Jack Dorsey joins Bluesky PBLLC board of directors

by in Cryptocurrency News

Jack Dorsey

Bluesky, a project to develop an open decentralized standard for social networks, announced the creation of an independent organization, Bluesky PBLLC. Twitter co-founder Jack Dorsey joined the board of directors.

“Our mission is to develop and drive the widespread adoption of technologies for open and decentralized public communication,” the statement said.

In addition to Dorsey, the organization's board includes Jabber/XMPP creator Jeremy Miller and Bluesky CEO Jay Graber.

“We are introducing an open social media ecosystem that gives developers more power to create and innovate, and users more choice and control over what services they use,” Bluesky said.

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In 2019, Dorsey announced the creation of Twitter-funded Bluesky, a social media decentralization initiative. It could take years to develop a standard, he said.

Previously, Dorsey did not rule out integrating a Lightning Network (LN) layer-two solution into Bluesky or Twitter. In the fall of 2021, the social network created the Twitter Crypto division. The plan was for the team to take care of everything related to Web 3.0 and work closely with Bluesky.

In November, Dorsey stepped down as head of Twitter but remained on the board of directors until his term expires at the 2022 shareholder meeting.

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In December, Dorsey founded and led payments company Square changed its name to Block to highlight its commitment to the blockchain.

His other project, Spiral (formerly Square Crypto), introduced a set of tools for developing cryptocurrency wallets and other technical solutions based on LN in the same month.