Cardano's founder supports Twitter's ambition for decentralized social media

Jack Dorsey, the founder and CEO of Twitter, revealed that the company will be spearheading an effort to create an open standard for decentralized social media.

The company has created Blue Sky, a small independent team, to build the standard that will ultimately host Twitter, Dorsey said.

Jack Dorsey, the founder and CEO of Twitter, announced that the company will be spearheading an effort to create an open and decentralized standard for social media.

"For social media, we'd like this team to either find an existing decentralized standard they can help move forward, or failing that, create one from scratch."

Blue Sky won't only be tasked with developing a decentralized protocol-Dorsey said that Twitter wants an inclusive and open community to surround the project and push organizations, researchers, companies, and leaders to "Think deep."

Apart from Parag Agrawal, Twitter's chief technical officer, who will be tasked with finding a lead for the project, nobody has been hired to work on Blue Sky yet.

According to Agrawal, the ideal candidate for Blue Sky's lead is an experienced, hands-on blockchain veteran with a knack for social media.

Despite these hurdles, we believe that there is the potential for massive positive impact for Twitter and for society.

Enforcing Twitter's abuse and misleading information policy through a decentralized protocol will be the team's main goal.

Twitter's timing couldn't have been better.