Is Web3 better than Web2 for decentralized applications?
The question is about Web 3.0
Yes, Web3 is better suited for decentralized applications (dApps) than Web2, as it is designed with decentralization at its core. Built on blockchain technology, Web3 means dApps can function in the absence of intermediaries through predetermined rules and executions carried out by smart contracts in a secure yet very transparent manner. Such decentralization in Web3 gives more powers of data and other assets to the users themselves. This is the main reason why Web3 finds applications in areas such as DeFi, NFTs, and peer-to-peer networks. Whereas Web2 operates on centralized servers, user data and user transactions are up to the mercy of certain entities, reducing user autonomy with some potential risks concerning privacy. While it is actually possible technically to develop decentralized-like features in Web2, it does not have an inherent structure for trustless dApps as Web3 does. Web3 provides an application with more security and greater autonomy when transparency, user control, and censorship resistance are crucial.