Coinbase-Backed DeSo Disrupts Telegram, WhatsApp, and Signal – Press Release – Bitcoin News

PRESS RELEASE. Today, Signal is the most popular private messaging app, and yet users can’t use it without entering some personally identifiable information: their phone number. This makes it possible for anyone with access to the Signal database to get complete information on who the user is sending messages to and when. Also, because Signal is a centralized service, it has been blocked in major countries like China.

Imagine if creating a Bitcoin wallet required users to give up their phone numbers. Why can’t users have the same level of privacy and censorship resistance that they have with Bitcoin but applied to their communications?

Today, the DeSo blockchain brings the pseudonym and censorship resistance of Bitcoin to messaging with the launch of decentralized end-to-end encrypted on-chain direct messages and group chats.

Thanks to a recent integration with MetaMask, users of DeSo apps like Diamond can sign up without entering any personal information. Also, because DeSo is a decentralized layer 1 blockchain, all messages are censorship resistant, which means that nothing can stop users’ recipients from receiving their message, even if they are located in a country with limited freedom of expression.

“DeSo is the only blockchain that could support something like this today,” says Nader Al-Naji, the creator of DeSo. “It costs about $75 to store a 200-character message on Ethereum, and about fifteen cents to store it on Solana, Avalanche, or Polygon. In contrast, DeSo is a ten-thousandth of a cent, making it the first blockchain capable of disrupting storage-intensive applications such as iMessage, WhatsApp, and Signal,” adds Al-Naji.

This is the latest in a recent string of successes for DeSo. The Coinbase-listed platform earlier this year announced an innovative MetaMask integration last week that caused a significant price increase. Many new social applications such as Diamond, a DeSo-based web3 social network, have been launched and are growing rapidly with a recent increase in user numbers. The platform recently announced a USDC integration which has attracted many new builders to the ecosystem.

With the launch of decentralized messaging, the true disruptive power of DeSo becomes apparent. It is a platform that can not only disrupt social media, but also a platform that can ensure open communication and freedom of expression for all citizens of the world.

About the DeSo Foundation

DeSo is a new layer 1 blockchain built from the ground up to decentralize social networks and scale storage-intensive applications to billions of users. They raised $200 million and are backed by Sequoia, Andreessen Horowitz, Coinbase Ventures, Social Capital, Polychain Capital, Winkelvoss Capital, Pantera, and others.

$DESO, the native currency of the DeSo blockchain, is listed on Coinbase.

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