Sunday 10 July 2022

Web3 and Blockchain for Beginners

Web3 is booming and there is no stopping it. It's not a new technology, but at the moment it's reaching the large numbers. It is the next major technology on the web. The job opportunities in the area of web3 are increasing day by day. There is high demanded for developers of blockchain, Web3 designers, along with other related jobs in web3. There are many job and opportunities in web3 and it will rise in the future.

For a beginner starting in the web3 development field, it can be hard to comprehend some terms and concepts. In the past, Web1 was mostly end-user-oriented. It was primarily used for consumption of information.

Web2 began with the advent of social media that let the end-user create content online. This leads to the popularity of the content creator on the internet and eventually becoming a household name. During this period the consumers and creators of content grow together. What is Web3

Web2 is also famous for its centralization of data. Big corporations typically control all the data in the globe. One company has several companies that acquire data from multiple sources. This was one of the issues for the internet2 and caused the new revolution in the internet. Great Web3 Video Tutorial

WEB3

Web3 is regarded as the next step in the evolution of the internet. Web3 involves the decentralization data through blockchain-based applications , as well as the use of tokens for economics. The term "Web3" was coined in 2014 by Ethereum co-founder Gavin Wood. The term has only gained traction lately due to the many tools and platforms that can be used to build the blockchain-based app.

Developers has mixed feeling about web3. Some consider it to be an unsustainable trend that will not last for long. Some do believe that there is a future for Web3 because of the following reasons:

web3

The community is growing in recent times for learning and growth. some ideas for web3-based startups

Companies are building tools that help the development process. There are grants for web3-related projects.

I highly recommend web developers to test the web3 at a minimum at least once. Both Web2 and Web3 will be able to coexist with each other in the future. We must learn to comprehend Web3 more thoroughly. Blockchain is a unmodifiable ledger system that tracks the transaction and it is shared with the node i.e, the computer participating in the network. Blockchain Development

The blockchain was popularized by a particular person (or group of individuals) who claimed to be the pseudonymous name Satoshi Nakamoto in 2008. Blockchain solved the problem of decentralization of data in Web2. As information is distributed among the different nodes, there is no any one person or company having all the data.

Web3 Applications are founded on the blockchain concept. Bitcoin is an example of blockchain. It is a ledger system that can be used for payments however, it can also be used to facilitate any kind of data transfer. There are a variety of networks based on blockchain such as Ethereum, Polygon, Solona, Avalanche, and other.

Dapp and Decentalized applications are applications that make use of smart contracts that is based on blockchain network for the purpose of its operation.

dApp

Dapp(Decentralized application) is the same app that is a web application but with the only extension of smart contracts. It is possible to divide the Dapp into the following parts:

It's the norm in web development. You must build your front-end using HTML, CSS, and JavaScript. You can choose any framework, like React, NextJS, or anything else.

You can use the backend to interact with the smart contract deployed in the network. It is possible to implement this into your frontend too, but separating the frontend and backend will allow you to control the app with ease.

Smart Contract will be deployed on the blockchain network. Our application will interact with it to ensure the operation for the app.

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