Twitter CEO and pro-Bitcoiner Jack Dorsey strikes again!

[cheezcarls]

The CEO of Twitter, Jack Dorsey, has announced that the platform will be funding a small team to develop a decentralized standard for social media.

In a tweet made by Twitter’s CEO earlier today, Dorsey said that Twitter plans to fund a “small independent team of up to five open source architects, engineers, and designers.” The end goal is to create a new decentralized standard which presumably will be for all social media. Twitter will be putting its weight behind the project and will, if successful, adopt this standard, someday.

Source link here

For the love of God, Jack you've really surprised me today!

I think this is definitely a great decision by Twitter CEO Jack Dorsey. Since he's an advocate of Bitcoin and other cryptocurrencies, he is planning to something for us to accept and adopt social media's decentralized standard.

I don't know what you guys are thinking of Jack Dorsey's move. Do you think we are so ready for the decentralized standard?

Just let me know about your opinion, reaction or feedback about this one. For me, this is definitely huge and Twitter looks to be ahead of the line!

[Ozero]

The CEO of Twitter, Jack Dorsey, has announced that the platform will be funding a small team to develop a decentralized standard for social media.

In a tweet made by Twitter’s CEO earlier today, Dorsey said that Twitter plans to fund a “small independent team of up to five open source architects, engineers, and designers.” The end goal is to create a new decentralized standard which presumably will be for all social media. Twitter will be putting its weight behind the project and will, if successful, adopt this standard, someday.

Source link here

For the love of God, Jack you've really surprised me today!

I think this is definitely a great decision by Twitter CEO Jack Dorsey. Since he's an advocate of Bitcoin and other cryptocurrencies, he is planning to something for us to accept and adopt social media's decentralized standard.

I don't know what you guys are thinking of Jack Dorsey's move. Do you think we are so ready for the decentralized standard?

Just let me know about your opinion, reaction or feedback about this one. For me, this is definitely huge and Twitter looks to be ahead of the line!

It is not clear what is meant by the decentralized standard for social networks. Let them first create what they want, and then we will see how much this is necessary for users of social networks. And it will turn out like with a Libra coin. A lot of noise, and as a result, there may not be any coin. In any case, it will not have the effect that was previously expected.

[Initscri]

Coming from the social network which has been known for censorship, it's hard to say the motivation behind this.

If twitter adopts this wholly, I'm almost thinking it's because they are getting tired of being expected to act as the gatekeeper of what is right/wrong in society & what's allowed on their platform.

Having a decentralized version of twitter (whatever that may entail) may give them an out in having to censor by simply switching to the narrative "well it's decentralized"

[figmentofmyass]

The CEO of Twitter, Jack Dorsey, has announced that the platform will be funding a small team to develop a decentralized standard for social media.

In a tweet made by Twitter’s CEO earlier today, Dorsey said that Twitter plans to fund a “small independent team of up to five open source architects, engineers, and designers.” The end goal is to create a new decentralized standard which presumably will be for all social media. Twitter will be putting its weight behind the project and will, if successful, adopt this standard, someday.

decentralized social media platforms never caught on. too clunky, no network effect. i suppose if a huge platform like twitter implemented a decentralized protocol, it might actually have a chance of catching on.

i assume that would mean no censorship, shadow banning, or other centralized means of control. i'm skeptical twitter would actually do that. wouldn't it destroy their paid advertising model? how are they gonna make money? they are a public company after all.

[boyptc]

He just sees the potential of a startup and that's why he's venturing into that business and at the same time, as an advocate, it's a good reason for him to support those kinds of teams.

He's the owner of twitter and for sure he understands the decentralization and impact that will lie into social media. There's a probable inner reason why he's supporting the team.

[TravelMug]

Coming from the social network which has been known for censorship, it's hard to say the motivation behind this.

Exactly, decentralised standard for social media? Never heard of that and so I have my skepticism here.

If twitter adopts this wholly, I'm almost thinking it's because they are getting tired of being expected to act as the gatekeeper of what is right/wrong in society & what's allowed on their platform.

Having a decentralized version of twitter (whatever that may entail) may give them an out in having to censor by simply switching to the narrative "well it's decentralized"

Everyone has their narrative behind it, we might not fully see it in the beginning, but I have a feeling that Jack is up to something here, just saying.

[Wind_FURY]

Decentralized will be = Censorship-resistant. How can pedophiles be regulated from posting/sharing child-porn?

I believe it will be adopted by them first.

[pakhitheboss]

The CEO of Twitter, Jack Dorsey, has announced that the platform will be funding a small team to develop a decentralized standard for social media.

In a tweet made by Twitter’s CEO earlier today, Dorsey said that Twitter plans to fund a “small independent team of up to five open source architects, engineers, and designers.” The end goal is to create a new decentralized standard which presumably will be for all social media. Twitter will be putting its weight behind the project and will, if successful, adopt this standard, someday.

Source link here

For the love of God, Jack you've really surprised me today!

I think this is definitely a great decision by Twitter CEO Jack Dorsey. Since he's an advocate of Bitcoin and other cryptocurrencies, he is planning to something for us to accept and adopt social media's decentralized standard.

I don't know what you guys are thinking of Jack Dorsey's move. Do you think we are so ready for the decentralized standard?

Just let me know about your opinion, reaction or feedback about this one. For me, this is definitely huge and Twitter looks to be ahead of the line!

What did he mean by "new decentralized standard" is he planning to launch a twitter cryptocurrency. If he does then he if following the same path as Facebook CEO.

When a company owns & controls a platform, how can they set up a decentralized standard on that platform? whatever he is planning we need to wait and watch.

[Furious 7]

The CEO of Twitter, Jack Dorsey, has announced that the platform will be funding a small team to develop a decentralized standard for social media.

In a tweet made by Twitter’s CEO earlier today, Dorsey said that Twitter plans to fund a “small independent team of up to five open source architects, engineers, and designers.” The end goal is to create a new decentralized standard which presumably will be for all social media. Twitter will be putting its weight behind the project and will, if successful, adopt this standard, someday.

Source link here

For the love of God, Jack you've really surprised me today!

I think this is definitely a great decision by Twitter CEO Jack Dorsey. Since he's an advocate of Bitcoin and other cryptocurrencies, he is planning to something for us to accept and adopt social media's decentralized standard.

I don't know what you guys are thinking of Jack Dorsey's move. Do you think we are so ready for the decentralized standard?

Just let me know about your opinion, reaction or feedback about this one. For me, this is definitely huge and Twitter looks to be ahead of the line!

What did he mean by "new decentralized standard" is he planning to launch a twitter cryptocurrency. If he does then he if following the same path as Facebook CEO.

When a company owns & controls a platform, how can they set up a decentralized standard on that platform? whatever he is planning we need to wait and watch.

I also still don't understand the "new decentralization standard" adopted by the CEO of Twitter and maybe it is a new innovation that they will plan for in the future, the platform itself can control whatever they want, including decentralization standards and that is only tweet by Jack Dorsey there is no clear certainty.

[Initscri]

Decentralized will be = Censorship-resistant. How can pedophiles be regulated from posting/sharing child-porn?

I believe it will be adopted by them first.

There's going to have to be some form of moderation somehow. It may be decentralized/community based, but I assume there will be something.

[Wind_FURY]

Decentralized will be = Censorship-resistant. How can pedophiles be regulated from posting/sharing child-porn?

I believe it will be adopted by them first.

There's going to have to be some form of moderation somehow. It may be decentralized/community based, but I assume there will be something.

Then decentralization is a means to "what" in his new social media network?

[blckhawk]

I wonder how it would operate as decentralized, and how it would affect their operations. Such move is likely to be inspired by his love for Bitcoin. Although experimental, pulling off such R&D could change the game for social media companies, and would set them leading the race. It also does exhibit decentralized ideas that might promote Bitcoin, but not that much.

[bitcampaign]

I still read a little on the news I still do not understand about decentralized social media, which is certainly certainly interesting because it is run by Jack Dorsey, I know he is a loyal bitcoin holder until now. He wants to do new things from his mind. , only supporting what he was working on with their small team, it seemed he would make something that had never been done by others

[Duzter]

There is more possible ways to make the social media platform integrated with the blockchain technology, but going completely decentralized is little confusing. Already weve got steemit which functions over the blockchain. As an user mentioned such a level of advancement (decentralized social media) will be first adopted by the persons posting child porn.

[airdnasxela]

I've been seeing for quite time that he's really into cryptocurrency. I've seen some new about him doing various activities regarding crypto and also saying positive comments about it. I find it actually a good thing that he is also part of us who sees the value of bitcoin. But of course he wouldn't invest such time publicizing his positive view on cryptocurrency if he's not into something. Though it's still vogue for me to visualize what he is planning about that decentralized standard for social media

[joinfree]

This is a great development which is being backed by Jack Dorsey. Twitter as a social media has been quite supportive of the blockchain industry rather than its counterpart Facebook. I hope Jack comes out in the open when this project is ready to hit this space so that we an fully support it as a community but i doubt they would hold any IEO as such projects are likely going to be self-funded entirely by the team.

[achach]

All modern people understand that bitcoin has potential. All other people, apparently, remained thoughts in the past.

[cr1776]

Coming from the social network which has been known for censorship, it's hard to say the motivation behind this.

If twitter adopts this wholly, I'm almost thinking it's because they are getting tired of being expected to act as the gatekeeper of what is right/wrong in society & what's allowed on their platform.

Having a decentralized version of twitter (whatever that may entail) may give them an out in having to censor by simply switching to the narrative "well it's decentralized"

Twister is already out there as a decentralized Twitter - there are even iOS and Android apps for it now.  In general, a decentralized version of everything is better than a centralized version, I will be interested to see what they have in mind over time.  Hopefully not just buzzwords.

[dothebeats]

Great development, though I doubt people with huge followers will ever migrate to the said platform knowing that it will take a huge leap to get from one place to another. But the initiative is great nonetheless. It would be fun if all social media platforms would be integrated into one hub though I doubt it will ever happen due to marketing and ads involved on some of these giants. They will refuse to let go of the share they have on the market thus making it harder for a decentralized social media platform possible.

[ChuckBuck]

There is a problem that you need to understand, social networking is difficult to manage. Up to now, there has not been any specific standard for a decentralized social network. Twitter is trying to be a pioneer in this area, this is a bold move. If you think about it, you can see that Twitter is the main vehicle for promoting cryptocurrency projects. From there, we can understand Jack's decision. I look forward to their development announcements.