YouTube, Tron and the Pipedream of Decentralized Social Networks

The Breakdown

Blockworks

Investing, Business

4.8 • 806 Ratings

🗓️ 3 January 2020

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The past few weeks have seen multiple instances of large, centralized tech giants censoring crypto related content and activity. Noticed in the context of the Coinbase Wallet, Apple is pushing back against apps that have anything to do with Dapps. YouTube caused even more of a stir when it took down hundreds of crypto-related videos from prominent influencers without any warning. It later reversed the action, claiming an error, but it was enough to get many to ask: are decentralized alternatives possible? As if on cue, Justin Sun popped up to announce that TRON had struck a deal through which decentralized Twitch competitor and streaming service DLive would be moving to the TRON Blockchain and integrating with BitTorrent’s BLive streaming service. For many, however, TRON’s involvement makes DLive more likely to end up a centralized tool than a disruptive decentralized social network alternative.

Transcript

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0:00.0	Welcome back to The Breakdown, an everyday analysis breaking down the most important stories in Bitcoin, crypto, and beyond, with your host, NLW.
0:15.0	The Breakdown is distributed by CoinDesk.
0:20.0	Welcome back to The Breakdown.
0:22.8	Happy New Year's, everyone.
0:24.0	It is Friday, January 3rd.
0:26.2	And today, we're going to be talking about some of the news from the holiday break,
0:30.3	some important events that happened.
0:32.1	But in the context of what I see as an overarching underlying narrative that connects them.
0:38.3	And so the first story that I wanted to highlight was Apple basically blacklisting apps that
0:45.6	interacted with DAPS at all.
0:47.0	So we saw this in terms of Coinbase wallet.
0:50.3	Coinbase wallet was pressured to drop its DAP browser or be pushed off of the Apple platform.
0:56.5	It's clear that the Apple App Store doesn't want users to have anything to do with DAPs, right?
1:01.5	Decentralized apps.
1:02.5	Brian Armstrong, the CEO of Coinbase, commented on a Reddit thread about this, and he says,
1:07.5	Coinbase CEO here, this is really unfortunate to see.
1:10.5	Apple seems to be eliminating
1:11.7	usage of DAPs from the App Store. If Apple customers want to be able to use DAPS, we may need
1:16.3	to make this request known to Apple in some way. This is an important area of innovation and finance,
1:21.2	and many developers and early adopters of this technology have millions of dollars worth of
1:25.2	crypto tied up in these financial applications,
1:32.3	which they will no longer be able to use on Apple mobile devices if this App Store policy continues.
	...

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