TBD’s Web5 takes a different approach than Web3 on how to build a properly decentralized internet, with Bitcoin being the single blockchain used in the project. Jack Dorsey’s Bitcoin-focused TBD business unit, a subsidiary of Block Inc., announced Friday that it is building a new decentralized web: Web5.
Will TBD build a decentralized web based on Bitcoin?
TBD, the subsidiary of Block Inc. headed by Dorsey today announced plans to build a completely decentralized web that revolves around the Bitcoin protocol. The decision sits in life with Dorsey’s strong pro-bitcoin and anti-altcoin stance.
Is 'web5' a decentralized web experience based on Bitcoin?
Former Twitter CEO Jack Dorsey today announced the development of ‘Web5,’ a decentralized web experience that is fully powered by the Bitcoin network. TBD, the subsidiary of Block Inc. headed by Dorsey today announced plans to build a completely decentralized web that revolves around the Bitcoin protocol.
What is TBD & how does it work?
TBD was launched in July 2021. The goal of this company was to create “an open developer platform” that focuses on Bitcoin and decentralized finance (DeFi). The first offering promoted by TBD is a platform that offers a new version of the internet where users will have total control over their data. Your capital is at risk.
