Creating Decentralized Social Media - Let's Talk About It

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    theycallmedan

    Published on Jul 31, 2021
    About :

    What's up with everyone trying to create "decentralized" social media?

    People all around are starting to realize the importance of a censorship-resistant communication protocol. It isn't nice to have; it's a must have. Anytime you have a monetary value that is up for grabs, people will attack and exploit it.

    Unlike the stock market and traditional business models safeguarded by legal regulation, IE you can't anonymously 51% attack a business and tear it to the ground. In crypto, it's 24/7; you can be anon and swiftly attack networks.

    I get into what it takes to have a sustainable censorship-resistant network and the reasons I believe people are trying to "recreate" the wheel with what we've done on Hive.

    Tags :

    hive decentralizedsocialmedia web3 crypto

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