Twitter’s best chance to become decentralised is with Elon Musk. But will he act on it?

Twitter’s best chance to become decentralised is with Elon Musk. But will he act on it?
Agencies

The critical question is: does Elon believe in Twitter becoming a protocol?

Synopsis

Jack's thinking was clearly different and, perhaps, altruistic, like the early internet innovators. It contrasted sharply with the centrally controlled and often walled-garden platforms and ecosystems owned by Bay Area tech companies. We are nearing the end of 2022. However, not much has come out of Bluesky. Before we analyse the reason for the lack of progress, let us understand the difference between a platform, an ecosystem and a protocol.

In December 2019, Twitter founder Jack Dorsey announced the Bluesky project to build an open, decentralised protocol for social media. Twitter initially funded it and set it up to run independently. His vision was that Twitter and other social media platforms would ultimately become a client of this protocol. It would be similar to how technologies such as the web, email, RSS (really simple syndication) feeds and XMPP (extensible messaging and
( Originally published on Dec 07, 2022 )

To Read the Full Story, Become an ET Prime Member

Access the exclusive Economic Times stories, Editorial and Expert opinion

Monsoon Offer

Get flat 20% off

on ETPrime membership

Membership Benefits

Access the exclusive Economic Times

Stories, Editorial & Expert opinion

Complete Access with ET Prime

Experience your Economic Times newspaper, The way you've always liked!

Get to know where the market gurus invest & grow your portfolio.

Stock Report Plus

In-depth stock analysis for 4000+ companies

Stock Analyzer

Instant stock analysis based on Solvency, Profitability, Growth, Valuation, Momentum, Risk & More.

Now Available with ET Prime

Manage your money efficiently with this weekly guide.

Clean experience

with minimal ads

Easy & distraction-free reading with 90% less ads

Sharp Insight-rich,

In-depth stories across 20+ sectors

1500+ Exclusive stories & analysis across sectors to help you stay informed

Get One Year Times Prime Subscription worth ₹1199 for free

Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-

Enjoy unlimited access to breaking news and thought provoking stories from all around the world.

Get One Year Docubay Subscription worth ₹999 for free

Stream award-winning international documentaries from more than 100 countries.

Offers By Our Partners

Exclusively for ET Prime Members

Members Love Us

The stalwarts of the industry trust ET Prime for insightful analysis & unbiased thought pieces

Gift a story

Your membership includes Story Gifting Credits. Now gift exclusive stories to your friends & peers.

Comment & Engage

with ET Prime community

Communicate & build a connection with great minds of the industry

A trusted team of

Journalists & Analysts

Unbiased perspective & detailed reporting by our team of journalists who have in-depth knowledge and years of experience