Frank McCourt's Decentralized Internet Project Enters Ethereum Ecosystem With Consensys Partnership

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Frank McCourt's Decentralized Internet Project Enters Ethereum Ecosystem With Consensys Partnership
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Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.

Project Liberty, which is building a decentralized social media ecosystem, is working with Consensys to expand into Ethereum .Trump's Media Company in Talks to Buy Crypto Trading Platform Bakkt; Razzlekhan Gets 18 Months in Prison

Under the agreement, announced on Wednesday, Project Liberty's Frequency blockchain will become compatible with Consensys' technology, including the Linea layer-2 network that uses"The added compatibility may help spur interest in Frequency and its Decentralized Social Networking Protocol , an open standard for moving data around, while generating fee income for Linea.

"We all know how the network effect works, and when you own so many relationships and so many people in your walled garden, you have a privilege versus everyone else," McCourt said in an interview."By opening up and creating this universal social graph that's accessible by everyone, where individuals control their stuff, you then have the network effect embedded in the internet.

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