What is Web 5? Jack Dorsey announces a new platform built on Bitcoin Blockchain

 What is Web 5? Jack Dorsey announces a new platform built on Bitcoin Blockchain

Jack Dorsey tbd web theblock: Jack Dorsey, the former Twitter CEO, begin a new stage on Twitter called ‘Web5’. It is a combination of Web3 and Web2.0 built on the bitcoin blockchain. Web5 promises to fix the issue of fix personal data. As per Twitter, “We struggle to secure the personal data hundreds of accounts and key we can’t remember. On the web today, identity and personal data have become the goods of third parties.” Web5, the potentially revolutionary technology will be designed to permit the users to take control of their own data rather than supply it away to the third parties.

this will be likely be our most for most grant to the internet. proud of the team.

What is Web5?

Web5 is growth by The Block Head (TBH) and that is one of the Bitcoin Business units at Jack Dorsey’s block (formerly square).

Web5 brings decentralized identity and data storage to request . As per Twitter, Web 5 lets growth focus on creating delightful user experiences while returning the ownership of data and the identity to personal .

Web5 platform: Key Detail

Web5 stage is built to supply two core use cases: personal will be have the ability to ‘own their data’, and they will be able to ‘control their identity’. These use cases will be supported by wallets, decentralized web nodes (DWNS), and decentralized web apps (DWAS).

Explaining how Web5 wants individuals to have the ability to ‘own their data’

A new stage on Twitter ‘Web5’ wants personal to have the ability to ‘own their data’. For sample , Alice holds a digital wallet that securely manages her identity, data, and authorizations for the external apps and connections. Alice uses her wallet to sign in to a new decentralized social media app.

even so , as Alice has connected to the app with her decentralized identity, she does not demand to making a profile, and all the connections, relationships, and posts that she making between the app are stored with her, in her decentralized web node. With the use of Web5, Alice can simple switch apps whenever she wants, taking her social persona with her.

Web5: What is the difference between traditional Web2 and new Web5 ecosystem?

The difference between the traditional Web2 request and the new Web5 ecosystem is that in Web2, progressive web apps relay details directly to the centralized servers within the minimal cached information stored with the users. While Web5 works between the scatter web nodes that are owned by the users instead of a centralized server.