Since the arrival of Bitcoin and Blockchain technology the internet has become a bit more decentralized, I want to mention that nowadays we can find decentralized investment and online platforms that do not depend on a company or a centralized organization, that is, since Blockchain technology, exists we can mention the Web 3.0 and that's great, but what are the benefits, risks and how this can change the internet.
Web 3.0 has become really cool because the users that makeup Web 3.0 are the ones in charge of making it all work, i.e. leofinance.io is built on Hive technology, but it is not only this, besides Leofinance is built on a decentralized protocol there are many users investing in $LEO because the token is simply very useful, but what I really want to say is that for LeoFinance to stop working it is necessary that all users leave and sell their $LEO and it is really possible that our community stops working, but there are many users contributing value on a daily basis, both investors and users who write posts to then invest in their projects or in $LEO.
Why Web 3.0 can change the Internet completely?
Many users know what has happened with FTX Exchange and this is just an example of how centralization works and what are the risks, so I want to compare FTX Exchange with LeoDex, now let's talk a little about LeoDex, this is basically a DEX where users can exchange their $HIVE for $LEO or exchange their $HIVE for any other cryptocurrency, but LeoDex is built with Hive technology, therefore it is something decentralized and it is the users themselves who have the power to make it collapse or simply stop working, now let's talk a little bit about FTX Exchange, this is basically a CEX, therefore it is a Centralized Exchange and the company has the power to decide if the Exchange stops working or continues working, something very unpleasant, even recently I read about Celsius Network and I noticed that they have suspended the deposits, this is basically an example of how Web 3.0 works, in Web 3.0 the users are the owners of the platform and in the conventional Web, the owners are responsible for everything.
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