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Web 4.0 – Blockchain and AI Will Usher In a More Humane and User-Friendly Web

HodlX Guest Post Submit Your Post Web 2.0, as it’s known, introduced us to social media networks like Facebook and MySpace and platforms like YouTube that empowered everyday internet users to easily publish their content. However, behind these exciting smartphone apps, embedded videos, and user-centric platforms, carefully constructed corporate frameworks tracked, analyzed, and monetized every user interaction. Most of us already know about this manipulation and the threat of having our private data sold and potentially leaked to the public. A more under-discussed legacy of Web 2.0 is the mental health implications of doomsday scrolling and the complex algorithms behind this construct that cause severe mental strain on many of us. Web 2.0’s dark side The Web 2.0 model isn’t all bad. Targeted ads allow users to discover products and services that provide tangible benefits to their lives. However, in most jurisdictions, internet users don’t have an opt-in option for how and who uses their private data. Even after the EU implemented the GDPR (General Data Protection Regulation) in 2018 to protect individual online rights and privacy, insiders believe relevant violations are prevalent at most tech companies. In addition to complex algorithms that provoke emotional reactions that lead to scrolling addictions and mental burnout, state-sponsored and non-state actors actively manipulate newsfeeds with bots spewing propaganda. Between the over-bombardment of ads, provocative content, and the blurring of real and fake and intentionally confusing interfaces, the average internet user suffers from ‘information chaos,’ which can lead to stress and anxiety for many. While social scientists and academics have documented the impact of social media on mental health, little is being done to address information chaos and the burden of Web 2.0’s intense emotional aftertaste. However, these factors continually result in chronic fatigue, depression and social isolation – contributing to a decline in overall quality of life. Constantly waiting for content to load, slow response times on technical support and the mind-numbing toxicity of endless social media scrolling rob users of valuable time and energy that could be spent more productively or enjoyably. Micro-stresses – which people probably don’t notice while online – c an accumulate and lead to serious psychological and physical problems . In some circumstances, this manifests similarly to effects caused by alcohol and drugs. Since Web 2.0 works in opposition to the user’s best interest and in favor of Big Tech and other corporations, a fundamental change in how internet technologies are designed and implemented is desperately needed. The introduction of blockchain technology and smart contracts added an element of decentralization that counters Big Tech power, ushering in the Web 3.0 era, using a token-based economy to incentivize participation. While blockchain and Web 3.0 have achieved a lot, it may not be enough to compete with the Web 2.0 structure. Blockchain plus AI equals Web 4.0 Web 3.0 does, however, provide an important building block for those advocating for an internet that puts user interests before corporate profit margins. ‘Web4’ aims to empower the user by relieving Web 2.0’s cognitive overload and mental burdens that leave a negative emotional impression. Web 4.0 represents the natural progression of the internet – a developer-led revolution combining blockchain technology and smart contracts with powerful AI and AGI (artificial general intelligence) to improve user interactions with digital services. With blockchain’s ability to facilitate secure data ownership and communication alongside diverse and rapidly advancing AI capabilities, Web 4.0 will free users from routine tasks while minimizing the stress factors associated with Web 2.0. At the heart of this transformation is a global AI layer as the basis for Web 4.0, which will operate as a truly decentralized and open-source ecosystem where users have convenient access to a range of services and applications, creating a single integrated solution. Access to Web 4.0 platforms, services or applications hinges on adhering to the ‘three seconds or three clicks’ principle ensuring any access to information or a task receives maximum efficiency. Thanks to optimized AI-powered interfaces capable of anticipating a user’s needs, this principle ensures all services and applications within the Web 4.0 ecosystem are delivered fast without information overload. By building off of Web 3.0’s decentralized principles and capabilities – w hich provide trust instead of centralization – and infusing it with advanced AI systems, Web 4.0 offers the promise of making our lives more efficient and less stressful. Web 4.0 allows us to reimagine social media platforms that will only be able to operate if they eliminate intrusive ads, and excessive notifications and provide streamlined access to necessary information. This vision offers users a new communication standard that doesn’t make them feel like they are in the middle of a corporate competition. The overarching theme behind the Web 4.0 movement is building a human-centric online environment where any participating service must adhere to the principles of transparency, honesty, speed and stress minimization. Decentralized development of ethical AI models and tools ensures safety and transparency, allowing a new internet paradigm to take shape. By not only making information more accessible and tedious tasks easier to accomplish, Web 4.0 provides users with a faster, safer and more transparent source for internet interactions. Web 4.0 envisions an internet where decentralization is achieved not only through blockchain but also through the integration of AI agents capable of performing specific, targeted tasks efficiently and without unnecessary overload or spam. These intelligent agents will act as personalized assistants, seamlessly handling routine activities while ensuring a streamlined and stress-free experience for users. This approach eliminates the intrusive and chaotic nature of traditional Web 2.0 systems, offering a cleaner, more purposeful interaction that respects user preferences and time. Bringing about a true transition to Web 4.0 will prove difficult and may take time, but the growing synergies between blockchain, smart contracts and rapidly advancing AI tools offer hope. Communicating and advocating for this user-centric technology will put pressure on Big Tech and governments to address the problems of Web 2.0, providing the necessary momentum to fuel a real Web 4.0 revolution. Peter Ionov is the CEO and founder of GT Protocol . He is a Ukrainian entrepreneur, engineer and inventor who leads and runs several other companies including Robosoft and Ukr Reklama. Peter is paving the way in Web 4.0, robotics and AI. Check Latest Headlines on HodlX Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/jamesteohart/Natalia Siiatovskaia/Andy Chipus The post Web 4.0 – Blockchain and AI Will Usher In a More Humane and User-Friendly Web appeared first on The Daily Hodl . CoinOtag

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Ethereum Price Drops Back: Another Test for Support Levels

Ethereum price failed to clear the $3,750 resistance and trimmed gains. ETH is back to $3,350 and might struggle to start a fresh increase. Ethereum started a fresh decline from the $3,750 zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $3,675 on the hourly chart of ETH/USD (data feed via Kraken). The pair could struggle to start a fresh increase above the $3,450 resistance level. Ethereum Price Dips Over 8% Ethereum price remained stable above the $3,650 level and extended its upward move like Bitcoin . ETH gained pace for a move above the $3,680 and $3,700 resistance levels. However, the bulls failed to push the price above the $3,750 resistance. A high was formed at $3,742 and the price started a fresh decline. There was a clear move below $3,650 and $3,550. There was also a break below a connecting bullish trend line with support at $3,675 on the hourly chart of ETH/USD. A low was formed at $3,356 and the price is now consolidating below the 23.6% Fib retracement level of the recent decline from the $3,742 swing high to the $3,356 low. Ethereum price is now trading below $3,550 and the 100-hourly Simple Moving Average . On the upside, the price seems to be facing hurdles near the $3,450 level. The first major resistance is near the $3,500 level. The main resistance is now forming near $3,550 or the 50% Fib retracement level of the recent decline from the $3,742 swing high to the $3,356 low. A clear move above the $3,550 resistance might send the price toward the $3,650 resistance. An upside break above the $3,650 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,750 resistance zone or even $3,880 in the near term. More Losses In ETH? If Ethereum fails to clear the $3,450 resistance, it could start another decline. Initial support on the downside is near the $3,350 level. The first major support sits near the $3,320. A clear move below the $3,320 support might push the price toward the $3,250 support. Any more losses might send the price toward the $3,150 support level in the near term. The next key support sits at $3,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,350 Major Resistance Level – $3,450 CoinOtag