How Web3 resolves fundamental problems in Web2 By Cointelegraph

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How Web3 resolves fundamental problems in Web2

For mainstream adoption of Web3, prevalent challenges need to be dealt with. These include centralized infrastructure, lack of regulatory clarity and rug pulls.

While Web3 is perceived to be decentralized, developers integrate Web3 applications with Web2 protocols to make them work. This creates a scenario where functioning of decentralized applications is hinged to a centralized infrastructure.

Data ownership

Data security

Unfair censorship

Financial freedom

Transparency

Automation

Creator economy

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