Meta, the parent company of Facebook and Instagram, is developing an app to compete with Twitter, the Moneycontrol site reported Thursday. The social network, dubbed P92, would be decentralized and would allow users to log in with their Instagram credentials. Information confirmed by the American company.
“We are exploring the possibility of creating a decentralized, autonomous social network for sharing text-based updates. We believe there is an opportunity for a separate space where creators and public figures can share timely updates about their interests,” a Meta spokesperson said. .
The project is in its infancy and a deadline has not yet been communicated. It is through the decentralization of its network that Facebook’s parent company intends to compete with Twitter, which has been in decline for several months. Since Elon Musk took office in October 2022, Twitter has lost millions of users.
Own servers, own moderation.
The latter feel particularly discouraged by the proliferation of toxic content and the increase in the number of breakdowns. With a decentralized network, individual users would be able to set up their own independent servers and set server-specific rules for content moderation.
PG2 would not be the first decentralized application to try to compete with Twitter. Last November, Mastodon wanted to seduce those disappointed with the app recently acquired by Elon Musk. Mastodon is a software that is part of Fédiverse, a term that designates a decentralized system of open source social networks.
More explicitly, this means that the different entities are interconnected but do not depend on a single large company. Thus, we find in Mastodon different “instances”, that is, independent servers that interact with each other but have different operations.
More recently, the Bluesky app appeared on the App Store. This alternative to Twitter has the particularity of being financially supported by Jack Dorsey, one of the two co-founders of the social network, disappointed by Elon Musk’s early decisions at the head of the application.
Source: BFM TV
