Crypton (CRP) — Web 3.0 Privacy Coin
Web, URL, DNS, HTML — when it comes to the internet, from the technical side it seems extremely complicated and incomprehensible. Of course, partly that is correct. But everyone can understand the basic features and why Web 3.0 is the future and Web 1.0/2.0 are forgotten history.
In this article, we will explain in simple language the essence of the Web 3.0 concept, how it differs from previous versions, and why cryptocurrency projects are an integral part of it. And also tell you about CRP — the Web 3.0 privacy coin available now.
Previously, we’ve talked about CRP privacy coin. If you missed, you can find the article here.
How is the internet different from the Web?
Contrary to popular misconception, the internet and the Web are not the same thing. If the internet is a network that unites millions of computers around the world, then the Web is one of the tools of unification. In other words, the Web is a system of sites linked by URL links using DNS servers.
The future of the internet is predicted here.
The first stage was Web 1.0
Web creator Tim Berners-Lee described its first version as a “read-only” network. This means that content that had previously been distributed on radio or television could now be obtained from any computer connected to the internet.
In Web 1.0, a few users created content for the majority. For example, resources with ads, online catalogs, and so on were popular. You had to go to a special guest page and send it via an email client to leave a comment.
Initially, the system worked through modems and telephone networks. Because of this, it was chaotic and unstable, but the problem was solved with the advent of dedicated lines and internet service providers.
At the same time, people’s expectations of the new sphere were overstated, which led to the legendary “dotcom boom.” That experience is now often cited as an example in talking about the crypto market when someone wants to point out that this industry is a bubble. Nevertheless, people were euphoric about the opportunities that the internet could provide them for a short time.
At the same time, the industry was young, so most entrepreneurs did not understand how to manage this business. As a result, the valuation of many companies was overestimated, and they themselves tried to attract as much money as possible. The slogan of that time was the phrase: grow fast or disappear. However, investors realized that the startups they were investing in could not begin to make a profit.
As a result, in the 2000s, many internet companies went bankrupt, and investors suffered losses. However, those who survived this period became IT giants, such as Amazon or eBay.
The second stage was Web 2.0
2004 was the birth year of the internet as we know it now. Then O’Reilly Media co-founder Dale Dougherty and publisher Tim O’Reilly emphasized the importance of the content that users themselves form. Therefore, the key platforms of the Web 2.0 era were the social networks Facebook, Twitter, and YouTube video hosting.
Literally everyone who has access to the network can publish their content on various platforms. This led to the popularization of the internet and gave a powerful impetus to the development of mobile devices and applications and various online platforms. Furthermore, because the internet began to bring high income, large providers began to appear, which improved the quality of access to the network and reduced the price of this service. This again had a positive impact on the popularity of the internet, but at the same time, it became a key reason for its centralization.
Now Amazon’s services run business websites around the world, and Google and Facebook control data on billions of users. Sometimes this leads to global problems. For example, the failure of Amazon Web Services (AWS) that occurred in November last year affected the work of thousands of services, from Pokémon Go to League of Legends games.
And leaks of information about millions of Facebook users have led to a global scandal. This became one of the key arguments of financial regulators who opposed the Facebook Libra crypto project (after rebranding, it became known as Diem.)
The third stage is Web 3.0 — the internet of the future
Web 3.0 is a new version of the same Web created in the last millennium, but it works based on machine learning and artificial intelligence (AI). The concept is aimed at open, interconnected websites and web applications related to understanding data and learning computers using AI. Due to this, it is possible to get the most up-to-date information in a short period.
In Web 3.0, each user will receive information explicitly adapted for him or her. The concept of this system is not new. Back in 1999, Web 1.0 creator Tim Berners-Lee introduced it under the name “Semantic Web.” This network should allow computers to handle various mechanisms embedded in trade, bureaucracy, and people’s daily lives.
It is assumed that the new version of the Web will be able to use peer-to-peer technologies (P2P), such as blockchain, open-source software, virtual reality, and the Internet of Things (IoT). But these advanced technologies are only a small part of Web 3.0.
So, now most applications are created for a specific operating system, for example iOS. Thanks to Web 3.0, they will be able to work on any systems without requiring separate development. This is a step towards the decentralization of the internet, where users will not be forced to depend on the capabilities and solutions of providers. And this, in turn, will make the internet a safer environment, including in terms of data security.
Among other advantages of the new version of the internet: the ability to provide each user with more personalized information that meets their needs, more targeted advertising, better customer support.
CRP — Web 3.0 privacy coin
Web 3.0 gives people back control over their data and digital assets. For this reason, many crypto projects are actively developing the concept of Web 3.0.
Nevertheless, it is decentralization that is one of the most important principles of Web 3.0. For example, the Utopia P2P decentralized ecosystem does not need third-party control. It is safer (due to the absence of central control points) and more efficient due to the absence of intermediaries. Its developers are a group of IT enthusiasts who have been able to create a future that is available now.
Read more about Utopia P2P benefits here.
In the ecosystem, both the spheres of cryptocurrencies and Web 3.0 and the Idyll browser and the instant messenger and the uMessenger and uMail are securely connected. None of the tools track user activity and do not even know their IP addresses. Registration and use of the ecosystem are completely anonymous.
The ecosystem’s own crypto project is Crypton, which is a private coin and the main monetary unit of the ecosystem. Crypton allows you to conduct financial transactions in the most secure and untraceable way. No one has access to transaction details.
Crypton is a “fair launch” coin with 100% of newly minted coins going to miners and holders/stakers — there is no team allocation, there can be no airdrops, and there are no lockups.
E-commerce conducted in the ecosystem using integrated payment APIs may only be made in Cryptons (CRP). CRP transactions in Utopia are confirmed with immediate effect on the P2P network.
Finally, holding Cryptons (CRP) in the integrated Utopia wallet entitles the user to monthly staking rewards in the form of additional CRP.
Crypton’s ideology and main priority is striving for complete anonymity and privacy protection to deliver the highest level of freedom, security, and stability to its users.
For buying, selling, changing, trading, or withdrawing Crypton, there is the no KYC Crypton Exchange platform. It is integrated into the Utopia P2P ecosystem, which ensures its worldwide availability. In addition, the exchange provides several other cryptocurrencies to buy: Monero, Bitcoin, DAI, UUSD, and USDT. Soon, even more coins will be added on the platform.
If you want to know more about Crypton Exchange, you can read it here.
Utopia P2P and cryptocurrency provide users with the new internet — Web 3.0 — making it possible to work on any systems without special improvements, applications, and add-ons.