Web3 is shorthand for the generation of internet apps where ownership of identity and assets is provable on a public blockchain rather than stored only inside a platform's database. On hashtag.org, Web3 is opt-in: most users sign up with email, get an embedded wallet, and never think about it. Web3 only matters if you want full self-custody of your #Name and balance.
Web3 & crypto basics
Web3
The read/write/own version of the web where users (not platforms) hold their identity, keys, and assets.
See also
- Wallet
Software that holds your keys and signs transactions on a blockchain.
- Self-custody
You, not a company, hold the private keys; nobody can freeze your funds.
- Blockchain
A public ledger that records ownership and transactions in tamper-resistant blocks.
- #SPACE
The underlying spatial-web protocol/marketplace where #Names and keywords live.