{"id":1851,"date":"2019-12-12T14:02:49","date_gmt":"2019-12-12T14:02:49","guid":{"rendered":"https:\/\/bitcoin.ng\/?p=1851"},"modified":"2019-12-12T14:03:44","modified_gmt":"2019-12-12T14:03:44","slug":"twitter-blockchain-jack-dorsey-to-decentralise-social-media-giant","status":"publish","type":"post","link":"https:\/\/bitcoin.ng\/twitter-blockchain-jack-dorsey-to-decentralise-social-media-giant\/","title":{"rendered":"Twitter Blockchain: Jack Dorsey to Decentralise Social Media Giant"},"content":{"rendered":"\n<p>Twitter CEO, Jack Dorsey announces a new project, Bluesky which sees the creation of a decentralised platform for the 126 million users strong social media site.The move could make Twitter the world\u2019s first major <a rel=\"noreferrer noopener\" aria-label=\"blockchain-based (opens in a new tab)\" href=\"https:\/\/bitcoin.ng\/nairaex-launches-wallet-for-naira-deposit\/\" target=\"_blank\">blockchain-based<\/a> social media site.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Twitter&#8217;s New Decentralised Standard<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Dorsey believes Twitter would benefit from a decentralised standard as more users would be able to contribute to public conversation on a platform that uses open recommendation algorithms that promotes innovative mediums for healthy conversations.<br><\/p>\n\n\n\n<p><strong>Dorsey <\/strong><a href=\"https:\/\/twitter.com\/jack\/status\/1204766082206011393\"><strong>says<\/strong><\/a><strong>,<\/strong><br><\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<blockquote class=\"wp-block-quote has-text-align-right\"><p>\u201cTwitter was so open early on that many saw its potential to be a decentralized internet standard, like SMTP (email protocol). For a variety of reasons, all reasonable at the time, we took a different path and increasingly centralized Twitter. But a lot\u2019s changed over the years\u2026\u201d<br><\/p><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote has-text-align-right\"><p>\u201cFirst, we\u2019re facing entirely new challenges centralized solutions are struggling to meet. For instance, centralized enforcement of global policy to address abuse and misleading information is unlikely to scale over the long-term without placing far too much burden on people.\u201d<br><\/p><\/blockquote>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Twitter Blockchain Team<\/h2>\n\n\n\n<p>The team members for project Bluesky are yet to be appointed. Twitter CTO (Chief Technology Officer) Parag Agrawal is in the process of finding a lead for the project. Agrawal expects the ideal candidate to have worked on blockchain in the open before.\u00a0<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"und\" dir=\"ltr\">lo <a href=\"https:\/\/t.co\/Yr1Bwjd4mA\">https:\/\/t.co\/Yr1Bwjd4mA<\/a><\/p>&mdash; bluesky (@bluesky) <a href=\"https:\/\/twitter.com\/bluesky\/status\/1204766347512537088?ref_src=twsrc%5Etfw\">December 11, 2019<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Twitter\u2019s transition to the blockchain presents many opportunities for its users who may be able to gain more benefits from the decentralised technology already available for use on the platform. Brave Browser\u2019s Basic Attention Token helps to tip other Twitter users. Tip bots can also be used to send XRP to other twitter users.\u00a0<br><\/p>\n\n\n\n<p>Recent attempts by prominent social media sites to transition to the blockchain may be a sign of times to come. More tech CEOs are setting the pace for a blockchain \u2018arms race\u2019. Mark Zuckerburg\u2019s Facebook has already published its intentions to release a digital currency, Libra.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Jack Dorsey spends $10K a week on bitcoin, predicts a &#039;massive&#039; bitcoin boom\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/tE6jOh9uVQk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><figcaption><em>Jack Dorsey Spends $10k a Week on Bitcoin<\/em><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Twitter CEO, Jack Dorsey announces a new project, Bluesky which sees the creation of a decentralised platform for the 126 million users strong social media site.The move could make Twitter the world\u2019s first major blockchain-based social media site. Twitter&#8217;s New Decentralised Standard Dorsey believes Twitter would benefit from a decentralised standard as more users would [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":1854,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,12],"tags":[19,418,492,491,452],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Twitter Blockchain: Jack Dorsey to Decentralise Social Media Giant - Bitcoin Nigeria - Trusted Bitcoin Resources and Information.<\/title>\n<meta name=\"description\" content=\"Twitter\u2019s transition to the blockchain presents many opportunities for its users who may be able to gain more benefits from the decentralised technology already available for use on the platform.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bitcoin.ng\/twitter-blockchain-jack-dorsey-to-decentralise-social-media-giant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Twitter Blockchain: Jack Dorsey to Decentralise Social Media Giant - 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