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Cryptocat media gets insanely backing to
Cryptocat media gets insanely backing to






“Others may use the same technology but I think we can do a good job on building something simple that just works and that is a pleasure to use.” “We think Capsule’s value will lie in its exceptional user experience, quality, performance, ease of use and high quality engineering that draws on advanced technologies such as TIC and IPFS without saddling bloat,” he says. if/when there’s a sea of decentralized ‘mega-apps’ that can also claim resilience to censorship? Where, then, does Kobeissi see Capsule’s USP - i.e. So there could soon be a bunch of apps built atop its network touting social networking services without the meddling hand of Big Tech. It went on to demo a TikTok clone - and to open TIC up to outside developers last summer. Last year, for example, Dfinity launched a proof of concept for an ‘open’ version of the professional social network, LinkedIn - which it punningly called ‘LinkedUp’. Given the intent with TIC is to hosts all sorts of decentralized apps it’s possible - indeed, likely - that a bunch of decentralized social media plays will emerge. “The rest will still be a self-hosting, self-contained, precisely engineered micro-services concept, with IPFS (previously GUN) as a decentralized database/connectivity back-end,” he adds. “We were looking to solve these issues somehow before this investment and were already considering Dfinity as the potential solution given that it has a programming language that allows for building these ‘custom mini-blockchains’ as we see them.”

cryptocat media gets insanely backing to

“The Internet Computer will hopefully be helping us build a ‘customized mini-blockchain’ to solve two issues with Capsule: Global authenticated timestamps for posts as well as a root of trust for user’s authentication keys for posts,” he says. He says that hasn’t changed - but sees potential for TIC to help solve some specific technical issues. Kobeissi’s original concept for Capsule, meanwhile, was to create self-hosting microservices. The $14.5M investment vehicle is funded by Polychain, Andreessen Horowitz, and the Dfinity Foundation - and aims to support entrepreneurs and teams building on Dfinity’s the Internet Computer (TIC) aka a serverless architecture for natively hosting software and services (which it refers to as the “first blockchain computer that runs at web speed with infinite capacity”). Polychain Capital outted its Beacon Fund last September.

cryptocat media gets insanely backing to

Cryptocat author gets insanely fast backing to build P2P tech for social media








Cryptocat media gets insanely backing to