Dev shares how ENS plays a role in decentralized social media

Would You like a feature Interview?

All Interviews are 100% FREE of Charge

Decentralized social media is one of the central topics at KryptoSeoul’s Buildl Asia event held in South Korea, so Cointelegraph will explore Web3 social media, the potential alternative to Web2, ENS and the Metaverse in this new social paradigm. role.

According to Inoue, Web3 is “intrinsically social and decentralized.” The developer emphasized that everything is transparent as it is built on the blockchain. This makes blockchain a “social graph” commonly used to represent the interconnectedness of relationships in online social networks.

“It’s already inherently permissionless and social. That’s where ENS fits in. It’s transparent, but the addresses are human-readable. ‘ he said.

The developer added that ENS comes into play when things need to be “easier to understand.” This leads to the creation of what developers call an “identity trail”. he explained:

“Wherever people start using blockchain, especially if they need to use a wallet address when signing, that will be your identity. It makes history more visible.”

Inoue told Cointelegraph that within the decentralized social media paradigm, no entity can interfere with users. Compared to traditional social media, no organization has the right to stop someone on the platform. He explained:

“When Twitter first came out, there was a vibrant ecosystem for developers to build whatever they wanted. I have the right to stop you.”

On February 2nd, social media giant Twitter announced We will start charging developers to integrate the Twitter API into their projects. June 1st on social forum Reddit started It follows Twitter’s precedent of asking people to pay for what was once free. Inoue says that Web3 is inherently permissionless, so this won’t happen.

Related: Here’s how developers aim to store cryptocurrencies within NFTs

Cointelegraph also asked Inoue about the potential of Web3-based social media to replace the old Web2 social platform. However, the developers shared the belief that Web3 would provide ways to enhance and improve the existing platform rather than completely replace the old system. “Rather than completely replacing needs like Web3, I think Web3 technologies can enhance what already exists in Web1 and Web2,” he explained.

When asked about the Metaverse’s role in decentralized social media, the developer said the artificial intelligence hype has already taken over. he explained:

“AI took over before the Metaverse went mainstream. I’m not sure we’ll continue to have the same story as when Facebook was rebranded to Meta a few years ago.”

In 2021, Facebook will rebrand itself to Meta and take a big step focused on integrating Metaverse-based technology into the social media world. However, Meta recently reported that it suffered a $4 billion loss in its Metaverse division, but offset the losses through its artificial intelligence division.

While much of the conversation about Web3 Social centers around online platforms, Inoue argued that Web3 Social isn’t limited to online. Developers can share their girlfriend ID card and use it to link with other users with the same card. According to the developers, this could be used extensively at events where tapping each other’s cards could save the recording of the meeting on the blockchain.

magazine: Decentralized social media: the next big thing in cryptocurrency?