“our lead shares our philosophy that technology should serve the user, not the reverse
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@arkd i’m not sure if i’m more active there -- i post roughly equally across all my platforms because i POSSE most of my posts from my site
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if time-to-enshittification-rate (whatever that term at this point even means) is correlated to funding rate, Bluesky's much lower funding rate compared to Twitter in the same stage of the platform's life, it would suggest that it would take quite a while for bluesky to get enshittified. 15milion usd is a pretty low amount of money, and Im guessing they couldve raised a lot more if they wanted to, considering the MAU graphs they can show
(source: https://bsky.app/profile/ripperoni.com/post/3l7brn5wero2j)
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if time-to-enshittification-rate (whatever that term at this point even means) is correlated to funding rate, Bluesky's much lower funding rate compared to Twitter in the same stage of the platform's life, it would suggest that it would take quite a while for bluesky to get enshittified. 15milion usd is a pretty low amount of money, and Im guessing they couldve raised a lot more if they wanted to, considering the MAU graphs they can show
(source: https://bsky.app/profile/ripperoni.com/post/3l7brn5wero2j)
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(sorry broke the reply chain because I accidentally replied from the wrong account first)
yeah true. My vibe is that Jay has a big network in the crypto world, and is selling atproto as embodying the ideals of the crypto world related to decentralisation and selfownership of digital identity, without the major drawbacks of what she seems to call hyperfinancialisation
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“in conclusion, we truly believe these leopards won’t eat our face.
love, bluesky” -
@laurenshof @molly0xfff Interesting, thank you for the analysis!
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@molly0xfff “and to make sure everyone benefits we’re adding the leopard to our board where they could theoretically vote to change our policy on eating faces”
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@molly0xfff The way they described how really, honestly, truly BS isn't going to be using blockchain makes me think they've already implemented some completely useless crypto feature they'll start unrolling like next week.
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git is blockchain technology, and has been around a lot longer than cryptocurrency.
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@i_understand that requires a pretty unusual definition of "blockchain"
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Why would you say that, git is a blockchain. Blockchain was invented in the 90s. The first using the NYTs as the independent "proof" for partners to validate the integrity of the chain.
https://www.vice.com/en/article/what-was-the-first-blockchain/
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Molly Whitereplied to I understand last edited by [email protected]
@i_understand again, it's an unusual definition of blockchains if git is included. there are shared characteristics, to be sure, but git lacks immutability and decentralized consensus mechanisms
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Git lacks immutability? The hashes for each chain are published and used to ensure history can not be modified as each new transaction is added.
In terms of "decentralized consensus mechanisms", I'm not aware that is a requirement for a blockchain. Certainly consensus is required, but the decentralized bit is a choice. Here is something from finra that I hope helps show I'm not the only one thinking this way, there are other references of course.
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@i_understand the contents of a git commit can't be changed without changing the hash, if that's what you're referring to, but git is absolutely mutable. ask anyone who's accidentally checked in a private key.
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@laurenshof @stefan @molly0xfff yeah, fwiw I think the dollar amount here is probably the least concerning thing. they're easily on track to generate more than enough value to justify that. it's the everything else about vc that is more of an issue.
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@molly0xfff @stefan why would we want some to win over the other? Their premises are different. I think there's room for both.
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@Moke @molly0xfff It's not as much about what we want, though, rather about all these Twitter competitors being able to pay back their investors.
So far, the track record hasn't been so good.
https://techcrunch.com/2024/04/19/post-news-the-a16z-funded-twitter-alternative-is-shutting-down/
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The difference from those to Bluesky, is that Bluesky is not only a social media but a steward for this open protocol called ATProto (as Mastodon is for ActivityPub).
In case Bluesky turns out bad in the future, anyone can host the infrastructure themselves, and people can move their whole existing data to this other provider (obviously this is easier said than done, but it's possible).
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"anyone can host the infrastructure themselves"
Can they though?
There are nearly 30,000 fediverse servers*, each standalone, working independently. You can host one for $5-$10/month **.
* As per https://fedidb.org.
** https://stefanbohacek.com/blog/lessons-learned-from-running-a-single-person-mastodon-instance/#hosting -
@Moke @molly0xfff Compare that to Bluesky, from their own blog:
"The federation architecture allows anyone to host a Relay, though it’s a fairly resource-demanding service. In all likelihood, there may be a few large full-network providers, and then a long tail of partial-network providers."
https://bsky.social/about/blog/5-5-2023-federation-architecture
