In a tweet made by Twitter’s CEO earlier today, Dorsey said that Twitter plans to fund a “small independent team of up to five open source architects, engineers, and designers.” The end goal is to create a new decentralized standard which presumably will be for all social media. Twitter will be putting its weight behind the project and will, if successful, adopt this standard, someday.
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For the love of God, Jack you've really surprised me today!
I think this is definitely a great decision by Twitter CEO Jack Dorsey. Since he's an advocate of Bitcoin and other cryptocurrencies, he is planning to something for us to accept and adopt social media's decentralized standard.
I don't know what you guys are thinking of Jack Dorsey's move. Do you think we are so ready for the decentralized standard?
Just let me know about your opinion, reaction or feedback about this one. For me, this is definitely huge and Twitter looks to be ahead of the line!
What did he mean by "new decentralized standard" is he planning to launch a twitter cryptocurrency. If he does then he if following the same path as Facebook CEO.
When a company owns & controls a platform, how can they set up a decentralized standard on that platform? whatever he is planning we need to wait and watch.