Jack Dorsey, co-founder and former Chief Executive Officer (CEO) of Twitter will develop the decentralized social network Bluesky, a Public Benefit LLC that is currently in the process of beta testing.
In context, Bluesky was launched by Twitter in 2019 to develop the decentralized concept of social media networks including creating a strong public discourse*.
*methods where people can voice their opinions and concerns about a decision
However, Bluesky will not be controlled by a company even if Dorsey resigns as CEO of Twitter in November 2021 when Tesla founder Elon Musk intends to buy the social media platform.
In fact, Musk fired CEO Parag Agrawel and other senior executives shortly after he took over Twitter.
In the meantime, Bluesky will use the Authenticated Transfer Protocol (AT Protocol) for its platform and provide information related to how it works in the near future.
The next action, he will test the development of the protocol which is one of the complicated processes as it requires coordination from various parties once the network is used.
It is understood that the word Bluesky was the original name of the project before it was formed into the name of its company to function as a leading portal on the AT Protocol.
According to Dorsey, he plans to develop Bluesky into the best social media company by giving full support to Project Zion v2 Web5.
