SAN FRANCISCO — Jack Dorsey, Twitter ’s chief executive, wrestled this month with the question of whether his social media service had exercised too much power by cutting off Donald Trump ’s account. It’s similar to the way that Wikipedia is edited by anyone who wants to help, rather than a single publishing house. Dozens of startups now offer alternatives to Facebook, Twitter, YouTube and Amazon’s web hosting services, all on top of decentralized networks and shared ledgers. But as its price rose over time, more people in Silicon Valley took notice of the unusual technical qualities underlying the cryptocurrency. Many people have recently migrated to the encrypted messaging apps Signal and Telegram, which have no need for a blockchain.

Source: Economic Times January 27, 2021 07:36 UTC