Potential decentralized alternative for Twitter may include the biggest cryptocurrencies out there
Recently, Charles Hoskinson teased the cryptocurrency community after telling Elon Musk he’s ready to create a decentralized version of Twitter if he can’t buy out one of the world’s biggest social media platforms.
After the offering, Hoskinson faced a wall of criticism, including questions about the network’s choice for a potential decentralized alternative to the platform. Since Hoskinson works with Cardano blockchain, users suggested it would not be fair if the “free version” of Twitter would work on one blockchain only.
But Hoskinson was quick to placate the community with the concept that the decentralized version of the social network would operate on. According to another Tweet, Hoskinson would be happy to build a cross chain between Dogecoin, Bitcoin and Cardano for the platform.
Ironically, Hoskinson did not mention the Ethereum network in his blockchain trifecta since it is considered the major competitor of Cardano in the same category as Solana.
Will Musk accept the offer?
Since Cardano has barely implemented smart contract technology and released some solutions on the network, it is almost impossible for anyone to succeed in building such a complicated structure as a social media platform based only on Cardano. It is also unclear how cryptocurrencies integrate with platforms like Twitter other than tipping and transferring funds, which is not the primary purpose of these platforms.
Even if the richest person on Earth builds a decentralized alternative to Twitter, he will most likely choose more sophisticated networks like Ethereum, which has proven its validity as a network with complex solutions built on top of it.
