As a further development and evolution of the traditional Web (Web1) and the social media Internet (Web2), Web3 is decentralized. It is built and operated by all users themselves. It advocates defending user rights and starting from the centralized model. Delegate power to the general public and create a decentralized value Internet. Both Web1 and Web2 use centralized organizations to store data and protect data privacy. Just like in the traditional banking model, a centralized third party protects necessary and valuable private information.
At present, the main features of Web3.0 include: open and transparent blockchain ledgers, decentralization, etc. The data on the chain is recorded through the blockchain, including our transactions and the information generated in the transactions, generally including: transfer sender, transfer receiver, and transfer amount. However, solving these problems cannot be solved directly by one or two applications, but needs to be combined with Web3 differential privacy, zero-knowledge proof and privacy computing.
What is Web3?
The concept of Web3.0 is a relatively decentralized, automated and intelligent new Internet world based on the complete return of users’ personal digital identities, digital assets and data to individuals.
Web development history
In the early 1990s, with the emergence of the underlying protocol of HTTP, mankind entered the Internet era —
Web1 refers to the early stage of the Internet, which was mainly characterized by static web pages and simple information transfer. In Web1, most website content is created and maintained by website owners, and users can only obtain information passively, lacking the ability to interact and user-generated content.
Web2 is the current phase of the Internet, characterized by social media, e-commerce, and online services. Web2 provides users with more opportunities for interaction and participation. Users can share, comment, like and other activities through social media platforms, and can also conduct transactions such as shopping, payment and evaluation through e-commerce platforms.
Web3 refers to the future development direction of the Internet. It is based on distributed technology, blockchain and cryptocurrency and is committed to building a decentralized Internet ecosystem. The core concept of Web3 is to give users more data control and privacy protection, and to implement programmable decentralized applications through smart contracts, allowing users to conduct independent value exchanges and participate in consensus decision-making.
In Web3, users can have their own digital identity and control the use and sharing of their personal data. Users can exchange value through cryptocurrencies, own their own digital assets, and participate in decentralized autonomous organizations (DAOs) for voting and decision-making.
Characteristics of the Web3 era
Web3.0 is a new generation of decentralized Internet based on blockchain technology. It represents the Internet’s shift toward a more democratic paradigm, co-constructed, co-governed, and shared by users and communities.
Open: User behavior is not restricted by third parties; applications are highly combinable and complex; traditional world wealth can be integrated into Web3.0 without permission and without delivery.
Privacy: Data ownership belongs to the user, and value transfer does not require third-party authorization.
Co-construction: Content and applications will be created and dominated by users; the token incentive mechanism allows creators to receive fair returns; on-chain management achieves decentralized autonomy.
Also, a very important point in Web3.0 is that users truly have control over their own identity and data ownership. To realize the vision of Web3.0, they must have their own privacy on the chain/network.
Aleo is perfectly integrated with Web3
As the first decentralized privacy application development platform, Aleo integrates zero-knowledge encryption technology through the decentralized system of the blockchain to protect data on the network, providing users and application developers with absolutely private computing and data protection. Users can freely choose to disclose or hide their information, and data information will not be forcibly obtained. Data rights can be truly confirmed, and then value distribution can be achieved. At the same time, Aleo mainly formulates standard development languages for the industry and provides a complete set of basic services: Aleo currently provides a full-stack solution combined with zero knowledge to ensure that each layer of the application stack is programmable, usable, decentralized and private. calculate. And from the Leo programming language, Aleo Studio development environment, tool side, RPC, development, deployment and sustainability of privacy protection applications, etc. In other words, the programs developed by ordinary programmers on the Aleo platform are privacy applications, which protect the privacy of developers and users.
1. Privacy protection: Aleo is a blockchain platform based on privacy protection, and one of the goals of Web3 is to provide better user privacy protection. Aleo ensures the privacy of transactions by using Zero-Knowledge Proofs to ensure that users’ sensitive data is not leaked.
2. Decentralization: Web3 is a decentralized concept that aims to achieve decentralized applications and services through blockchain and related technologies. As a blockchain platform, Aleo supports the development and deployment of decentralized applications and is in line with the concept of Web3.
3. Smart Contract: Smart contract in Web3 is a computer program that executes code in a decentralized application. Using smart contracts can achieve automated transactions and logic execution. Aleo also supports the development and execution of smart contracts, thus linking to Web3’s smart contract concepts.
To sum up, Aleo and Web3 are closely related, and both are committed to providing better privacy protection, decentralization and smart contract functions to promote the development of the next generation Internet.
Aleo’s dedication to privacy
Aleo’s technology framework encourages developers to leverage the power of these zero-knowledge primitives. By enabling private, scalable and cost-effective application execution, Aleo lays the foundation for a truly private Web3 ecosystem. As we embark on this transformative journey, expect greater insights into how these building blocks are redefining the digital interaction landscape.
Aleo not only provides a basic development environment for web programming developers, the Aleo economic model allows more web developers to develop their own privacy applications (such as: dapp, financial applications, Defi, Gamefi, e-commerce, social networking, entertainment and other aspects of our lives, etc.), promote the implementation of the entire ecological application, and ultimately present users with safe and private applications.
Aleo has the openness, privacy, and co-construction characteristics of Web3. With the launch of the Aleo main network, Web3 applications based on the Aleo privacy network will usher in a spurt of development. Aleo not only represents the future of privacy, but also accelerates us into the Web3 era. Let us witness the development of Web3 together.
