Tech Stories from HackerNoon

What Is Web 3.0 and Why Do We Need It?


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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:

    • You can follow Jaro on Twitter @chompomonim
  • You learn more about Mysterium Network at mysterium.network
  • ...more
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