• About
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Submit Guest Post
  • Contact Us
Best Crypto Blog Website
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
    Winkles Flam Season 1 Promo Image 1 1679339960h0xiZRNWFL

    Sphynx Ink and OpenSea Partner for “Winkles & Flam” Digital Collectibles

    Banner 1679678689zG2cpI2oNC

    Construction Giant XCMG Chooses Conflux for NFTs and Future Global Blockchain Applications

    Narwhal TwitterFeed 01 1679648429qaPRy3QEbo

    Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures

    photo 2023 03 21 214513 167943514053ze1jKnu5

    Arcade fighting game Battle of Olympus to launch presale for GODLY token on Arbitrum on March 27

    babka 1679436351vZ4KusXtXp

    Virtual Duo Babka and Nushi Honor Game Developers Worldwide at GDC

    KyberSwap Launches ARB yield farms PR 1679396727cp30kkdDSM

    KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum

    Abstract Stock 11 1679332296JIpNOHrPSP

    Metacade Presale Hits Final Stage Before Listings, Raising Over $500k in under 24 hours

    Abstract Stock 15 1678719454M1vrYxtidF

    Metacade’s Community-Driven GameFi Platform Raises Over $10M in Presale

    Project Matthew PR 1678700539zbX7lss3lQ

    BinaryX Releases Trailer and Opens Beta Test For Futuristic Space Game Project Matthew

  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting
Advertisement
No Result
View All Result
Wootfi Media
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
    Winkles Flam Season 1 Promo Image 1 1679339960h0xiZRNWFL

    Sphynx Ink and OpenSea Partner for “Winkles & Flam” Digital Collectibles

    Banner 1679678689zG2cpI2oNC

    Construction Giant XCMG Chooses Conflux for NFTs and Future Global Blockchain Applications

    Narwhal TwitterFeed 01 1679648429qaPRy3QEbo

    Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures

    photo 2023 03 21 214513 167943514053ze1jKnu5

    Arcade fighting game Battle of Olympus to launch presale for GODLY token on Arbitrum on March 27

    babka 1679436351vZ4KusXtXp

    Virtual Duo Babka and Nushi Honor Game Developers Worldwide at GDC

    KyberSwap Launches ARB yield farms PR 1679396727cp30kkdDSM

    KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum

    Abstract Stock 11 1679332296JIpNOHrPSP

    Metacade Presale Hits Final Stage Before Listings, Raising Over $500k in under 24 hours

    Abstract Stock 15 1678719454M1vrYxtidF

    Metacade’s Community-Driven GameFi Platform Raises Over $10M in Presale

    Project Matthew PR 1678700539zbX7lss3lQ

    BinaryX Releases Trailer and Opens Beta Test For Futuristic Space Game Project Matthew

  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting
Advertisement
No Result
View All Result
Wootfi Media
No Result
View All Result
Home News Crypto Press Release

DeSo Blockchain Eclipses 65 Million Transactions as Big Names Eye a ‘DeSo Summer’

Global Press Release by Global Press Release
11/02/2023
Share on FacebookShare on Twitter

Denver, Colorado, 29th March, 2022, Chainwire

DeSo Blockchain announces they have surpassed 65 Million transactions on their network. At the time of this writing, the DESO coin (which is already listed on Coinbase) was up +80% on the news according to CoinGecko. This milestone comes at a time when one of the most influential individuals on the planet is tweeting about decentralizing social media.

Elon Musk recently ran a Twitter poll asking if Twitter’s algorithm should be open source. 82.7% of the 1 million participants responded with ‘yes’. A quick click into Elon’s replies saw people urging him to build his own solution to address this problem. However, that may not be necessary with the announcements that DeSo is making this week. 

On top of 65 Million transactions across 1.5 Million user accounts, DeSo is also announcing an exciting upcoming update to their consensus model from Proof of Work to Proof of Stake, as well as a new platform for launching DAOs called DAODAO.  

“With these new updates, we move closer to a world in which social media is not controlled by three centralized companies, but instead, is owned by the users and creators of the network,” said Nader Al-Naji, the Founder of DeSo.

For those who are unfamiliar, DeSo is a new layer-1 blockchain built to scale decentralized social applications to billions of users. People can build social apps on DeSo in the same way they build financial apps on Ethereum.

Unlike other recent Twitter alternatives, such as Truth Social or Parler, DeSo addresses the core underlying issue, which is the centralization of data under big tech companies.

“The first thing people need to realize is that social graphs and content should be stored on blockchains. The second is that in order to do this at scale, dedicated blockchains are needed,” said Alex Valaitis, Head of Strategy and Operations at DeSo.

Similar to the ‘DeFi summer’ of 2020, which kickstarted a new wave of interest in crypto, many experts are wondering whether we may be headed towards a ‘DeSo summer’ in 2022. Whether or not DeSo will emerge the winner remains to be seen. But what is clear is that the opportunity is massive and some big names are taking notice.

Check out one of DeSo’s Twitter alternatives over at Diamondapp.com or learn more about their vision at Deso.org. 

Contacts
  • Arash Ghaemi
  • [email protected]
  • 5623842691
Global Press Release

Global Press Release

Next Post
MetaChess Ico Review: Metaverse Play-To -Earn NFT

MetaChess Ico Review: Metaverse Play-To -Earn NFT

LATEST .PRESS RELEASE

Venom Foundation in Partnership With Iceberg Capital Launches $1 Billion Venom Ventures Fund

16/02/2023

Kitsumon Launches NFT Breeding Gameplay

13/02/2023

LATEST NEWS

Which direction will BTC go

2 critical levels formed in Bitcoin price after the rise: Which direction will BTC go?

20/03/2023
Maggi to Launch Recipe NFTs in the Metaverse

Maggi to Launch Recipe NFTs in the Metaverse

15/03/2023
Egyptian police accused the creators of the Hoggpool project of $615,000 crypto fraud

Egyptian police accused the creators of the Hoggpool project of $615,000 crypto fraud

15/03/2023
US senators urge Meta to close children's access to the metaverse

US senators urge Meta to close children’s access to the metaverse

06/03/2023
Court rejects tax fraud charges against Michael Sailor's MicroStrategy

Court rejects tax fraud charges against Michael Sailor’s MicroStrategy

05/03/2023
Fighting Bears: Bitcoin Miner Riot's Bitcoin Blockchain Hashrate Reaches ATH in 2022

Fighting Bears: Bitcoin Miner Riot’s Bitcoin Blockchain Hashrate Reaches ATH in 2022

05/03/2023
Wootfi Media

Welcome to Wootfi, your number one source for all things [Cryptocurrency]. We’re dedicated to giving you the very best of [Crypto Review], with a focus on [Blockchain Technology ], [Crypto News], [Investment Website].

Follow Us

Categories

  • Affiliate Program
  • AIRDROPS
  • Best Crypto Wallet
  • Bitcoin News
  • Blockchain News
  • Buy Crypto
  • Cardano News
  • CASINO REVIEW
  • CLOUD MINING
  • COINS
  • Crypto News
  • Crypto Press Release
  • DEFI
  • Earning Survey Sites
  • Education Platform
  • Ethereum News
  • Exchange
  • Features
  • Fintech
  • Forex
  • Format Folder
  • Government News
  • ICO
  • Investment
  • News
  • NFT NEWS
  • Press Release
  • Ripple News
  • Uncategorized
  • WALLET
  • Web Hosting
ADVERTISEMENT
  • About
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Submit Guest Post
  • Contact Us

© 2023 WOOTFI - Develop by WOOTFI.
All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - [email protected] .

No Result
View All Result
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting

© 2023 WOOTFI - Develop by WOOTFI.
All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - [email protected] .