Web2 and Web3 are similar technologies, but developers approach challenges differently. Web2 focuses on reading and writing content, whereas Web3 focuses on creating content. The latter utilizes blockchain technology to facilitate user information exchange and enhance security.
Around 20,000 smart contract developers work full-time in DeFi and Web3, but it’s a small number of the 27 million developers globally. At the same time, the number of Unique Active Wallets interacting with blockchain applications reached an average of two million per day. Still, compared to Web2 app Instagram’s 500 million daily active users and 4.2 billion likes per day – blockchain apps fight to onboard users.
Ethereum and its Solidity programming language have long been the go-to choice for DeFi developers building financial services on the blockchain. However, DeFi on Ethereum has seen over $285m in hacks; the rewards could be more fairly shared, and Ethereum continues to be congested and expensive.
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We współpracy z: https://cryptodaily.co.uk/2022/12/defi-and-web3-are-broken-developers-can-fix-it-using-blockchain
