Polkadot and Project Liberty aim to decentralize social media and return control to its users.
Project Liberty is an initiative of decentralized social network, backed by billionaire and former LA Dodgers owner Frank McCourt, aims to change the way current social media works by decentralizing it, giving control back to users.
McCourt's initiative has found its space in Polkadot, the parallel blockchain ecosystem created by Gavin Wood, one of the founders of Ethereum. The billionaire allocated more than 100 million dollars last year to the project, with the aim of reforming the current structure of social networks.
What is Project Liberty?
Project Liberty is a decentralized, open-source social network that will be publicly owned. The project, which seeks to have other applications beyond social networks, is named after Decentralized Social Networking Protocol (DSNP)The initiative aims to harness the power of blockchain to democratize social media data and create a high-performance, low-cost environment.
The goal of Project Liberty is to solve the main problems of social networks, such as Managing the privacy of user data, the manipulation of information or even censorship of certain opinions.
[hubspot type=cta portal=20298209 id=706f642a-bf43-4b7f-8a45-724decda5bcc]
The Project Liberty team has been working on DSNP for many years. However, until now, they were faced with the problem that a commercial implementation (a server) is needed for it to work properly. Now, with the tecnología blockchain, the team has the necessary public and open infrastructure.
A space for Project Liberty on Polkadot
Braxton Woodham, creator of DSNP, commented: “We started last year and thoroughly examined over 30 different projects, ultimately concluding that Polkadot has characteristics that make it uniquely suited to social media. We are working with the Polkadot team to design the scale, latency, and low-cost volatility for messaging that is essential for social media. This is not seen on other chains.”
Polkadot has a limited space (slots) for its parallel chains, which is why they are highly coveted by developers. Project Liberty hopes to find a place in the slots destined for “common good” projects, although it is the community that must decide which project each parachain is destined for.
Peter Mauric, head of public affairs at Parity Technologies, hopes that the community vote for Project Liberty. It also notes that the creation of its own token is being planned.
“The token is important because messaging is a resource and a token will be used to manage stable bandwidth resources for messaging and social media that is scalable,” Mauric said. “We think that will be unique in the blockchain space.”
[hubspot type=cta portal=20298209 id=38fb28e1-1dc1-40e3-9098-5704ca7fcb07]
