The launch of Meta‘s Threads, akin to Twitter, caused a significant commotion when it amassed 100 million users within its first week. However, the once seemingly threatening rival to Twitter, now termed ‘X’, has seen a 70% plummet in user activity since its initial success, with average usage time falling from 21 minutes to six.
With Twitter’s unexpected rebranding, interest in the notion of decentralized social media is rekindled. Threads is promising decentralization possibilities, yet critics question its credibility. Currently, Threads accounts creation requires Instagram credentials, implying a cunning tactic to secure user data. Moreover, full anonymity is not an option as accounts have to link Meta accounts bearing legal names and birth dates, a matter of contention especially for Crypto Twitter enthusiasts who prize anonymity.
While some may view this with skepticism, Emily Parker from CoinDesk argues that the majority care more for ease of access rather than privacy and decentralization. Threads offers this simplicity and makes checking out its features an effortless affair. Verified Instagram users find their verification transferred to Threads with the opportunity for a post to be shared as an Instagram story, making one’s content accessible to a broader audience. Are these effortless cross-posting abilities an initial crucial move towards a more accessible Web3?
In reality, the notion of a decentralized future means user-produced content being effortlessly shared across various apps. This idea has support from Web3-focused community-building strategist, Riley Blackwell, who roots for a successful decentralized social network, even though she has other Twitter alternatives in mind besides Threads. Twitter has been an attractive aim for disruption due to its disputable ‘free speech’ guidelines and often faulty features. Threads offered a less inflammatory option, prompting a variety of conversations.
Despite this
Source: Coindesk
