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What is the Difference Between Web3 and Metaverse
The terms web3 and metaverse have seen a wide usage lately.
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Web3 and Metaverse both talk about the future of the internet. They are quite different.
Web3
Web3 is a decentralized version of the internet.
Web3 is a decentralized world that can record every purchase and trade to build up a reputation of the transaction.
Web3 is related to the use of distributed applications on blockchain networks and metaverse is not limited to them.
Think of Web3 as a concept for a decentralized internet where users can completely control their digital data.
Web3 is a decentralized platform that runs smart contracts.
Web3 is a potential future of the internet, with lots of decentralized apps, dApps, decentralized applications, and distributed networks.
