May 26, 2021

What Is Web 3.0 and Why Do We Need It?

What Is Web 3.0 and Why Do We Need It?

What is Web 3.0 and why should you care? 🤨 Amy Tom talks to Jaro Šatkevic, Head of Product at Mysterium Network, about the evolution of the web and Web 3.0. Following the 30-year anniversary of the first webpage, Amy and Jaro discuss permissionless netwo...

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What is Web 3.0 and why should you care? 🤨 Amy Tom talks to Jaro Šatkevic, Head of Product at Mysterium Network, about the evolution of the web and Web 3.0. Following the 30-year anniversary of the first webpage, Amy and Jaro discuss permissionless networks, decentralization, and more. 👊🏻

In this episode of The Hacker Noon Podcast:

  • Hey, remember that time when we transitioned from Web 1.0 to Web 2.0? ⏭ (02:00)
  • What the heck is Web 3.0 and what does it really mean? 🤨 Jaro explains that the current Internet lacks freedom, privacy, and is controlled by corporations (03:28)
  • What role does decentralization play into Web 3.0? Jaro says it will mean that you don't need to sign contracts" ✍🏻 (07:00)
  • How can we ensure the web remains open and trustless? Behind the scenes, it's a lot of engineering, sophisticated systems, and encryption (08:20)
  • Can Web 3.0 be regulated? Jaro doesn't think it's possible 😱 (11:35)
  • How can we trust Web 3.0? Jaro explains the DNS, HTTPS, and web encryption that exists in Web 2.0 today and how that might evolve in Web 3.0 (16:21)
  • What is delaying Web 3.0 and why can't we have it today? Jaro essentially says Rome wasn't built overnight 🤷‍♂️ (20:12)
  • What's the deal with AI and Web 3.0? Jaro says it's not REALLY related (27:35)
  • What are the components of Web 3.0? What the difference between the Semantic web and the decentralized web? 🕸 (31:10)

Follow Jaro Šatkevic & Mysterium Network: