Crypto Market Highlights May 23, 2022 Crypto Market Highlights May 23, 2022
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
    • Quizzes
  • Crypto Prices
  • About Us
    • Contact Us
    • Disclaimer
    • Terms and Conditions
    • Privacy Policy
Reading: Hoskinson to Launch Decentralized Social Network in Brazil
Newsletter
Crypto Market Highlights May 23, 2022 Crypto Market Highlights May 23, 2022
Coinscreed Ad Banner Coinscreed Mobile Banner
[ccpw id="20060"]
Crypto Market Highlights May 23, 2022 Crypto Market Highlights May 23, 2022
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
    • Quizzes
  • Crypto Prices
  • About Us
    • Contact Us
    • Disclaimer
    • Terms and Conditions
    • Privacy Policy
Reading: Hoskinson to Launch Decentralized Social Network in Brazil
Newsletter
Crypto Market Highlights May 23, 2022 Crypto Market Highlights May 23, 2022
Coinscreed Ad Banner Coinscreed Mobile Banner
[ccpw id="20060"]
  • News
  • Stories
  • Market Analysis
  • Learn
  • Crypto Prices
  • Contact Us
Search
  • News
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • CBDC
    • Crypto Exchange News
    • Cryptocurrencies
    • DeFi News
    • Ethereum News
    • Hacks and Scams
    • Litecoin News
    • Metaverse News
    • NFT News
    • Press Release
    • Ripples News
    • Sponsored Post
    • Web3 News
  • Stories
    • Interviews
  • Market Analysis
  • Learn
    • Bitcoin
    • Blockchain
    • Crypto Guide
    • Cryptocurrency Exchange
    • DeFi
    • Ethereum
    • Metaverse
    • NFTs
    • Trading
    • Web3
    • Quizzes
  • Crypto Prices
  • Contact Us

Trending →

Pump.fun Raises $500 Million in ICO

By Rita Umukoro 2 days ago

Tether to End USDT Support on Five Blockchains as Part of Strategic Refocus

By Rita Umukoro 3 days ago

Crypto Advocates Support Lawsuit Challenging DOJ’s Crackdown on Open-Source Code

By Rita Umukoro 5 days ago

Court Ends Coin Center–U.S. Treasury Appeal Over Tornado Cash

By Rita Umukoro 7 days ago

CoreWeave finalizes Core Scientific acquisition for $9B

By Rita Umukoro 1 week ago
Follow US
© Coins Creed. All Rights Reserved.

Home » Hoskinson to Launch Decentralized Social Network in Brazil

News

Hoskinson to Launch Decentralized Social Network in Brazil

Martha Ezeani
Last updated: 11 months ago
By Martha Ezeani
Share
5 Min Read
SHARE

Charles Hoskinson criticized the censorship and emphasized the importance of decentralization.

Contents
Charles Hoskinson On X Ban & Future PlansElon Musk’s Comments On Brazil Ban
Hoskinson to Launch Decentralized Social Network in Brazil
Hoskinson to Launch Decentralized Social Network in Brazil

Charles Hoskinson, the creator of the Cardano blockchain, has announced his intention to establish a decentralized social media network in Brazil. This decision comes at a time when tensions are growing between the country’s judicial system and the social media site X, which was once known as Twitter.

Charles Hoskinson On X Ban & Future Plans

Brazil recently prohibited the X platform due to various legal issues. Minister Alexandre de Moraes chaired Brazil’s Supreme Federal Court (STF), which suspended X, sparking the uproar. The STF accused the platform of routinely disobeying court orders.

The court highlighted X’s inability to establish a legal representative in Brazil and its involvement in facilitating the dissemination of hate speech, racism, and anti-democratic content as reasons for the decision.

Furthermore, Moraes issued an order to the Brazilian National Telecommunications Agency (ANATEL) to deactivate access to X within the next twenty-four hours. Furthermore, he demanded the removal of the platform from the app stores of prominent technology companies, Apple and Google, within a span of five days.

On the Brazilian continent, Moraes referred to X as a “lawless land.” In addition, he attacked it for enabling extremist groups to disseminate false information and destroy democratic institutions.

In addition, the court levied a daily fine of R$50,000 ($8,912) on users who attempted to access X through virtual private networks (VPNs) and other methods. This adds to the growing number of legal difficulties that the platform is facing in the country.

Reportedly, X failed to comply with court instructions by the deadline, which resulted in the imposition of fines amounting to around R$18 million. Charles Hoskinson, who is affiliated with Cardano, voiced his displeasure with the restrictions placed on the right to free expression in Brazil as a reaction to the prohibition.

When addressing Hoskinson, a member on X said, “We would like to extend our warmest greetings to our friends in Brazil, who are hosting the workshop in São Paulo.” Unfortunately, the country’s prohibition on X has placed constraints on their right to free expression, preventing them from effectively communicating their message.

Charles Hoskinson provided a response to this topic, which was as follows: “The consequences of censorship and why decentralization matters.” Despite the fact that Brazil has silenced our brothers and sisters on X, their work will still resonate with us all and will continue to matter.

At the convention, we will be able to meet their delegates, and I am looking forward to enlisting the assistance of a large number of Brazilians in the construction of a decentralized social network.

When it comes to combating censorship and preserving the free flow of information, the comments made by Hoskinson highlight the growing significance of decentralized technology.

The founder of Cardano aims to establish a decentralized social media network in Brazil that resists easy control or censorship by administrative bodies. This endeavor is in line with the Cardano ecosystem’s overarching goals for blockchain technology development.

Elon Musk’s Comments On Brazil Ban

The development of secure and scalable blockchain systems, applicable to a wide range of applications like social media, government, and finance, is one of these objectives. Elon Musk, the owner of X, has openly opposed the actions taken by Brazil, describing the court’s decisions as in violation of the law and motivated by political considerations.

In his argument, Musk said that the demands that Judge Moraes made were in direct opposition to Brazil’s own laws, and he accused the judicial system of being biased. The company X issued a statement in which it declared its determination to publicize all of Moraes’ court files and demands in order to provide transparency and ensure the protection of Moraes’ rights to free speech.

As the amount of pressure continued to increase, the legal representative for the platform in Brazil decided to resign. This led to the early closure of X’s office in the country this month. In light of this, Charles Hoskinson approach is an attempt to eliminate this gap for users in Brazil.

TAGGED:BrazilCharles Hoskinsonelon muskSocial networkTwitter
Share This Article
Facebook Twitter Copy Link

You Might Also Like ↷

SpaceX to accept Dogecoin for merch - Elon Musk

SpaceX to accept Dogecoin for merch – Elon Musk

May 27, 2022
Economist Warns Trump’s Bitcoin Bet Could Weaken the Dollar

Economist Warns Trump’s Bitcoin Bet Could Weaken the Dollar

2 weeks ago
Tether Halts USDT Redemption For Select Singapore Customers

Here is Why Tether (USDT) Depeg FUD May Just Be Beginning

June 15, 2023
Binance Aids Indian Government in Tracking $47M Crypto Gaming Scam

Binance Aids Indian Government in Tracking $47M Crypto Gaming Scam

10 months ago
Coinscreed
Stay tuned for a blend of captivating content that not only informs but also inspires you to navigate the ever-evolving landscape of technology, marketing, and market trends!
Coinscreed
FacebookLike
TwitterFollow
InstagramFollow

All Rights Reserved. Coinscreed 2024.

adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist