Web3 is on the rise and it is not slowing down it. It's not a new technology, but it is now the time it's reaching the millions. It's the next major trend for web-based development. The job opportunities in the field of web3 are increasing day by day. There is a high need for Blockchain developers Web3 developer, as well as other related jobs in web3. There are numerous jobs and opportunities in web3 and this will increase in the future.
If you are a novice in the web3 development field it can be difficult to understand specific terms and concepts. Let's look at the significance of these two terms Web2 as well as Web3.
WEB2
Web2 represents the 2nd revolution in the internet. It is the time where the number of content creators on the web has increased. Before, Web1 was mostly end-user-oriented. It was used to consume data.
Web2 was born out of the growth of social media that allowed users to create content on the internet. This led to the rise of the creator of content on the internet and eventually becoming a household name. During this period the creator and the consumer increase in popularity.
Web2 is also known for centralizing data. Big corporations typically manage the data of the whole globe. One company owns multiple companies , which means they can acquire information from different sources. This is one of the problems for the internet2 and caused the new revolution of the internet. Web3 Video Presentation
WEB3
Web3 is thought to be the next step in the evolution of the internet. Web3 involves the decentralization information through blockchain-based applications , as well as the use of tokens for economics. "Web3" is what it's called "Web3" was coined in 2014 by Ethereum co-founder Gavin Wood. It is only gaining popularity recently due to so many tools and platforms that can be used to build the blockchain-based app. What is Web3
Developers have mixed opinions about web3. Some considered it as a trend that isn't going to last for long. I do believe in Web3 because of these reasons:
The community is growing in recent years for learning and development. There are startup ideas revolving around web3
Businesses are creating tools to aid in the development process. There are grants available for web3-related projects
I strongly recommend web developers to try out the web3 at least for at least once. Both Web2 and Web3 will co-exist with each other in the future. Let's look ahead to learn about web3 better. Blockchain Development
The Blockchain was popularized by a person (or group of individuals) with the assumed pseudonymous name of Satoshi Nakamoto in 2008. Blockchain solved the issue of decentralization of data in Web2. Since the data is shared across the different nodes, there isn't one particular person or organization having all the data.
Web3 applications are based on the blockchain concept. Bitcoin is a case study of blockchain. It works as a ledger system for payment but blockchain can be used to facilitate any kind of data transfer. There are many networks that are built on blockchain like Ethereum, Polygon, Solona, Avalanche, and other.
Dapp or Decentalized Application are the applications that use a smart contracts that are based on blockchain network to function.
dApp
Dapp(Decentralized application) is the same application as a web application with the sole exception of smart contracts. It is possible to split the Dapp into the following parts:
It's the norm in web development. It is essential to build your front-end using HTML, CSS, and JavaScript. You can choose any framework like React, NextJS, or any other framework.
You can use the backend to connect to the smart contract deployed over the network. You can implement this in your frontend as well, but segregating the backend from the frontend will help you manage the app more easily.
Smart Contract will be deployed on the blockchain network. Our application will communicate with it for the functioning and operation of our application. NFT Marketplace is an example of a dApp. This is pretty much the standard structure that is required to develop of an dApp.
Smart Contracts
Smart contracts are computer-generated programs that are non-modifiable once installed, and are automatically executed as long as the conditions specified in it meet.
In simple terms smart contracts are computer programs written in the programming language. They are not able to be changed i.e they aren't able to make any changes after they have been deployed. This contract has functions in it, which can be executed and called whenever needed. It is able to be executed automatically if defined in a certain manner. Smart Contracts form the backbone of dApp.
Once the smart contract is activated, the execution of the smart contract requires gasoline costs. Smart Contracts are executed in the form of a Virtual Machine. Ethereum is the one that manages smart contracts with the Ethereum Virtual Machine (EVM). The gas charges are paid out in the form of crypto currencies. Ethereum makes use of Ether.
