Is Web3 Centralized?
No, web 3.0 is not centralized. Web3 is also known as the future version of the internet based on blockchains. These blockchains maintain all records of transactions, and the central organization does not own this. Individuals own and govern their section of data.
Web 3.0 is not maintained by a central organization, and you don’t require permission to access services. No intermediary is required to carry out transactions. This new form of the internet provides high-quality services to establish a stable and secure decentralized network.
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