Twitter Suspends Accounts of Major Crypto Influencers

Major social media platform Twitter, headed by bitcoin proponent Jack Dorsey, has suspended the accounts of some influencers in the cryptocurrency space.

Crypto Accounts Mistakenly Considered as Scams

According to a tweet by popular YouTuber Tone Vays on Wednesday (Mar. 10, 2021), accounts belonging to a bunch of well-known crypto influencers like bitcoin analyst Willy Woo and Plan B, creator of the Bitcoin sock-to-flow model, got suspended by Twitter. 

Usually, Twitter accounts get suspended if the holders act in contravention of the laid down rules. A suspension also comes after various individuals report accounts for abuse, harassment, and other related matters. 

In the case of the affected accounts, it was not known what they did or why they got suspended. Meanwhile, apart from Willy Woo and Plan B, other notable influencers in the crypto space were suspended.

In a tweet by Peter McCormack detailing the full list, other accounts include MMcrypto, WSBchairman, themooncarl, KoroushAK, and TheCryptoDog. However, of the seven affected accounts, only those belonging to Willy Woo and Plan B have been restored. 

Following the restoration of his account, Plan B stated that the reason Twitter suspended the accounts was that the platform thought they were spam. The crypto influencer also noted that verifying the accounts with its notable blue mark check would prevent such mistakes from recurring.

“So the reason for suspension was twitter flagged our accounts as spam by mistake. Note that victims of scammers and impersonators think it is us and report the real accounts…a blue “verified” checkmark would solve this and prevent a lot of harm.”

Social media centralization heightens calls for decentralized options

Meanwhile, Twitter is not the only mainstream platform to take down crypto-related accounts. YouTube, a major online video-sharing platform also banned various cryptocurrency channels. 

As previously reported by BTCManager back in 2019, YouTube deleted various crypto-linked contents on its platform, while stating that such contents were dangerous or harmful. The platform later said that it acted in error. In March 2020, YouTube again deleted a video belonging to YouTuber Ivan on Tech.

With centralized platforms like Twitter and YouTube censoring what its users can post, it becomes imperative for the crypto community to start considering decentralized options. 

Meanwhile, Twitter chief Jack Dorsey has always been aware that the decentralization route was the way to go. Back in 2019, Dorsey said Twitter hired a team of developers to build a decentralized social media protocol called BlueSky. 

Earlier in January 2021, Dorsey spoke up following Twitter’s ban on the account belonging to former U.S. President Donald Trump. In a tweet thread, the Twitter CEO lauded the decentralized nature of bitcoin, saying:

“The reason I have so much passion for #Bitcoin is largely because of the model it demonstrates: a foundational internet technology that is not controlled or influenced by any single individual or entity. This is what the internet wants to be, and over time, more of it will be.”

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Brave (BAT) Browser Debuts Native IFPS Support

Crypto-friendly browser platform Brave (BAT) has taken a significant step in the development of the decentralized web by becoming the first browser to roll-out native support for InterPlanetary File System (IPFS). With internet censorship a major concern among a cross-section of stakeholders, the pivot to a more decentralized world-wide-web might hold the key to the preservation of free speech on the internet.

Brave Offer Support for P2P IPFS Protocol

Brave announced the news via a communique issued on Tuesday (Jan. 19, 2021). According to the press release, Brave has integrated the IPFS protocol on its privacy-focused browser service.

Based on the news, Brave’s 24 million monthly active users can now access IPFS URLs directly from their browser. The process involves either using a dedicated gateway or a one-click installation of the full IPFS node.

Users who choose to install a full IPFS node will enjoy the added benefits of enhanced browsing experience as well as significant savings on server maintenance costs for content publishers. As with other peer-to-peer (P2P) systems, the more entities running full nodes, the more resilient the system becomes as a consequence of the exponentially increasing network effect.

Commenting on the milestone, Brave co-founder Brian Brody remarked that the company was thrilled to add IPFS support to its growing list of features, adding:

“Providing Brave’s 1 million+ verified content creators with the power to seamlessly serve content to millions of new users across the globe via a new and secure protocol, IPFS gives users a solution to the problem of centralized servers creating a central point of failure for content access. IPFS’ innovative content addressing uses Content Identifiers (CIDs) to form an address based on the content itself as opposed to locating data based on the address of a server. Integrating the IPFS open-source network is a key milestone in making the Web more transparent, decentralized, and resilient.”

IFPS as a Solution to Internet Censorship

IPFS is said to offer significant advantages over the usual Hypertext Transfer Protocol (HTTP) and Hypertext Transfer Protocol Secure (HTTPS) internet communication systems. Instead of information hosted on centralized servers, IPFS connects users to websites cached on nearby nodes.

Decentralized data storage is also a major use case for blockchain technology. Filecoin, one of the highest-grossing initial coin offerings (ICO) from 2017 is looking to launch a distributed data storage solution.

Several internet experts say IPFS could solve the problem of internet censorship as people domiciled in places with strict internet controls can have unfettered access to information on the web.

Brave’s IPFS integration is the latest feature on the popular browser. As previously reported by BTCManager, the privacy-focused browser service added a direct dark web gateway via Tor back in Oct. 2020.

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