What is Web 3? - Sigwo Technologies LLC

There are a few fundamental differences between web2 and web3, but decentralization is at its core.

Web3 enhances the internet as we know it today with a few other added characteristics. web3 is:

• Verifiable
• Trustless
• Self-governing
• Permissionless
• Distributed and robust
• Stateful
• Native built-in payments

In web3, developers don’t usually build and deploy applications that run on a single server or that store their data in a single database (usually hosted on and managed by a single cloud provider).