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Topic: A NEW GATEWAY TO WEB3.0 (Read 23 times)

Ucy
sr. member
Activity: 2576
Merit: 401
March 29, 2023, 05:59:19 AM
#2
Bitcoin/Blockchain standard is what any True Cryptocurrency Network has to build from and follow. Patronizing Blockchain doesn't make web3 (or whatever it's called) part of us.

If You say that web3 "evolved" from web1/web2 then they should be its standard and it should have nothing to do with True Cryptocurrency which is based on Bitcoin/Blockchain standard. By the way, you seem to suggest that web1 was decentralized and community driven... Again the kind of decentralized and community network/system we encourage in true cryptocurrency space has to be based on Bitcoin standard. If they refuse the Bitcoin standard then they will certainly end up independent of Bitcoin and not benefit from its price Movements and Network effects in the usual parasitic manner. You know you are using Bitcoin technology, and that's kind of owing the Bitcoin Network/System alot good rewards.
newbie
Activity: 17
Merit: 0
March 29, 2023, 04:56:25 AM
#1
A NEW GATEWAY TO WEB3.0!

1.0 MEANING AND HISTORY OF WEB3.0
Web3.0 is a new generation of the internet that allow interaction on the internet without the interference of intermediaries such as the government, and powerful multinational companies such as; Facebook, Amazon, Google, etc. The term web3 which is another name for web3.0 was coined in 2014 by the founders of Polkadot and Etherum co-founder respectively. Since then, several products have been built to work and reflect an internet ecosystem that runs specifically on the blockchain, in order to ensure privacy, security of data, and limit permissions. TokenPocket is the leading web3 product that essentially offers benefits which align with objectives of the new internet. Its distinguishing features makes it preferable for people in the web3 space.  

2.0 DISTINGUISHING FEATURES OF WEB3.0
The major features of web3.0 lie at the centre of permission, user privacy, and security of users data. A user in the web3.0 ecosystem may choose to interact with others in a trustlesss way, even sign and enter into contract agreements without disclosing his identity or knowing the identity of the other party. Also, users data and communication details are securely stored on the decentralized public ledger called “blockchain” which is the bedrock of web3.0 operation and existence. Security of data are maintained in web3.0 through the storage of all data on several connected computers to the blockchain. Through these benefits, multinational companies and governments are now seeking to adopt web3.0 in its activities and also find key ways of regulation. However, the innovation still faces regulatory challenges from conservative countries but it is projected that they will begin to adapt in the nearest future. Web3.0 is the greatest innovation of the century.

3.0 DIFFERENCES BETWEEN WEB3.0 AND WEB2.0/1.0
The first internet system in existence was web1.0 and this focused somewhat on decentralization and community governance, and allowed users to interact with texts. The emergence of web2.0 however added new features such as the addition of videos, images, and other multimedia items and introduced search engine platforms like Google. Constant improvements continually nurtured a system of interaction on the internet. With the growth of web2.0, there was exponential increase in the use of internet, as humans and business establishments continued to create strong digital presence to aid activities. People now have personal websites, blogs, etc where they share things of value. Businesses are also not left out as e-commerce websites and web applications have been deployed to help customers buy goods and get deliveries in locations of their choices, and also enable buyer-seller communication. Web2.0 is however flawed with the abuse of security of data, sale of users data, invasion of privacy, and government control. Despite government regulations in the area of data privacy policies, regulations and laws, the trend has continued to grow. Hence, web3.0 is the new generation of the internet that aims to technically solve this problems by giving users control over their data in terms of storage, transmission and distribution. It employs many sophisticated technologies to achieve the privacy and security of users data, accurate record-keeping, prevention of system security breach, trustless communication. They are; smart contract, blockchain, artificial intelligence, augmented reality, machine learning, cryptocurrency, etc. These technologies are vitally complimentary to each other.

4.0 WHY TOKENPOCKET IS THE BEST GATEWAY TO WEB3.0
To access the web3.0 ecosystem, specially built and designated gateways are needed. Just like websites and web applications are needed to gain access to the internet in the web2.0/1.0, web3 gateways  allow users to communicate privately or publicly according to their choice. Many gateways have emerged over time, but most of them are limited in their areas of application and blockchain networks they cover. A leading web3.0 gateway therefore came up to solve the complexities and fill lacuna in other platform. TokePocket, with the visions of the web3.0 ecosystem in mind now thrives on a fertile promise of guaranteed security, safety, privacy, inclusion, and access to almost all networks. TokenPocket is the word’s leading multi-chain, decentralized, self-custodial, and secure wallet with over 20 million trusted users globally. The platform has both mobile wallet and browser extension that allow users to carry out transactions from over 1000+ supported Blockchain networks, including all EVM-compatible chains, EOS isomorphic chain,  Cosmos, Polkadot and Kusama's parallel chain, etc. The number of supported networks in a platform is a critical factor in the web3.0 space, as most platforms only recognize few blockchains. TokenPocket although originally built on the etherum network supports almost all blockain networks in existence. Another advantage of TokenPocket over other gateways is the user-friendly interface which is alluring and attractive. In the area of partnership, TokenPocket has cooperated with companies in the web3 space that share its visions, to complement each other in providing secure, fast and reliable services to users. One of such notable partnerships is Transit Swap and 5Degrees. Transit Swap is a cross-chain bridge and aggregation pletform that has been embedded into the TokenPocket platform, and now, users are able to cross-chain swap tokens from one blockchain network to another at discounted fees when the Transit Swap user acquires some amount of TPT - TPT is the native token of TokenPocket. On the other hand, 5Degress is a decentralized social network protocol that hopes to solve the problem of data ownership on the internet. The platform also aids the minting, trading and on-chain nft storage. On the area of security, TokenPocket platform uses three-layer encryption, and this helps to maintain security of tokens and NFTs stored on the chain. Meanwhile, TokenPocket is a self-custodial wallet, that means only users themselves can control their own assest and the secret recovery phrase and private key are only held by users.

5.0 CONCLUSION
Web3.0 is the internet of the future that guarantees adequate security for every person on the internet. It ensures the security and privacy of users data, hence, its replacement of web2.0 is very essential. Most importantly, TokenPocket is the best gateway to the web3.0 with its present and constant innovations. Download TokenPocket from the official website: tokenpocket.pro
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