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What Is Web3?

What Is Web3?

1h 13mBeginner2022-06-03

Authors

Morten Rand-Hendriksen

Morten Rand-Hendriksen

Senior Staff Instructor, Speaker, Web Designer, and Software Developer

Course details

Whether you realize it or not, and even if you can’t define it, Web3 is everywhere—on social media, in the news, in people's investment planning. While it makes big promises, its vocabulary is unique. If you’ve heard buzzwords like “blockchain” or “decentralization” or anything about cryptocurrency, but aren’t sure what it all means, this course can help you make sense of the jargon and technologies underpinning it all. Join instructor Morten Rand-Hendriksen as he explores the many parts of Web3 to help you gain a firm grasp of the principles and practices around the ideas for a new iteration of the Web. This course is set up as a reference tool on Web3, so you can watch one video, or the entire course, depending on what you need to know. Whether you want a high-level explanation of Web3, or want a deep dive into how blockchain technology works, Morten’s course has got you covered.

Skills covered

BlockchainWeb3CryptocurrencyFinance and AccountingData ScienceOpen SourceOne-Off

Concepts

0. Introduction

  • 01 - Web3 - The next generation

1. Web3, Web 3.0, and the Metaverse

  • 02 - What is the 3 in Web3
  • 03 - What is the metaverse
  • 04 - What is the promise of Web3
  • 05 - What is decentralization
  • 06 - What are DeFi, GameFi, DeSci, and other Web3 acronyms
  • 07 - What is a dApp (decentralized app)
  • 08 - What is decentralized storage
  • 09 - What are the challenges of decentralized storage

2. Blockchain and Web3 Basics

  • 10 - What is a blockchain
  • 11 - What is a block
  • 12 - What is a decentralized blockchain
  • 13 - What is a consensus mechanism
  • 14 - What is (crypto) mining and forging
  • 15 - What is proof of work (POW)
  • 16 - What is proof of stake (POS)
  • 17 - What is a cryptocurrency
  • 18 - What are tokens and coins
  • 19 - What is an NFT
  • 20 - What is a crypto wallet
  • 21 - What is a smart contract
  • 22 - What is a DAO (decentralized autonomous organization)

3. Into the Future

  • 23 - Is Web3 the future of the web

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