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Meta working on text-based decentralized social network codenamed P92

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Summary

Meta, the parent company of Facebook and Instagram, is reportedly creating a separate text-based content app called P92 to support ActivityPub, the decentralized social networking protocol that powers Mastodon and other decentralized apps that compete with Twitter. It will enable users to broadcast posts to people on other servers, and will include features such as tappable links in posts, user bio, username, verification badges, images and videos that can be shared. It is unclear whether commenting and messaging features will be included in the product’s first version. The app will adhere to the company’s current privacy policy, but it will also have a supplementary privacy policy and terms of service that specifically address cross-app data sharing.

Q&As

What is Meta reportedly creating?
Meta is reportedly creating a separate text-based content app.

What protocol will the app support?
The app will support ActivityPub — the decentralized social networking protocol.

What features will the app include?
The app will include features such as tappable links in posts with previews, user bio, username, verification badges, images and videos that can be shared, followers and likes.

How will the app handle data sharing?
The app will have a supplementary privacy policy and terms of service that specifically address cross-app data sharing.

What will the product integrate from the start?
The product will integrate a rights manager for first-party content from the beginning but not third-party content from other apps and servers.

AI Comments

👍 This article is extremely informative and provides great insight into the development of Meta's new decentralized text-based social network.

👎 The article does not provide enough detail about the features of the upcoming product, making it difficult to understand the full potential of the app.

AI Discussion

Me: It's about Meta, the parent company of Facebook and Instagram, reportedly creating a text-based, decentralized social network that will support ActivityPub and compete with Twitter.

Friend: Wow, that's really interesting. What implications does this have?

Me: Well, it could potentially cause a major shift in the social media landscape, as people have been increasingly looking for alternative platforms to Twitter. It could also result in more competition in the social media space, as more companies try to tap into the decentralized social network trend. It could also mean more options for content creators to monetize their work, as the app will integrate a rights manager for content. It will be interesting to see how this all plays out.

Action items

Research other decentralized social media platforms and compare their features to the upcoming P92 app.
Follow Meta on social media to stay up to date on the development of P92.
Create a list of features that you would like to see in the P92 app and share it with Meta.

Technical terms

Meta: Meta is a technology company that owns Facebook and Instagram.
ActivityPub: ActivityPub is a decentralized social networking protocol that powers Mastodon and other decentralized apps that compete with Twitter.
MVP: Minimum Viable Product, a version of a product with just enough features to satisfy early customers and provide feedback for future product development.
ERC Token: Ethereum Request for Comments (ERC) token is a type of cryptocurrency token built on the Ethereum blockchain.
Opportunity Cost: Opportunity cost is the cost of an alternative that must be forgone in order to pursue a certain action.
Time Value of Money (TVM): Time value of money is the concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.