Development

## 1. Development

Dr. Gavin Wood proposed a revolutionary Web3.0 vision in 2014, and subsequently initiated the establishment of the Web3 Foundation. His philosophy is: Web3 is a broad set of movements and protocols launched to make the Internet more decentralized, verifiable, and secure; the vision of Web3 is to realize a serverless, decentralized Internet, that is, users control their own identities, data The Internet of fate; Web3 will launch a new global digital economic system, create new business models and new markets, break platform monopoly, and promote extensive, bottom-up innovation.

### Web 1.0: The Read-Only Internet

The period of Web 1.0 was roughly from 1991 to 2004. During the period of Web 1.0, users could only passively browse text, pictures and video content. What the website provided and what the user viewed, there was almost no interaction. During this period, many portal websites were born, such as Google, Yahoo, Sohu, Sina, etc. They used the display of various webpage information to attract users to click and watch, so as to customize advertisements and monetize through traffic.

In the era of Web 1.0, there were very few content creators, and the vast majority of users could only accept platform information.

### Web2.0: readable and writable Internet

From 2004 to the present, it is in the period of Web2.0. The concept of Web2.0 was first invented by Darcy DiNucci in 1999, and was re-promoted by Tim O'Reilly and Dale Dougherty at the O'Reilly Media Web2.0 Conference at the end of 2004, and Web2.0 was gradually accepted by the world

With the development of the Internet industry, some Internet-based business models have gradually emerged. For example, blogs, social media platforms, online communities, etc., the biggest feature of this type of website is that it allows users to generate content independently, interact and collaborate with the website and others.

But the Web2 network is proprietary and closed, and belongs to an Internet company. While users are often free to use them, the users themselves do not actually own the user data on these platforms. Web1.0 to Web2 is not actually a one-by-one change. Many Internet companies have upgraded from Web1.0 to Web2.0. During the period of Web2.0, the business of Web1.0 is still running.

Web2.0 itself is still evolving, especially with the evolution of machine learning and algorithms, the business model of Web2.0 is also evolving. For example, the website can start to learn and analyze through the user's behavior, and then recommend different content to different users.

### Web3.0: Value Internet

Web 3.0 is different from Web 1.0 and Web 2.0, and the evolutionary upgrade of Web 2.0 is also different. Web3.0 is not only a technological change, but also a business and user model innovation.

The content of Web3.0 is created by users, and the data is owned by users, so Web3 is called the Internet of Value. Web3.0 is an open source protocol, but collectively owned through cryptoeconomics; independent of traditional organizations, code is executed according to regulations; it values open source software, user ownership of data, and permissionless access; creates a common sense of identity and collaboration.

Web3.0 was first proposed in 2014 by Gavin Wood, co-founder of Ethereum and founder of Polkadot. According to Gavin, Web 3.0 is an inclusive set of protocols that provide building blocks for application makers. These building blocks replace traditional web technologies like HTTP, AJAX, MySQL, providing a whole new way of creating applications. These technologies provide users with strong and verifiable guarantees that the information they receive and provide is safe, and that the information they pay for is kept private.