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January 1, 2023· SSRN Electronic Journal
book-chapter
Open access

Understanding the Evolution of the Internet: Web 1.0 to Web3.0, Web3 and Web 3

Authors:Jincheng Zheng *David Kuo Chuen Lee

Abstract

The Internet has undergone numerous changes since its emergence in 1969 and has now become an indispensable aspect of modern life. With the introduction of the World Wide Web by Tim Berners-Lee, the Internet has transformed into a tool for sharing and accessing vast amounts of information. As the Internet evolves towards its third iteration, Web3+ offers a decentralized solution that empowers users and returns control over the Internet to them. With the rise of cryptocurrency and blockchain, Web3+ focuses on data ownership and protection, making the Internet more secure and fair for everyone. In this article, we will explore the differences between Web 1.0, Web 2.0, Web 3.0, Web3, and Web3+ and how they shape the future of the Internet.

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