Will Twitter become decentralized? The Crypto Time

Will Twitter become decentralized? – The Crypto Time


Jack Dorsey, founder and CEO of Twitter, revealed that his company wants to create a new standard for decentralized social media. The businessman said the company is now launching Blue Sky, a small, independent team whose main task will be to build a standard that will ultimately be the technological foundation of Twitter.

Twitter will follow the path of decentralization?

Twitter is still one of the largest social media platforms in the world. As you can see, today he is focusing on decentralization, arguing that it is time to abandon centralized solutions. Dorsey explains that the company is currently facing challenges that cannot be solved by any of the centralized technologies.

Twiiter’s CEO said the new team, Blue Sky, would be completely independent of Twitter, adding that they would receive only limited guidance from the company:

Blue Sky’s task will not only be to develop a decentralized protocol – Dorsey said Twitter wants the project to include an open community and encourage organizations, researchers, companies and leaders to “deep think”.

Dreams and reality

It sounds beautiful, but Dorsey’s ambitious project is still in its infancy. It is also known that Parag Agrawal, the main technical specialist of Twitter, will appear in the team, whose task will be to find a leader for him. For now, no one has been formally employed to work at Blue Sky. According to Agrawal, an ideal candidate for the leader of Blue Sky is an experienced veteran of the blockchain market with good knowledge of social media.

However, Blue Sky will have a difficult path ahead of it and the work may take several years. However, the project is important and can be a breakthrough for the market – especially today when the main media problem is fake news. Twitter’s reply to “deep thinking”, which may mean better understanding and analyzing of the content, maybe necessary over the next few years.

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