Web3 is on the rise and it is not slowing down it. It's not new, but at the moment it's gaining traction with the large numbers. This is the next big technology on the web. The opportunities for job seekers in the field of web3 are growing day by day. There is high demand for blockchain developers, Web3 developer, as well as other jobs associated with web3. There are numerous jobs and opportunities for web3 developers and the demand will continue to grow in the near future.
If you are a novice in the web3 development field, it can be hard to understand specific concepts and terms. Previously Web3 Explanation, Web1 was mostly end-user-oriented. It was used to consume information.
Web2 started with the rise of social media, which allows users to create content on the internet. This leads to the popularity of the content creator on the internet and eventually becoming a well-known celebrity. During this period the content creator and consumer both grow together.
Web2 is also known for the centralization of the data. Large corporations control the data of the entire world. One corporation owns several companies that acquire information from different sources. This become one of the major issues facing the web2 and led to the new revolution of the internet.
WEB3
Web3 is regarded as the next revolution of the internet. Web3 involves the decentralization data through blockchain-based applications and the use of tokens to facilitate economic transactions. Web3 is the term "Web3" was coined in 2014 by Ethereum co-founder Gavin Wood. The term has only gained traction lately due to the many tools and platforms that can be used to develop the blockchain-based application.
Developers has mixed feeling about web3. Some considered it an unsustainable trend that will not last for long. Some do believe in Web3 because of these reasons:
The community is growing in recent years for learning and development. There are new ideas for startups based on web3
Companies are developing tools to aid in the development process. There are grants available for web3 projects.
I strongly recommend web developers to test the Web3 at least one time. The two technologies Web2 and Web3 will be able to coexist with one another in the near future. We must learn to comprehend web3 better. Blockchain Development
The blockchain was popularized by a particular person (or group of individuals) who claimed to be the pseudonymous name of Satoshi Nakamoto in 2008. Blockchain solved the issue of decentralization of data on Web2. Since information is distributed among the various nodes, there is no any one person or company having all the data. Great Web3 Video Explanation
Web3 apps are built on the blockchain concept. Bitcoin is a use case of blockchain. It functions as an electronic ledger system to pay for transactions however it is also a platform to conduct any type of data transaction. There is various network based on blockchain like Ethereum, Polygon, Solona, Avalanche, and other.
Dapp or Decentalized application are the applications that use a smart contracts that are deployed on a blockchain network to function.
dApp
Dapp(Decentralized application) is the same program as a web-based application, with the sole exception of smart contracts. It is possible to split the Dapp into these parts:
This is the way it is when it comes to web design. It is essential to build your front-end with HTML, CSS, and JavaScript. You can choose any framework like React, NextJS, or any other framework.
You can utilize the backend to communicate with the smart contract deployed in the network. It is possible to implement this into your frontend, however separating the frontend and backend can help you control the app with ease.
Smart Contract will be deployed on the blockchain network. Our application will be interacting with it to ensure the operation and operation of our application. NFT Marketplace is an example of a dApp. This is pretty much the standard structure that is required to develop of an dApp.
Smart Contracts
Smart contracts are computer-generated programs that cannot be modified once implemented, and executed automatically when the criteria defined in it are met.
In simple words Smart contracts are computer programs written in programming languages. They are not able to be changed i.e, can't make changes once they are deployed. This contract has functions in it, which can be called and executed at any time. It can be executed automatically if defined in a certain manner. Smart Contracts form the backbone of dApp.
Smart contracts are built using blockchain-driven networks. Test networks are available, which are used in the early stages of development to check the operation of the app.
When the smart contract is activated, the execution of the smart contract requires gas fees. Smart Contracts are executed in a Virtual Machine. Ethereum manages the smart contract using the Ethereum Virtual Machine (EVM). These gas fees are paid out in the form of crypto currencies. Ethereum uses Ether.
