Forget Web3, Web5 is the future of the web? – Katoch Tubes
All you need to know
about WEB5
All you need to know
about WEB5
By: Katoch Tubes
What isWEB5?
What isWEB5?
Web5 is a
decentralized web platform that aims to return ownership & control over data & identity to the user.
Literally its a
combination of
web3.0 + web2.0
Who'sbehind WEB5?
Who'sbehind WEB5?
Web5 is developed
by The
Block Head, founded
by Jack Dorsey
(Twitter's Founder).
The platform is
completely built &
run on the Bitcoin blockchain.
Web5 Vision
Web5 Vision
To create a new class
of decentralized apps
and protocols that put individuals at the center by
empowering them
with self-owned identity and restore control over their
data.
WEB3 vs WEB5Why we needWEB5?
WEB3 vs WEB5Why we needWEB5?
Web3 stands for decentralising the
internet. However, majority projects are
being funded &
owned by VCs while
web5 has no VC control & its a
truly user owned
entity.
Still! What's soSpecial aboutWeb5?
Still! What's soSpecial aboutWeb5?
1. Total data control &
ownership
2. Built on the Bitcoin blockchain
3. No token to invest in
4. 100% decentralized
5. Backed by an independent
organization.
WEB5Key Actors
WEB5Key Actors
1. Wallet:
For identity and data interactions.
2.Decentralized Web Nodes:
Personal datastores
3. Decentralized Web Apps:
DAPPS similar to web3 protocols.
What is in itfor you?
What is in itfor you?
Users will be able to use the web platform, taking control of their digital identity.
On the flip side, it won't have the token economy to get you more gains.