Twitter's plan to remove existing verification checkmarks from legacy accounts on the platform has drawn negative comments from users who see it as nullifying the whole point of verifying users. Decentralized platforms like CyberConnect and Lens Protocol are gaining interest as they provide a better path forward for social media. CyberConnect raised $15 million in a Series A funding and uses IPFS, Ceramic decentralized data platform, and Ethereum's ERC-721 NFT standard. Twitter's updated policies, including removing text message-based SMS two-factor authentication (2FA) for non-Blue subscribers, present a dangerous precedent for the security vulnerabilities of millions of users. Decentralized platforms offer a more decentralized alternative to traditional models, enabling users to own their content and port their data to whichever platforms and applications they choose. The solution is to make a form of verification open to all via self-sovereign identities powered by transportable NFTs.

Source: Decrypt

Original Link: https://decrypt.co/125174/twitter-killing-legacy-blue-checks-wake-up-call-dangers-centralized-social-media-cyberconnect-ceo