- 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 broadcasts the discharge of their bold roadmap to decentralize social media and construct The Social Layer of Web3.
Milestones on the roadmap will likely be executed over the following 2 quarters to resolve the foremost downside with social media at this time.
“Most individuals do not realize that social media is extra centralized than the monetary system was when Bitcoin was invented. Solely a handful of corporations presently management what we see and do on-line. We will resolve this downside by decentralizing social media and storing all content material on a blockchain.” mentioned Nader Al-Naji, the founding father of DeSo.
The roadmap launch comes as new messages emerge between Elon Musk and Jack Dorsey, displaying 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 crucial contemplating what’s on DeSo’s roadmap.
DeSo launched the primary milestone on their roadmap with their MetaMask integration, which went reside final week. It permits tens of millions of Ethereum customers to log in to DeSo with one click on. Additionally 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 be within the works. Like Ethereum’s swap to Proof-of-Stake, DeSo Proof-of-Stake will cut back consumption and grow to be extra vitality environment friendly.
A hackathon at a serious Ivy League Establishment the place college students can compete to construct the following nice decentralized social community can be within the works.
The above is predicted to be accomplished by This autumn, together with a important COO rent to assist scale enterprise and advertising and marketing 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 several other others.
$DESO, the native forex of the DeSo blockchain, is listed on Coinbase.
Try the total roadmap and declare your username on deso.com.
SOURCE DeSo Basis