U.S. electric car maker Tesla CEO Elon Musk dropped a shock on the 14th to fully acquire social media giant Twitter for $43 billion, followed by Ethereum co-founder Buterin (Vitalik Buterin tweeted his personal views on Musk’s acquisition of Twitter.
Buterin said he doesn’t object to Musk running Twitter, but he doesn’t agree with wealthy people with deep pockets or organizing hostile takeovers of social media companies because it could easily make very big mistakes, such as envisioning a morally flawed foreign country If the government does this.
In response, Twitter founder Jack Dorsey tweeted back to me on the 19th, adding: I don’t believe that any individual or institution should own social media, or media companies more generally, it should be a Open, verifiable protocols, everything should be a step in that direction.
After Dorsey’s remarks, DeSo, the decentralized social network, pitched itself to Dorsey that we agree with you and have a similar vision for the future of social media, we have been working on the DeSo protocol for many years, and are committed to To solve the social media and data centralization problems we are seeing now.
But Dorsey replied: If you’re building on Ethereum, you have at least one (if not many) single point of failure, so I’m not interested.
After Dorsey’s rather disdainful attitude, DeSo quickly responded: We didn’t build on Ethereum because we agreed it would be impossible to do so, DeSo is a brand new Layer 1 protocol, built from the ground up to scale decentralization Social media applications, and if you want to know more, please visit the official website.
DeSo founder Nader Al-Naji also quickly said: Hey Dorsey, I’m the creator of DeSo. We’re actually Layer1 designed for social purposes, with 1.5 million accounts! Our goal is to build healthier online conversations and would love to connect with you. PS: When you visited Princeton a few years ago, we had dinner and I also worked briefly at Block.
community debate
Dorsey lashed out at ethereum’s views, sparking a variety of responses. Some agreed, pointing out that social media should be 1) based on Lightning Network/Bitcoin sidechains 2) open source 3) payments/spam native resistance, but others disagreed, slamming that you really need to stay away from those Laser eye idiot, Jack, this is so embarrassing.
Jeff Booth, author of the financial book “The Price of Tomorrow: Why Anti-Growth is the Key to a Prosperous Future?” agrees with Dorsey’s argument, saying that in the next few years, more entrepreneurs will struggle. Understanding the problem, building on quicksand, is a poor long-term strategy.
But software developer and former Slock.it executive Christoph Jentzsch disagrees with Dorsey’s argument: If you’re building on the Ethereum protocol, no (with a single point of failure), if your project builds entirely on Infura , MetaMask, and some other tools, then there will be a single point of failure, and so will Bitcoin.
Multiple attacks on Ethereum
In fact, Dorsey, who once advertised himself as a Bitcoin maximalist, has been sparing no effort in attacking Ethereum. As previously reported, Dorsey tweeted in December that I am not against Ethereum, I am against the centralized, VC-owned, single point of failure, corporate-controlled lie.”
When someone tweeted last July that it was only a matter of time before Dorsey invested in ethereum, Dorsey also briefly responded that he would not. In fact, when Dorsey sold the world’s first tweet for $2.9 million last March, he was getting 1,630 ether.
Post time: Apr-30-2022