Meta, the parent company of Facebook, is reportedly working on a decentralized alternative to Twitter.  The new app, currently named ‘P92’, will reportedly be focused on short, text-based updates.

According to recent reports, Meta has been working on the project for some time and is aiming to create a more open, decentralized social media platform that is not controlled by a single company or government.

Meta confirmed this project via the ‘Platformer’:

“We’re exploring a standalone decentralized social network for sharing text updates. We believe there’s an opportunity for a separate space where creators and public figures can share timely updates about their interests.”

The new platform is said to be based on blockchain technology, which will make it more secure and resistant to censorship. This is in line with the growing trend towards decentralized technologies and the desire for more control over our online data.

In case you’re not familiar, decentralized social media platforms work by eliminating the need for a central server to manage the content. Instead, users connect to each other directly, creating a network of distributed servers. This approach offers greater privacy, transparency, and control to users.

But why is Meta pursuing this venture? Well, it’s no secret that traditional social media platforms have been criticized for their handling of user data and content moderation. By creating a decentralized platform, Meta aims to give users more control over their data and content, while also mitigating concerns about censorship and bias.

Of course, developing a decentralized social media platform is no easy feat. It requires significant technical expertise, and Meta is currently recruiting for positions in blockchain engineering and decentralized systems development.

Meta’s decision to develop a decentralized Twitter alternative is a welcome development for those who value free speech and open communication online. While the project is still in its early stages, it has the potential to disrupt the social media landscape and provide a more democratic and decentralized alternative to Twitter. So stay tuned!