The Myth of Decentralization and Lies about Web 2.0 · EmilyGorcenski.com

Web3 is a new vision of the internet. It takes us away from today’s centralized internet, where data is stored in servers managed by trusted counterparties like Facebook and Google, to a decentralized internet, where a trustless network of peer-to-peer servers manages and verifies data.

Web 1.0 didn’t create a strong way to expose reputable content, but it completely democratized content creation, distribution, and monetization.