Coinbase-Backed DeSo Disrupts Telegram, WhatsApp, and Sign – Blockchain Information, Opinion, TV and Jobs
DeSo, a brand new layer-1 blockchain constructed from the bottom as much as decentralize social media, simply launched decentralized on-chain end-to-end encrypted group chats, a first-of-its-kind innovation. On-chain messages are proof against censorship and can be utilized pseudonymously with out supplying private data, identical to Bitcoin or Ethereum.
DeSo is the one blockchain that helps seamless end-to-end encrypted on-chain messaging at the moment, and the extension to group chats is a first-of-its-kind breakthrough. The platform not too long ago raised $200 million from Coinbase, Sequoia, and Andreessen Horowitz. $DESO, the native foreign money of the DeSo blockchain and is listed on Coinbase.
In the meanwhile, Sign is the preferred personal messaging app, and but customers can’t use it with out coming into a personally-identifying piece of knowledge: their cellphone quantity. This makes it in order that anybody with entry to Sign’s database will get full details about who the consumer messaging and when. Moreover, as a result of Sign is a centralized service, it has been blocked in main international locations like China.
Think about if making a Bitcoin pockets required customers to surrender their cellphone numbers. Why can’t customers have the identical stage of privateness and censorship resistance that they’ve with Bitcoin however utilized to their communications?
Immediately, the DeSo blockchain brings Bitcoin’s pseudonymity and censorship resistance to messaging with the launch of decentralized end-to-end encrypted on-chain direct messages and group chats.
Because of a recent integration with MetaMask, customers of DeSo apps like Diamond can join with out coming into any private data. Moreover, as a result of DeSo is a decentralized layer-1 blockchain, all messages are censorship resistant, that means that nothing can cease the customers recipient from getting their message, even when they’re in a rustic with restricted free speech.
“DeSo is the one blockchain that would help one thing like this at the moment,” says Nader Al-Naji, the creator of DeSo. “It prices about $75 to retailer a 200-character message on Ethereum, and about fifteen cents to retailer it on Solana, Avalanche, or Polygon. In distinction, DeSo is one ten-thousandth of a cent, making it the primary blockchain able to disrupting storage-heavy functions like iMessage, WhatsApp, and Sign,” Al-Naji provides.
That is the newest in a latest string of successes for DeSo. The platform listed on Coinbase earlier this yr introduced a groundbreaking MetaMask integration final week that prompted a major value surge. Many new social apps like Diamond, a web3 social community constructed on DeSo, have launched and are rising quickly with a latest surge in consumer numbers. Just lately, the platform introduced a USDC integration that has attracted many new builders to the ecosystem.
With the launch of decentralized messaging, DeSo’s true disruptive energy turns into obvious. It’s a platform that may not solely disrupt social media however a platform that may guarantee open communication and free speech for all residents of the world.