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What’s the Difference Between Web2 and Web3? Learn From Binance

by BSCN

December 26, 2022

chain

Find out what you need to know about Web1, Web2 and Web3 and how crypto and digital assets fit into the future of the Internet. More from Binance:

Ultimate Guide to Web2/Web3

If you or someone you know is a newbie to crypto, it can be a bit tricky at first to explain the relationship between blockchain and Web3, and how that relates to Web2.

Don’t worry about awkward holiday dinner conversations, Binance has you covered with an updated explainer on the Internet, digital assets, and the emerging Web3.

“Web3 may solve the big problems of today’s internet and minimize the power of the tech giants. However, it is still largely an aspirational vision rather than tangible reality. Still, the technologies that will likely underpin the next iteration of the Web are indeed already in development,” according to the Binance Academy post.

What is Binance:

Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.

Where to find Binance:

Website | Twitter | Discord | Telegram |

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