goal: Web5: What it is? What should we expect? What will the future of the internet look like?

goal: Web5: What it is? What should we expect? What will the future of the internet look like?

< Show Wisdom Collection: Web5: What it is? What should we expect? What will the future of the internet look like?article avatarChiamaka Bernard

cryptolord and analyst

What do you think about the Web5 concept? Is it better than Web3? In what ways? Please elaborate.

They Web 5 Innovation came so close even with the presence of the web 3 and the shock was that the web 3 was to ignored admist powering the web 5 project,Thus, the web 5 combined schemes from the web 3 Innovation to make an Appealing and most decentralized environment where by trading could be totally subject to a Single cryptocurrency trader. And with this effect it will bring in more traders to invest in the project. So far, it could be analysed that the web 5 project powdered by BTC will deliver a more decentralized community.

What are the possible use cases of web5?

They possible usecase is to emerge as a system that allows one to Own the full sketch of data and being able to control them without limitations of any kind, this is fair enough to build a bigger decentralized chain.

How web5 could influence the crypto market?

I build this from the relevancy of trust, investors in real Sense prefer an ecosystem which is fully charged by one single user ID and such influence tends to pull together investors with a Common goal towards investing and building a network with better yield options.

article avatarOkikiola Solomon

Student, crypto analyst and content writer

What do you think about the Web5 concept? Is it better than Web3? In what ways? Please elaborate.

Web5 is a good concept. It is a better version of Web3. Web 3 is not actually decentralized it is an actual reincarnation of Web2 which gained momentum with the goal of tokenize everything and connect asset to Blockchain but Web5 according to TBD. is built on Bitcoin for the purpose of fully decentralized Web platform.

What are the possible use cases of web5?

The Web5 is an extra decentralized platform that is built on Bitcoin only for user to own their data and have control over thier identity. Which will be supported by Decentralized Web nodes (DWNS) and Decentralized Web app (DWAS).

How web5 could influence the crypto market?

As it stands now i can't actually say what it hold, but one thing is certain according to Mike Brock product lead at TBD who clarified that there are no token to Invest in with the Web5. At the same time, since Bitcoin has an increased acceptance and the Web5 is built on it I guess it should be enough to influence the crypto market positively.

article avatarAbdulgafar Abidemi Olorede

Crypto enthusiast

What do you think about the Web5 concept? Is it better than Web3? In what ways? Please elaborate.

Web5 is better because of its goals and concerned to be addressed. However, web3 can't be left out or overlooked because it's a reference point.

What are the possible use cases of web5?

Web5 centralized more on what people think and being the ownership of their data and identity. As we can see Web5 introduces self-owned identifiers that enable decentralized identity authentication and routing, verifiable credentials as data formats and models for cryptographic presentation and verification of claims, and decentralized web nodes in which presented more unique than that of web3. Although this could take us a long time before we see the effect of the proposed web5

How web5 could influence the crypto market?

By giving people a sense of ownership and identity. Also web5 will kill all the influences of web3 and gives more potential to the crypto world.

article avatarKrishna Yoganarasimha

A seasoned strategy professional with multitude of skills.

What do you think about the Web5 concept? Is it better than Web3? In what ways? Please elaborate.

Web5 is a new web platform that promises to make the web faster, safer, and more accessible for all. It aims to do this by creating a new ecosystem that connects users with each other and with data providers in a more transparent way. So far, Web5 has been successful in building up a community of testers and developers, and the team is currently working on finalizing the technical specifications for the platform. The goal is for Web5 to become a global standard for the internet surpassing Web3, empowering users everywhere to access the information and services they need without restriction. Web5 is definitely an ambitious project, and there is no telling exactly what the future of the internet will look like. However, given its potential to address some of the biggest issues facing the web today, it's worth keeping an eye on!

What are the possible use cases of web5?

Web5 is a new platform that enables developers to build decentralized applications (DApps) and smart contracts. DApps are applications that run on a blockchain, and smart contracts are self-executing contracts that allow two or more parties to exchange assets or services without the need for a third party. There are many possible use cases for Web5, including but not limited to: 1. Online gambling 2. Decentralized marketplaces 3. Autonomous organizations 4. Voting systems 5. Secure identity management systems

How web5 could influence the crypto market?

Web5 is a new technology that is poised to have a significant impact on the crypto market. Web5 is a platform that allows users to access and use digital assets in a more secure and efficient way. It also allows for the transfer and trading of digital assets without the need for intermediaries. Web5 has the potential to revolutionize the way we use digital assets, and its impact on the crypto market is still unfolding. While it's too early to say for certain, it seems likely that web5 will play a big role in furthering the growth of the crypto market. In short, it looks like web5 is poised to have a big impact on the overall landscape of the crypto market, and there's no telling what will happen next!

article avatarKripto Man

Cryptocurrency & DeFi Expert

What do you think about the Web5 concept? Is it better than Web3? In what ways? Please elaborate.

It is a combination of web 2 and web 3 to overcome others opinion and VCs involment. It is no better than Web 3 because it is just a naming of next internet generation

What are the possible use cases of web5?

It must be the same goals that web 3.0 has been offering all the time till now. But, in addition to known facts, social media platforms like twitter may be more involved due to its former CEO Jack's recent tweet.

How web5 could influence the crypto market?

Branding old web 3.0 application and dapps to be more modern. More cloud based data indexing blockchain contracts with multichain and cross chain capability.

article avatarmarciobitcoin

What do you think about the Web5 concept? Is it better than Web3? In what ways? Please elaborate.

The big unknown is how all the different ideas, cultures and visions will come together in a cohesive way representing the best parts of humanity. Whether web 3, web 5 or web 500 I believe with all my heart that the internet itself only came to improve and make our lives easier, so we have very good things to experience in the future I believe, Experty Thank you Marcio Bitcoin.

What are the possible use cases of web5?

I don't understand much about this, but I can say that in addition to social networks and a lot of innovation on the web, one of them is that Web5 is a new vision for a decentralized Internet, built exclusively on bitcoin, and also prioritizes data security and preservation and personal data protection. Its main goal is to put the user in control of their data and identity, this is show and great for all of us.

How web5 could influence the crypto market?

Web5 will be created through the Bitcoin network this is a point, but it is important to note that in addition to the network serving as a support for the development of Web5, the crypto asset will take over the monetization of the entire platform ecosystem.

article avatarMirb .

Investment Specialist,Crypto Currency Specialist,Analyst

What do you think about the Web5 concept? Is it better than Web3? In what ways? Please elaborate.

Web5 could be a better concept than Web3 because it includes the main factor in the Crypto world and that is Bitcoin. Bitcoin did a great job of spreading the Crypto idea but was not significantly involved in Web3 i.e. Ethereum played a significant role. I think that in addition to bitcoin, other quality crypto chains will be included in Web5 in the future.

What are the possible use cases of web5?

The goal of Web 3 is to protect data based on Bitcoin and this should change the financial system. Web5 will enable investors and individuals to protect their data.

How web5 could influence the crypto market?

Web 5 will have a great impact on the Crypto market because the main factor is Bitcoin and this is great news for wider crypto participants because the transition from Web2 to Web3 will include Bitcoin from Web5 and it will affect the faster transition from Web 2 and investors, developers .. will have a better choice when migrating from Web2.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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