Tesla CEO Elon Musk and Twitter co-founder Jack Dorsey ⁠— two of the world’s best-known tech billionaires ⁠— have been voicing their thoughts on a hypothetical new iteration of the internet this week: “Web3”. While still a hazy concept, Web3, or Web 3.0, has been hailed by proponents as a decentralized version of the internet based on blockchain, the technology behind many major cryptocurrencies and nonfungible tokens, or NFTs. A plethora of entrepreneurs around the world are trying to design and build the technologies and protocols that would support Web3. Advocates oeb3". (full story)