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YouTube, Tron and the Dream of Decentralization
After YouTube (temporarily) removes crypto content and DLive moves to Tron, many are asking: Are decentralized social media alternatives possible?
The past few weeks have seen multiple instances of large, centralized tech giants censoring crypto-related content and activity. Noticed in the context of the Coinbase Wallet, Apple is pushing back against anything having to do with decentralized applications (dapps).
STORY CONTINUES BELOW
YouTube caused even more of a stir when it took down hundreds of crypto-related videos from prominent influencers without any warning. It later reversed the action, claiming an error, but it was enough to get many to ask: Are decentralized alternatives possible?
As if on cue, Justin Sun popped up to announce that Tron had struck a deal through which decentralized Twitch competitor and streaming service DLive would be moving to the Tron Blockchain and integrating with BitTorrent’s BLive streaming service. For many, however, Tron’s involvement makes DLive more likely to end up a centralized tool than a disruptive decentralized social network alternative.
Show notes and links for Jan. 3, 2020:
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
