Social Networks Are the Next Big Decentralization Opportunity
We have the core tech to enable radically more ethical and beneficial social media networks. Here's what we'll need.
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The advent of crypto currencies and its inherent technologies have brought us a new and long string of innovation along with a newborn industry teaming with activity and replenishing of new business opportunities. Crypto currencies and decentralization as its core fabric have enabled the use of sensitive applications with the sole purpose of stretching the boundaries of communication channels thus allowing freedom of speech. On an internet controlled by ISP’s, bombed by a growing and constant surveillance, the concept of privacy is increasingly being taken out and turned into an obsolete....
Beyond mere decentralization, there are four key themes central to the idea of crypto social development in the new era of Web 3.0. Following Vitalik Buterin’s call for more social application use cases on Ethereum earlier this summer, multiple crypto companies voiced intentions to build decentralized versions of mainstream social networks like Twitter. However, to create and view crypto-centered social platforms as merely decentralized versions of Twitter is shortsighted. The moral and technical implications of creating truly decentralized social networks that abide by Web 3.0 principles....
The crypto sector has an irresistible opportunity to be at the forefront of the next big social network — but there are a few issues that need to be ironed out first. Another rainy Sunday night. You’re browsing on Facebook and Twitter — inundated with photos of your friend’s new baby, jokes that have been copied from poor hard-working comedians, and memes that certainly were funny… when you first saw them four years ago.Undeterred, you keep scrolling. There’s a tweet that proclaims a hot new cryptocurrency is going to surge to $1 million, and another claiming the self-same altcoin is....
New social network Dawn promises to change the face of social mediafrom individual-centric to pro-group, whilst also maintaining individual interest. Cointelegraph spoke to Brenn Hill, social and UX architect at Dawn, to take a peak of the new radioactivity of the Blockchain. Cointelegraph: Could you explain what Dawn is all about and what makes it different from other social media outlets? Brenn Hill: Dawn is about reinventing social networks in a way that is group-centric and pro-social instead of individual-centric and exploitative. Currently, social networks exist partly to allow you....
Since the earliest days of bitcoin, decentralization has been key to its value proposition. But it's also been its greatest obstacle. Whether it's the block size debate, or the ethereum classic debacle more broadly, decentralization in public blockchain networks presents significant hurdles to what can seem like straightforward objectives. After seven years of open-source study, decentralized governance remains a little explored and unsolved enigma. But solving it will likely mean going back to the beginning, asking what exactly we mean by 'decentralization'. Do we mean the distribution of....