Introduction to Web3 and Blockchain

What Web 3.0 is about ?

• The static web where we may read only the content provided by the website

• Semantic web where you can read, write and own data from the internet.

• Dynamic web where along with reading, writing was also possible

• All of the above

What best describes a blockchain?

• A distributed ledger on a peer to peer network

• A Centralized Database

• An Exchange

• A type of Cryptocurrency

  
  

Which statement best describes the metaverse?

• A virtual world that connects people worldwide without the internet

• A non-physical world designed for people involved in VR gaming activities

• A virtual world designed to support the latest 5G mobile technology

• A non-physical world in which people interact virtually through technology.

  
  

Which of the following statements is NOT true?

• Bitcoin was designed to be an alternative to traditional currency

• Ethereum has multiple applications in addition to being an alternative to traditional currency

• The ethereum network's currency is called ethcoin.

• A smart contract is a program that runs on the Ethereum blockchain.

  
  

What’s the best way to describe Web3?

• User-centric

• Application-centric

• Process-centric

If the Web 1.0 experience is like going to a library and the Web 2.0 experience is like talking with a group of friends, what will the Web 3.0 experience be like?

• Having a personal assistant

• Going to class in a university lecture hall

• Going to a movie theater with every film and television show available to watch any time you like