88 - Web3
Web3 is a permissionless, trust-minimized and censorship-resistant network for transfer of value and information.
-
The popular approach to realise Web3 is to build it over a foundation of peer-to-peer network of nodes for compute, communication and storage.
-
In the Ethereum ecosystem, this is a combination of the Ethereum blockchain, Waku (previously Whisper) and Swarm respectively.
-
Privacy and anonymity are big motivating factors in Web3.
-
Most of the foundational security design principles and development practices from Web2 still apply to Web3. But Web3 security is indeed a paradigm shift along many frontiers.
- Permissionless
- Trust-minimized
- Censorship-resistant
- P2P: Compute/Storage/Network -> Ethereum/Swam/Waku
- Privacy & Anonymity
- Web3 Principles & Practices
- Paradigm Security Shift