Tag

Decentralization

All articles tagged with #decentralization

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

Originally Published 3 months ago — by Decrypt

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Source: Decrypt

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

Originally Published 3 months ago — by theblock.co

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Source: theblock.co

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.

Blacksky Achieves Millions of Users Without Spending

Originally Published 4 months ago — by Hacker News

The article discusses the growth of Blacksky without advertising, critiques the challenges of decentralized social networks, and advocates for user-controlled, transparent platforms with simple, purpose-driven design, highlighting the limitations of federation and the importance of community and ease of use.

Ethereum's Growing Stablecoin Use and Liquidity Challenges

Originally Published 6 months ago — by AMBCrypto

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Source: AMBCrypto

Ethereum faces a structural challenge as the growth of stablecoins on its network outpaces its own market value, potentially weakening its decentralization and economic model, with increasing reliance on externally governed assets like USDC and declining ETH-denominated DeFi activity.

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

Originally Published 6 months ago — by Hacker News

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

Originally Published 1 year ago — by TechCrunch

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Source: TechCrunch

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

Originally Published 1 year ago — by Mashable

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Source: Mashable

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

Originally Published 1 year ago — by SlashGear

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Source: SlashGear

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

Originally Published 1 year ago — by NPR

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Source: NPR

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

Originally Published 1 year ago — by BBC.com

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Source: BBC.com

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

Originally Published 1 year ago — by BBC.com

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Source: BBC.com

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

Originally Published 1 year ago — by Forbes

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Source: Forbes

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.

Bluesky Surges in Popularity as Users Flee X Post-Election

Originally Published 1 year ago — by TechCrunch

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Source: TechCrunch

Bluesky is a decentralized social media platform developed by former Twitter CEO Jack Dorsey, designed to offer an alternative to Twitter, now X, after Elon Musk's acquisition. It uses the open-source AT Protocol, allowing transparency and customization. Bluesky, which became publicly accessible in February 2024, has grown rapidly, reaching over 14.5 million users by November 2024. It offers features similar to Twitter, such as posts, replies, and likes, but emphasizes user control and privacy. Bluesky aims to sustain itself through paid services rather than advertising.