Meta is Building a Decentralized, Text-Based Social Network

Twitter's decline is paving the way for other platforms to build next-generation replacements. And now the biggest player in the game is getting involved: Meta is in the early stages of building a dedicated app for people to post text-based updates. From a report: "We're exploring a standalone decentralized social network for sharing text updates," the company told Platformer exclusively in an email. "We believe there's an opportunity for a separate space where creators and public figures can share timely updates about their interests." News that Meta has been exploring a text-based network was first reported Thursday by MoneyControl. The app is codenamed P92 and will allow users to log in through their existing Instagram credentials, the outlet reported. Details about the project are scant. The product is still in its earliest stages, sources said, and there is no time frame for it being released. But legal and regulatory teams have already started to investigate potential privacy concerns around the app so they can be addressed before launch, we're told. Adam Mosseri, who runs Instagram, is taking the lead on the project, sources said. The most remarkable aspect of the project is that Meta plans for the network to be decentralized. While the company would not elaborate beyond its statement, in a decentralized network individual users are typically able to set up their own, independent servers and set server-specific rules for how content is moderated. Building a decentralized network could also give Meta the opportunity for its new app to interoperate with other social products -- a previously unheard-of gesture from a company known for building some of the most lucrative walled gardens in the industry's history.

Read more of this story at Slashdot.