Takeaways:

  • Jack Dorsey and Elon Musk’s Messages name for a decentralized social media blockchain: DeSo might be the reply.
  • Sam Bankman-Fried, Founding father of FTX crypto trade, additionally had a dialog about shopping for Twitter or making a blockchain-based social community
  • The DeSo Basis simply launched its roadmap to decentralize social media

LOS ANGELES, Sept. 30, 2022 /PRNewswire/ — The DeSo Basis publicizes the discharge of their bold roadmap to decentralize social media and construct The Social Layer of Web3.

Milestones on the roadmap might be executed over the following 2 quarters to unravel the most important drawback with social media at the moment.

“Most individuals do not realize that social media is extra centralized than the monetary system was when Bitcoin was invented. Solely a handful of firms at present management what we see and do on-line. We are able to remedy this drawback by decentralizing social media and storing all content material on a blockchain.” stated Nader Al-Naji, the founding father of DeSo.

The roadmap launch comes as new messages emerge between Elon Musk and Jack Dorsey, exhibiting his thought for a blockchain-based social media protocol that does funds and brief textual content messages.

Moreover, there was a dialog between Elon Musk and Sam Bankman-Fried, founding father of FTX, about making a blockchain Twitter or shopping for Twitter outright.

Nonetheless, this is probably not mandatory contemplating what’s on DeSo’s roadmap.

DeSo launched the primary milestone on their roadmap with their MetaMask integration, which went stay final week. It permits tens of millions of Ethereum customers to log in to DeSo with one click on. In addition they plan so as to add extra cross-chain communication bridges between ecosystems.

A transfer from Proof-of-Work to “Infinite Proof-of-Stake” can also be within the works. Like Ethereum’s change to Proof-of-Stake, DeSo Proof-of-Stake will cut back consumption and grow to be extra power environment friendly.

A hackathon at a significant Ivy League Establishment the place college students can compete to construct the following nice decentralized social community can also be within the works.

The above is predicted to be accomplished by This autumn, together with a vital COO rent to assist scale enterprise and advertising operations.

DeSo is a brand new layer-1 blockchain constructed from the bottom as much as decentralize social media and scale storage-heavy purposes to billions of customers. They raised $200 million and are backed by Sequoia, Andreessen Horowitz, and a number of other others.

$DESO, the native foreign money of the DeSo blockchain, is listed on Coinbase.

Try the complete roadmap and declare your username on deso.com.

SOURCE DeSo Basis




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