Blockchain and Cryptocurrency Beginner - Centralized and Decentralized Social Media Platforms - Which is The Future of Social Media?

Which One is The Future of Social media?

For me, I think decentralized social media is the future of social media because more and more people are complaining about how centralized social media platforms are selling user information and data to third parties for targeted adverts. This has become a problem for users of these platforms because it means that users don’t have privacy on these platforms anymore. With decentralized social media platforms, users can have freedom to create contents without fear of accounts or content being deleted.

How Decentralized Social Media is better than Twitter and Facebook

Below are some of the reasons why Decentralized Social Media is better than twitter and facebook…

Decentralized Social Media	Twitter and Facebook
No selling of user information and data to third parties for targeted adverts	Selling of user information and data to third parties for targeted adverts
User posts cannot be deleted or removed from the blockchain	User posts can be deleted or removed at anytime without notice
Uses blockchain technology which makes it more secure	User information and data are stored on centralized servers which is less secure
Users make decisions on the platform	The decisions is made by the central entity or owner of the platform
Transparency on the steemit platform	Less transparent as some things are hidden from users

How do Decentralized Social Media change the lives of Its users

I have to say, there are not that many blockchain powered decentralized social media platform that rewards its users with real value. On Decentralized Social Media, users are rewarded with cryptocurrencies for creating and curating contents on the platform. This is great especially for people who are living in developing countries, they can earn a living, earn rewards which can be used for food, shelter, healthcare, water, clothes, gadgets etc.

How users can make money with Decentralized Social Media

There are a number of ways users can earn rewards by using Decentralized Social Media platform. One of the main ways is to create good contents on Decentralized Social Media and receive rewards in form of upvotes and cryptocurrencies. Users can earn rewards in different cryptocurrencies for creating good contents. Another way is to become a curator. As a curator on a Decentralized Social Media, users can earn curation reward just by reading and curating contents. Curators earn rewards in staked tokens which can be powered down to liquid tokens. For me, it is by creating quality contents and posting it on Decentralized Social Media. Also, participating in contests is a good way to earn some rewards on Decentralized Social Media platforms.

Conclusion

In my opinion, decentralized social media is the best as it gives power to the users and prevents selling of user information and data. There is more freedom of speech on decentralized social media platforms and contents are censor resistant.