Tag

Decentralization

All articles tagged with #decentralization

Mountain village powers through war with its own tiny hydro network
world7 days ago

Mountain village powers through war with its own tiny hydro network

In western Ukraine’s Ust-Chorna, a trio of micro-hydroelectric plants has kept the village’s lights on through wartime blackouts, illustrating both the promise and limits of Ukraine’s shift to decentralized green energy. While residents benefit from reliable power and potential new income from small producers, debates over electricity prices, environmental impact, and the durability of government incentives linger as Kyiv nudges more communities toward local, renewable generation amid ongoing attacks on centralized grids.

Traders Await MetaMask Ethereum Token Drop Amid Joe Lubin's Hint
technology5 months ago

Traders Await MetaMask Ethereum Token Drop Amid Joe Lubin's Hint

MetaMask is likely to launch a native token soon, with CEO Joe Lubin hinting it may come earlier than expected, amid regulatory considerations and ongoing development efforts like the Linea layer-2 network and stablecoin mUSD. Traders estimate a 32-46% chance of the token launching before the end of the year, though key details such as timing, utility, and distribution remain unclear.

MetaMask to Launch MASK Token Amid Web3 Wallet Competition
technology5 months ago

MetaMask to Launch MASK Token Amid Web3 Wallet Competition

Consensys CEO Joseph Lubin announced that MetaMask's native cryptocurrency, MASK, is coming soon, emphasizing its role in enhancing decentralization within the platform. The launch is expected to be sooner than anticipated, aligning with ongoing efforts to support the Ethereum ecosystem's decentralization. Meanwhile, the company is navigating market challenges, including a decline in its market net asset value, but remains optimistic about future growth and strategic initiatives.

finance7 months ago

Bitcoin Whales Resurface After 14 Years, Moving Over $8 Billion

The article discusses the history, current state, and debates surrounding Bitcoin, highlighting its role as a decentralized asset, its limitations as a currency, and the ongoing issues of centralization, liquidity, and security, while also touching on its potential future in a digital society. It reflects on the disillusionment some feel about Bitcoin's original promise and its evolution into a financial instrument and store of value.

Bluesky's Rise: Jay Graber's Vision Attracts Millions Amidst Social Media Shifts
technology1 year ago

Bluesky's Rise: Jay Graber's Vision Attracts Millions Amidst Social Media Shifts

Bluesky CEO Jay Graber is considering potential revenue streams for the platform, including user-driven advertising, while maintaining its decentralized nature. Although Graber is committed to avoiding the pitfalls of traditional ad models, she hasn't ruled out ads entirely, suggesting less intrusive methods like ads in search results. Bluesky's open protocol poses challenges for monetization, as it allows users to create ad-free feeds. The company is focused on growth, with user numbers rising from 3 million to 24 million this year, and is exploring other revenue options like maintaining the AT protocol.

Bluesky's Meteoric Rise: From Twitter's Ashes to a 500% Traffic Surge
technology1 year ago

Bluesky's Meteoric Rise: From Twitter's Ashes to a 500% Traffic Surge

Bluesky, a decentralized social media platform founded by former Twitter CEO Jack Dorsey, has rapidly gained popularity as an alternative to Elon Musk's X, attracting over 13 million users. The platform emphasizes user empowerment, a welcoming environment, and evolving with feedback, while maintaining strict content guidelines against hate speech and exploitation. Bluesky's privacy policy avoids traditional advertising and data use for AI training, and it employs a unique moderation system involving community and third-party input. CEO Jay Graber leads the platform, which aims to provide a user-driven social network experience.

Bluesky Surges as Users Flock from X, Challenging Twitter's Legacy
technology1 year ago

Bluesky Surges as Users Flock from X, Challenging Twitter's Legacy

Bluesky, a decentralized microblogging platform founded by former Twitter CEO Jack Dorsey, is gaining popularity as users leave X (formerly Twitter) due to dissatisfaction with Elon Musk's ownership and political alignment with Donald Trump. Bluesky offers unique features like algorithmic choice and data portability, appealing to those seeking an alternative to the politically charged environment on X. While Bluesky's growth is notable, its potential to replace X remains uncertain, as X continues to be a key platform for political discourse.

Bluesky's Meteoric Rise: Navigating Growth Amidst X Exodus
technology1 year ago

Bluesky's Meteoric Rise: Navigating Growth Amidst X Exodus

Bluesky, a decentralized social media platform, has seen a 500% surge in traffic following a mass user exodus from Elon Musk's X (formerly Twitter) after the presidential election. Bluesky, which offers users more control over their experience through customizable algorithms, has grown by about a million users daily, reaching over 20 million users. Despite its rapid growth, Bluesky faces challenges such as handling increased traffic and finding a sustainable revenue model, as it currently operates without ads and relies on venture capital funding.

Bluesky: The New Social Haven for Fleeing X Users
technology1 year ago

Bluesky: The New Social Haven for Fleeing X Users

Bluesky, a decentralized social media platform created by former Twitter CEO Jack Dorsey, is rapidly gaining popularity as an alternative to Elon Musk's X, with around one million new sign-ups daily. The platform, which resembles the old Twitter, allows users to host their data on independent servers. Bluesky's growth has been fueled by political divisions and dissatisfaction with X, as well as endorsements from celebrities. Despite its rapid expansion, Bluesky faces challenges in monetization, as it seeks alternatives to advertising, such as paid services for custom domains.

Bluesky Surges as Users Abandon X Amid Musk Controversies
technology1 year ago

Bluesky Surges as Users Abandon X Amid Musk Controversies

Bluesky, a decentralized social media platform, experienced an outage due to a fiber cable issue with one of its internet providers, affecting some users globally. The platform has gained popularity as a friendlier alternative to X, formerly Twitter, especially after the US election, with 2.25 million new users joining recently. The outage was largely resolved by late Thursday. Bluesky's rise is partly attributed to dissatisfaction with Elon Musk's influence on X, prompting users to seek alternatives like Bluesky and Threads.

Bluesky Surges as Users Flee Musk's X Amid App Store Success
technology1 year ago

Bluesky Surges as Users Flee Musk's X Amid App Store Success

Bluesky, a decentralized social media platform similar to X (formerly Twitter), is experiencing a surge in users as people leave Elon Musk's platform following Donald Trump's election victory and Musk's new government role. Bluesky, co-founded by Jack Dorsey, offers features like blocking and moderation tools that appeal to users dissatisfied with Musk's changes to X. Despite its growth, Bluesky's user base remains much smaller than X's. Notable figures and organizations, including The Guardian and celebrities like Don Lemon, are migrating to Bluesky.