Ask HN: ELI5 – Crypto, Blockchain And Web3.0
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But I feel like huge things are happening in the cryptocurrency and blockchain world, such as Web3.0, and I am not sure I understand them.Can somebody ELI5 what the fuss around cryptocurrency and blockchain?Particularly, I’m on the lookout for answering to the next questions:1. Is blockchain a revolutionary technology and what’s it is real purposes (other than cryptocurrency)?2. Is cryptocurrency the longer term of cash? And why its hated on HN?3. What the hell is Web3.0 and the way its related to the above 2?Thanks!
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One other piece of the web 3.0 puzzle was dreamed of means again within the 1990s. The idea was computers would be capable of contextualize info a lot just like the human mind. Past simply understanding what the information is, the AI (artificial intelligence) would understand the meaning and emotion behind the data, serving it as much as humans in a extra intelligent manner than search engines like google do at the moment.
Worldwide journey and commerce, the Internet and globally accessible media outlets continue to make the world a much smaller place. Main oil and communications corporations boast higher financial institution holdings than many international locations’ gross national merchandise and command world political affect. Yet the world remains to be an enormous mosaic of traditions, societies, values and beliefs — all the elements that make up native culture.
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