’Reilly Media Web 2.0 Conference in late 2004.
Finally, what is Web 3.0?
Web 3.0 started involving artificial intelligence and machines. While we needed humans and organizations to monitor, it’s no more needed now.
It enabled distributed users and machines to interact with data and value using peer-to-peer networks without the need for third parties.
For instance, we had banks and Government bodies to monitor the cash flow and finance. Now? Blockchain is monitoring transactions using a network of people.
Users can not only read and write but also own the power to control their data. Decentralization became the foundation of Web 3.0 along with other aspects like Artificial Intelligence and 3D.
Web 3.0 was first coined by John Markoff of the New York Times, and he suggested Web 3.0 as the executable web in 2006.
However, it is essential to understand that none of these years are officially declared as start and end because they still exist. None of the previous versions ended. They just lost the dominance.
There is no clear timeline of this evolution of web versions as they overlapped and the ecosystem gradually shifted. So, it’s not about the accurate dates and years of the start and the end.
If we refer to a popular document by the International Journal of Computer Science and Information Technologies (IJCSIT), we get a rough timeline.
According to the document, Web 1.0 started somewhere around 1996 when the Internet became common among the people and lasted until 2004.
Then Web 2.0 is considered to have started in 2004 till 2016. Meanwhile, Web 3.0 has already started in 2016.
Web 3.0 involves not only the consumers and companies to produce but also smart devices and artificial intelligence.
With Web 2.0, people realized that too much power lies with the centralized agencies that manipulate the data and apply censorship. We can’t ignore the single failure point too.
That’s what DeFi (Decentralized Finance) and DApps (Decentralized Apps) did with the existing systems.
UpSocial is not the only entity using this technology. We have multiple examples.
IPFS is a decentralized file storage mechanism for hosting websites and apps. It’s a great example of how mega servers of tech giants can be replaced by a network. Another example is Filecoin, which is decentralized storage for storing files.
Services like ENS or Unstoppable Domains provide even decentralized domain names.
Even the journey of the query from the user to getting answers on the browser is much different. Otherwise, it would help if you had a wallet like MetaMask extension on Chrome browser to carry out these processes.
This is the whole reason why you needed a MetaMask wallet to participate in presales of UpTokens. I have mentioned the guide here.
In short, the whole existence of UpSocial is aiming for the decentralization of social networks that promotes freedom of speech and non-interference of algorithms.
Users own the UpGroups, and other users join these groups as per their interests. Imagine it like Reddit, but better and decentralized.
Do you want to join the discussion or know what precisely the UpSocial team is working on?
Join us now to stay updated with the team and UpSocial.