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Huge Twitter Hack Exposes Faults In Centralization
Twitter was socially engineered into giving away administrative access to their top-level users resulting in them all having a bitcoin scam posted on their accounts. This could have been way worse and highlights the flaws in centralized platforms. Let’s talk about it. https://lbry.tv/@ScottCBusiness:4/hack:6 My first concern is people thinking that this is somehow indicative of the level of trust we should have for Bitcoin. The only entity we should be concerned about is Twitter and its awful security structure for the level of access and single points of failure. This highlights the flaws in centralized platforms and props up the use case of using decentralized social media platforms where only you can access your account, but you are also the only one who can recover it. If you want all the responsibility and the blame, then decentralized platforms are for you and this kind of thing will never happen on them. Some great examples of decentralized platforms are LBRY, Hive, Steem, and any platform that fully utilizes the blockchain for content, access, and moderation. There are many other platforms, but not all are fully decentralized and may just fall somewhere on the spectrum, however, all of the platforms below are more decentralized than legacy platforms like Twitter or Facebook and they tend to uphold values like free speech, privacy, transparency, and the cyberpunk ethos. The main crypto platforms that I use very actively today are LBRY, Publish0x, DTube, 3Speak, Bitchute, Flote, Memo.cash, Read.Cash, Minds, and Uptrennd. I also actively use Twitter. You can find me everywhere as @ScottCBusiness. I post on about 30 platforms but am not active on them. Let me know what you think about all of this? Will we see more hacks on legacy platforms in the near future? Does this make you want to switch to decentralized platforms? Will you try out any of the new platforms I’ve listed? Let me know your thoughts about all of this in the comments below and don’t forget to share, like, and subscribe too!
22 comments
Please publish some thing about Facebook. Thank you.
Why what about Facebook?
For the reson of Bangladeshi, its the popular one.
This is nice article sir, Thanks for sharing ❤️
Earnestly, the recent twitter hack has left me with thoughts that our information isn't save even though the hack hasn't affected me directly. But also talking about decentralised platforms, do you think it can save us from such occurrences?
The more decentralized the better!
Tnx for information
This is why I like scottcbusiness posted articles because you could learn something even if you are new in the world of cryptocurrency.
😮thanks for sharing this big news with us.
Thanks for giving me the idea of joing other platforms. This would be a great help for me 😊
Until now i dont have a twitter account
it targetted only the popular guys so ,if they will move to decentralized social meida first then we should also but no one seems bothered
so decentralized social medias are social medias where you only have access to control the account? Sorry I'm confused... I thought decentralized is when you are not the only one in control of the account... Can you write an article regarding decentralize and centralize social platforms? and which is better? and is blockchain centralized or decentralized? I'm really sorry. I'm new in crytpcurrency and I want to know the safety of using it. :)
Decentralize means the power and control is spread out. Your account itself is centralized to you, but the system is decentralized. I will do that video.
oh thank you so much.. :)
The more of this the more we understand thanks good one
Great video!
Good article
When I first heard of the scam. I was like "wow" then amused then I just felt bad.
Thanks for your greatful information ❤️
Thanks a lot. Now I know what to do
thanks to info dude.