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  • Take immediate action against hate speech: SC

    hate-speech

    The Supreme Court has expressed concern over growing incidents of hate speeches in the country and directed the governments and police authorities to take suo motu action in such cases without waiting for lodging of formal complaints.

    Why in news?

    • There has been rising incidents of hate speeches targeting a particular community in India.

    What is ‘Hate Speech’?

    • There is no specific legal definition of ‘hate speech’.
    • The Law Commission of India, in its 267th Report, says: “Hate speech generally is an incitement to hatred primarily against a group of persons defined in terms of race, ethnicity, gender, sexual orientation, religious belief and the like …
    • Thus, hate speech is any word written or spoken, signs, visible representations within the hearing or sight of a person with the intention to cause fear or alarm, or incitement to violence.”
    • In general, hate speech is considered a limitation on free speech that seeks to prevent or bar speech that exposes a person or a group or section of society to hate, violence, ridicule or indignity.

    How is it treated in Indian law?

    • Provisions in law criminalize speeches, writings, actions, signs and representations that foment violence and spread disharmony between communities and groups and these are understood to refer to ‘hate speech’.
    • Sections 153A and 505 of the Indian Penal Code are generally taken to be the main penal provisions that deal with inflammatory speeches and expressions that seek to punish ‘hate speech’.

    [I] Section 153A:

    • Promotion of enmity between different groups on grounds of religion, race, place of birth, residence, language, etc., and doing acts prejudicial to maintenance of harmony’, is an offence punishable with three years’ imprisonment.

    [II] Section 505:

    • 505(1): Statements conducing to public mischief– The statement, publication, report or rumour that is penalized under Section 505(1) should be one that promotes mutiny by the armed forces, or causes such fear or alarm that people are induced to commit an offence against the state or public tranquillity. This attracts a jail term of up to three years.
    • 505(2): It is an offence to make statements creating or promoting enmity, hatred or ill-will between classes.
    • 505(3): Same offence will attract up to a five-year jail term if it takes place in a place of worship, or in any assembly engaged in religious worship or religious ceremonies.

    Why curb hate speeches?

    • Creates social divide: Individuals believe in stereotypes that are ingrained in their minds and these stereotypes lead them to believe that a class or group of persons are inferior to them and as such cannot have the same rights as them.
    • Threat to peaceful co-existence: The stubbornness to stick to a particular ideology without caring for the right to co-exist peacefully adds further fuel to the fire of hate speech.

    Issues in regulating hate speech

    • Powers to State: Almost every regulation of speech, no matter how well-intentioned, increases the power of the state.
    • Hate speeches are Political: The issue is fundamentally political and we should not pretend that fine legal distinctions will solve the issue.
    • Legal complications: An over-reliance on legal instruments to solve fundamentally social and political problems often backfires.

    Way forward

    • Subjects like hate speeches become a complex issue to deal with, in a country like India which is very diverse, as it was very difficult to differentiate between free and hate speech.
    • There are many factors that should be considered while restraining speeches like strong opinions, offensive comments towards certain communities, the effect on values like dignity, liberty and equality.
    • We all have to work together and communicate efficiently for our country to be a healthy place to live in.

     

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  • What is ‘general consent’ for CBI?

    The Maharashtra CM has restored general consent to the Central Bureau of Investigation (CBI) to investigate cases in Maharashtra.

    General Consent to CBI

    • The CBI is governed by the Delhi Special Police Establishment Act.
    • This makes consent of a state government mandatory for conducting an investigation in that state.
    • Generally, the CBI has jurisdiction only over central government departments and employees.
    • However, it can investigate a case involving state government employees or a violent crime in a given state only after that state government gives its consent.

    When is Consent needed?

    • There are two kinds of consent: case-specific and general.
    • General consent is normally given to help the CBI seamlessly conduct its investigation into cases of corruption against central government employees in the concerned state.
    • Almost all states have given such consent.
    • Otherwise, the CBI would require consent in every case.
    • For example, if it wanted to investigate a bribery charge against a Western Railway clerk in Mumbai, it would have to apply for consent with the Maharashtra government before registering a case against him.

    Withdrawing General Consent  

    • It means the CBI will not be able to register any fresh case involving a central government official or a private person stationed in these two states without getting case-specific consent.
    • Withdrawal of consent simply means that CBI officers will lose all powers of a police officer as soon as they enter the state unless the state government has allowed them.

    Under what provisions general consent can be withdrawn?

    • Section 6 of the Act says nothing contained in Section 5 shall be deemed to enable any member of the Delhi Special Police Establishment to exercise powers and jurisdiction in any area in a State, not being a Union Territory or Railway, area, without the consent of the Government of that State.
    • In exercise of the power conferred by Section 6 of the Delhi Special Police Establishment Act, 1946, the government can withdraw the general consent to exercise the powers and jurisdiction.

    Back2Basics: Central Bureau of Investigation (CBI)

    • Origins of CBI can be traced back to the Special Police Establishment (SPE) set up in 1941 in order to cases of bribery and corruption in War & Supply Department of India during World War II.
    • The need of a Central Government agency to investigate cases of bribery and corruption was felt even after the end of World War II.
    • So, DSPE (Delhi Special Police Establishment) Act, 1946 was brought that gave legal power of investigating cases to CBI.
    • CBI is not a statutory body as it is not established by an Act of the Parliament.
    • CBI investigates cases related to economic crimes, special crimes, cases of corruption and other high-profile cases.
    • CBI comes under the jurisdiction of the Ministry of Personnel, Public Grievances and Pensions.
    • CBI is exempted from Right to Information (RTI) Act similar to the National Investigating Agency (NIA), National Intelligence Grid (NATGRID), etc.

     

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  • India tests medium-range ballistic missile Agni Prime

    agni

    India has successfully test-fired indigenously-developed new generation medium-range ballistic missile Agni Prime from the Odisha coast.

    Agni-Prime Missile

    • Agni-P is a new generation advanced variant of the Agni class of missiles.
    • It is the sixth missile in the Agni series of ballistic missile.
    • It is a two-staged canisterised missile with a range capability between 1,000 and 2,000 km.
    • Many advanced technologies including composites, propulsion systems, innovative guidance and control mechanisms and state-of-the-art navigation systems have been introduced.
    • Significantly, it weighs 50 per cent less than the Agni 3 missile and has new guidance and propulsion systems
    • The missile strengthens India’s credible deterrence capabilities.

    Back2Basics: Agni Missiles

    agni

    • Agni missiles are long range, nuclear weapons capable surface to surface ballistic missile.
    • The first missile of the series, Agni-I was developed under the Integrated Guided Missile Development Program (IGMDP) and tested in 1989.
    • After its success, Agni missile program was separated from the IGMDP upon realizing its strategic importance.
    • It was designated as a special program in India’s defence budget and provided adequate funds for subsequent development.

    Variants of Agni missiles

    1. Agni I: It is a Medium Range Ballistic Missile with a Range of 700-800 km.
    2. Agni II: It is also a Medium Range Ballistic Missile with a Range more than 2000 km.
    3. Agni III: It is also an Inter-Medium Range Ballistic Missile with Range of more than 2,500 Km
    4. Agni IV: It is also an Inter-Medium Range Ballistic Missile with Range is more than 3,500 km and can fire from a road mobile launcher.
    5. Agni-V: Currently it is the longest of Agni series, an Inter-Continental Ballistic Missile (ICBM) with a range of over 5,000 km.
    6. Agni- VI: The longest of the Agni series, an Inter-Continental Ballistic Missile (ICBM) with a range of ICBM 11,000–12,000 km.

     

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  • Species in news: Great Indian Bustards

    bustard

    The recent sighting of three Great Indian Bustards (GIBs) deep in Pakistan’s Cholistan desert has given rise to speculation that the endangered birds might have flown across the international border from India.

    Great Indian Bustards

    • GIBs are the largest among the four bustard species found in India, the other three being MacQueen’s bustard, lesser florican, and the Bengal florican.
    • GIBs’ historic range included much of the Indian sub-continent but it has now shrunken to just 10 percent of it. Among the heaviest birds with flight, GIBs prefer grasslands as their habitats.
    • GIBs are considered the flagship bird species of grassland.

    Protection accorded

    • Birdlife International: uplisted from Endangered to Critically Endangered (2011)
    • Protection under CITES: Appendix I
    • IUCN status: Critically Endangered
    • Protection under Wildlife (Protection) Act: Schedule I

    Threats

    • Overhead power transmission: This has resulted in the electrocution of the bustards.
    • Poor vision: Due to their poor frontal vision, can’t detect powerlines in time and their weight makes in-flight quick maneuvers difficult.
    • Windmills: Coincidentally, Kutch and Thar desert are the places that have witnessed the creation of huge renewable energy infrastructure.
    • Noise pollution: Noise affects the mating and courtship practices of the GIB.
    • Changes in the landscape: by way of farmers cultivating their land, which otherwise used to remain fallow due to frequent droughts in Kutch.
    • Cultivation changes: Cultivation of cotton and wheat instead of pulses and fodder are also cited as reasons for falling GIB numbers.

    Try this PYQ:

    Q.Consider the following pairs:

    Protected Area: Well-known for

    1. Bhitarkanika, Odisha — Salt Water Crocodile
    2. Desert National Park, Rajasthan — Great Indian Bustard
    3. Eravikulam, Kerala — Hoolock Gibbon

    Which of the pairs given above is/are correctly matched? (CSP 2014)

    (a) 1 only

    (b) 1 and 2

    (c) 2 only

    (d) 1, 2 and 3

     

    [wpdiscuz-feedback id=”zlw3ng0hyj” question=”Please leave a feedback on this” opened=”1″]Post your answers here.[/wpdiscuz-feedback]

     

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  • Physical Inactivity, Neglected Burden on Economy

    physical

    Context

    • Global status report on physical activity is WHO’s first dedicated global assessment of global progress on country implementation of policy recommendations of the Global Action Plan on Physical Activity (GAPPA) 2018-2030.

    What are the findings of the report?

    • Poor physical activity standards: Over 80 per cent adolescents and 27 per cent adults do not meet the physical activity standards set by the World Health Organization (WHO), according to a new report.
    • developing non-communicable diseases: This will lead to 500 million additional people developing non-communicable diseases from 2020-2030 and cost the global economy $27 billion annually, it added.

    How physical Inactivity impacts health and Economy?

    • Changing lifestyles: Sedentary lifestyle of a large share of the global population has been linked to rising prevalence of heart diseases, obesity, diabetes or other noncommunicable diseases.
    • Increasing Hypertension and depression: Of the 500 million new cases projected, nearly half will be attributed to hypertension and 43 per cent to depression, the authors of the report said.
    • A strain on the health systems: The report quantified the economic burden of not being able to meet the GAPPA target. The sharp rise in non-communicable diseases will also put a strain on the health systems in every country.
    • Rising cost of treatment: If the current prevalence of physical inactivity doesn’t change, the world will incur treatment costs of just over $300 billion till 2030, the report mentioned.
    • 70 per cent of health-care expenditure: The largest economic cost is set to occur among high-income countries, according to the analysis. This will account for 70 per cent of health-care expenditure on treating illness resulting from physical inactivity, it showed. Around 75 per cent of the cases will occur in low- and middle-income countries, it added.

    What are the government efforts to address the physical inactivity menace?

    • National physical activity policy: Less than half the countries in the world have any national physical activity policy, showed the analysis of 194 countries by WHO published October 19, 2022.
    • National policies are in operation: Less than 40 per cent of the existing national policies are in operation, the United Nations health agency noted in the Global status report on physical activity 2022.
    • Monitor physical activity among adolescents: As many as 75 per cent of countries monitor physical activity among adolescents, and less than 30 per cent monitor physical activity in children under 5 years.
    • Addressing lack of public Infrastructure: The report highlighted that data regarding progress on certain policy actions is missing. These include provision of public open space, provision of walking and cycling infrastructure, provision of sport and physical education in schools.
    • National physical activity guidelines: only 30 per cent of countries have national physical activity guidelines for all age groups, according to the findings of the report.

    physical

    What are the Recommendations of WHO?

    • Exercise benefits mental and physical health: Light exercise and even walking has proven benefits for mental and physical health, studies have shown.
    • Infrastructural changes by governments: Citizens cannot make healthier lifestyle choices without infrastructural changes by governments such as safe walking and cycling lanes. “In policy areas that could encourage active and sustainable transport, only just over 40% of countries have road design standards that make walking and cycling safer,” the WHO analysts found.
    • Five ways to address the policy gaps: 
    1. Strengthen whole-of-government ownership and political leadership
    2. Integrate physical activity into relevant policies and support policy implementation with practical tools and guidance
    3. Strengthen partnerships, engage communities and build capacity in people
    4. Reinforce data systems, monitoring, and knowledge translation
    5. Secure sustainable funding and align with national policy commitments
    • Four areas of policy intervention:
    1. Active societies,
    2. active environments,
    3. active people and
    4. active systems.

    physical

    Government of India’s efforts to promote physical activity

    • FIT India Movement: FIT INDIA Movement was launched on 29th August 2019 by Honorable Prime Minister with a view to make fitness an integral part of our daily lives. The mission of the Movement is to bring about behavioral changes and move towards a more physically active lifestyle.
    • Objectives of Fit India: Fit India proposes to undertake various initiatives and conduct events to achieve the following objectives:
    1. To promote fitness as easy, fun and free.
    2. To spread awareness on fitness and various physical activities that promote fitness through focused campaigns.
    3. To encourage indigenous sports.
    4. To make fitness reach every school, college/university, panchayat/village, etc.
    5. To create a platform for citizens of India to share information, drive awareness and encourage sharing of personal fitness stories.

    physical

    Conclusion

    • Physical inactivity is silent poison, killing the future of the citizens. Work from home, remote working has increased the physical inactivity among the working populations. Indoor games, mobile addictions, e-learning have reduced the physical activity of children. It’s a collective responsibility of parents, society and government to promote and encourage the physical activity among citizens.

    Mains Question Q.

    What are the ill effects of physical inactivity on health and economy? What are the policies of government India to promote healthy life style?

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  • Efforts for Vulture Conservation

    Vulture

    Context

    • The Tamil Nadu government formed a committee to set up an institutional framework for the effective conservation of vultures. The State is home to four species of vultures the white-rumped vulture (Gyps bengalensis), long-billed vultures (Gyps indicus), the Asian king vulture (Sarcogyps calvus) and the Egyptian vulture (Neophron percnopterus).

    Are the vulture population decreasing?

    • Absolute numbers are low: While the population of the vultures in the Nilgiris, Erode and Coimbatore districts has remained largely stable, experts state that the numbers are still extremely low, and that even a single poisoning event could lead to several of the species going locally extinct, especially the long-billed and Asian king vulture.
    • Fewer hatchings of vultures: Over the last few years, breeding seasons have also seen fewer hatchings than is the norm, with experts attributing the cause to lesser availability of prey as well as erratic weather.

    Vulture

    The status of Vultures in Tamilnadu

    • Sighting of vultures in Nilgiris, erode and Coimbatore: While there have been reported sightings of vultures in other districts including Dharmapuri; essentially the Nilgiris, Erode and Coimbatore districts are believed to form one of the largest contiguous expanses where vultures are spotted.
    • In the Tiger reserves and forest areas: Home to the nesting sites of three of the four species of vultures seen in the State, the Mudumalai Tiger Reserve, parts of the Nilgiris forest division and the Sathyamangalam Tiger Reserve are crucial strongholds for the vultures in southern India.
    • Sighting of Himalayan griffon vulture: Occasional migrants such as the Himalayan griffon vulture and the Cinerous vulture are also spotted each year.
    • Larger population of vultures in the South of Vindhiya mountain range: Tamil Nadu boasts the largest population of vultures south of the Vindhiya Mountain Range. In the Nilgiris, researchers and forest department officials estimate that there are between 100 and 120 white-rumped vultures, 10 and 15 long-billed vultures and less than 10 Asian king vultures.
    • Spotted at Sigur plateau: Though Egyptian vultures are spotted in the Sigur plateau, encompassing the Nilgiris and Erode districts, they are not believed to use the landscape to breed, while researchers still remain unsuccessful in tracing the breeding sites of the critically endangered Asian king vulture.

    Vulture

    Role of vultures in the Ecosystem

    • As scavengers: vultures help prevent the spread of many diseases and can remove toxins from entering the environment by consuming carcasses of dead cattle/wildlife before they decompose.

    What are the Threats to the Vulture population?

    • Temple Tourism and increased activities around the temple: There are multiple. For one, temple tourism in the Sigur plateau is centered primarily around vulture habitats, such as Siriyur, Anaikatty and Bokkapuram. Over the last few years, there have been recorded instances of vultures abandoning nesting sites located too close to temples inside these reserves, with activists calling for strict controls on the amount of people allowed to attend these festivals.
    • Non-Steroidal Anti-Inflammatory Drugs (NSAIDs): Experts also agree that the use of some Non-Steroidal Anti-Inflammatory Drugs (NSAIDs) to treat cattle, such as diclofenac, nimesulide, ketoprofen among others, has led to the crash in vulture populations across India.
    • Spread of invasive weeds: Another threat is the spread of invasive weeds such as the Lantana camara in vulture landscapes, which hinder the birds from scavenging as their large wingspans require plenty of open area to safely land and to take to the skies in case of any major threats.
    • Vulnerable to even natural drugs: Unfortunately, their tolerance for harmful substances does not extend to manmade drugs.
    • Climate change and forest fires: Finally, due to the illegal tapping of water along the streams running through these areas, possible climate change, and forest fires, the Terminalia arjuna trees, that many vultures use as nesting sites are disappearing.

    Vulture

    Steps taken to protect the vultures

    • Banning the harmful drugs: The State government has banned the use of diclofenac, a drug, to treat cattle, while there are strict restrictions for the sale of other NSAIDs in the Nilgiris, Erode and Coimbatore districts.
    • Vulture census: Additionally, as the vultures in the Sigur plateau utilize landscapes in neighboring Karnataka and Kerala, experts have called for a synchronous vulture census to accurately identify vulture populations and nesting sites.

    Conclusion

    • Only through a multipronged approach of increasing the amount of food available to the birds and managing invasive species can vulture numbers start rebounding.

    Mains Question

    Q. What important role does vulture plays in ecosystem? What are the efforts taken by central government for conservation of vultures in India?

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  • PM launches Mission LiFE

    Prime Minister, in the presence of UN Secretary-General Antonio Guterres, launched ‘Mission LiFE’ (Lifestyle For Environment).

    What is Mission LiFE?

    • NITI Aayog has conceptualized the idea of mission LiFE.
    • It states that the aim of the mission is to follow a three-pronged strategy for changing our collective approach toward sustainability.
    • PM elaborated that Mission LiFE emboldens the spirit of the P3 model i.e. Pro Planet People.
    • The approach of LiFe campaign includes:
    1. Focus on individual behaviours: To make life a mass movement (Jan Andolan).
    2. Co-create globally: Crowdsourcing empirical and scalable ideas
    3. Leverage Local Cultures: Leverage climate-friendly social norms and beliefs of different cultures worldwide to drive the campaign

    Understanding Sustainable living

    • United Nations Environment Programme (UNEP) is the global authority that sets environmental agenda and promotes the implementation of environmental dimension of sustainable development.
    • UNEP says that as the population of the world is increasing the demand for food, fashion, travel, housing, etc also increases.
    • Hence, a sustainable living approach is necessary to make a balance between the needs of the present generation with that of the future.
    • Sustainable living means acknowledging day-to-day life choices and reflecting if there can be alternatives that may impact the environment less.

     

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  • Forest Conservation Rules infringe upon Land Rights of Tribals: NCST

    The National Commission for Scheduled Tribes (NCST) has asked the Centre to put the new Forest Conservation Rules, 2022, on hold.

    What are the Forest Conservation Rules?

    • The Forest Conservation Rules deal with the implementation of the Forest Conservation Act (FCA), 1980.
    • They prescribe the procedure to be followed for forest land to be diverted for non-forestry uses such as road construction, highway development, railway lines, and mining.
    • The broad aims of the FCA are:
    1. To protect forest and wildlife
    2. Put brakes on State governments’ attempts to hive off forest land for commercial projects and
    3. Striving to increase the area under forests

    How does it work?

    • For forest land beyond five hectares, approval for diverting land must be given by the Central government.
    • This is via a specially constituted committee, called the Forest Advisory Committee (FAC).
    • The FAC approval also means that the future users of the land must provide compensatory land for afforestation as well as pay the net present value (ranging between ₹10-15 lakh per hectare.)

    What do the updated rules say?

    • The new rules aims to streamline the process of approvals.
    • The rules make a provision for private parties to cultivate plantations and sell them as land to companies who need to meet compensatory forestation targets.
    • This aims to help increase forest cover as well as solve the problems of the States of not finding land within their jurisdiction for compensatory purposes.

    Why in news now?

    • The point of contention flagged by NCST is- the new rules has no word for what happens to tribals and forest-dwelling communities whose land would be hived off for developmental work.
    • Prior to the updated rules, state bodies would forward documents to the FAC that would also include information on the status of whether the forest rights of locals in the area were settled.

    Back2Basics: National Commission for Scheduled Tribes (NCST)

    • National Commission for Scheduled Tribes (NCST) is an Indian constitutional body that was established through Constitution (89th Amendment) Act, 2003.
    • It functions under the jurisdiction of Ministry of Social Justice and Empowerment.
    • The original constitution provided for the appointment of a Special Officer under Article 338.
    • The special officer was designated as the Commissioner for Scheduled Castes and Scheduled Tribes.
    • The 65th Constitutional Amendment Act 1990, amended Article 338 of the Constitution to introduce a joint NC for SCs and STs.
    • Later by 89th Amendment, NC for Scheduled Castes (NCSC) and NC for Scheduled Tribes (NCST) were separated by creating a new Article 338-A.

     

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  • What are Gift Taxes?

    The Supreme Court recently ruled that shares within the lock-in period are not ‘quoted shares’, and thus they need to be valued as ‘unquoted shares’ to determine the gift tax liability.

    What are quoted and unquoted shares?

    • According to the Wealth Tax Act, ‘quoted share’ in relation to an equity share or a preference share means a share quoted on any recognised stock exchange with regularity from time to time.
    • The quotations of such shares are based on current transactions made in the ordinary course of business.
    • An ‘unquoted share’ is simply a share that is not a quoted share.
    • So according to the SC order, if the locked-in shares of the promoter falls in the ‘unquoted share’ category, their price treatment can’t be that of the ‘quoted shares’, and so gift tax will not be applicable.

    What are Gift Taxes?

    • Gift tax is a provision introduced by the Parliament of India in 1958.
    • It was introduced to impose tax on giving and receiving gifts under certain circumstances which is specified under the act.
    • These gifts can be in any form including cash, jewellery, property, shares, vehicle, etc.

    Gift Tax on Transfers

    • The gift tax is also applicable on certain transfers that is not considered as a gift.
    • The transfer of existing movable or immovable property in money or money’s worth qualifies for gift tax.

    Certain exemptions

    • Though gift tax is applicable on gifts whose value exceeds Rs.50,000, the gift is exempted from tax if it was given by a relative.
    • The income tax rule specifies who can be considered as a relative and the list is mentioned below.
    1. Parent
    2. Spouse
    3. Siblings
    4. Spouse’s siblings
    5. Lineal descendants
    6. Lineal descendants of the spouse

    Listed below are other situations in which the gift will be exempted from tax.

    1. Gifts received during weddings are usually exempted from tax.
    2. Gifts received as part of inheritance is exempted from tax.
    3. Cash or rewards received by local authorities or educational institutions on the basis of merit is exempted from tax.

     

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  • What is Web 3.0?

    web

    India has a rapidly-growing Web3 ecosystem with more than 450 active start-ups in the space that raised $1.3 billion in funding till April 2022.

    What is Web 3.0?

    • Web3 help users interact with decentralized applications built on blockchain technology.
    • Web3 technologies like distributed ledgers, artificial intelligence, Metaverse and others aim to create the next-generation internet, which is accessible to everyone and offers benefits.
    • Web2 is what we know and use today.

    Why need Web 3?

    • Centralization has helped onboard billions of people to the World Wide Web (www) and created the stable, robust internet infrastructure.
    • At the same time, a handful of centralized entities have a stronghold on large swathes of the World Wide Web.
    • They unilaterally decide what should and should not be allowed over Internet.

    Key features of a Web3

    • Immutable ecosystem, i.e., trust that people will download the digital product just as the original creator intended.
    • Enhanced transparency and security,
    • Quicker browsing performance,
    • Complete user anonymity and confidentiality,
    • Integrating cryptocurrency wallets with multiple blockchains,
    • Complete control over the content due to decentralization.

    Evolution of (world-wide) web

    • The Web most of us know today is quite different from originally imagined.
    • To understand this better, it’s helpful to break the Web’s short history into loose periods—Web 1.0 and Web 2.0.

    (1) Web 1.0: Read-Only (1990-2004)

    • The first inception of ‘Web 1.0’, occurred roughly between 1990 to 2004.
    • It was mainly static websites owned by companies, and there was close to zero interaction between users – individuals seldom produced content – leading to it being known as the read-only web.

    (2) Web 2.0: Read-Write (2004-now)

    • The Web 2.0 period began in 2004 with the emergence of social media platforms.
    • Instead of a read-only, the web evolved to be read-write.
    • Instead of companies providing content to users, they also began to provide platforms to share user-generated content and engage in user-to-user interactions.
    • As more people came online, a handful of top companies began to control a disproportionate amount of the traffic and value generated on the web.
    • Web 2.0 also birthed the advertising-driven revenue model.
    • While users could create content, they didn’t own it or benefit from its monetization.

    How is Web3 prospected to be?

    • The premise of ‘Web 3.0’ was coined by Ethereum co-founder Gavin Wood shortly after Ethereum launched in 2014.
    • Gavin put into words a solution for a problem that many early crypto adopters felt: the Web required too much trust.
    • That is, most of the Web that people know and use today relies on trusting a handful of private companies to act in the public’s best interests.

    Core ideas of Web3

    Although it’s challenging to provide a rigid definition of what Web3 is, a few core principles guide its creation.

    • Web3 is decentralized: instead of large swathes of the internet controlled and owned by centralized entities, ownership gets distributed amongst its builders and users.
    • Web3 is permission-less: everyone has equal access to participate in Web3, and no one gets excluded.
    • Web3 has native payments: it uses cryptocurrency for spending and sending money online instead of relying on the outdated infrastructure of banks and payment processors.
    • Web3 is secure: It operates using incentives and economic mechanisms instead of relying on trusted third-parties.

    Why is Web3 important?

    • Ownership: Web3 gives you ownership of your digital assets in an unprecedented way. Web3 allows for direct ownership through non-fungible tokens (NFTs).
    • Censorship resistance: The power dynamic between platforms and content creators is massively imbalanced.
    • Decentralized autonomous organizations (DAOs): As well as owning your data in Web3, you can own the platform as a collective, using tokens that act like shares in a company.

     

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