Is Web3 Different From Peer to Peer Technologies Such As Torrent?

1 year ago
8

Web3 is essentially a a peer to peer network, but the key difference is the use of Blockchain. Bitcoin is perhaps the most famous use-case for blockchain technology, but there are a growing number of protocols under the heading of '''web3" that are based on blockchain technology. To fully understand why blockchain allows us to bootstrap a decentralized web3 it is recommended to read the Ethereum whitepaper, but in short, blockchain adds a level of security to the network that other peer to peer technologies lack.

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