Last December, the CEO of Twitter Jack Dorsey tweeted plans to set up Blue-sky, a non-profit to build a decentralized social media protocol. Dorsey said at virtual Oslo Freedom Form 2020 said “a lot of our values in the past were around content hosting. So we would the tweets, the image, and, videos”. He said about how today’s platforms are partly in the content hosting business, and when the content is stored on a blockchain, that role goes away.
Also last week, he spoke a little about the concept which has yet to find a leader. He also planned for an open-source social media protocol, of which twitter would become a client. The future of social media platform Twitter will be shaped by Bitcoin and its underlying technology, according to chief executive Jack Dorsey, who was once against endorsing a decentralized social media standard at a virtual conference. Apart from that, he sees blockchain as a tool to address the hacking risk to centralized identities.
According to the billionaire told human right foundation president, Thor Halverson that Block chain and bitcoin point to a future, and point to the world, where content exists forever, where it’s permanent, where it doesn’t go away and remains forever”.
Once in 2014, Saudi Arabian Government allegedly infiltrated Twitter. He corrupted two employees of twitter who handed over to the Saudis identifying information of pseudonymous users and some of whom were Saudi dissidents.
Dorsey’s revolutionary conceptualization of open, decentralized social media is meant to transform the company’s relevance as a “content hosting” platform. During pre-web days, many people used Usenet, which is a type of distributed discussion forums. He also envisions a decentralized social media protocols which hards back to the root of both internet and twitter. It’s decentralized protocol but the discovery is tricky and Google and Facebook have emerged as a centralized web discovery solution.
Speaking about the very beginning, at that time Jack Dorsey used to note others’ opinions at that time. Dorsey said, ” It feels more like a technology that we can use to build whatever we want to build on top of”. Adding he said ” That was such a magic time and such a magic understanding of what Twitter was. And we want to get back to that. And we want the world to get back to that as well”.
During the early phase of twitter, some of them weren’t convinced of that to be a company. It rather used to appear more like an alternative email solution and email-based on open-source SMTP protocol. Dorsey said ” We need to enable people to contribute to a public blockchain and we need to enable people to pull and see from that public blockchain as well. Dorsey’s imagination is the accessible of the protocol to anyone, where they can make decisions about engagement, which they own, see, and share.
Particularly, Jack Dorsey only mentioned public blockchain was Bitcoin. He firstly announced that concept last December. In that, he said, ” The team could decide whether to use an existing blockchain or recreate new one”. Adding that Facebook also decided to create its own blockchain protocol, Libra. But it’s been nine months, still, Dorsey hasn’t hired a leader for the social media blockchain. Also given it was the leader who would choose the five developers, it’s just that Blue Sky.
