Internet inventor Tim Berners-Lee wants us to ‘ignore’ World-wide-web3: ‘Web3 is not the world wide web at all’

Internet inventor Tim Berners-Lee wants us to ‘ignore’ World-wide-web3: ‘Web3 is not the world wide web at all’


Sir Tim Berners-Lee, co-founder and chief engineering of Inrupt, speaking at Website Summit 2022.

Sam Barnes | Sportsfile through Getty Photographs

LISBON, Portugal — The creator of the world wide web just isn’t marketed on crypto visionaries’ prepare for its upcoming and suggests we ought to “overlook” it.

Tim Berners-Lee, the British personal computer scientist credited with inventing the Earth Vast Website in 1989, mentioned Friday that he doesn’t perspective blockchain as a feasible answer for setting up the future iteration of the internet.

He has his very own website decentralization job named Stable.

“It is really significant to make clear in buy to go over the impacts of new engineering,” reported Berners-Lee, talking onstage at the Website Summit event in Lisbon. “You have to realize what the conditions indicate that we are speaking about in fact mean, outside of the buzzwords.”

“It can be a authentic disgrace in fact that the true Internet3 name was taken by Ethereum people for the things that they are performing with blockchain. In actuality, Website3 is not the web at all.”

World-wide-web3 is a nebulous phrase in the tech entire world made use of to explain a hypothetical long term model of the web that is additional decentralized than it is now and not dominated by a handful of effective gamers this kind of as Amazon, Microsoft and Google.

It consists of a couple systems, like blockchain, cryptocurrencies and nonfungible tokens.

Though breaking our personal info out of Massive Tech’s clutches is an ambition shared by Berners-Lee, he’s not convinced blockchain, the distributed ledger technological know-how that underpins cryptocurrencies like bitcoin, will be the resolution.

“Blockchain protocols might be good for some factors but they’re not good for Strong,” a web decentralization task led by Berners-Lee, he reported. “They are also sluggish as well high-priced and as well general public. Personal details stores have to be rapid, inexpensive and non-public.”

“Disregard the World-wide-web3 things, random Internet3 that was designed on blockchain,” he additional. “We are not working with that for Sound.”

Berners-Lee stated men and women way too usually conflate Internet3 with “World wide web 3.,” his have proposal for reshaping the world wide web. His new startup, Inrupt, aims to give buyers command of their personal info, such as how it truly is accessed and stored. The corporation raised $30 million in a funding spherical in December, TechCrunch described.

Berners-Lee suggests that our personalized facts is siloed by a handful of Major Tech platforms, like Google and Facebook, that use it to “lock us into their platforms.”

“The consequence was a large data race wherever the winner was the one particular corporation that controlled the most information and the losers had been every person else,” he said.

His new startup aims to tackle this as a result of 3 strategies:

  • A international “solitary signal-on” attribute that lets any individual log in from any place.
  • Login IDs that let end users to share their information with other individuals.
  • A “popular universal API,” or application programming interface, that allows apps pull details from any source.

Berners-Lee’s not the only notable tech figure with uncertainties about Website3. The motion has been a punching bag for some leaders in Silicon Valley, like Twitter co-founder Jack Dorsey and Tesla CEO Elon Musk.

Critics say it can be prone to the very same problems that come with cryptocurrencies, like fraud and safety flaws.

Crypto enthusiasts want to remake the internet with 'Web3.' Here's what that means



Supply

Safe haven rush begins after Israel strikes Iran
World

Safe haven rush begins after Israel strikes Iran

Investors fled to safe-haven assets Friday after a series of Israeli airstrikes on Iran marked a major escalation of conflict in the region. The scale of the attack, which Israel said was targeting Iran’s nuclear program, took markets by surprise, pushing up prices of assets thought to offer protection in times of heightened volatility. “The […]

Read More
CNBC Daily Open: Tensions in the Middle East boil over
World

CNBC Daily Open: Tensions in the Middle East boil over

Air India Boeing 787 Dreamliner aircraft with registration letters VT-ANB flies over Tokyo, Japan, April 27, 2025 in this picture obtained from social media. Koki Takagi | Via Reuters Israel launched a series of airstrikes in Iran early Friday local time, escalating the simmering conflict between the two nations. Israel said that it was targeting […]

Read More
India moves to tap its rare earth reserves. Experts say it could become an alternative to China
World

India moves to tap its rare earth reserves. Experts say it could become an alternative to China

Indian Rare Earths extracts rare earth elements from beach sands in Kerala, India. Pallava Bagla | Corbis News | Getty Images India, like many countries, is facing China’s restrictions on rare earth exports — and it wants to develop its own domestic supplies. Experts say it could become an important alternative to China for partners […]

Read More