Social Media Networks are Coming to the Blockchain
Too Long; Didn't Read
Modern social networks have been accused of widespread censorship, arbitrary algorithm changes, privacy violations, intrusive ads, and undue exploitation of creators.
Can blockchain technology correct the ills of centralized social networks? Many people think it can. Blockchain technology may help create decentralized social media networks that are user-controlled, censorship-resistant, and private.
This article explores the problems of centralized social media and the solutions provided by Web3 social networks. It also covers the downsides of decentralized social networks, especially factors that may stunt their growth and adoption.