Aragon co-founder Luis Cuende informed Cointelegraph that the decentralized expertise his firm has been growing may discover its good use case on social media platforms like Fb and Twitter.
In latest months, content material moderation practices employed by world social media platforms have been criticized by individuals throughout the political spectrum. Libertarian-leaning constituencies are likely to criticize them for primarily instituting politically appropriate censorship whereas the liberals contend that they don’t seem to be doing sufficient to filter offensive content material. So far, yesterday, the FBI charged six people with a plot to kidnap the governor of Michigan, Gretchen Whitmer. It has since been reported that the accused allegedly coordinated their actions through a non-public Fb group.
Jack Dorsey has indicated beforehand that blockchain expertise can be a game-changer for the Web, with Twitter being no exception. He’s additionally a vocal advocate of decentralized expertise usually; yesterday, his different enterprise, Sq., introduced the acquisition of $50 million price of Bitcoin (BTC).
Aragon gives a expertise stack for decentralized autonomous organizations, or DAOs. A few of the better-known DeFi initiatives that use Aragon’s expertise are AAVE, Curve, and mStable. It additionally gives a framework for a digital courtroom, the place contestants should stake some quantity of crypto after which undergo the choice of the decentralized jurors.
Identical to with an everyday courtroom system, the shedding social gathering can attraction to the upper courtroom (in Aragon’s case, with extra jurors) and ultimately take their case to what Cuende dubs the “Supreme Courtroom”, the place your entire community will get to vote. It ought to be famous that Aragon Courtroom remains to be in beta and individuals have solely settled just a few fundamental instances up to now.
Cuende believes that the moderation woes skilled by social media platforms current an ideal use case for Aragon’s expertise as soon as the tech matures. In his view, the polarization round this phenomenon arises from the truth that one social gathering (Twitter) controls the end result, which constitutes censorship, whereas if it had been left to the neighborhood, the outcomes could be extra like moderation:
“I feel censorship is when the foundations are outlined by one social gathering, moderation is when there is a consensus on the foundations. So in any other case, I feel if Twitter and Fb had been really ruled by its customers indirectly that feels honest to everybody, then we may collectively determine on the foundations. We may collectively determine on what to do and what not, and we may push that ahead. And that may be applied at this time, the expertise is there.”
Cuende mentioned that he has not reached out to Dorsey but, however will seemingly do it within the close to future:
“I feel it is sort of like possibly too early for that, however I feel it is a matter of time.”
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