Twitter co-founder, former CEO and bitcoin aficionado Jack Dorsey reacted to Twitter’s newly imposed limit on the number of tweets users can view per day.
Yesterday, July 1st, late at night, American billionaire and Twitter chairman Elon Musk said: announced on twitter To “address extreme levels of data scraping and system manipulation,” it will temporarily limit the number of posts users can view each day.
mask, who Acquisition Twitter acquired in October 2022 for $44 billion, with verified accounts limited to viewing 6,000 posts per day, and a daily limit of 600 posts for unverified accounts, new unverified handles You said it is set to 300 posts.
However, the viewing limit has since been increased twice, allowing verified accounts to view 10,000 tweets per day, and unverified and new unverified accounts to view 1,000 and 500 posts per day, respectively. rice field.
Jack Dorsey advises Twitter team to test decentralized protocol
As expected, these new browsing restrictions garnered a lot of reactions from many users on Twitter, especially from the company’s co-founder Jack Dorsey.
Dorsey Expressed He said he understands that managing Twitter is no easy task, and that his current team is just “doing the best they can”.
“Running Twitter is hard. It’s easy… it’s my fault too… but I know the goal is to see Twitter thrive.
Dorsey went further in a subsequent tweet, calling the technology essential to the free internet space and urging Twitter management to try building on a decentralized protocol.
“And I hope they will consider building a truly censorship-resistant open protocol like bitcoin or nostr to ease that burden. It’s essential for maintaining an open internet.”
Jack Dorsey is known as a cryptocurrency and Web3 advocate.After Musk’s acquisition of Twitter, Dorsey invested 14 bitcoins (Valued at $245,000 at the time) will fund the development of Nostr, which will act as a decentralized social network.
Nostr works similarly to Twitter and is supported by Bitcoin Maximalists, but is not built on the Bitcoin blockchain. In addition to its social networking role, Nostr is designed to process payments on Bitcoin’s Lightning Network.
How will Twitter’s new restrictions affect the crypto space?
The Bluebird app is a key social media tool for participating in the cryptocurrency space as it allows for ICO announcements, bounty campaign promotions and general project news.
While this change is temporary, one can only wonder about the ripple effect Twitter’s new view limit will have on its vibrant community. So far, the impact appears to be minimal, with cryptocurrency market capitalization rising 0.4% over the past 24 hours. Data by Coingecko.
Bitcoin, the major cryptocurrency, is trading at $30,534, up 0.3% on the previous day. The token’s daily trading volume is worth $5.91 billion and its market cap reaches a staggering $592.76 billion.
BTCUSD trading at $30,520 | BTCUSD chart from TradingView
Featured image from BBC News, chart from TradingView