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Decentralized Social Media Rises Amid Meta’s Threads Privacy Concerns and Twitter’s Rate Limit

2 mins
Updated by Michael Washburn
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In Brief

  • Meta's new app, Threads, has raised privacy concerns due to extensive data requirements, provoking interest in decentralized alternatives.
  • Platforms like Odysee are gaining popularity for their user-friendly, transparent operations that balance social engagement with privacy.
  • Despite the growth of these networks, decentralized platforms face challenges in competing with mainstream social media's vast user base.
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The tech giant Meta has unveiled Threads, its newest microblogging app designed to rival Twitter. However, its attempt to enter the microblogging sphere has raised significant concerns. Particularly regarding user privacy and data collection.

Amid these circumstances, numerous decentralized alternatives are emerging as more privacy-friendly options.

Meta’s Threads Data Collection Sparks Concerns

Threads, as per listings on Apple’s App Store, is a text-based conversation app allowing users to carry over their Instagram handles and followings.

According to Chief Product Officer Chris Cox, Meta aims to offer a social media platform managed sensibly with functionalities strikingly similar to Twitter.

“We have been hearing from creators and public figures who are interested in having a platform that is sanely run, that they believe that they can trust and rely upon for distribution,” said Cox.

Still, this assurance has not mitigated the reservations expressed by the likes of Jack Dorsey, former CEO of Twitter. His concerns revolve around the extensive data requirements of Threads.

Meta’s Threads includes collecting data related to health, financial information, contact information, browsing history, location, purchases, and more.

Meta Threads Privacy
Threads App Privacy. Source: App Store

As the debates surrounding Meta’s new application intensify, social media users are starting to gravitate towards decentralized alternatives. In fact, this trend took a significant turn after Twitter put temporary limits on the number of posts users can view. 

Verified accounts are allowed to read 6,000 posts daily. In contrast, those who have not undergone verification and newly established unverified accounts are limited to reading 600 and 300 tweets each day, respectively.

Twitter CEO Elon Musk maintains the decision aims to “address extreme levels of data scraping [and] system manipulation” on the social media network.

“Almost every company doing AI, from start-ups to some of the biggest corporations on Earth, was scraping vast amounts of data,” said Musk.

Is Decentralized Social Media The Answer?

In response to growing privacy concerns, decentralized social media networks are gaining popularity for their transparent, censorship-resistant operations. They aim to balance creating engaging social spaces and respecting their users’ privacy. This is a seemingly challenging task in today’s tech-centric society.

For instance, Odysee, DLive, and DTube have emerged as compelling YouTube alternatives. They have captured almost 44% of user share by average monthly unique visitors. Similarly, Steemit, PeakD, MAIN Community, and Ecency offer decentralized forums resembling Reddit, serving as platforms for discussions and content sharing.

For users seeking a shift from Twitter and Facebook’s traditional model, Gab, Mastodon, Bluesky, Minds, Lenster, and Snort offer enticing alternatives. Indeed, these platforms, built on open-source protocols, provide a space for social networking and microblogging, garnering approximately a quarter of average monthly unique visitors to decentralized social media platforms.

Most Popular Decentralized Social Media
Most Popular Decentralized Social Media. Source: CoinGecko

Despite their rising popularity, decentralized platforms face a significant challenge: competing with their mainstream counterparts’ user base.

Facebook, YouTube, and Instagram command an estimated two billion monthly active users each in 2023. Decentralized platforms can only aspire to reach this figure. Yet, these platforms’ continued exploration and advancement indicate a shift in user preferences influenced by rising privacy concerns.

The race for a “sanely run” social media platform continues. Consequently, it is still unclear whether the centralized giants or the decentralized contenders will prevail.

Top crypto platforms in the US | March 2024

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Bary Rahma
Bary Rahman, a talented journalist, graduated from New York University with a degree in Journalism. Skilled in SEO, she has worked with CNN, showcasing her investigative skills and storytelling abilities. In addition to her journalistic accomplishments, Bary has contributed her expertise as a content writer for Binance, crafting insightful articles on the dynamic crypto industry. Her unique fusion of journalism and SEO makes her a versatile and highly respected figure in the industry.
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