Twitter looks to decentralisation

Team Luno
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Crypto developer Jay Graber is set to lead Twitter’s mission to create a decentralised social media protocol.

 

Graber, who contributed to the privacy coin project Zcash, has also been the recipient of the Ethereum Foundation grant, helping further her efforts in a decentralisation project called InteRep.

 

In a 2020 blog post, Graber wrote, “Efforts to decentralise social networks hope to structurally change the balance of power in favor of users by giving them the ability to change services easily and control their identity and data.” Could this be a sign of things to come?

 

Twitter founder and CEO Jack Dorsey is excited by Graber’s appointment and the prospects that come with it, saying it’s, “Another step towards decentralising Twitter and social media.”

 

Dorsey has been an active player in the crypto space for several years, endorsing bitcoin-based projects and incorporating BTC into his payments app, Square.

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Team Luno

On our way to the moon, we write about all things crypto. And don’t forget we’re humans too. Our blog conveys the views of Luno and the many unique opinions and characters within our team. We’ll never provide you with financial advice, and we urge you to conduct your own research before purchasing or trading any cryptocurrencies. It’s a brave new world out there, and the market can be volatile at times, so never trade with funds you can’t afford to lose. Want to let us know how much you love our blog? Tweet us @LunoGlobal.

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