📪New Internet era web3

In the web2 version of the Internet, messaging, social media, finance, games, shopping and audio video streaming services by controlling direct access to user data of centralized companies (e. g., Google, amazon, apple), these companies use for target use case optimization of specific application software development infrastructure, and use the cloud infrastructure to deploy these applications to users. Cloud infrastructure provides access to virtualized or physical infrastructure services such as rented virtual machines (VM) and bare hardware operating in global data centers (such as AWS, Azure, and Google Cloud).

So, building web2 internet services that can scale to billions of users has never been so easy. However, web2 requires users to explicitly trust centralized entities, which has increasingly attracted social attention.

To dispel this concern, a new Internet era has begun: the web3. In the web3 version of the Internet, blockchains have emerged to provide decentralized, immutable ledgers that enable users to interact safely and reliably with each other, all of them without requiring trust-control intermediaries or centralized entities. Web3.0 will subvert the Web2.0 Internet from three perspectives of openness, privacy and co-construction, create a decentralized world dominated by the user community, and reconstruct the value paradigm of Internet traffic.

The Web3.0 world will be fully open, and users' behavior in it will not be restricted by ecological isolation. It can even be considered that users can freely swim in the Web3 world (based on basic logic); user data privacy will be passed

through encryption algorithms and distribution In the Web3 world, content and applications will be created and led by users, fully realizing the value of users' co-construction, co-governance, and shared platform.

However, despite the many blockchains that exist today, web3 has not yet been widely adopted. While technology continues to advance the industry, existing blockchains are unreliable, impose high transaction fees on users, have low throughput limitations, often suffer asset losses due to security issues, and cannot support real-time responses. Compared to how cloud infrastructure has enabled web2 services to reach billions, blockchain has not yet enabled web3 applications to do the same.