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.
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.
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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.
Here’s what AT Protocol offers users:
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.
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