What can crypto expect from the new CEO of Twitter?

In fact, as recently as November 2019, Agarwal still finds himself “Corrupt speechDuring a fireside chat with cryptocurrency businessman Joseph Luben on Twitter campus. Just a week later, Agrawal Joined Dorsey on a visit to Nigeria., Where Agarwal met with the local bitcoin community. Chris Morris, CEO of Exchange Yellow Card, who attended the meeting, recalls that Agarwal – like Dorsey – was “extremely curious” about the subject. “Their priority was to listen and learn, rather than to be the center of attention,” Morris recalls.

A few months later, Agarwal was instrumental in advancing the Twitter-funded Bluesky to develop the protocol.Possibly created by a blockchain.To build decentralized social networks, with the goal of replacing proprietary platforms such as Twitter and Facebook. The project initially exited the Matrix, a secure communications platform, from a private server before moving to the Public Discard Channel. Evan Henshaw-Plath, a former lead developer of the podcast publishing platform Odeo, from which Twitter was eventually expelled, and who was also on the Blue Ski server, says Agarwal is not allowed to write actively on the server. But he was still there, “more secretive, more observant, more listening than pushing his agenda harder.”

In Henshaw-Plath’s view, the choice to appoint Agarwal as CEO indicates that Twitter is going to work seriously on decentralization and corruption. “I doubt Twitter will continue to experiment with different blockchain things, even if I don’t know what it will look like,” he says. He described Twitter’s internal politics as a constant tussle between technicians like Dorsey, focusing on a more open, decentralized structure and the monetization of business people. “Parag is definitely one of those people who understands that Twitter is an infrastructure, and that is driven by enabling exciting technology.”

But some in the cryptocurrency do not see Agarwal’s involvement in Bluesky as a seed of merit. Carter says the project has a reputation for being slow. “It’s kind of stagnant,” he says. More generally, she is skeptical about the possibility that a company like Twitter – especially after Dorsey’s departure – could actually decentralize social networks. “I would expect some sort of corrupt social media platform to emerge at some point, but I think it will be externally, not inside an established Silicon Valley company,” Carter said. Carter says.

Mati Greenspan, founder and CEO of cryptocurrency investment consultancy Quantum Economics, has similarly been rejected. “We can either assume that Bluesky is building his protocol very, very quietly, and that this is a huge project – or we can assume that it is like a backburner and not a priority,” he said. They say

Henshaw-Plath says the creation of the Blockchain Protocol should be slowed down for its own good. “It’s a process. It involves a lot of people. Bluesky can be fast. It can have more things involved. But it’s also a mistake to rush,” he says. Agarwal’s own temperament, which he describes as a “thought-provoking consensus builder”, means he will be able to make Twitter a powerful force in developing such technologies.


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