How Web3 is Emulating Web2 By Building Faster, Easier, and Cheaper
The evolution and growth of the internet and web technology has followed a well-worn path. In the 1960s Moore’s Law predicted that computer technology would regularly double – every two years, as it turns out. New ideas and new technologies don’t exist in isolation. They’re taken, iterated, and improved over time.
That’s what happened with the internet, and that’s what’s happening with Web3. In the early days of the internet, websites were coded by developers using HTML and CSS. They quickly developed frameworks and systems to make it faster and easier. Now, no-code website building tools have made building websites accessible and user-friendly.
Web3 technology is following the same pattern. New ideas change the game. But once people understand how they work and their potential in the future, they start building faster and efficiently.
This blog will explore how no-code tools for Web3 are iterating technology faster the way they did for Web3.
Back when websites were built by developers who knew how to code, very few people had a website. In fact, a lot of businesses believed they didn’t need one. They were expensive to use, tedious to build, and there weren’t that many people online to access them. Today, everyone – even individuals – has a website. And nearly the entire world is online.
With mobile data and smartphone technology, even remote areas of the world that lagged behind are accessing the web. Internet adoption has gone parabolic. And with it, building the internet has become much easier and faster. Now, crypto and Web3 adoption is beginning to mirror the internet adoption curve in its early days.
#Bitcoin took 6 months to get 1000 users; 5 years to find 1 million users.
Today, 13.8 years from inception, it has 300m+ users, 4% of the world.
At current growth rates, 1 billion users will be hit in the next 3 years. That's 12% of the world. pic.twitter.com/akMbNySaGw— Willy Woo (@woonomic) October 12, 2022
It makes sense that Web3 dApps and platforms will streamline and create efficiencies. Forget the fact that non-technical people want to create Web3 projects – devs and programmers don’t want to code the same things over and over!
Web2 started making things easy with Wordpress, Webflow, and now even AI is helping creators move faster. Users can quickly and easily create websites using pre-built templates and drag-and-drop interfaces. And that’s what’s coming for Web3 as well.
Security has been (and still is) a major concern in Web2. The average person doesn’t realize it, but we’ve always used cryptography to solve security problems. For example, email encryption and anti-spam protocols used cryptographic hashes and proof-of-work to improve email security.
Most people think blockchain and crypto are brand new ideas, but they’re simply building on existing computer science. That’s why using new Web3 platforms to solve data security problems isn’t as far-fetched as people want to think.
Just like in the early days of the internet, it can be hard to conceptualize how new ideas will be used. In the 90s, people didn’t know why you might need a website. And even in the aughts, many people scoffed at smartphones and iPads. The visions, when ideas are still conceptual and abstract, are hard to catch.
But when builders start making tools, and applications everyone can use – that make life easier – people start to get it.
If you tell someone today that everything will be tokenized in the future, most people won’t know what you mean. NFTs have been a phenomenon sweeping the culture, but the culture still hasn’t fully absorbed what that means.
Luckily, blockchain and tokens are transforming data security anyway. Just like cryptography improved digital data transfer via email, Web3 is doing that again with blockchain.
When we started using important and sensitive data online like bank transactions, encryption became critical. Being able to send information that was protected was key before the internet could become what it is today.
Now, tokenization is taking information security and even provenance to the next level. Tokens provide an immutable record of ownership and transaction history for data. This is good for both assets and identity. Tokens give people greater control over their personal data and the ability to prove ownership of that data.
In an age when we’re waking up to how recklessly tech companies, big data, and even governments have misused people’s personal information, tokenizing data is becoming imperative. With the new, decentralized era of Web3, people will actually be able to own and control their identities and assets.
Encryption isn’t enough these days. Web3 is following in the footsteps of security protocols that have gone before by redefining digital ownership.
Technological innovation is iterative. New ideas don’t happen in a vacuum. Sure, some ideas soar and some fail but the process is always the same. The best and most adaptable ideas get turned into processes and workflows. Then builders and creators generate the solutions and products that people quickly realize they need.
This is what happened with computer technology, internet technology, and it’s what is happening with blockchain technology. Skepticism is understandable and even expected in the early days of a new technological era. But the visionaries aren’t deterred.
Web3 is emulating Web2 by building faster, easier, and cheaper. Frameworks and no-code tools that will make Web3 accessible to everyone are coming. The evolution of web technology has always been about providing more accessibility, security, and control to users, and Web3 is the next step.