Jack Dorsey: Social media should be a free and open protocol, will create a new funding category "Open Internet Development"

Jack Dorsey, the co-founder of Twitter, summed up three principles that social media should follow: 1. Social media must be flexible to the control of companies and governments; 2. Only the original authors can delete the content they made; 3. Moderation is best through algorithms Choose to implement. Twitter does not fit these principles, and the only way to truly abide by these 3 principles is to develop a free and open protocol for social media that is not owned by one company or group of companies and that is resilient to corporate and government influence. To accelerate work on the open internet and protocols, a new funding category "Open Internet Development" will be created, according to Jack Dorsey. Funding focused on engineering teams working on social media and private communication protocols, Bitcoin and pure web mobile operating systems. Grants will begin next week, starting with $1 million a year for Signal.