hello friends

I originally put this together as a resource for a few friends so it's largely oriented around their most common web3 and crypto questions/misconceptions. 70%+ of it is curated from content created by people 10x smarter than me. Iโ€™ll do my best to update it from time to time and feel free to comment questions directly on the google doc or DM me with any concerns / corrections.

If youโ€™re entirely new to Web3 and or the world of Crypto, I hope this guide is a helpful start to your journey down the rabbit hole. Have fun and always DYOR.

What the fk is web3? (read more here)**

Web1 (1980s - early 2000โ€™s) The first phase of the Internet, Web1, was mainly about providing the everyday consumer with online content and information.

Web2 is the version of the internet most of us know and use today. Where Web1 was static and โ€œread-only,โ€ Web2 was โ€œread-write,โ€ and interactive. Under Web2, the internet became more usable: web2 was dynamic and users could consume, interact with, and create content on the internet themselves.

Web3, the future internet weโ€™re moving towards, is a decentralized internet. Under Web3, the internet is shared online and governed by the collective โ€œwe,โ€ rather than owned by centralized entities.The Web3 world is one that has open-source protocols at its foundation. additional features and Web3 is about rearchitecting internet services and products so that they benefit people rather than entities.

Web1: Read

Web2: Read-Write

Web3: Read-Write-Own

https://lh4.googleusercontent.com/PpQjZB2tJqYsZAvWV1L2i5zHebxcmEeRWXx0v69ErSt5_LZVHkUNVqUoRZ3_aLB2E3khWNyDty5hHl_QgLufnnYKzq0k3-S28CBvyAsL1VemW39f0BV0BJARrWWrsbFmpa0EQEOu=s0

Crypto basics: letโ€™s start from Square 1โ€ฆ

What is a blockchain? (read more here)

Blockchain is an immutable, digital ledger that facilitates the process of recording transactions and tracking assets in a network; it is updated and shared across many computers in a network.

How does a blockchain work?