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Instead of a Web monopolized by large technology companies, Web3 embraces decentralization and is being built, operated, and owned by its users. Web3 puts power in the hands of individuals rather than corporations.
In Web 1.0 and 2.0, governments, Big Tech, and Wall Street (to name a few) are the central authorities that verify your identity, transactions, rights to publish content, even basic access to the Web.Web3, then, is about moving away from these principles. It’s about decentralization. 2 years, 9 months ago
