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The world&#39;s richest man, Elon Musk, completed the acquisition of Twitter on Friday, October 28. Since Musk announced his ambitions for content control, a lot has happened in the space. As per the most recent information. When Musk was buying a significant position in Twitter around March of this year, Sam Bankman-Fried, the CEO of the cryptocurrency exchange FTX, had some early interest in investing. According to a number of Musk&#39;s private texts that were made available as part of Twitter&#39;s legal battle, the CEO of FTX had expressed interest in integrating blockchain technology on Twitter.Sam Bankman Fried, the CEO of FTX, was eager to spend over $10 billion in Twitter with the intention of bringing blockchain to the social media network.The world&#39;s richest man, Elon Musk, completed the acquisition of Twitter on Friday, October 28. Since Musk announced his ambitions for content control, a lot has happened in the space. As per the most recent information. When Musk was buying a significant position in Twitter around March of this year, Sam Bankman-Fried, the CEO of the cryptocurrency exchange FTX, had some early interest in investing. According to a number of Musk&#39;s private texts that were made available as part of Twitter&#39;s legal battle, the CEO of FTX had expressed interest in integrating blockchain technology on Twitter.Top Bankman-Fried advisor Will MacAskill texted Musk on behalf of SBF. I&#39;m not sure if this is what&#39;s on your mind, but my collaborator Sam Bankman-Fried has been potentially interested in buying it and then improving it for the world for a while, he said in a message to Musk on March 29.Strangely, in his reply, Musk questioned whether SBF had &#34;vast sums of money.&#34; In response, MacAskill stated that SBF was then worth an astounding $24 billion and was prepared to invest somewhere between $8 billion and $15 billion.Text Messages between Musk and SBF Shared on TwitterSam Bankman-Fried, the CEO of FTX, and Musk had a brief text conversation in April. Top bankers and cryptocurrency executives contacted Musk to ask whether he could find common ground with SBF, an organisation that had a lofty ambition for integrating social media and blockchain technology.Musk, however, rejected the proposal and stated that he was not interested in engaging in a &#34;laborious blockchain discussion&#34; with SBF. Speaking to Michael Grimes, a banker at Morgan Stanley, Musk said: Blockchain Twitter isn&#39;t practical because the bandwidth and latency needs cannot be maintained by a peer-to-peer network, unless those &#34;peers&#34; are really massive, which would negate the point of a decentralised network.Building social media platforms on top of <a href="https://www.coingabbar.com/en/crypto-currency-news-english/developers-may-now-mint-transfer-receive-assets-btc-blockchain" rel="noopener noreferrer nofollow">blockchain</a> technologies has attracted the interest of numerous leaders. These decision-makers think blockchain will promote data democratisation. But thus far, not enough has been done in this direction.

FTX Chief Wanted Blockchain Tech on Twitter, Musk Refused

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Další články publikované 4. 11. 2022

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