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+--- Thread: What is the Role of Blockchain in Web3? (/showthread.php?tid=3776)
What is the Role of Blockchain in Web3? - pearlbrown - 05-17-2024
For Web3, blockchain is similar to a tree's roots. It is the basis that keeps the entire web3 world, providing security and a decentralized system. The following explains how blockchain is essential to Web3 development:
• Decentralization: Blockchain is decentralized, which means that no single entity controls it. Creating a user-owned internet is the primary objective of Web 3.
• Security: The ledger on a blockchain is unchangeable. Because data recorded content cannot be changed, Web3 serves as a strong defense against cyberattacks and data manipulation.
• Transparency: All transactions on a blockchain are publicly viewable, guaranteeing Web3 apps' transparency and building user confidence.
• Smart Contracts: By managing agreements without the need for middlemen, these self-executing contracts that have the terms directly written into code simplify Web3 procedures.
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RE: What is the Role of Blockchain in Web3? - kevinmartin - 06-10-2024
Blockchain plays an important role in Web3 by providing a decentralized and transparent infrastructure for various applications and services. Web3, often called the decentralized web, aims to empower individuals and remove intermediaries.
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RE: What is the Role of Blockchain in Web3? - xaniae2 - 07-03-2024
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RE: What is the Role of Blockchain in Web3? - xaniae2 - 08-03-2024
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RE: What is the Role of Blockchain in Web3? - xaniae2 - 10-03-2024
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RE: What is the Role of Blockchain in Web3? - xaniae2 - 11-03-2024
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