#CyberConnect is a new generation Web3 social network that empowers developers to create social applications, giving users full ownership of their digital identity, content, connections, and interactions.
The vision behind CyberConnect is to revolutionize social networking on the internet by returning control of identity, content, and social data to users.
CyberConnect wants to decentralize social media, providing a fairer, more direct, and decentralized environment for creators to grow their audiences.
So why do we need a new kind of social media infrastructure?
New kind of social media
The advantages of a decentralized social graph are evident. First and foremost, it counters censorship issues that arise from centralized control of social data.
With a few large companies having control over what content is propagated, such as Facebook, Instagram, Twitter, and more, political or unsolicited censorship can occur, stifling freedom of expression.
Additionally, Web2 social media platforms tend to undervalue content creators, who produce valuable content that benefits the world.
Conversely, CyberConnect seeks to empower content creators, allowing them to capture the full value of their contributions. This means more controlled monetization processes.
Web2's centralized structure results in siloed and redundant social data, making it difficult for users to move their data between platforms.
This creates high switching costs and inhibits innovation as independent developers lack access to comprehensive user data.
CyberConnect promises to change this for the world of social media.
Components of Cyberconnect
After a year of expanding CyberConnect V2, the team has gained valuable insights into the challenges of Web3 social and the potential to reach billions of users globally.
With the introduction of CyberConnect V3, the protocol is poised to enter a new phase of hyper scalability and deliver a social networking experience that users will find familiar and user-friendly, akin to Web2 platforms.
This new phase Brough about the introduction of these three core components:
CyberAccount
CyberGraph
CyberNetwork.
CyberAccount
CyberAccount is a suite of smart contracts that represent a user's self-sovereign digital identity, content, and social connections.
It is different from what is obtainable today. With a CyberAccount, a user can connect with anyone from any social media platform that uses the CyberConnect protocol.
CyberGraph
CyberGraph is a decentralized, censorship-resistant, and user-owned alternative to traditional social graphs, enabling the next generation of social networking platforms.
A social graph represents social relationships and connections between individuals or entities in a social network, like friends on Facebook.
It is used for analyzing social interactions, user behavior, and network dynamics. However, it can also raise privacy concerns due to its ability to reveal connections between individuals and their online activities.
In a decentralized system, the issue of privacy is taken care of as anonymity replaces an open system seen in today's social media graphs.
CyberNetwork
CyberNetwork aims to provide a gas-efficient and scalable solution to storing data on blockchains, making Web3 social networks accessible to a larger user base.
With these three components, CyberConnect has a plan to usher in a new world of possibilities.
It has also announced plans to extend its reach across multiple chains, enabling users to access decentralized social media services where they have control.
Also, Binance made an announcement for users who are interested in farming the #CYBER token on its Launchpool.
See details here:
https://www.binance.com/en/support/announcement/introducing-cyberconnect-cyber-on-binance-launchpool-farm-cyber-by-staking-bnb-tusd-and-fdusd-7d1f62e7483d406584a754a38094358a
