Key Takeaways:
Decentralized social media are blockchain-based platforms for social interaction, content creation, and distribution.
Decentralized social platforms run on independently governed servers rather than centralized servers regulated by corporations and government agencies.
The decentralized structure advocates for freedom of expression and thwarts censorship.
Decentralized social media platforms are more secure and preserve users' privacy since they are built on blockchain technology.
Social media plays a significant role in our daily communications and interactions, especially in the digital age. According to Smart Insights, over 50% of the world's population has access to social media. But the centralized control of social networks has caused numerous problems, such as data breaches, server outages, de-platforming, censorship, and privacy violations.
Imagine a world where you can share your thoughts and ideas without the fear of censorship or having your content taken down. A world where your data is not collected and sold to advertisers but instead kept private and secure. This is the promise of decentralized social media.