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Lakewood, United States, 25th April, 2022, Chainwire
The decentralized social media landscape is changing rapidly as Elon Musk closes in on his bid to buy Twitter. More and more people are looking for a change as they are tired of 5 companies owning the world's information.
These big tech incumbents dictate what content we consume, whether we like it or not. While several other blockchains clamor to provide a solution, DeSo already has a growing ecosystem of 200+ social media applications.
“To power a financial application, all you need to really store is a few account balances for each user. In contrast, to power a social application, you not only need to store every post, like, follow, and much more, but you also need to index that data so that you can answer queries like "who is this person following" or "what are this person's recent posts?" This is something that blockchains have historically been incapable of at scale.” Founder Nader Al-Naji said.
DeSo is set to push their much anticipated Hypersync upgrade live that is orders of magnitude faster than traditional block synchronization.
Hypersync is a fast and scalable way to download a blockchain. Traditional blockchains aren’t designed for decentralized social media apps because they’re too expensive.
DeSo engineer Piotr Nojszewski explains “Hypersync is a new approach to node synchronization designed for infinite-state blockchains that are orders of magnitude faster than traditional block synchronization.” For example, storing just a 200-character “Tweet” on Ethereum costs $80 and $0.25-$1.00 on Solana, Avalanche, and Polygon. In contrast, storing this on the DeSo blockchain costs
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