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The web3 protocol uses blockchain technology and the decentralized users data of decentralized users to keep track of transactions. It can be used to transact between people and businesses. Web 3 What is Web 3 0 in crypto? Web 3.0 is a term to describe the next stage on the web. It refers primarily to the upcoming web platforms that will use blockchain technology, as well decentralized user data. What is 'Web3'? Web3 allows users to run smart contract implementations and customize node implementations. It was created by Vitalik Buterin, co-founder of Ethereum. What is Web3 and How Does It Work? The Confusing Term, Explained Internet blockchain decentralized users data is a term that is often used to describe how blockchain technology works. Blockchain technology is a distributed database used to verify transactions and store them. This technology helps ensure that transactions remain secure and can be tampered with. Web3's key terms, and tech A blockchain is an distributed ...

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