Web3 refers to the third generation of the World Wide Web, where the focus shifts from a centralized model to a decentralized internet powered by blockchain technology. It encompasses the creation of smart contracts, decentralized applications (dApps), and a user-centric environment where individuals can control their own data and digital identities. Key features of Web3 include enhanced privacy, transparency, and a more collaborative approach to content creation and internet governance. If you're looking for more in-depth details or specific aspects of Web3, feel free to ask!Web3 refers to the third generation of the World Wide Web, where the focus shifts from a centralized model to a decentralized internet powered by blockchain technology. It encompasses the creation of smart contracts, decentralized applications (dApps), and a user-centric environment where individuals can control their own data and digital identities. Key features of Web3 include enhanced privacy, transparency, and a more collaborative approach to content creation and internet governance. If you're looking for more in-depth details or specific aspects of Web3, feel free to ask!