The entrepreneur believes that with the help of the blockchain, the same interaction can be reproduced in Web2 projects. The head of FTX criticized the moderation policy on popular social media.
The three guys who run the digs decide what gets censored and what doesn't..Sam Bankman-Fried CEO of FTX
FTX has a working model in place that allows different platforms to access the same pool of data to make independent censorship decisions, he says, and those decisions are the same for everyone. Such a model would help new platforms catch up with existing ones, instead of building their own policies from scratch. Bankman-Fried proposes to establish a single standard for Web2 projects using blockchain, which would significantly speed up the interaction of sites and social networks with each other, helping to focus on aspects that are more important for development. Recall that on Monday, the head of the American branch of FTX Brett Harrison (Brett Harrison) said that the cryptocurrency market will not reach the level of the stock market without the launch of spot derivatives.