Web3 Computation

Definition ∞ Web3 computation refers to the execution of programs and smart contracts on decentralized networks, rather than on centralized servers. This paradigm utilizes blockchain technology and distributed ledger systems for verifiable and censorship-resistant processing. It enables applications to operate without a single point of control. Web3 computation is a core element of decentralized internet infrastructure.
Context ∞ The scalability and efficiency of Web3 computation are central challenges, as decentralized networks often face limitations in processing speed compared to centralized systems. Debates focus on layer-2 solutions, sharding, and alternative consensus mechanisms to enhance computational throughput. Future developments will likely involve advancements in zero-knowledge proofs and other cryptographic techniques to improve the speed and privacy of decentralized computations.