What is Web 3.0?
Since the inception of technology, software engineers are in high demand. Technology has become an inevitable part of our lives thus giving rise to the need for engineers. The gap between supply and demand makes this field lucrative. In last ten years or so, web designing and development has been in main stream where every company wants its corporate presence on the web, along with a platform that they can leverage to attract various clients from different domains.
In my experience with web development, natural progression of every web developer should be towards Web 3.0. In this post I will explain about how to become a Web 3.0 developer and the path to follow to gain the mastery. So, let’s get started.
Learn the fundamentals of Blockchain Technology
The decentralized internet of the future is Web 3.0 which is built on blockchain technology. Once in full swing, there will be no central command and control system and AI along with machine learning algorithms will rule the internet. Web 3.0 is a market that is quickly expanding making it the future generation of the internet. For simplicity it can be defined as a connection between everyone that is not controlled by any group of individuals or organization.
Web 3.0 applications and websites rely heavily on blockchain and its entities like non-fungible tokens (NFTs) and cryptocurrencies. Web 3.0 coins, in particular, are frequently associated with creating a decentralized internet.
Cryptocurrency
Web3 developers will need to be conversant with cryptocurrency, as it is one of the essential applications of the blockchain. They would need to learn about Bitcoin and Ethereum which are two popular cryptocurrencies.
Gavin Wood, the developer of Ethereum, popularized the term “Web 3.0,” and the ETH currency is used to underlie many current NFT operations. It’s also one of the integral software tools for producing decentralized apps (also known as Dapps). Therefore, it’ll be useful in Web 3.0 development.
Learn about Smart Contracts
Smart contracts are how the blockchain can be programmed. They are snippets of code that have been published on the blockchain and written in a language that blockchain nodes can comprehend.
Smart contract developers are in charge of creating smart contracts for blockchain systems. They employ a variety of programming languages, like Solidity and Vyper, to develop smart contracts, which are blockchain programs that execute automatically when certain criteria is met.
Here’s what they’re usually in charge of:
- Smart contract design, development, deployment architecture, yield pools, incentive systems, and strategies
- Implementing fixes in collaboration with smart contract auditors and the rest of your IT team
- Additions and upgrades to smart contracts should be created, implemented and tested
- Investigate the ramifications of smart contract design
Learn Solidity
Solidity programmers design and deploy smart contracts on Ethereum-based programs using the Solidity language. Solidity’s syntax is comparable to C and JavaScript, so developers already familiar with those languages may pick it up quickly. Solidity has several advantages over other languages.
Including Following:
- Programming that is statically typed
- Access to debuggers, infrastructures, and other tools for JavaScript
- Preciseness
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Useful Web 3.0 Sites
Dapps or decentralized apps are used to describe Web 3 websites. Compared to large websites, these Dapps are still in their infancy, with a limited userbase and community. Now, without further ado, let’s look at some interesting Web 3 websites that you may test right now.
1. Steemit (Social Media Websites)
Steemit is a social media and blogging platform that is decentralized. It is the first social media. Dapp uses the Steem blockchain and is based on it. It works and looks a lot like Reddit but focuses on community rather than individuals and a voting system to rank content.
Visit Here: https://steemit.com/
2. Atlas. Work (Decentralized Freelancing Website)
Work is a blockchain-based freelancing marketplace where you can browse for freelancers or find development jobs. It lists a job as a smart contract to secure a transaction and utilizes machine learning to locate suitable work, empowering a freelancing ecosystem that benefits both freelancers and employers. It accepts a variety of coins but charges $2 for each assignment.
Visit Here: https://www.atlas.work/
3. D.Tube (Video Streaming Platform)
D.Tube is a video streaming site, as the name implies. It, like Steemit, uses the Steem blockchain and incorporates peer-to-peer networks via IPFS.
It has a similar look and feels to YouTube, making it simple to navigate the site, especially for novice users. It contains incentives for uploading, commenting, watching, and sharing videos by using cryptocurrency as a form of payment.
Visit Here: https://d.tube/
4. Filecoin (Web 3.0 Cloud Storage)
Filecoin is a Web3-based cloud storage solution. It stores files and data via peer-to-peer networks, which provide improved interoperability and storage capacity at a reduced cost.
It has a blockchain that is used to keep track of the saved files. It also has a token called (FIL) used to compensate those who lend secure storage space to others’ data. It offers very low prices and is used by several well-known organizations.
Visit Here: https://filecoin.io/
5. PancakeSwap (Decentralized Crypto Exchange)
PancakeSwap is one of the largest decentralized exchanges, built on the Finance Smart Chain. It is steadily expanding and has introduced several new services to its consumers. On this exchange, users may trade BNB and other BEP-20-based currencies.
CAKE, the platform’s token cryptocurrency, is used for yield farming, staking, entering the PancakeSwap Lottery, and voting on ideas through the platform’s community governance interface.
Visit Here: https://pancakeswap.finance/
Examples of Web 3.0 Applications
- Bitcoin is the first cryptocurrency that has been around for almost ten years. The protocol is decentralized, though not the entire ecosystem.
- Diaspora is a decentralized, non-profit social network.
- Steemit is a social media and blogging platform based on the blockchain.
- Augur is a decentralized exchange market.
- OpenSea is a platform built on the Ethereum blockchain that allows to buy and trade NFTs.
Bottom Line
Web 3.0 is the future wave, so get on board now. It may appear a daunting task at first to learn Web 3.0 and blockchain development, but with focus and putting in few hours a day one can accomplish good amount of knowledge and expertise. Learn from the ground up, starting with the principles of computer science and progressing through JavaScript, Solidity, and cutting-edge Defi applications.
Read: How To Accelerate Your Java Developer Career