en

Twitter CEO Wants to Make The Social Network Decentralized

article-main-image
category icon News

Twitter CEO Jack DORSEY said he wants to create an open standard for decentralized social networks. The goal is to make Twitter itself conform to this standard:

The team is led by Twitter CTO Parag AGRAWAL, and the project will be called Bluesky. In his statement, Dorsey also highlighted a number of challenges that centralized social network projects face nowadays. This can be described as some of the problems of Web2, the current network we use today. In a series of tweets, he noted the principle of decentralization and key technologies, such as blockchain, as a solution — which, in fact, are the elements of Web3.

The leader of the project himself hopes that the developments will go beyond just creating an open standard for decentralized social networks, ultimately establishing a community around it as well. He added that this process could take several years.

Image courtesy of Business Insider

This material is provided by a sponsor. We do not take responsibility for its content and the opinions expressed therein.