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Advocates of web3 will inform you that the decentralized net brings larger resilience and safety in comparison with Internet 2.0 due to its underlying blockchain-based know-how.
Internet 2.0, which first debuted within the early 2000s with a give attention to user-generated content material, wealthy consumer interfaces and cooperative companies, additionally introduced with it a brand new wave of safety threats, together with malware, phishing, social engineering, spoofing, cross-site scripting, SQL injection and knowledge breaches, to call only a few.
Web3, a time period encompassing a number of applied sciences comparable to cryptocurrencies, NFTs and DAOs, actually gives the look that it’ll make such threats a factor of the previous: Not solely does web3 give folks extra management over their knowledge, nevertheless it depends on distributed applied sciences, comparable to blockchain, to clean out the various flaws of its predecessor.
In actuality, nonetheless, web3 is not any safer than Internet 2.0, and it’s already creating a brand new playground for opportunistic cybercriminals. That’s as a result of though it represents a shift in what the web can do and shall be used for, it doesn’t change how the web essentially works.
New and unimproved
Whereas it guarantees to be absolutely decentralized, web3’s user-facing parts primarily function on Internet 2.0 know-how, comparable to APIs and endpoints, regardless of being constructed on blockchain know-how. Which means customers of web3 companies and decentralized apps, or “dApps,” proceed to depend on legacy applied sciences for making transactions and in the end implies that web3 is susceptible to the entire traditional safety points that plagued its predecessor, from DNS hijacking to cross-site scripting. Web3 corporations even have to speak with their customers, largely via Internet 2.0 applied sciences comparable to e-mail or on-line messaging which might be additionally vulnerable to legacy safety points.
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