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What are the differences between web 1 and web 2 in the context of digital currencies?

avatarUmang BasuthkarDec 30, 2021 · 3 years ago2 answers

In the context of digital currencies, what are the main differences between web 1 and web 2?

What are the differences between web 1 and web 2 in the context of digital currencies?

2 answers

  • avatarDec 30, 2021 · 3 years ago
    The main difference between web 1 and web 2 in the context of digital currencies is the level of functionality and user experience. Web 1 platforms were basic and lacked advanced features, while web 2 platforms offer a wide range of features and a more user-centric experience.
  • avatarDec 30, 2021 · 3 years ago
    The main differences between web 1 and web 2 in the context of digital currencies are the level of functionality and the user experience. Web 1 platforms were basic and lacked advanced features, while web 2 platforms offer a wide range of features and a more user-friendly interface. Web 2 platforms also often integrate with decentralized finance (DeFi) protocols, allowing users to participate in yield farming, liquidity mining, and other innovative financial activities. Overall, web 2 platforms provide a more comprehensive and advanced trading experience for digital currency enthusiasts.