Dev shares how ENS plays a role in decentralized social media
As decentralized social media becomes one of the main topics at the Buidl Asia occasion held in South Korea, Cointelegraph spoke to Ethereum Name Service (ENS) developer Makoto Inoue onlineto discover more about Web3 social media, its prospective to change Web2 and the roles of ENS and the metaverse in this new social media paradigm. According to Inoue, Web3 is “inherently social and dispersed.” The developer highlighted that given that its constructed on top of the blockchain, everything is transparent. This makes the blockchain a “social graph,” a chart frequently utilized to represent the interconnectedness of relationships in an online social media network. “Its currently naturally permissionless and social. Thats where ENS fits into. Its transparent but the addresses are human-readable. And by having the ENS name associated, it unexpectedly becomes a social chart,” he stated. ENS designer Makoto Inoue dives deep into Web3 social networks. Source: CointelegraphThe designer included that when theres a need to make things “much easier to comprehend,” ENS is available in. This causes the production of what the designer refers to as an “identity path.” He explained: “Wherever people start utilizing blockchain and if you have to utilize your kinda wallet address, particularly in finalizing, its your type of identity. Its your identity trail. And we are making kind of this history of identity more noticeable.”Apart front these, the designer told Cointelegraph that within the paradigm of decentralized social media, there are no entities that might stand in the way of its users. Compared to standard social networks, there is no entity that deserves to stop anybody within their platform. He discussed that: “When Twitter initially came out, theres a dynamic environment of designers constructing whatever they desire. Once they figure out thats in fact taking the revenue of Twitter, they have the right to stop it.” On Feb. 2, social media giant Twitter announced that they will start charging developers who use the Twitter API and integrate it within their jobs. On June 1, social online forum Reddit started to follow Twitters lead in requesting payment for what was when complimentary. According to Inoue, this will not take place in Web3 since its inherently permissionless.Related: Heres how developers aim to keep crypto inside NFTsCointelegraph also asked Inoue about the capacity of Web3-based social media to replace old Web2 social platforms. However, rather of fully replacing the old systems, the developer shared his belief that Web3 uses a method to boost and enhance them rather. “I would say Web3 technology can enhance what is already there on the Web1 and Web2 rather than Web3 sort of needs to change it totally,” he described. When inquired about the role of Metaverse in decentralized social media, the designer shared that the synthetic intelligence buzz has actually currently taken control of. He described: “Before the Metaverse went mainstream, AI took over. When Facebook was rebranded to Meta, I do not know if were ever going to have the very same story as we had a couple of years ago.”In 2021, Facebook rebranded into Meta, taking a big action in focusing on incorporating metaverse-based technologies into the world of social media. Meta just recently reported that it suffered a $4 billion loss in its metaverse system, but was able to offset the losses through its artificial intelligence system. While a lot of the discussions in Web3 socials hovered around platforms that are online. Inoue argued that Web3 socials are not limited to the metaverse and online platforms. The developer shared his recognition card which can be utilized to relate to others with the exact same card. According to the designer, this can be widely used in events where you can tap each others cards to have a record of the conference saved in the blockchainMagazine: Decentralized social media: The next big thing in crypto?
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ENS designer Makoto Inoue dives deep into Web3 social media. On Feb. 2, social media giant Twitter revealed that they will begin charging designers who use the Twitter API and incorporate it within their projects. According to Inoue, this will not take place in Web3 considering that its inherently permissionless.Related: Heres how developers intend to keep crypto inside NFTsCointelegraph likewise asked Inoue about the capacity of Web3-based social media to change old Web2 social platforms. When asked about the role of Metaverse in decentralized social media, the designer shared that the artificial intelligence hype has already taken over. According to the designer, this can be extensively utilized in events where you can tap each others cards to have a record of the meeting conserved in the blockchainMagazine: Decentralized social media: The next big thing in crypto?