The retail market often makes the mistake of understanding crypto only as 'digital coins.' In reality, cryptocurrencies and blockchain are part of a much larger macro-economic shift that we call Web3. In the beginning of Chapter 5 of Demented Capital's strict Educational Analysis series, we will aggressively decode this structural evolution of the internet.
The architecture of the Internet has evolved through three major phases:
1. Web1 (The "Read-Only" Era: 1990s - 2004):
This was the early phase of the internet. Here, websites were strictly static (like the early versions of Wikipedia or news portals).