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 Dev shares how ENS plays a role in decentralized social media

Dev shares how ENS plays a role in decentralized social media


Published: 2023-06-06


1. Centralization vs. Decentralization in Social Media The article delves into the issue of centralization versus decentralization in the context of social media. It discusses the growing dissatisfaction with centralized social networks like Facebook,which have been accused of censorship,biased moderation,and manipulation of content. The article argues that decentralized social media platforms,such as those built on blockchain technology,offer a possible solution to these problems. These platforms are designed to be transparent,open,and democratic,allowing users to have more control over their data and content.

2. Ethereum Name Service (ENS) The Ethereum Name Service (ENS) is a decentralized naming system built on the Ethereum blockchain. It allows users to register domain names that are stored as smart contracts on the blockchain,and can be used to resolve domain names to IP addresses. The article discusses the potential of ENS to revolutionize decentralized social media by providing a more secure and decentralized system for managing user identities and content.

3. Challenges Facing Decentralized Social Media Despite the potential benefits of decentralized social media,there are several challenges that must be overcome. The article identifies several issues,including the difficulty of creating a user-friendly interface,the need for large-scale adoption,and the risk of fragmentation within the decentralized social media ecosystem. The article argues that these challenges must be addressed in order for decentralized social media to become a viable alternative to centralized platforms.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,095.50 1,511,005,676.10
2 BTC title=BTC 63,833.99 1,130,049,235.44
3 ETH title=ETH 3,131.78 612,303,336.98
4 PEPE title=PEPE <0.01 297,825,250.92
5 SOL title=SOL 145.93 282,420,112.92
6 DOGE title=DOGE 0.16 250,047,872.17
7 WIF title=WIF 3.26 152,068,335.55
8 WLD title=WLD 5.81 143,012,212.09
9 NEAR title=NEAR 7.36 113,019,989.78
10 RNDR title=RNDR 9.82 112,775,114.78
11 BOME title=BOME 0.01 102,579,018.69
12 ARKM title=ARKM 2.61 78,647,470.87
13 ETHFI title=ETHFI 4.18 78,124,406.52
14 AR title=AR 39.97 77,165,723.27
15 ENA title=ENA 0.86 76,563,047.34
16 BONK title=BONK <0.01 75,938,650.62
17 FLOKI title=FLOKI <0.01 64,523,244.96
18 XRP title=XRP 0.53 63,811,072.82
19 SUI title=SUI 1.11 61,942,127.19
20 AVAX title=AVAX 37.12 56,370,176.95
21 GLM title=GLM 0.62 48,581,891.85
22 AGIX title=AGIX 0.98 39,151,664.26
23 OP title=OP 2.92 37,340,870.20
24 ORDI title=ORDI 39.80 36,315,910.80
25 USTC title=USTC 0.02 35,188,330.20
26 RUNE title=RUNE 5.19 35,179,775.41

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 TerraClassicUSD title=USTC 0.02 +27.82
2 Arkham title=ARKM 2.61 +15.99
3 Worldcoin title=WLD 5.81 +15.59
4 NFPrompt title=NFP 0.49 +15.09
5 Any Inu title=AI 1.17 +12.84
6 SingularityNET title=AGIX 0.98 +11.66
7 Ethernity Chain title=ERN 4.49 +11.25
8 Vanar Chain title=VANRY 0.20 +11.24
9 Arweave title=AR 39.97 +10.66
10 IQ title=IQ 0.01 +10.58
11 Cortex title=CTXC 0.35 +10.52
12 iExec RLC title=RLC 2.87 +10.46
13 Ocean Protocol title=OCEAN 0.98 +10.39
14 Render title=RNDR 9.82 +10.06
15 Reserve Rights title=RSR <0.01 +9.62
16 Terra title=LUNA 0.65 +9.51
17 Terra Luna Classic title=LUNC <0.01 +9.03
18 Numeraire title=NMR 26.94 +8.94
19 NEAR Protocol title=NEAR 7.36 +8.27
20 Ether.fi title=ETHFI 4.18 +8.19
21 Atlas Aggregator title=ATA 0.20 +8.18
22 Cosmos Hub title=ATOM 9.38 +7.83
23 JasmyCoin title=JASMY 0.02 +7.71
24 Marlin title=POND 0.02 +7.67
25 TrueFi title=TRU 0.12 +7.62
26 Ethena title=ENA 0.86 +7.13
27 SelfKey title=KEY <0.01 +6.95
28 Phala title=PHA 0.20 +6.84
29 Pyth Network title=PYTH 0.56 +6.51
30 NKN title=NKN 0.13 +6.36

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 REZ 0.18 -7.17
2 Komodo title=KMD 0.39 -5.18
3 LeverFi title=LEVER <0.01 -4.83
4 DataBot title=DATA 0.06 -4.29
5 Ontology Gas title=ONG 0.59 -3.12
6 Shentu title=CTK 0.69 -2.96
7 Bonk title=BONK <0.01 -2.65
8 NULS title=NULS 0.64 -2.60
9 SafePal title=SFP 0.79 -2.59
10 AS Roma Fan Token title=ASR 3.56 -2.58
11 Vite title=VITE 0.02 -2.37
12 W 0.67 -2.21
13 Alpine F1 Team Fan Token title=ALPINE 1.87 -2.10
14 Avalanche title=AVAX 37.12 -2.06
15 Clover Finance title=CLV 0.07 -1.95
16 High title=HIGH 4.09 -1.94
17 dogwifhat title=WIF 3.26 -1.77
18 Lazio Fan Token title=LAZIO 2.98 -1.75
19 Coin98 title=C98 0.28 -1.43
20 Stacks title=STX 2.27 -1.31
21 QuarkChain title=QKC 0.01 -1.22
22 Alpaca Finance title=ALPACA 0.18 -1.18
23 WINkLink title=WIN <0.01 -1.13
24 Voxies title=VOXEL 0.24 -1.09
25 OAX title=OAX 0.22 -1.08
26 Amp title=AMP <0.01 -1.08
27 BENQI title=QI 0.02 -1.00
28 Lisk title=LSK 1.89 -1.00
29 MANTRA title=OM 0.77 -0.93
30 Keep3rV1 title=KP3R 73.31 -0.89

Bitcoin's Greed and Fear Index.

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71
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Bitcoin will propel the next leg up if key trading pattern confirms Traders 2024-05-05
2 Bitfinex database breach seems fake says CTO 2024-05-05
3 Sui Network addresses claims about its token supply 2024-05-05
4 Coinbase faces new lawsuit over alleged investor deception 2024-05-05
5 Uniswap CEO weighs In on ethical token distribution 2024-05-05
6 Where to store your crypto Wallets provide diverse options for holders 2024-05-05
7 Warren Buffett compares AI to nukes after seeing deepfake doppelganger 2024-05-05
8 More than half of the Fortune 100 uses Apples Vision Pro headset 2024-05-05
9 Bitcoin will 039propel the next leg up039 if key trading pattern confirms Traders 2024-05-05
10 Grayscales GBTC stops bleeding First net inflows since launch 2024-05-04
11 LayerZero tackles sybil activity with self reporting mechanism 2024-05-04
12 BTC e founder pleads guilty in 9B money laundering conspiracy 2024-05-04
13 What are tokenized commodities 2024-05-04
14 Bitcoin opens 63K futures gap as thin liquidity threatens BTC price 2024-05-04
15 Vodafone looks to integrate crypto wallets with sim cards 2024-05-04
16 Australian court rules against Qoin issuer BPS Financial on 4 charges 2024-05-04
17 SEC delays decision on 7RCCs eco friendly spot Bitcoin ETF 2024-05-04
18 Losses due to crypto hacks fall 67 Bitcoin DeFi interest rises Finance Redefined 2024-05-04
19 Snowden goes after Bitcoin devs Elon Musk and puppy killers in X flurry 2024-05-04
20 Crypto Biz The Bitcoin summer Avalanche integrates with Stripe and more 2024-05-04
21 Coinbase039s Base could make it the NVIDIA of DeFi 2024-05-04
22 Former Cred execs face wire fraud and money laundering charges 2024-05-04
23 Grayscales GBTC stops bleeding First inflow since launch 2024-05-04
24 Biggest Friendtech whale dumps tokens as users struggle to claim airdrop 2024-05-03
25 Bitcoin and Ether options worth 24B set to expire May 3 max BTC pain at 61K 2024-05-03
26 Vested crypto tokens worth over 3B to be unlocked in May 2024-05-03
27 Trader loses 68M in address poisoning scam 2024-05-03
28 USDC overtakes USDT Compliance is key to stablecoin dominance 2024-05-03
29 Bitcoin price springs 5 to 62K as US jobs data boosts rate cut bets 2024-05-03
30 How to determine crypto cost basis for accurate tax filings 2024-05-03
31 Venture capital pours 24B into crypto startups in early 2024 2024-05-03
32 Bitcoin enters 039a new era039 as whales scoop up over 47K BTC during price pullback 2024-05-03
33 CFTC Commissioner wants to create AI Fraud Task Force 2024-05-03
34 Block shares see after hours bump as Q1 results top estimates 2024-05-03
35 Coinbase posts 12B net income in Q1 surpasses entire 2023 earnings 2024-05-03
36 Terraform claims SEC offered no evidence for 47B in disgorgement 2024-05-03
37 Crypto leaders should stop flirting with CBDCs 2024-05-03
38 Hong Kong Bitcoin ETF launch in top 20 STRK scam suspect busted Asia Express 2024-05-03
39 Jack Dorseys Block to use 10 of Bitcoin profit to buy BTC every month 2024-05-03
40 US senators FBI arent opposed to crypto privacy Railgun contributor 2024-05-03
41 Former FTX exec Ryan Salame to give up 59M Bahamas property 2024-05-03
42 BTC price chart seen mirroring US spot Bitcoin ETF launch pattern 2024-05-03
43 Memecoins mass appeal makes it valuable to DEXs Kain Warwick 2024-05-03
44 How to short Bitcoin on Binance and Coinbase 2024-05-02
45 Friendtech v2 airdrop could introduce nontransferable token 2024-05-02
46 Stacks active accounts reach record high amid growing interest in Bitcoin DeFi 2024-05-02
47 MoonPay expands crypto options with PayPal integration 2024-05-02
48 Nasdaq listed mining firm Stronghold Digital Mining for sale 2024-05-02
49 Binance ties SAFU fund to USDC Is the fund missing out on potential gains 2024-05-02
50 Bitcoin price correction very common if 56K lows hold Peter Brandt 2024-05-02

US news that has a significant impact on the market

at news day date time
1 FOMC Member Barkin Speaks Monday 06-05-2024 17:50
2 FOMC Member Williams Speaks Monday 06-05-2024 18:00
3 Loan Officer Survey Monday 06-05-2024 19:03
4 RCM/TIPP Economic Optimism Tuesday 07-05-2024 15:03
5 Consumer Credit m/m Tuesday 07-05-2024 20:00
6 Final Wholesale Inventories m/m Wednesday 08-05-2024 15:00
7 Crude Oil Inventories Wednesday 08-05-2024 15:30
8 FOMC Member Jefferson Speaks Wednesday 08-05-2024 16:00
9 10-y Bond Auction Wednesday 08-05-2024 18:01
10 FOMC Member Cook Speaks Wednesday 08-05-2024 18:30
11 Unemployment Claims Thursday 09-05-2024 13:30
12 Mortgage Delinquencies Thursday 09-05-2024 15:00
13 Natural Gas Storage Thursday 09-05-2024 15:30
14 30-y Bond Auction Thursday 09-05-2024 18:01
15 FOMC Member Bowman Speaks Friday 10-05-2024 14:00
16 Prelim UoM Consumer Sentiment Friday 10-05-2024 15:00
17 Prelim UoM Inflation Expectations Friday 10-05-2024 15:00
18 FOMC Member Barr Speaks Friday 10-05-2024 18:30
19 Federal Budget Balance Friday 10-05-2024 19:00

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