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What is Web2.0?

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What is Web2.0?Although I have see some information about Web2.0,I still cannot understand it clearly.Is it a W3C standard?Where can I find the authoritative specification?

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As far as I understand it is a term coined by Microsoft (and affiliates) to refer to the newest web technologies (ASP.Net 2.0, AJAX, Atlas, etc).It is just another confusing buzzword :)

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I just know that it ' s the upgraded version of World Wide Web

Nothing about the Internet has changed. It is refering to the newest technologies that allow developers to create richer, more interactive User Interfaces.

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my understanding is that it is a more AJAX-using but compatible web. XHTML and XML based data, styled by style sheets, and everything is perfect. If this is correct, and it is also correct that it is a MS term, well, MS plays a big part in hurting web standards, and are therefore working against Web 2.0.One more thing: Many consider the Web 2.0 to be an unatainable dream.

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