Several important concepts related to Web 3.0 include decentralization (distributed computing), blockchain, cryptocurrency and the Metaverse. While there may be challenges, let's look at Web 3.0 opportunities and anticipate what lies ahead.
Most experts believe that blockchain cannot simultaneously achieve security, decentralization and scalability. This is known as the blockchain trilemma. It is a situation that developers encounter when building blockchains, requiring them to sacrifice one aspect as a trade-off to accommodate the other two.
One factor to consider is that Web 3.0 protocols typically evolve slowly and rely heavily on centralized platforms to iterate on new functionality.
#web-30 #decentralization #blockchain #cryptocurrency #metaverse #scalability #interoperability #centralization
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