{"id":19822,"date":"2024-05-07T07:00:17","date_gmt":"2024-05-07T07:00:17","guid":{"rendered":"https:\/\/coinengineer.io\/?p=19822"},"modified":"2024-05-07T06:36:27","modified_gmt":"2024-05-07T06:36:27","slug":"jack-dorsey-out-at-bluesky-pushes-nostr-for-social-media","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/jack-dorsey-out-at-bluesky-pushes-nostr-for-social-media\/","title":{"rendered":"Jack Dorsey Out at BlueSky, Pushes Nostr for Social Media"},"content":{"rendered":"<p>In an effort to decentralize social media, <a href=\"https:\/\/coinengineer.net\/blog\/block-inc-to-invest-10-of-bitcoin-profits-monthly-says-dorsey\/\">Jack Dorsey<\/a>\u2014former CEO of Twitter, crypto entrepreneur, and chief executive officer of payments business Block (SQ)\u2014has stepped down as a board member at <strong>BlueSky<\/strong>, a social network startup he began supporting in 2019.<\/p>\n<p>Do not rely on businesses <em>&#8220;to grant you rights.&#8221;<\/em> Dorsey urged his followers to utilize &#8220;freedom technology&#8221; like X in a Saturday post on X. His recent activity and 2022 donation of 14 bitcoins (about $245,000 at the time) to <a href=\"https:\/\/nostr.com\">Nostr<\/a>\u2014an open source technology that aims to enable a completely decentralized, censorship-resistant social media experience\u2014led him to say something quite similar.<\/p>\n<p>In the next year, Dorsey gave $10 million to OpenSats, a nonprofit that supports Nostr and other free and open-source bitcoin initiatives.<\/p>\n<p>In response to a question about his continued involvement with <strong>BlueSky<\/strong> after his article, Dorsey simply responded, &#8220;No.&#8221;<\/p>\n<p>In a post on Saturday, the firm expressed their deepest gratitude to Jack for his assistance with funding and launching the <strong>BlueSky<\/strong> project. In Dorsey&#8217;s stead, it is currently seeking a new board member.<\/p>\n<p>With Dorsey as CEO, Twitter began supporting a small group in December 2019 to create an &#8220;open and decentralized standard for social media,&#8221; a path that Twitter would eventually pursue.<\/p>\n<p>There are new technologies that make decentralization more feasible, he stated at the time. Blockchain technology suggests several decentralized approaches to hosting, governance, and even revenue that are both open and long-lasting. There is a lot of ground to cover, but the basics are already in place.<\/p>\n<p>As CEO, software engineer and entrepreneur Jay Graber oversaw the public debut of the social networking service in February.<\/p>\n<p>However, <strong>BlueSky<\/strong> is now superfluous due to Nostr&#8217;s meteoric rise over the previous few years.<\/p>\n<p>There is no Nostr board, Dorsey asserted on Monday morning from that platform.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In an effort to decentralize social media, Jack Dorsey\u2014former CEO of Twitter, crypto entrepreneur, and chief executive officer of payments business Block (SQ)\u2014has stepped down as a board member at BlueSky, a social network startup he began supporting in 2019. Do not rely on businesses &#8220;to grant you rights.&#8221; Dorsey urged his followers to utilize<\/p>\n","protected":false},"author":6,"featured_media":19823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[5907,5906,5908],"class_list":["post-19822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bluesky","tag-jack-dorsey","tag-nostr"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jack Dorsey Out at BlueSky, Pushes Nostr for Social Media - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Jack Dorsey leaves social media startup BlueSky to focus on Nostr, a project aiming for censorship-resistant, decentralized social media..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/jack-dorsey-out-at-bluesky-pushes-nostr-for-social-media\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jack Dorsey Out at BlueSky, Pushes Nostr for Social Media - 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