Meta is developing a decentralized social network to compete with Twitter

Goalthe parent company of Facebook and Instagram, is in the early stages of developing its own decentralized social network based on text posts. The company does not want to lose ground and seek to wrest the throne from Twitter. This has been confirmed Meta sources to Platformerwho comment that they still do not have a presentation date.

Although they do not have many more details about the project, the person responsible for carrying it out will be Adam Mosseri, CEO of Instagram and very active on social networks. The highlight of the platform is decentralization. What does it mean that the network will be decentralized? Users will be able to configure and establish specific rules for the use of moderation.

The objective of Meta is that the new social network can be accessed with the Instagram credentials. To this end, the company’s legal teams are working to resolve any potential conflicts in terms of privacy that they may have.

Decentralized autonomous social network for text sharing

This way, They are exploring a decentralized autonomous social network for sharing texts. They believe there is an opportunity for a separate space where content creators and the public can share news about their interests. On the one hand, it would be similar to Twitter, although the operation would be more similar to Mastodon.

For Meta it is a good time to enter this territory of short text messages, which until now has been dominated by Twitter. Although we will have to wait until we know what point Meta will be involved in this social network.

Read Also:  From Ethereum to their own innovations: The Dutch are making crypto easier

Recent Articles

Related News

Leave A Reply

Please enter your comment!
Please enter your name here