Enter the Decentralized Social Media (DSM) model, a polycentric model of online interaction recently proposed on Medium by Ross Ulbricht, the currently imprisoned founder of Silk Road, an infamous illicit online marketplace that jump-started the popularity of Bitcoin in the early 2000s.
To oversimplify, Ulbricht’s DSM model would remove those automatic and manual moderation tools from under the hood of a social media’s servers and place those same processes in the device of the social media user under the control of separate companies that stand to profit from providing moderation and aggregation services at the discretion of the device owner. Users could access any or all of the web’s available social media content feeds at once and only be fed content within their own acceptable parameters while retaining ownership of their user data. All of this would be done through the operant function of Bitcoin, the encrypted blockchain.
The regulatory balance that exists on the internet cannot be described as elegant or simple, nor did it emerge smoothly. The internet today is far from the ideal, unified, global network that existed in the early 1990s. National regulations and firewalls, IP-based geofences and other tools have all chipped away at the feeling of limitless connectivity that existed in the early days. Despite those restrictions, in much of the world there is still no single, all-powerful gatekeeper that can block a company or idea from accessing the network. The internet remains, for the most part, a permissionless network.
This is most essential element of the internet that makes it an incubator of innovation, and it is the one that is most critical to preserve as we grow the regulatory maturity of the blockchain ecosystem. Many services that we take for granted every day have emerged on the internet in spite of fierce opposition from established industry players.
Net proceeds from the NFT sales will be donated to the not for profit Boys & Girls Clubs of America, to fund hunger-focused programs and bring nutritious food to cities across the US.
Dole global president Pier-Luigi Sigismondi said the company had sought out Datuna because it knew it could not provide access to good nutrition for 1 billion people alone.
“To create systemic change, we need to converge purpose with creativity, innovation and technology. This effort is the best representation of how we want to make a difference in this world,” Sigismondi said.
“We are highly dependent on the open source frameworks and libraries developed by the community,” Global Forest Watch Engineering Lead Thomas Maschler says. “There is so much innovation coming out of open source software. We tend to be on the early adopter side when it comes to tools and frameworks and we wouldn’t be able to move at the same speed if we would work with proprietary software.”
I hope this article provides value in the exploration of decentralization. As simple as it is to understand the need for decentralized exchanges, the implementation of decentralized systems, networks, sites, and applications will not be a quick and easy task. The current complexities of decentralized systems only makes use for those with advanced knowledge in leveraging these systems and may prove challenges to ordinary internet users. And although we notice the gaps needed to be filled in order to fight against centralized big tech monopolies, the responsibility is held on the shoulders of developers building internet applications today. The advantages of decentralized networks are appearing for the future of the internet as free control of data, information flow, and preservation of media content become more important. I truly believe the internet is meant to be open, fair, transparent, and decentralized and I hope internet users begin realize these importances.
Altitude Games CEO Gabby Dizon thinks the science fiction-inspired virtual reality Metaverse is being created all around us at increasing speed. “The Metaverse means different online worlds that are interconnected upon some form of shared economy. Usually, this economy is based on a blockchain,” explains Dizon, who also heads Yield Guild Games.
“A lot of people will be losing jobs in the physical world, and what will they be doing? I think they will be going online, and they will start playing games. Specifically, they will start playing games to earn money.”
BITCOIN ($ BTC) had its origin as open source software (Open Source), presented by “Satoshi Nakamoto”, alias of a programmer or group of programmers whose motivation for its development was the economic crisis of 2008 – 2009, specifically the decision to print money for the rescue of banks after the credit and stock market crisis of the real estate bubble.
Bitcoin is known as the first cryptocurrency of the more than 2,000 that exist today, independent of any government authority (decentralization), its production is completely digital, subject to an issuance limited to 21 million Bitcoins.
A new report from the Napa Legal Institute has revealed the full extent of big-tech censorship of Christians. It details the growing attitude of hostility towards faith-based views and organizations in large tech companies, and urges “decisive” actions by faith leaders to confront this new culture.
The report, compiled by the Napa Legal Institute and published last week, alleges that since the beginning of the year, religious organizations and individuals have been censored on social media at a rate of roughly once a week.
The initiative has recently hit an important stage of development as it released a proof of concept that blockchain, a type of distributed ledger technology, can track embedded greenhouse gas emissions.
The successful completion of the proof of concept and the evidence from the pilot project, named the Carbon Tracing Platform, will be critical to ensure traceability of emissions from “mine to final product”.
Web 3.0 is an internet where information and value flow in an integrated manner and where no permission is needed from a central authority to participate. The rise of technologies such as distributed ledgers and storage on blockchain will allow for data decentralization and create a transparent and secure environment, overtaking Web 2.0’s centralization, surveillance and exploitative advertising.