The Rise of Decentralized Social Networks

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Decentralized social networks are gaining popularity with the rise of cryptocurrencies and NFTs. They are not new; they are just unpopular. Some of them have been around for more than a decade, such as the Diaspora, which began in 2010. In comparison, Facebook debuted in 2006, just four years before Diaspora. The idea is to go back to the good old days of the Internet in the early 90's, commonly known as Web 1.0 (as you know, we are living in Web 2.0 at this time). Users can publish content directly to user-friendly decentralized sites, bypassing corporate intermediaries and intended approaches. Anyone can create and run their own version of the ideal on one platform. This is what decentralized social networks do with the concept of "free will." There is no central authority (person, server, or company) that dictates the rules.
The best thing is that they give creators the opportunity to monetize their work and earn tokens that are valued at significant crypto currencies. Decentralized platforms connect content creators and audiences by utilizing Web3 technology such as blockchain, crypto wallets, and crypto payments. Let's explore how decentralization and social media interact to the advantage of businesses and content producers. Some of the difficult problems, such as spam detection, are only ad-related. You don't have to deal with these if you are using a decentralized social network.

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