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Web 3.0 and the Distributed Ledger

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State

Web 3.0's decentralized applications run without a centralized server — executing smart contracts, programs run on a distributed ledger, independent nodes recording, sharing, and synchronizing transactions.

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A record kept identically in many places, trust placed in visible code, replaces the central keeper.

Watch for

A phase still arriving — understood fully only in hindsight.

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  • Nothing yet depends on this.