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Are Decentralized Social Networks the Future of Social Media?

1 min read

4 years ago Curated by John Wysocki

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Photo Credit: Google Images. Article by Christian Zilles. Social Media Headquarters – March 16, 2023.

In the current version of social media, a handful of powerful Silicon Valley companies largely control what you see, how your data is shared, and how social media content is monetized. This system is very centralized, and has led to several large companies – think Google and Facebook – becoming very powerful and very profitable. In response to this system, decentralized social networks are starting to appear. […]

Click here to view original web page at socialmediahq.com

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Curated by John Wysocki Chief Technical Officer

Tags: Big Tech blockchain complex to use crypto crypto is highly volatile cryptocurrency cryptographic keys decentralized social networks limited functionality new ways to monetize content secure user authentication smart contracts social media Web 3.0

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