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

platform: 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 avatarAlbert A A

SEO Expert

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

If there is freedom of speech without revealing our identity, it will be the future of decentralizing mediums on the internet. But at the same time, it should also control hate speech and terrorism without any central authority. It should be decentralized for everyone. I think the "Web5" will solve this. Current decentralized social apps calling it Web3 are not reached their potential nor attracted more users on the internet. But "Web5" should start educating the user before beginning the basement.

What are the possible use cases of web5?

Followings can be use cases of Web5: Microblogging (alternative to Twitter or similar apps), Video Creation and Posting Platform (Alternative to YouTube), Online Messaging App (Alternative to WhatsApp, Telegram, etc), Decentralized Web hosting with WordPress CMS, Decentralized Domain Names that can resolve on a normal network, Decentralized Browser that will never track user information, etc. etc.

How web5 could influence the crypto market?

Crypto is the future of the financial system on the internet. Hence, decentralized cryptocurrencies can help Web5 better than FIAT currencies. If Web5 wants to be decentralized, it should stay in the Crypto only.

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 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 avatarAndrey kitaets

interpreter

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

The web 5.0 concept is a logical continuation of the web 3.0 concept. Web 5.0 is a merger of the centralized Web 2.0 Internet and the decentralized Web 3.0 Internet. Compatibility is always better than one thing.

What are the possible use cases of web5?

the possible use cases of web5 in decentralized applications using identifiers, credentials, etc. The web 5.0 platform can offer two use cases, such as ownership of your data and full control over your identity.

How web5 could influence the crypto market?

In general, it is positive, since this is a natural development of digital finance, decentralized applications and digital blockchain solutions.

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 avatarOffelia Ogg

day trading, investment, crypto enthusiast

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

Web5 sounds extremely exciting. 2 years ago nobody couldn't imagine the way we use crypto but for now we are talking about web5. Web5 organically follows web3 like one part of other. Web5 could combine all stage of blockchain science like general theory of relativity.

What are the possible use cases of web5?

In daily life we could use web5 when doing shoping or create investment opportunities. Couple weeks ago I found one interesting project named Furocombo(Combo). This platform allows you create arbitrage opportunities through several blockchains. Using simple cubes with certain actions you can find best way to transact or swap tokens. All functional is extremely intuitive. Love this project and after ethereum will reduce transaction costs this platform will be well-known

How web5 could influence the crypto market?

The decentralized platforms is the beginning of global changes. Development of technology is more faster than it was before. Web5 has already had influence on the market. We have already talking about it.

article avatarDwi Kurniawan

Crypto analysis

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

Actually I only know a little about web5. as I know web5 is a form of collaboration between web2 and web3 so that users have control over their own data. web2 which carries about social media platforms, then collaborated with web3 which carries blockchain platforms such as bitcoin. Chances are it will be better than web3. With the existence of web5, the purpose of social media platforms such as Facebook or Twitter as a bridge to introduce blockchain to the community.

What are the possible use cases of web5?

Maybe like data falsification. if users use web5 access unwisely, they may try to hack data to take advantage of access to other people's data. Like the possibility above will happen on social media platforms

How web5 could influence the crypto market?

The influence of web5 on the crypto market, like my previous review. web5 is a combination of web2 with web3. So with web5 the introduction of crypto will quickly spread. People will start to learn about what crypto is, what are the advantages of using crypto on the web5 platform. So later the role of web5 can introduce crypto to the wider community

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 avatarAleksander D.

Entrepreneur, crypto investor, programmer

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

It's hard to judge WEB5 right now because Dorsey has published only a very basic ideas, there are not too much details of it's exact realisation. The main idea of the project is that WEB5 should be as something much more decentralized than everything that exists now, as follows from the info available. But sorry, now there are many of different, well developed crypto platforms, each of those is enough decentralized, and those allows developers can build really decentralized Apps, or tokens those could be used as a fully decentralized money, and so on. Maybe we already are decentralized enough with Web3 and Dorsey just wants to discover a 'bike' once again, doesn't he? And other point, if all existing dezentralized Apps would be written on one single platform DWP instead of many different, that means DWP would be as a such center, a one single roof for all, i.e. that means a centralization in a certain measure, despite he has declared otherwise.

What are the possible use cases of web5?

For now i don't see any additional use cases more than we could have with Web3. We are decentralized enough already. But we have a very few of info about Web5 so far. So i prefer to postpone the final judgement until Dorsey will say more.

How web5 could influence the crypto market?

The same, this is unknown for now because of lack of Web5 details. This project DWP is on a stage of a concept idea only, so now it's even unknown if it will be realised somewhen or not. It's too early to say about influence on the market

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

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