X has been banned in Brazil. The French government has charged Telegram's founder with some pretty outrageous crimes. Decentralized social platforms are what the world needs right now — more than DeFi and more than RWAs.
The blockchain and social media landscapes are on the cusp of a major transformation, thanks to LUKSO's newest innovation — the Universal Follower System.
This feature, announced recently, promises to unify social connections across decentralized platforms, offering a seamless follower experience like never before.
Introduction to LUKSO's New Universal Follower System
LUKSO, an L1 EVM-based blockchain, has always been at the forefront of integrating blockchain technology with social, creative, and cultural use cases.
Now, with the Universal Follower System, they are taking a massive step toward changing how users connect and interact online. This latest innovation solidifies LUKSO's role in the ecosystem and sets a new standard for digital identity and social interactions.
How It Works
At its core, the Universal Follower System is a smart contract-based solution designed to create a unified follower registry across various decentralized applications (dApps).
Unlike traditional social media platforms where followers are siloed within each app, LUKSO's system allows users to retain their followers across multiple platforms. If two users follow each other on one dApp, their connection is preserved across other dApps in the LUKSO ecosystem.
The technical aspects of this system are rooted in blockchain tech, keeping follower data secure, transparent, and immutable. By recording all follower interactions on-chain, LUKSO guarantees that users have full control over their social connections, free from the constraints of centralized platforms.
Unique Features and Use Cases
The Universal Follower System boasts several unique features that set it apart from traditional follower mechanisms:
The system has the potential to redefine how we perceive and manage our social connections in a decentralized world.
Why Blockchain?
LUKSO is a next-generation EVM Layer-1 blockchain designed to revamp social, creative, and cultural domains. The platform unlocks unprecedented opportunities for dApps and on-chain experiences using new smart contract standards.
The introduction of the Universal Follower System aligns perfectly with LUKSO's mission to transform how people interact with blockchain technology.
Through these initiatives, LUKSO is paving the way for a more inclusive and user-centric blockchain ecosystem.
Universal Profiles
Central to LUKSO's vision is the concept of Universal Profiles, based on the ERC 725 standard. Introduced by Fabian Vogelsteller in 2017. ERC 725 allows for the creation of smart contract accounts that can hold any information and be controlled by multiple private keys.
LUKSO's Universal Profile is the first fully standardized smart contract account. It is a multi-functional profile that works across websites, social accounts, and blockchain wallets. This user-centric design ensures that individuals have complete control over their digital identity, making online interactions more secure and personalized.
Deploying and Using Universal Profiles
Deploying a Universal Profile on LUKSO is a straightforward process. Here's a step-by-step guide:
By deploying and using Universal Profiles, users can enhance their digital presence and make online interactions more meaningful and secure.
Decentralization Is the Foundation for the Future of Social Platforms
The introduction of the Universal Follower System and Universal Profiles has far-reaching implications for the future of social media, blockchain adoption, and digital identity. The platform will create a more interconnected and user-centric digital ecosystem where individuals have full control over social connections and online interactions.
LUKSO's Universal Follower System will change social media. By offering a unified follower experience across decentralized platforms, LUKSO is setting a new standard for digital identity and social interactions.
For those looking to stay ahead of the curve, now is the time to get involved with LUKSO and experience the future of digital identity firsthand.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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