Coinbase-Backed DeSo Disrupts Telegram, WhatsApp, and Signal

Los Angeles, Calif., Oct. 11, 2022 by Chainwire

point:

  • DesoA new blockchain that has raised $200 million from Coinbase, Sequoia and Andreessen Horowitz.
  • On-chain messages are censorship-resistant and, like Bitcoin and Ethereum, can be used pseudonymously without providing personal information.
  • DeSo is the only blockchain today that supports seamless end-to-end encrypted on-chain messaging, and its extension to group chats is a first-of-its-kind breakthrough.
  • apps like diamondin a decentralized Twitter app, recently released, launching decentralized encrypted group chats on DeSo in the coming weeks. Diamond already supports end-to-end encrypted on-chain direct messages, which DeSo has been eyeing since early 2021.

Signal is the most popular private messaging app today, but users must enter personally identifiable information (a phone number) to use it. This allows anyone with access to Signal’s database to get complete information about who sent the message and when. Additionally, Signal is a centralized service, so it is blocked in major countries such as China.

Imagine a user having to give up their phone number in order to create a Bitcoin wallet. Why can’t users have the same level of privacy and censorship resistance as Bitcoin but apply to their communications?

today, Deso Blockchain brings the pseudonymity and censorship resistance of Bitcoin to messaging by initiating decentralized, end-to-end encrypted on-chain direct messages and group chats.

thanks to Recent integration with MetaMaskDeSo app users diamond You can register without entering personal information. Additionally, because DeSo is a decentralized Layer 1 blockchain, all messages are censorship-resistant, and users’ recipients can stop receiving messages even if they are in a country with restricted free speech. You can not.

“DeSo is the only blockchain that can support something like this today,” he said. Nader Al Najithe creator of Deso“Storing a 200-character message on Ethereum costs about $75, and storing it on Solana, Avalanche, or Polygon costs about 15 cents. It is the first blockchain that can disrupt storage-intensive applications such as WhatsApp, Signal, etc.,” adds Al-Naji.

This is the latest in a string of recent successes for DeSo.The Platform Listed On Coinbase Earlier This Year Announced Breakthrough MetaMas integration The last week triggered a significant price spike.many new social apps like diamondis a web3 social network built on DeSo and is growing rapidly due to the recent surge in user numbers. Recently, the platform announced his USDC integration which has attracted many new builders to the ecosystem.

The launch of decentralized messaging reveals the true disruptive power of DeSo. This is a platform that can not only disrupt social media, but also ensure open communication and freedom of speech for all citizens around the world.

About the Deso Foundation

DeSo is a new Layer 1 blockchain built from the ground up to decentralize social media and scale storage-hungry applications to billions of users. They raised his $200 million and are backed by Sequoia, Andreessen Horowitz, Coinbase Ventures, Social Capital, Polychain Capital, Winkelvoss Capital, Pantera and others.

$DESO, the native currency of the DeSo blockchain, is listed on Coinbase.

Check full version Roadmap Claim your username at deso.com.

contact

Growth Marketing Lead, Ash Ghaemi, DeSo Foundation, [email protected]

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