Frank McCourt, the former owner of the Los Angeles Dodgers, is trying to rebuild social media through an initiative called Project Liberty. Amidst a social media environment that is dominated by a few—very powerful—players like Facebook, McCourt is concerned about the disproportionate power those companies wield.
“We live under constant surveillance, and what’s happening with this massive accumulation of wealth and power in the hands of a few, that’s incredibly destabilizing,” McCourt said. He added that this even threatens capitalism itself because capitalism “needs to have some form of fairness in it in order to survive.”
What is Project Liberty?
Project Liberty would rely on blockchain technology to construct what is called the “Decentralized Social Networking Protocol,” or the DSNP.
In a decentralized social media environment such as this, no single company would have exclusive access to a person’s data. Instead, that data would exist on a publicly acc
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