After Twitter co-founder Jack and his team laid the foundation for the future of Web5 earlier this year, it wasn't long after that Zion announced its app would employ Web5 components. kahris_eth does a deep dive:
as “an open global scalable decentralized community platform that facilitates direct flow of content and payments between creators and their audiences.” Zion was built with Web5 components and is distinct from Web3 in its core architecture and design.Web5 is a decentralized peer-to-peer network based around decentralized web nodes and identity, using Bitcoin as the base consensus layer.
By replacing the intermediaries with vetted, open-source protocols, Zion aims to create a space for full sovereignty over your digital identity. Zion emphasizes freedom of expression and self-custody of personal information. Because Zion is built within the Web5 framework, the underlying technology enforces privacy, with no possibility of targeted advertising. Privacy and self-custody are enforced by the protocol, not by companies.
The Zion app has two primary functions: payment and community. The communities are forums that look and function like a cross between Twitter and a traditional/Facebook online forum. Zion users can use forums to share content, discuss ideas and get paid for what they contribute. Because Zion wallets operate on theWhat Is the Bitcoin Lightning Network?
Bitcoin acts as the base consensus layer for Zion, with Lightning acting as the layer 2 scaling tool. Identity on the centralized web is viewed by the Zion team as broken. Traditionally, identity is issued by external authorities who ultimately decide whose identity will be revoked, and when. Organizations may inadvertently reveal personal information or change policies, or an individual’s identity may be replicated in the form of identity theft. In the case of Twitter, that problem was recently highlighted with the changes made for how users can receive Twitter’s blue checkmark.
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