Imagine the internet, but super secure and everyone gets a piece of the pie! That's the idea behind Web3, a new way of using the internet that uses something called blockchain. Blockchain is like a super-secure digital notebook that everyone can see, but no one can cheat on. But it needs to be faster!
- Blockchain is slow sometimes, like waiting in a long line at the store.
- People want to use it for games and trading crypto, but it needs to be faster and cheaper.
- Some smart people are working on making it faster, like building special roads to make the line shorter.
Problem | Solution |
---|---|
Slow blockchain speeds | Faster blockchains and new tech like Layer 2 |
High transaction fees (costs) | Cheaper ways to use blockchains |
DeFi (Decentralized Finance) growth | 45% growth expected by 2032 |
If blockchain gets faster, more people will use it for fun games and trading cryptocurrencies, like Bitcoin. The future looks bright if they solve these problems.