The founder and former CEO of Twitter, Jack Dorsey, has developed a brand-new social network named “Bluesky.” This comes just one week after Elon Musk, the United States’ richest billionaire, paid $44 billion for Twitter.
The business announced in February that it will implement this plan as a stand-alone organization by forming Bluesky PBLLC, a Public Benefit LLC.
And in a recent interview, Jack Dorsey stated that;
It requires coordination from many parties once a network is deployed, so we’re going to start in private beta to iron out issues.
30,000 people have already signed up for Bluesky, the decentralized social network project supported by Twitter founder Jack Dorsey, and that number only includes people who want to be added to the waitlist.
Where it Began: From Twitter to Bluesky
Initially, Bluesky was created by Twitter in 2019 to assist in the development of a related decentralized concept for the leading social media network. The main objective of Bluesky is to establish a solid and open standard for public discourse. Bluesky isn’t currently controlled by any one company, though.
Furthermore, Dorsey left his position as CEO of Twitter in November 2021, and in the months that followed, Musk proposed a takeover offer for the social network. Elon Musk took over Twitter on 27th October 2022, after a protracted struggle, and he quickly fired Parag Agrawal, its CEO, and two other senior executives.
However, Bluesky would make use of the federated social network known as the Authenticated Transfer Protocol (AT Protocol). There are several sites that oversee the AT protocol, not just one. As it does beta tests, Bluesky will also improve the protocol’s specifications and divulge information about how it works. In addition, Jack Dorsey lends his support to the Web5-based Zion v2 Project.
