DeSo Blockchain Crosses 2 Million Accounts Amidst Twitter 400 Million Account Data Breach

This year has been an eventful one for Twitter and CEO Elon Musk, to say the least. The latest headlines involves a hacker claiming that over 400 million Twitter accounts have been affected by a data breach. The hacker claims personal information from these accounts have been exposed including: names, email addresses, phone numbers, and usernames and is now for sale on the dark web. It remains to be seen  how this will play out. This alleged breach just goes on to underscore the problems with web2 centralized social media platforms and the need for the more secure web3 reliable network that decentralized social provides.

DeSo Blockchain Flourishes

The DeSo Blockchain, a custom-built layer-1 designed for the scalability of decentralized social applications for millions of users, recently crossed 2 million accounts and 130,000 monthly active users according to OpenProsper.

So, while Twitter continues to experience woes, DeSo is rapidly becoming the only go-to decentralized social media platform that is truly empowering creators. With DeSo, you can enjoy all the benefits that come with using a modern social media platform, without any of the hassles.

Even Messari founder and CEO Ryan Selkis called Decentralized Social his “top investment theme for 2023.”

One of the most popular apps on DeSo is Diamond, a blockchain-based, censorship-resistant alternative to Twitter. The app caters to founders, builders, creators, and casual social media users. Additionally, it has a built-in blogging feature, and a broader range of money-native features that allow creators to optimize for revenue as soon as they start posting content. One way is by means of micro-tipping which allows creators to build and scale their audience little by little.

What is Micro-tipping?

Micro-tipping is a way to show your appreciation for online content made by content creators. Micro-tipping is the act of giving small amounts of money in exchange for content. It’s a way for people to say thank you for things that they enjoy and the people they want to support. On DeSo, this is done by giving diamonds, which correspond to monetary denominations, that range from $0.01 to $36.

Micro-tipping amounts on DeSo
Micro-tipping amounts on DeSo

Most did not believe a blockchain-based version of Twitter was possible due to limited storage capabilities and the cost of transactions.

“Existing blockchains cannot store content efficiently,” says Nader Al-Naji, the founder of DeSo. “It costs about $50 to store a 200-character Tweet on Ethereum and about fifteen cents to store it on Solana, Avalanche, or Polygon. In contrast, DeSo is one ten-thousandth of a cent, making it the first blockchain capable of disrupting storage-heavy applications like social, blogging, and even marketplaces,” he says.

If you're looking for a secure place to post your content, connect with like-minded creators, own your entire social graph, and start earning money from day one, then look no further than DeSo.

Users can learn more about DeSo and claim their decentralized, censorship-resistant profile at deso.com.

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