Web3 and Blockchain: Foundations and Frontiers
Web3 and Blockchain: Foundations and Frontiers Web3 is the idea of a more open and user-controlled internet built on blockchain technology. It aims to shift power from a few big platforms to many individuals. Blockchain provides a transparent, secure ledger that records transactions without a central gatekeeper. Together, they shape new ways to own, exchange, and govern online value. Blockchains are distributed ledgers. They store data in blocks linked by cryptography and secured by consensus. Common models use tokens to incentivize participation and protect network integrity. Smart contracts automate rules without a middleman, increasing trust in software. ...