Advertisement
AD

Main navigation

Silk Road Founder Ross Ulbricht Proposes Revolutionary Decentralized Media Protocol

Advertisement
Fri, 12/03/2021 - 11:06
Silk Road Founder Ross Ulbricht Proposes Revolutionary Decentralized Media Protocol
Cover image via freeross.org
Read U.TODAY on
Google News
Contents
Advertisement

Ross William Ulbricht, an American software engineer sentenced to a double life sentence for allegedly operating the pioneering darknet marketplace, Silk Road, in 2011-2013, is an iconic figure for early Bitcoiners. Despite being out of the internet for eight years, he is still interested in decentralization ideas and practices. His revolutionary concept of decentralized social media appeared on Medium today.

Introducing decentralized social protocol (DSP)

Mr. Ulbricht stresses that the essence of decentralization in social media is the fact that users need to retain control over their data during the entire process of interacting with the platform. Meanwhile, in the pursuit of profit, tech giants created platform-centric systems.

Ross Ulbricht proposes a concept of decentralized media
Image via Medium

As a result, users are just "feeding" the tech giants both their content and the clicks necessary to garner advertisers' money. Platforms have ossified this modus operandi by virtue of their control under content servers and mechanisms of content distribution.

To reconsider the existing order, new-gen social media systems should become user-centric. Thus, the new componentsinterface providersshould be introduced while users pay for access to content and get paid for their clicks.

User-centric model, core element of Ulbricht DSP
Image via Medium

While the user-centric model of "fair" content distribution is not at all new for decentralized media services, Mr. Ulbricht shares a number of suggestions on what this platform would need to work reliably in practice.

How DSP work would in practice

First, the platform should be agnostic in terms of content type: videos, text messages, and photos should be supported equally. Then, access to the content should be encrypted; the asymmetric cipher is a better type of protection.

Unlike the majority of existing platforms, Ulbricht's DSP pays attention to the context of messages. This option should be adjustable, he supposes:

So, for example, if someone 'likes' your content on a Twitter-style website and someone else 'likes' it on a Facebook-style site, everyone viewing your content, regardless of which site they are using, will see two likes.

The user profiles (accounts) can be managed with keypairs like cryptocurrency wallets. Also, digital currency can be the technical environment for fees on DSP-like platforms.

Related
Silk Road Founder Ross Ulbricht Should Get Pardoned, Says Prominent Conservative Commentator

It should be noted that Ross Ulbricht is now behind bars in United States Penitentiary Tucson in Arizona. In 2020, his family asked then-U.S. President Trump to pardon him, but they were denied. 

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles