Blockchain

Former Zcash developer hired to lead Jack Dorsey’s Bluesky

Twitter supremo Jack Dorsey has revealed that Jay Graber – a former Zcash developer – will be masterminding his new Bluesky initiative.

Bluesky, first mentioned publicly in 2019, aims to deliver a decentralised social media ecosystem in response to regulatory encroachment on social media platforms.

In a string of tweets, Dorsey explained the Bluesky project was driven by numerous concerns he had with the way in which social media has developed – away from being a platform for connection, into an algorithmic marketing machine.

The tweets also cited the ever-increasing demands of centralised regulators and the appearance of more frequent negative content, particularly surrounding political controversies.

The Twitter visionary went on to explain that blockchain offered cutting-edge decentralised solutions that could bring about a more democratic and immutable form of social networking online.

Dorsey’s initiative has excited many, and the public appointment of well-respected crypto developer Jay Graber represents an exciting step with the project now lead by a man with a deep understanding of start-ups in the crypto space.

Graber has wasted no time in highlighting the progress he has already made on the new social network ecosystem, revealing he conducted a systematic ecosystem review with a team of blockchain builders and crypto creatives in January.

He also drew attention to Bluesky’s keenness for partnerships with other social media market leaders, expressing hope that the scheme would receive support and collaboration from other platforms.

Twitter CEO Jack Dorsey was among the first to applaud Jay’s appointment at Bluesky, suggesting the Zcash developer would be able to enhance the coding-side of the project roadmap.

This is the latest in a series of recent moves by Dorsey to dominate the crypto space, following his $29B takeover of e-credit company AfterPay.

More crypto news and information

If you want to find out more information about Bitcoin or cryptocurrencies in general, then use the search box at the top of this page. Here’s an article to get you started.

As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.

Sam Cooling

London-based crypto journalist Sam Cooling studied at the London School of Economics (LSE) before working as a Data Technology Consultant for the Fairtrade Foundation. Coin Rivet combines his passion for technology writing with his zeal for the Decentralised Finance revolution. Sam loves providing daily regulatory and alt coin coverage. Outside of the crypto world Sam loves boxing, and spends his time working with NGOs in Zambia.

Disqus Comments Loading...

Recent Posts

Here is why Bitcoin is still a lucrative investment in 2024

Those who enter the market at this time may be surprised to hear that Bitcoin…

2 days ago

Zircuit Launches ZRC Token: Pioneering the Next Era of Decentralized Finance

George Town, Grand Cayman, 22nd November 2024, Chainwire

2 days ago

The surge of Bitcoin NFTs: Everything you should know about Bitcoin ordinals

From digital art to real-estate assets, NFTs have become a significant attraction for investors who…

1 month ago

MEXC Partners with Aptos to Launch Events Featuring a 1.5 Million USDT Prize Pool

Singapore, Singapore, 21st October 2024, Chainwire

1 month ago