• @rational_lib
    link
    English
    246 hours ago

    Non-billionaire controlled so far. It’s a public benefit corporation, which is vulnerable to being Altmaned. Once it becomes valuable money will find a way.

    • @psychothumbsOP
      link
      English
      15 hours ago

      That’s where the federated angle comes in. Not quite there yet, but as the network grows the vulnerability to the original node getting taken over by a bad actor lessens.

      • @[email protected]
        link
        fedilink
        English
        32 hours ago

        A feature that makes it easier for their users to migrate to a competitor? Blockchain Capital invests $15M in BlueSky. Insert that Anakin / Padme meme:

        Anakin: Now that we’ve invested, let’s make that federation feature priority 0
        Padme: As in highest priority, right?
        Anakin:
        Padme: As in highest priority, right?

      • @chaogomu
        link
        English
        12 hours ago

        Is blue sky federated? I thought it was another closed garden. If slightly more open than Twitter.

        • @psychothumbsOP
          link
          English
          12 hours ago

          Bluesky grew out of a project at twitter whose goal was to create a federated protocol. Then when they were split off from twitter when Musk took over they had to start their own twitter-style platform to be the first player in that federated protocol. Now that that part is running they’re gradually building out the originally planned system of allowing more servers to be part of the federation: https://docs.bsky.app/docs/advanced-guides/federation-architecture