Twitter is Going Decentralized with Blockchain

But allowing everyone to post anything they want to these platforms isn’t a great idea either. The power and responsibility to handle issues from harassment to hate speech to revenge porn to foreign propaganda is concentrated in the hands of just a few companies.

That could mean that, instead of Twitter the company having sole control over Twitter the social network, many other people could run their own versions of Twitter, in the same way that many different companies, nonprofits, and individuals run email services. You can send an email from Gmail to Yahoo, or to a server run by a mom-and-pop email provider. You can even set up your own email server at home. That’s because email is based on open standards that anyone can use.

It’s also not clear how, if at all, the company would make money from a decentralized version of its social network. “Why is this good for Twitter?” Dorsey wrote. “It will allow us to access and contribute to a much larger corpus of public conversation, focus our efforts on building open recommendation algorithms which promote healthy conversation, and will force us to be far more innovative than in the past.”

“Rather than relying on a few giant platforms to police speech online, there could be widespread competition, in which anyone could design their own interfaces, filters, and additional services, allowing whichever ones work best to succeed, without having to resort to outright censorship for certain voices,” Masnick wrote. “It would allow end users to determine their own tolerances for different types of speech but make it much easier for most people to avoid the most problematic speech, without silencing anyone entirely or having the platforms themselves make the decisions about who is allowed to speak.”

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