What Is Web3 | Ocular Motor Skills

Web3 refers to a concept for a decentralized Internet, incorporating concepts such as decentralization, [[blockchain|blockchain]] technologies, [[tokenomics|tokenomics]], and [[privacy-enhancing-technologies|privacy-enhancing technologies]], aiming to create a more open and transparent online ecosystem. Web3 combines [[smart-contract-platforms|smart contract platforms]], [[peer-to-peer-networks|peer-to-peer networks]], and [[cryptographic-mechanisms|cryptographic mechanisms]], but also involves trade-offs in scalability, interoperability, and governance. As a buzzword, Web3 has sparked both interest and criticism, with some hailing it as a revolutionary concept and others expressing concerns over its feasibility and potential impact.