Sep 25, 2020 at 15:35 UTCUpdated Sep 25, 2020 at 15:56 UTC.When Twitter and Square CEO Jack Dorsey spoke at the virtual Oslo Freedom Forum 2020 on Friday, he said blockchain technology is the future of Twitter.
"Blockchain and bitcoin point to a future, point to a world, where content exists forever," Dorsey said.
In short, Dorsey expects the nonprofit Blue Sky to create an open Twitter protocol, which users can contribute to and access data from instead of a centralized service where the social media platform hosts content on its website.
"[Blue Sky] is a completely separate nonprofit from the company [Twitter]," Dorsey said.
He added the nonprofit is still looking to hire at least five roles, tasked with creating a public blockchain platform.
"You see this most fundamentally in bitcoin and in blockchain," Dorsey said, describing the shift from centralized service providers to diverse network participants.
As for Bitcoin Twitter, as it exists today, Dorsey broadly spoke to the importance of safeguarding users' identities, which may be the key to healthy discourse.
Plus, Twitter's staff are amping up reliance and machine-learning tools to help identify non-authentic user behavior, aka propaganda.
The appearance comes after the now-infamous Twitter hack of July 2020, when the platform suffered its most prominent attack in years.
"Security is not anything that can ever be perfected, it's a constant race," Dorsey said.
Jack Dorsey Details Twitter's Blockchain Strategy at Oslo Freedom Forum
Publicado en Sep 25, 2020
by Coindesk | Publicado en Coinage
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