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COMPATIBILITY IS AT THE HEART OF WEB3

 


More opportunities & greater growth

Products such as Microsoft's Netscape Navigator and Internet Explorer eventually made the Internet an open platform for anyone with access to the Internet, on which anyone could build on top of the existing infrastructure. This openness was key to its explosive growth and led to many innovations we take for granted today, such as Google and Facebook.


Today we stand on the cusp of a new era of openness, made possible in part by blockchain technology. This new wave of open infrastructure - often referred to as Web3 - promises even more radical innovations and even greater growth.


The advantages of the decentralized structure of Web3 include increased transparency between all participants, the elimination of third-party providers and lower costs. Compatibility, the ability of different applications to work together and build on each other, is an extension of these benefits.

One of the most interesting & promising aspects of the composition ability is that it allows for a variety of use cases. For example, developers can use existing programs and build on them to create new applications. This open code and interoperability opens up a whole new world of possibilities to improve existing dApps, connect different dApps together and develop new, standalone dApps.


Broadly speaking, there are two types of compositional ability: syntactic and atomic. Syntactical composability means that components are viewed as independent building blocks that can be combined into entirely new systems. For example, a crypto swap smart contract is a building block that anyone can use to create a new application. And since these building blocks are open source, they can be freely modified and reused.

It is of enormous importance that the infrastructure for Web3 is built on open source principles . In the context of composability, "open source" doesn't just mean that the code is available to everyone. That goes without saying. Open-source also means users don't have to commit to a specific platform or vendor.


For example, Web3 applications that use databases and require users to set up an account do not provide true or "native" Web3 services. But with truly open source applications, users don't need to set up an account. They can simply connect their wallet to the application and use it

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