

X (formerly Twitter) has emerged as the primary social media platform for the crypto community, serving as a hub for news, discussions, and market insights.
Blockhain technology pioneer Charles Hoskinson has approached Elon Musk on X (formerly Twitter) to integrate decentralized identifiers (DIDs) into the platform to bolster security measures. This proposal follows a string of hacking incidents on the platform, including the hacking of SingularityNet CEO Ben Goertzel's account, which was used to disseminate scam links, prompting Goertzel to apologize to his followers for the breach.
In response to Musk's recent acquisition of X, Hoskinson, also the co-founder of the Ethereum blockchain, highlighted the potential of DIDs to address the platform's security concerns. Hoskinson's پیشنهاد to integrate DIDs into X is part of a broader effort to enhance the platform's identity framework. This move aligns with Musk's pro-crypto stance and is expected to further strengthen the crypto community's presence on X.
Hoskinson's پیشنهاد to implement this solution for free comes amid discussions on decentralized social media platforms, with Musk's interest in creating an "everything app" also garnering attention. Prior to Musk's bid for X, Hoskinson had expressed interest in establishing a decentralized social media platform using blockchain technology.
This news comes as X, now under Musk's leadership, continues to serve as a primary hub for crypto news, discussions, and market updates. The platform also provides a platform for crypto enthusiasts to connect and engage with the latest developments in the space.
As of 16 July 2024, the price of ADA coin, the native token of the Cardano blockchain, is trading at $0.452, up by 12% in the last 30 days period.
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