Coins by Cryptorank
NewsEditorial office

Jack Dorsey announces a new decentralized social network protected from government control

Andrew Zhoao

News editor

Oct 21, 2022 at 05:32

The former Twitter CEO and fierce cryptocurrency supporter Jack Dorsey announced a decentralized social network — The AT Protocol. It is known that the Bluesky team, which the businessman founded in 2019, is working on the project. Their goal is to create a decentralized social platform protected from government control. 

What is known?

After three years of research, a new network, called the Authenticated Transfer Protocol (AT), will have to limit the control of the state and other institutions in social networks. 

The new company is expected to break out of centralized control and will use portable accounts and choice algorithms to create a perfectly coherent network. In this way, AT Protocol will be able to protect users’ data and at the same time be a complete social network. 

“Algorithms dictate what we see and whom we can reach, we must have control over our algorithms if we’re going to trust in our online spaces,” says the statement. 

The brand new newsletter with insights, market analysis and daily opportunities.

Let’s grow together!

Customers’ data will be protected by using domain names as user IDs with cryptographic URLs to protect each account. In addition, the social network will allow transferring an account to several platforms without “loss of any data and the user’s social graph”. 

The company explained that the social network will differ from others in that users will have full control over what happens instead of centralized power through targeted advertising.

Web3 enthusiasts laud the project as it is a way to protect user data while still providing a platform for social networking.

AT Protocol features 

Here’s what AT Protocol offers users: 

  • Account portability. A user’s identity will not be owned by corporations not accountable to their users. With AT Protocol, a user will be able to move their account from one provider to another, without losing personal data or social traffic.
  • Algorithmic choice.  The user will have control over the algorithms and control over what they want to see. AT Protocol will allow users more control over their actions.
  • Interoperation. It’s about healthy competition so that the marketplace is diverse. Interoperation should be second nature to the internet, the Bluesky team believes. That’s why AT Protocol has a schema-based interaction structure called Lexicon that helps solve coordination problems.
  •  Performance. Many new protocols degrade network performance, which leads to long load times. The company does not consider performance to be a must, so they made an emphasis on creating fast downloads on a large scale.

The company also will build a social app which will be the portal to anything being built on top of AT Protocol. You can sign up to receive the beta at this link.

Jack Dorsey is known for his involvement in the crypto world. Thus, he is, among other things, the head of fintech company Block. In June, together with rapper Jay-Z, launched the Bitcoin Academy, and a bit later he announced the Web5 technology, promising a completely new decentralized network based on Bitcoin.

All information provided on this website is for educational and informational purposes only. Please consult with our Disclaimer.

Home » News » Jack Dorsey announces a new decentralized social network protected from government control

Your complaint has been sent to a moderator