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It is
“Web 3.0” is a term used to refer to distributed blockchain-based web services, in case anyone’s curious.
Though with the uptick in Lemmy I wonder if that term will end up being generalized to things like ActivityPub. One can hope.
Honestly i’m pretty sure blockchain just co-opted the web3.0 term, i recall it being used for general decentralization in the past.
at this point let’s just let them have it. we’ll just be web 4.0