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Elon Musk and Jack Dorsey privately mentioned making a extra decentralized model of Twitter. The 2 billionaires mentioned the topic in brief sooner than Dorsey stepped down from Twitter’s board of administrators.

Elon Musk and Jack Dorsey talk about decentralized Twitter

The messages between Musk and Dorsey had been shared as a part of the continuing prison tussle between Musk and Twitter after the Tesla CEO pulled out of a deal to procure the social media corporate.

The shared non-public messages display that on March 26, Dorsey advised Musk that there was once a want to create a brand new platform that did away with the company fashion, including that this was once why he had resigned from the corporate.

Dorsey resigned as Twitter CEO in December 2021. In his resignation understand, Dorsey stated that his presence at the social media platform was once now a “unmarried level of failure.”

Within the non-public messages, Musk requested Dorsey what his model of a perfect social media platform would appear to be. Dorsey stated that the sort of platform would depend on an open-source fashion and a basis that contributes to the protocol however does no longer personal it. He additionally added that an instance of the sort of platform is “Sign.”

Dorsey stated the sort of platform would additionally get rid of an promoting fashion, including that such fashions gave advertisers and governments some way of controlling it. Dorsey prior to now criticized Twitter’s promoting fashion, announcing it was once his “largest remorseful about.”

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“If it has a centralized entity in the back of it, it is going to be attacked. This isn’t difficult paintings, it simply needs to be finished proper so it’s resilient to what has took place to Twitter,” he stated.

Musk spoke back to Dorsey, announcing that his proposal was once a “tremendous attention-grabbing concept.” The Tesla CEO added that he was once keen to assist Dorsey reach that imaginative and prescient, announcing it was once price shifting Twitter in the best route and making a decentralized platform.

On April 4, Musk excited the Twitter group after pronouncing he had purchased a 9.2% stake within the social media corporate. Musk purchased this stake one week after his discussions with Dorsey. After two weeks, Musk introduced his aim to shop for the corporate and make it a non-public entity that promoted unfastened speech.

Making a decentralized Twitter on blockchain

Musk turns out to have given a lot concept to making a decentralized Twitter and integrating blockchain era. Musk additionally had a dialog with the CEO of FTX, Sam Bankman-Fried, announcing he was once inquisitive about discussing how blockchain Twitter may perform.

In one of the crucial messages shared through Musk, he additionally proposed that customers pay a rate to have their social posts revealed at the blockchain, announcing that this is able to resolve the issue of unsolicited mail accounts at the platform.

It’s not the primary time that the speculation of getting Twitter at the blockchain has been floated. Michael Saylor, the Government Chairman of MicroStrategy, has prior to now prompt that Twitter accommodates the Lightning community.

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