Aave To Launch Decentralized Twitter On Ethereum

in LeoFinance3 years ago

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Web2 social media platforms have proven several times users don't own their account, neither do they own their data. On any day your account can be shut down and there's basically nothing the victim of censorship can do about it.

Aave is looking at launching a decentralized Twitter later this year on Ethereum.

Decentralized finance giant Aave will launch an alternative to Twitter using Ethereum this year, the protocol’s founder told Decrypt.
Source

To stand a chance of competing against Twitter, opting for Ethereum as the host of a decentralized Twitter is concerning due to scaling and transactions issues on that chain.

No doubt the more decentralized social platforms out there the better. Leofinance's Project Blank is also in the works and hopefully it should gain some popularity.

Web3 is gradually expanding its reach onto more avenues, having competitive decentralized social platforms with incentive models like Hive will continue to show up in the future, it will be interesting to see which will be dominant.

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We owe it to ourselves to make Hive great

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Image by @doze

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Definitely good news and a win against censorship; however, only time will tell which platform will be dorminant. Lets wait and see. Thank you for sharing and enjoy a wonderful week ahead :}

Am sure Hive is ahead of the bunch as it keeps evolving beyond social media platform. Time will definitely tell which one will be a major player.

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How much will that cost to send an upvote?

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My concern exactly, probably an average $20 on a good day?

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No way that is remotely scalable. I do like that the idea is becoming more well known, hopefully people find Hive in the process

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It is just baffling why Hive keeps getting ignored, I don't want to believe Hive is unknown to these devs.

Hopefully Hive gets its attention some day soon.

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Perhaps a fear that there can be such a powerful force not driven by an individual to hold accountable if it all goes to shit.

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Basically people are still stuck in a centralized way of things and look for that in a decentralized ecosystem?

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Many thanks @hivebuzz

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You're welcome @joetunex 😊🌹👍 Happy buzzy week!!!

Project Blank should launch earlier than this.

That will be better, CubFinanace took priority with that and Kingdoms launched we should see Project Blank follow soon hopefully.

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Many projects gradually seeing the need for a decentralized such social media platform. I hope projectblank and Hive beat them to this.


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Hive as a whole is ahead of them, from what started out just a blogging platform now houses lots of DApps, communities, games etc. I see no reason why Hive wouldn't be at the center of it.

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Yeah we sure are ahead but it would be great to take advantage. We have really grown over the years. It would be awesome been at the centre of it all.


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I really wish Hive gets the attention it deserves and really stays above a dollar.

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I hope so too. Hive staying at 1usd would be really cool. Looking forward that day


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