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Cryptocurrency News Articles
Imagine a world where your digital identity is truly your own
Mar 13, 2025 at 06:06 am
This isn't a utopian vision, it's the necessary evolution of social media in an era where digital sovereignty is a fundamental right.
The article "A New Future for TikTok: Decentralization and the Fight for Digital Sovereignty" discusses the increasing attention on user-driven social media platforms with the recent news of potential buyers lining up for TikTok. However, the article argues that the focus should shift from who owns the platform to how it's governed.
Highlighting the initiative by Project Liberty's technology team to develop Frequency, a public, permissionless blockchain designed specifically for high-volume social networking, and its collaboration with Alexis Ohanian, the co-founder of Reddit, and Kevin O'Leary, renowned investor and entrepreneur known for his role on Shark Tank, to take TikTok on-chain.
Together, these initiatives aim to move social media away from corporate ownership and toward an open, user-controlled model.
The article also touches upon Bluesky, an open-source social media project, in its effort to create a more decentralized future for social media. It offers a glimpse into what a decentralized social web could look like, but key vulnerabilities remain.
Key Takeaways:
* Project Liberty's technology team has developed Frequency, a public, permissionless blockchain designed specifically for high-volume social networking, to reinforce the foundation of a user-driven internet, prioritizing interoperability, data sovereignty, and resilience against centralized control.
* These initiatives aim to move social media away from corporate ownership and toward an open, user-controlled model.
* Bluesky, an open-source social media project, is one attempt to answer the call for decentralization.
* True digital liberation demands more than good intentions; it requires a structural commitment to full decentralization.
* Frequency operates on the principle of minimal, purposeful decentralization, making long-term sustainability of the ecosystem at population scale viable.
* The only data stored on-chain is what’s essential to guarantee individual data rights.
* This design approach allows for efficient chain optimization focused on core social events, primarily activity related to account, graph, and communication primitives.
* This focus on core social allows for tokenized incentives to be designed around management of network capacity, with specific incentives for creators, consumers, and other more specific actors left to higher levels of the technology stack.
* Frequency ensures that users have cryptographic protection over their personal data, along with granular controls that dictate how their data is shared.
* They also have the flexibility to impose platform-specific restrictions, ensuring that their content appears only in the digital spaces where they want it to be seen.
* Crucially, they must be able to delete their content at their discretion.
* They should also have the power to restrict content to specific platforms if they choose to do so.
* This approach directly addresses the fundamental roadblocks that have prevented previous attempts at decentralization from scaling.
* Frequency ensures that no single entity—not even its own node operators—has the power to alter or censor user data.
* It provides a decentralized backup of Bluesky's Firehose, ensuring that user-generated content remains accessible beyond the control of a single party.
* Its architecture is designed not just for ideological purity but also for practical sustainability and scalability, offering minimal latency and cost-efficient operations to ensure the system remains viable for mass adoption.
The article concludes by stating that the internet was meant to be open, interconnected, and free. Today, we stand at a crossroads: either we continue to rely on corporate-controlled social media, or we take the necessary steps to create a more open, user-owned digital future.
Bluesky is a step forward, but without addressing its remaining points of centralization, it risks becoming just another walled garden, perhaps a slightly more open one, but still one where users lack true control. TikTok presents an even bigger challenge. The debate over its ownership misses the point. The real question isn't who should own TikTok, but whether any social media giant should be owned at all in the traditional sense. Decentralization offers a new way forward, one where platforms are built around user sovereignty, rather than corporate control.
With Frequency, we are moving one step closer to reclaiming the original promise of the internet. True digital liberation requires breaking free from the data monopolies that have defined the social media era. This isn't just a technological upgrade; it's a necessary shift in power.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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