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The term Web3 was originally coined by Etherium co-founder Gavin Wood as a secure, decentralized, peer-to-peer version of the Internet. The idea was to build an Internet based on blockchain technology and a peer-to-peer network, without the need for large data centers or third party providers. These days, however, blockchain is most famous as the tool enabling cryptocurrencies. Most recently, the Trump administration has taken on a pro-cryptocurrency stance, boosting blockchain’s popularity and media…
