Is Web3 like Playing Minecraft?

Understanding Web3: The Next Internet Revolution Web3 is gaining attention as the cutting-edge evolution of the internet, promising a future where users reclaim control over digital assets, identities, and data. Driven by blockchain technology and smart contracts, Web3 aims to decentralize power currently held by tech giants like Google, Meta, and Amazon, creating an open, user-focused…

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DeFi vs. Web3: Key Differences Explained

Understanding the distinction between DeFi and Web3 is crucial for anyone exploring the modern blockchain ecosystem. While closely connected, DeFi (Decentralized Finance) and Web3 represent different layers and scopes of decentralization in digital technology and online finance. Is DeFi Part of Web3? Yes, DeFi is a subset within the broader Web3 ecosystem. DeFi leverages blockchain technology…

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