Showing posts with label twitter. Show all posts
Showing posts with label twitter. Show all posts

Inside Twitter Project Code Named "Bluesky" - Building A Blockchain Where Content Will "exist forever"...

Twitter blockchain

For years, the Jack Dorsey, CEO of Twitter has praised Bitcoin and blockchain technology. On several occasions when speaking about the topics of crypto and blockchain he has shared his thoughts on some of the potential upsides of bringing blockchain technology to Twitter .

Now we have learned it's not just a dream, it's actually in the works right now.

The project is known internally at Twitter as "Bluesky"...

They're keeping it all within the doors of Twitter, using their developers and financing. The team has one goal - developing a new decentralized standard for social networks. The intention is to create a protocol that the social network runs on, and have it be completely decentralized. 

On this decentralized protocol Twitter would simply run as a client, so that users "have a wider conversation, that anyone has access and anyone can contribute."

For the entrepreneur, Twitter is no longer in the business of hosting content (tweets) or images. Dorsey points to a new way of sharing information through blockchains where content "exists forever" and will exist on every node that is connected to the network.

Dorsey is convinced that Twitter would improve in various aspects, including security, if it operates under a decentralized protocol. Dorsey referred to the fact that this type of distributed systems can be useful when it comes to combating threats on the platform , improving the identification of users and that the participants contribute to a public blockchain.

"If we are able to do that it would be something really powerful, something that responds to the power and original intention of what the Internet could be" he said.

After Stepping Up Censorship, Could Twitter REALLY Give That Power Away? 

Content on the blockchain cannot be changed, deleted, censored. But Twitter and other Silicon Valley tech giants have spent the last 3 years censoring more than ever. 

While guidelines felt fairly clear a few years ago, we've now seen Twitter, Facebook, and YouTube delete accounts that simply expressed political views different from the typical Bay Area tech worker.

Could a company like Twitter really handle a disruption so large where the staff would be rendered powerless to remove content deemed 'offensive'.

There's also a large segment of the users who feel the site is 'on their side' and are quick to report even a slightly rude response to a tweet as 'hate speech' and successfully getting accounts deleted or warned.  These people will not respond kindly to being told 'there's nothing we can do'. 

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Author: Justin Derbek
New York News Desk






Elon Musk comments on Ethereum scammers on Twitter - Vitalik responds...

Tesla CEO Elon Musk is among a long list of people targeted by Ethereum scammers on Twitter.

The scam works like this - Elon Musk makes a real tweet, then immediately following it, a profile designed to look exactly like his will respond with something like "By the way, i'm doing a giveway for our fans..."  this usually then involves some gimmick like "Send 0.5 ETH, and get 3 back!".

The bots are aggressive, and manage to usually be the first reply to a targets tweets, causing Musk to comment:

"I want to know who is running the Etherium scambots! Mad skillz …"

Which then got Ethereum's creator Vitalik Buterin to respond, sadly saying:

“I do wish @elonmusk's first tweet about ethereum was about the tech rather than the twitter scambots........”

The scammers do seem to have dozens if not hundreds of impostor accounts pushing their scams.  Even Global Crypto Press has been hit by them - so far we've reported two accounts impersonating our organization (The only real one is @GlobalCryptoDev) - to Twitter's credit both were removed within 24 hours.

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Author: Mark Pippen
London News Desk


@Bitcoin hacked on Twitter - but the owner says it's a conspiracy and Twitter's CEO Jack Dorsey is part of it...

The Twitter username @Bitcoin has taken a lot of heat in the past - that's because the anonymous owner doesn't use it to actually talk Bitcoin, but is instead a heavy promoter of BCH (aka Bitcoin Cash or BCash) an alternative coin to the original Bitcoin.

Hackers in both Russia and Turkey claimed credit for the hack, but the account owner is going as far as claiming the Twitter CEO Jack Dorsey was part of an inside-job conspiracy against him.

"...Jack disabled this account, gave it to someone else, only to return it in the face of public backlash with 750,000 fewer followers. #censorship" he said in a Tweet shortly after gaining back control of the account.

Twitter CEO Jack Dorsey has been an advocate of the original Bitcoin, recently stating "The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin."

Unfortunately, the truth behind the hack is likely much less interesting, and we highly doubt this was an 'inside job'.  A more likely and simple explanation such as malware or a keylogger installed on a device of the owner is probably how this and most twitter 'hacks' occur.
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Author: Adam Lee
Asia News Desk


Twitter/Square CEO believes in Bitcoin, and has the power to usher in mass adoption - here's how...

Speaking to The Times in the UK, CEO of Twitter and Square Jack Dorsey said “The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin.” Dorsey continued “probably over ten years, but it could go faster".

His Bitcoin-believer mindset has shown in his products lately too - with the Square Cash app rollout to buy Bitcoin many people are wondering, what's next?

Square provides point-of-purchase services to literally millions of retail outlets nation-wide.  Given Dorsey's beliefs on Bitcoin, it's not too far fetched to think at one point these merchant services will see the ability to accept Bitcoin in their stores through Square.

That would be a move where overnight, Bitcoin would be an accepted form of payment at millions of stores. I discussed this possibility in depth a couple months ago in a YouTube video (link) after I was lucky enough to be one of the early Square Cash app users with the ability to purchase Bitcoin.

Point is - not only can Jack Dorsey make this happen, it sounds likely he actually will.
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Author: Ross Davis
San Francisco News Desk


Ethereum creator Vitalik Buterin calls Bitconnect a ponzi scheme...


File this article under "stating the obvious" but unfortunately, BitConnect's user base somehow keeps growing.

Ethereum's creator Vitalik Buterin responded to a tweet today from a Twitter user goes by the name "Ponzi crypto coins" who appearently prides himself in calling out scam coins, tweeted at him:

After telling Vitalik Bitconnect's promises of 1% daily returns, Vatalik stated (the obvious) - it's a ponzi scheme (AKA pyramid scheme).
The collapse is coming, eventually.

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Author: Oliver Redding
Seattle News Desk