which best describes the Web 3.0 keyword executable
Answer (1)
Answer:- Web 3.0 is about decentralization: It emphasizes technologies that shift power away from centralized entities like large tech companies. This means: - Decentralized Applications (dApps): Software that runs on a blockchain, not on a single server.- Decentralized Finance (DeFi): Financial services built on blockchain technology, often with smart contracts.- NFTs (Non-Fungible Tokens): Unique digital assets that represent ownership of things like art, music, or even virtual land.- "Executable" is more related to code: It implies something that can be run, like a computer program. While blockchain code is essential to Web 3.0, the term "executable" isn't used to describe the overall concept. More accurate Web 3.0 terms: - Decentralized: The core principle of Web 3.0.- Blockchain: The underlying technology that enables decentralization.- Smart contracts: Self-executing agreements stored on a blockchain.- Interoperability: The ability for different blockchains and dApps to work together.- Open source: Code that is publicly available for anyone to use and modify.
