Social Media Networks are Coming to the Blockchain | HackerNoon

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Social Media Networks are Coming to the Blockchain | HackerNoon
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'Social Media Networks are Coming to the Blockchain' socialmedia decentralizedinternet

Influencers and content creators could further maximize earnings by creating subscription-based content. Using built-in micropayment systems like, content creators would be able to create steady streams of income instead of relying on platform owners for earnings.

Decentralized social networks spread the hosting of user data across multiple nodes instead of storing them on a central server. This makes it harder for anyone to aggregate and sell your data, while protecting it from hackers.Decentralized social networks get a lot of hype, but they are not without downsides. As we have seen, the very features that make blockchain technology ideal can also create problems.

The immutable nature of blockchains would erase the ability to control your online activity. Today, you can delete a tweet, edit a Reddit post, or trash old Facebook pictures that may harm your reputation.on the blockchain. There's no deleting tweets or archiving old LinkedIn posts that you'd rather not have a future employer see.However, the biggest problem with decentralized social media networks has to do with the technology itself.

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