Bitcoin Bull Jack Dorsey Nudges Twitter Team To Explore Decentralized Protocols

2023-7-2 14:27

Jack Dorsey, Twitter co-founder, former CEO, and an ardent Bitcoin supporter, has reacted to the newly-imposed Twitter restrictions on how many tweets a user can view per day.

In the late hours yesterday, July 1, American billionaire and chairman of Twitter, Elon Musk, announced that Twitter would be temporarily limiting the number of posts a user can view daily in an attempt to “address extreme levels of data scraping & system manipulation.”

Musk, who acquired Twitter for $44 billion in October 2022, stated that verified accounts are now restricted to reading 6,000 posts per day, with the daily limit set at 600 posts for unverified accounts and 300 posts for new unverified handles.

However, the view limits have been raised twice since then, with verified accounts now allowed to view 10,000 tweets daily, while unverified and new unverified accounts can read 1,000 and 500 posts per day, respectively. 

Jack Dorsey Advises Twitter Team To Test Decentralized Protocols

As expected, these new view limits have drawn many reactions from Twitter’s numerous users, most notably from the company co-founder Jack Dorsey.

Dorsey expressed that he understood that managing Twitter was no easy task, stating the current team was only “doing their best.”

“Running Twitter is hard. I don’t wish that stress upon anyone. I trust that the team is doing their best under the constraints they have, which are immense. It’s easy to critique the decisions from afar…which l’m guilty of…but I know the goal is to see Twitter thrive. It will.” He tweeted 

In a follow-up tweet, Dorsey went further, nudging the Twitter management to attempt building on decentralized protocols describing this technology as vital to a free internet space. 

He tweeted: 

“And I do hope they consider building on truly censorship-resistant open protocols like bitcoin and nostr to help ease that burden. Good for all, and critical to preserve the open internet.”

Jack Dorsey is a known crypto and web3 advocate. Following the acquisition of Twitter by Musk, Dorsey invested 14 bitcoin (valued at $245,000 at the time) to fund the development of Nostr, which functions as a decentralized social network.

Nostr functions similarly to Twitter and is supported by Bitcoin maximalists, although it is not built on the Bitcoin blockchain. In addition to its social networking role, Nostr is also designed to process payments on Bitcoin’s Lightning Network. 

How Could Twitter New Restrictions Affect The Crypto Space?

The Bluebird app is a vital social media tool for engagement in the crypto space, as it allows for ICO announcements, bounty campaign promotions, and general project news. 

Although this change is temporary, one could only wonder about the ripple effects of the new Twitter views limit on its vibrant community. For now, these effects appear to be minimal, with the total crypto market cap rising by 0.4% in the last 24 hours, according to data by Coingecko.

Bitcoin, the premier cryptocurrency, is trading at $30,534 with a 0.3% gain in the last day. The token’s daily trading volume is valued at $5.91 billion, while its market cap stands at an impressive $592.76 billion. 

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

BlackJack (JACK) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 JACK

twitter bitcoin jack dorsey yesterday july american

twitter bitcoin → Результатов: 126


Фото:

Jack Dorsey Outlines How Twitter Could Integrate Bitcoin Into Its Features And Services

Jack Dorsey, who’s at the helm of both Twitter and Square, has been a consistent ally to the world’s oldest cryptocurrency. Now, the tech entrepreneur has discussed big plans to integrate bitcoin, an asset he believes will become the native currency of the internet, into various Twitter products and services. Bitcoin Is A “Big Part” […]

2021-7-23 17:40


Фото:

Количество упоминаний о Bitcoin SV в Twitter упало на 87% с майских максимумов

Специалисты платформы The TIE рассказали, что популярность Bitcoin SV в Twitter снизилась примерно на 87 процентов, обновив майский минимум. Тенденция может говорить о падении интереса пользователей к большей части альткоинов и популяризации биткоина.

2019-10-9 11:46


Почти 40% твитов о биткоине опубликовали пользователи из США

Биткоин и анонсированная Facebook монета Libra наиболее популярны среди пользователей Twitter из США. Об этом свидетельствуют данные исследования криптовалютной платформы The TIE. 1/ A Geographic Breakdown of Crypto Twitter🌎🌍🌏 Overall 38.

2019-7-5 15:03


How to Explain Bitcoin Completely in Just a Single Twitter Post? Best Tweets So Far

The cryptocurrency community on Twitter is usually pretty vocal about any opinion that they have, but Jameson Lopp has issued a challenge. According to The Next Web’s Hard Fork, the cypherpunk decided to challenge the community with a task – explain Bitcoin with the 280 characters that Twitter allots to users. Explain Bitcoin as completely […]

2019-6-4 00:30


What’s The Impact Of 4 Million Twitter Followers Being Exposed To CEO Purchasing Bitcoin Weekly

CEO Of Twitter Discloses His Trezor Hardware Purchase Powered By Bitcoin Jack Dorsey, Chief Executive Officer of social media giant – Twitter – and also of Square, a mobile payments company, has recently announced on Twitter that he has purchased a Trezor hardware wallet using Bitcoin (BTC) through the Square Cash app. Based on the […]

2019-3-10 16:15


Фото:

How Twitter’s Jack Dorsey became Bitcoin’s unlikely champion

Blockchain has a new unexpected hero: Twitter’s Jack Dorsey. Although up until recently the cryptocurrency community would routinely grill Dorsey over Twitter’s notorious Bitcoin giveaway scam epidemic, the micro-blogging service’s chief has found a new fandom among staunch Bitcoin supporters; and it all began on the Joe Rogan’s podcast, The Joe Rogan Experience.

2019-2-12 20:08


Twitter CEO Loves Lightning on Bitcoin: is it the Future of Fast, Instant Payments?

On Tuesday, Jack Dorsey, one of the most well-known characters in Silicon Valley, just exposed his four million followers to Bitcoin (BTC) in a surprising turn of events. To the surprise of many, Dorsey, the incumbent chief executive of both Twitter and crypto-friendly Square, two technology upstarts valued at $54 billion collectively, publicly accepted a.

2019-2-6 16:02


Twitter says the Bitcoin scam wave came from third-party app

Twitter has confirmed the series of cryptocurrency-related hackings on its platform originated from a third-party software provider – and not its own system. In an email to Hard Fork, a Twitter spokesperson confirmed attackers exploited a third-party marketing solution to blast fake Bitcoin giveaway links from a slew of verified accounts, including Google and Target.

2018-11-16 19:44


Jack Dorsey’s Payments Startup Square Open-Sources Bitcoin Cold Storage Solution

San Francisco-based mobile payments firm Square announced it is open-sourcing its Bitcoin cold storage solution, which is now available on Github. Mobile Payments Startup Square Open-Sources Hardware Security Modules (HSMs) and Wallet Auditing Tool The company founded by Jack Dorsey, who is also CEO of Twitter, has built out its cryptocurrency infrastructure when it started.

2018-10-23 23:00


Фото:

‘OMG Hacked!’ Twitter Blocks Elon Musk After Bitcoin Tweet

Elon Musk suffered a temporary ban of his Twitter account after advising people to buy Bitcoin, he revealed October 22. Musk: Twitter ‘Thought I Got Hacked’ In a move which focused attention on the social media platform’s controversial cryptocurrency policy, Twitter cut off access to Musk’s account after he sent a tweet as part of a debate on a separate topic.

2018-10-23 13:00


Платежная система Neteller добавила возможность покупки и продажи криптовалют

Международная платежная система Neteller объявила, что теперь ее пользователям доступна возможность моментальной покупки и продажи криптовалют. We’re pleased to announce you’re now able to buy and sell cryptocurrencies with NETELLER – including #Bitcoin, #BitcoinCash, #Ethereum and #Litecoin.

2018-10-21 10:48


Фото:

Средний объем торгов bitcoin-фьючерсами на бирже CME вырос на 41% за третий квартал

Средний ежедневный объем торгов bitcoin-фьючерсами на Чикагской товарной бирже (CME Group) вырос на 41% в третьем квартале 2018 года. Об этом говорится в официальном аккаунте CME в Twitter. In Q3, Bitcoin futures average daily volume rose 41% and open interest was up 19% over Q2 .

2018-10-19 22:15