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Bluesky, the decentralized social network project via Twitter, has announced its first major update since 2019.
When the CEO of Twitter justified the blocking of his platform to Trump, he referred to the Bluesky project, on which the platform was working.
The project, which aims to address Twitter’s shortcomings as a result of hate speech and violence, is supposed to be a decentralized social media platform similar to Bitcoin.
Decentralized apps have been around since Bitcoin was invented ten years ago, and unlike the classic app, decentralized apps have no central ownership and often operate through blockchain technology.
For Twitter, this could mean that decisions, such as which content to moderate will not be made by executives on social media.
Although the project appears innovative, many members of the DApp community were skeptical when it was first announced.
The Bluesky team posted a review of the decentralized ecosystem online and said they hope to find a team leader in the coming months.
The review came after Twitter CEO Jack Dorsey discussed the project earlier this month, when he described it as the standard for the online public conversation layer.
The review identifies a variety of well-known decentralized systems, including ActivityPub, which runs the Mastodon social network, Messaging Standard XMPP, which powers WhatsApp, and Solid, a decentralization project led by the creator of the World Wide Web (Tim Berners- Lee).
The exam covers how these systems deal with the basics of social media, such as: discoverability, oversight, and privacy, in addition to how to scale up services based on them, manage them, and earn money.
The review doesn’t explain how Bluesky itself might work, and Dorsey said: Bluesky takes time to build, and if the project results in a protocol, that system could be built from scratch, or it could be built from scratch. ” build on an existing standard, like ActivityPub, a possibility Dorsey mentioned in 2009. 2019 when unveiling the initiative.
We’re trying to do our part by funding an initiative around a decentralized open standard for social media, and our goal is to be a client of that standard for the online public conversation class, ”Dorsey told the time.
The review provides insight into who worked on Bluesky, as written by Jay Graber, creator of the event organizer Happening.
Other contributors include Mastodon Developer (Eugen Rochko), co-designer of the peer-to-peer browser Beaker (Paul Frazee) Paul Frazee, co-editor of ActivityPub Standard (Christopher Lemmer Webber) and IPFS project manager (Molly Mackinlay).
It also alludes to the fact that decentralization is often unprofitable, and the review focuses on monetization options, such as: membership fees and micro-transactions for cryptocurrencies, but it also indicates that many decentralized projects rely on volunteer work and donations, which is ideal for a platform that supports commercial networks like Twitter.
However, the platforms have run on systems like Brave Tokens, which is a cryptocurrency-based system for sharing advertising revenue.
Given the long lag between Bluesky’s announcement and the start of a review, we might not see Twitter’s plans for the global standard anytime soon, let alone Twitter’s adoption of that standard.
And as some decentralized developers reported in 2019, Twitter’s contribution is likely to be limited right now to providing resources for existing projects, rather than trying to lead the unified standard.
However, the review notes that Bluesky is trying to build on what folks in the field have already discovered, without clarifying where that development might be heading at this time.
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