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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 broadcasts the discharge of their formidable roadmap to decentralize social media and construct The Social Layer of Web3.
Milestones on the roadmap shall be executed over the following 2 quarters to resolve the most important downside with social media at the moment.
“Most individuals do not understand 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 are able to resolve this downside 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, displaying his concept 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 will not be crucial contemplating what’s on DeSo’s roadmap.
DeSo launched the primary milestone on their roadmap with their MetaMask integration, which went dwell final week. It permits thousands and thousands 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 change to Proof-of-Stake, DeSo Proof-of-Stake will scale back consumption and change into extra vitality 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 be within the works.
The above is predicted to be accomplished by This fall, together with a essential 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 functions 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 total roadmap and declare your username on deso.com.
SOURCE DeSo Basis
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