Altcoins, Blockchain, Cryptocurrency, Don't Miss, Hot News, News & Updates

ETH to Aid Decentralize Twitter

Ethereum co-founder Charles Hoskinson stated that he’s working on a social media project, and wanted Twitter’s decentralization project to open up to the community.

Jack Dorsey, Twitter and Square’s CEO is an outspoken Bitcoin fan, and he believes that the promise of the decentralized technology is a big reason why Twitter prepares for a potential future move from centralized service. He continued that belief this week when enlightening his reasoning behind the platform’s recent ban of US President Donald Trump for inciting violence. Dorsey stated that the social media company’s plan to hire open source developers and engineers for its Blue Sky initiative, to help plan a potential decentralized future for social media.

But the tweet thread has promoted a crypto heavyweight to chime in on the topic of decentralized social media. Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, answered Dorsey encouraging him to open up development on Blue Sky to the community – for he is ostensibly working on something in that department.

“We are working on something Jack. You shouldn’t build this in-house,” he replied. “Make it an open-source project and our entire industry can contribute.”

Though the Blue Sky initiative is particularly looking for open-source developers and Dorsey declared that they will work on “an open decentralized standard for social media,” it is still a blur just how open development will be and how involved the wider community will be. It is not yet disclosed what Hoskinson works on in the social media realm, but it will be connected to the Cardano blockchain.

Dorsey’s tweet thread acknowledged what he has seen as a need to act on banning Trump’s account based on the potential of violence in the real world.

“I believe this was the right decision for Twitter,” he wrote. “We faced an extraordinary and untenable circumstance, forcing us to focus all of our actions on public safety. Offline harm as a result of online speech is demonstrably real, and what drives our policy and enforcement above all.”

Eventually, however, Dorsey has concluded that social media and hosting companies that deny access to controversial voices will be “destructive to the noble purpose and ideal of the open internet” in the long term. He indicated Bitcoin as being representative of his vision for the internet to come.

“The reason I have so much passion for #Bitcoin is largely because of the model it demonstrates: a foundational internet technology that is not controlled or influenced by any single individual or entity,” Dorsey tweeted. “This is what the internet wants to be, and over time, more of it will be.”

Leave a Comment

Leave a Reply