The Dying Dream of a Decentralized Web
The term Web3 was originally coined by Etherium cofounder Gavin Wood as a secure, decentralized, peer-to-peer version of the Internet. The idea was to build an Internet based on blockchain technology and a peer-to-peer network, without the need for large data centers or third-party providers. These days, however, blockchain is most famous as the tool enabling cryptocurrencies. Most recently, the Trump administration has taken on a pro-cryptocurrency stance, boosting blockchain’s popularity and m