Consider the following statements regarding Web technology:
1. In Web2 the data is stored on centralized servers owned and controlled by large corporations while in Web3 the data is stored on a decentralized network of computers that are owned and controlled by the users themselves.
2. Web3 relies heavily on intermediaries whereas Web2 enables peer-to-peer transactions .
Which of the above statements is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2