We investigate the characteristics and the time evolution of the cosmic web from redshift, z=2, to present time, within the framework of the NEXUS+ algorithm. This necessitates the introduction of new analysis tools optimally suited to describe the very intricate and hierarchical pattern that is the cosmic web. In particular, we characterize filaments (walls) in terms of their linear (surface) mass density. This is very good in capturing the evolution of these structures. At early times the cosmos is dominated by tenuous filaments and sheets, which, during subsequent evolution, merge together, such that the present day web is dominated by fewer, but much more massive, structures. We also show that voids are more naturally described in terms of their boundaries and not their centres. We illustrate this for void density profiles, which, when expressed as a function of the distance from void boundary, show a universal profile in good qualitative agreement with the theoretical shell-crossing framework of expanding underdense regions.