The Emergence of Web5 and its interconnection with web3: The world of cryptocurrency Going to a Different Level

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Greetings to the beloved community of leofinance. The only community with too much swag and produce lions on the crypto world. Its your friend @chizobe saying hello from this part of the world. May we find rest in all our struggles.

The rapid change in the innovative and technological aspect is becoming something worth thinking about as too much knowledge and its implications is taking humanity to a different level altogether. Looks like as if its a gradual process but the speed behind its something else.

Imagine still being in the dark age and the absence of all these technological and science inputs, what could have been the future of the world and where could we have been by now. The way we were yesterday being quite more different than were we are today as to many inputs on science aspects has been employed to get us where we are today still more research are been thriven to get us all to another and entirely new level. Indeed we owe a lot to science and discoveries.

Understanding of the Different Webs and where we are Today ;

Web 1 ;
Web 1 has to do with the existence of interest and internet activities during the early 90s. Not much done during the moment as too many upgrades and introduction of new atmospheres on the internet was lacking and so, an upgraded version was put in place still in search of a greener pasture which lead to the unveiling of web2.

Web2 ;
Web2 being an upgraded version of web 1 as there where limitations concerning the crypto world and more and it needed an upgrade. Web 2 came up doing the earlu period of 2005. On web 2 things weren't not just static just as web1 as an upgrade were brought in leading to the unveiling of social media networks that grants one the ability to create contents,do blogging,exploring of ideas and many more. But to all these was it still far from settled on the crypto world as this prepared room for web3 which unveiled a different dimension of cryptocurrency and world at large.

Web 3 ;

Still far from being settled as the emergence of web3 came when etherum co founder found the name in 2014 and the introduction of bitcoin unravelled. Web 3 introduced blockchain tokens and made for the more creation of tokens and also caused the whole traffic and development we have seen in the crypto verse. The unveiling of web3 granted open doors to some crypto transactions and made way in the cryptoverse.

The Interconnection between Web3 And web5

Notwithstanding all these developments found in each and every of the webs,there is still more to be unveiled as human wants are insatiable. The emergency of web5 showed somewhat a loophole and a reason to lunch its structure so as to promote the cryptosystem and much more draw attention to itself.

Where web3 stopped and couldn't continue is where web5 is picking from and adding more features as the web5 as announced this month by the former CEO of Twitter and current CEO of Block Inc. In the person of Jack Dorsey.

As planned that web5 will revolve and involve block chain technology by using bitcoin for identity management.

What is your thought on this?.

Posted Using LeoFinance Beta



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Web5 is just Jack Dorsey's way of rejecting Web3. It's a marketing ploy as much as anything.

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