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What is Web3, is it the new phase of the Internet and why are Elon Musk and Jack Dorsey against it?
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euronews.comWeb3 has become the latest buzzword to get tech and cryptocurrency enthusiasts talking. While some are excited at what is being dubbed as the next phase of the Internet, others, including Elon Musk and Jack Dorsey, have voiced their concerns over it.
But what is Web3 and can this decentralised vision of the Internet work?
Put simply, Web3 is an umbrella term for an online ecosystem that cuts out the big middlemen on the Internet. So, platforms on Web3 are not owned by central gatekeepers and you
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