Charles Hoskinson Addresses The Decentralization Of Social Media

Charles Hoskinson is addressing the decentralization of social media. Check out the post that the Cardano Foundation shared on their social media account.

Someone said: “I cannot believe that we are living in an age where information like this is available free on youtube. Do people realize how valuable this channel is? There are only currently 2747 views on this video; I am shocked!”

A commenter posted this: “It’s not free, YouTube is selling a product (you) to advertisers. In a decentralized version, you could sell your own data (or advert attention) to advertisers and make money yourself without a middle-man (YouTube). Remember, when something is free, you are the product.”

Another follower said: “Yes, you’re technically correct, but that wasn’t the point. The point he is making is that Information like this in the past was generally not disseminated outside of lectures or halls where you are paying admissions or tuitions, or even at all publicly. It merely lacks the depth to say “well actually” when someone is blatantly expressing appreciation for a privilege they have merely being alive in the now.”

Cardano in the news

Cardano has become the fourth-largest crypto coin on the market, reaching its highest value on cryptocurrency ranking platform CoinMarketCap.

The digital asset has now surpassed Ripple-related XRP crypto coin for the first time. The token’s market capitalization has risen to $21.7 billion.

On February 3rd, the team behind the Cardano project successfully launched the ‘Mary’ hard fork that has changed it into a multi-asset network and propelled the blockchain one step closer to transitioning to the Goguen era.

Stay tuned for more news.

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.
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