In the wake of uncertainty and controversy surrounding Elon Musk’s purchase of Twitter, approximately 500,000 people have rushed to Mastodon.
In 2016, the German-based non-profit organization Mastodon gGmbH established Mastodon as an open-source network consisting of hundreds of servers that each function as unique social media platforms.
Elon Musk, an inventor of Tesla and SpaceX, formally seized control of Twitter in August of 2016, which set off a chain reaction of debates and reports about planned paywalls and other changes. According to the network, the monthly average number of users has more than doubled, reaching 860,000.
Mastodon’s servers, including mastodon.social, mastodon.online, and mstdn.social, offer Twitter-like interfaces that enable users to publish news feeds with hashtags, re-posts, and likes.
Mastodon aims to differentiate itself from Twitter and other social media platforms. The network describes itself as a “free social networking server” and provides a platform free of algorithms, advertisements, and paywalls.
According to Mastodon, instead of using a top-down approach as Twitter does, the network’s approximately 3,600 separate servers will be managed by autonomous groups and people who will be entrusted with the responsibility of developing rules and moderating content on the sites.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.