What Is Web 3 and Why Is Everyone Talking About It?

What Is Web 3 and Why Is Everyone Talking About It?
Web 3 – also known as “Web3″ or “Web 3.0″ – is a term you may of heard thrown around a lot lately. It simply refers to the next iteration of the internet that promotes decentralized protocols and aims to reduce dependency on large tech companies like Youtube, Netflix and Amazon. But what is it, and why is it on everyone’s minds?What is Web 3?To understand Web 3, it makes sense to understand what came before. The first version of the Internet – known as Web 1 – arrived in the late 1990s and comprised a collection of links and…