Blockchain and Web3 for Newbies
Web3 is on the rise and it is not slowing down that. It's not new, but it is now the time it's gaining traction with the millions. It is the next major trend on the web. Opportunities for employment in the field of web3 are increasing day by day. There is a huge demanded for developers of blockchain, Web3 designers, along with other related jobs in web3. There are many jobs and opportunities in web3 and the demand will continue to grow in the coming years.
If you are a novice in the web3 development space it may be difficult to comprehend specific concepts and terms. Let's first understand the meaning of these two terms: Web2 and Web3.
WEB2
Web2 is the second wave of revolution on the internet. It is the time where the number of content creators on the web has increased. In the past Why Web3 and The Decentralized Web Matter, Web1 was mostly end-user-oriented. It was primarily used for consumption of data.
Web2 is also famous for its centralization of data. Large corporations control the data of the whole globe. One company has multiple companies to acquire different data from various sources. This become one of the major issues facing the internet2 and caused the new revolution of the internet.
Web3 is considered to be the next major revolution in the internet. Web3 is the decentralization of data through blockchain-based applications , as well as the use of the token to facilitate economic transactions. Web3 is the term "Web3" was coined in 2014 by Ethereum co-founder Gavin Wood. It is only gaining popularity in recent years due to the abundance of platforms and resources available to build the blockchain-based app.
Developers has mixed feeling about web3. Some thought it was as a trend that isn't going to last for long. I am a believer that there is a future for Web3 due to following reasons:
Community is building in recent years for learning and growth. new ideas for startups based on web3
Businesses are creating tools to aid in the development process. There are grants to web3 projects
I highly recommend web developers to test the Web3 at least one time. The two technologies Web2 and Web3 will co-exist with each other in the future. We must learn to comprehend web3 better. Blockchain is a permanent ledger system that keeps track of the transactions and is shared across the node i.e, the computer participating in the network. Blockchain Development
The Blockchain was first popularized by one person (or group of individuals) using the presumed pseudonymous name Satoshi Nakamoto in 2008. Blockchain solved the issue of decentralization of data on Web2. As the data is shared across the various nodes, there's no single person or entity possessing all the data.
Web3 Applications are founded on the blockchain concept. Bitcoin is an example of blockchain. It is a ledger system that can be used for payments but blockchain can be used for any data transaction. There are a variety of networks based on blockchain like Ethereum, Polygon, Solona, Avalanche, and other.
Dapp or Decentalized application are those application that uses smart contract, which is based on blockchain network for the purpose of its operation.
dApp
Dapp(Decentralized application) is the same application that is a web application but that only extends smart contracts. It is possible to split the Dapp into the following sections:
It's the norm in web development. It is essential to develop your front-end with HTML, CSS, and JavaScript. You can utilize any framework such as React, NextJS, or any other framework.
You can use the backend to communicate with the smart contract that is deployed over the network. It is possible to implement this into your frontend, however segregating the backend from the frontend will allow you to 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.
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