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We tried to run a social media site and it was awful
(www.ft.com)
This magazine is dedicated to discussions on the federated social networking ecosystem, which includes decentralized and open-source social media platforms. Whether you are a user, developer, or simply interested in the concept of decentralized social media, this is the place for you. Here you can share your knowledge, ask questions, and engage in discussions on topics such as the benefits and challenges of decentralized social media, new and existing federated platforms, and more. From the latest developments and trends to ethical considerations and the future of federated social media, this category covers a wide range of topics related to the Fediverse.
This is incorrect, passwords should be hashed, not encrypted. Hashing is only one way (unless you use a terrible hashing algorithm or your attackers have access to a quantum computer), these hashes are also often salted, which means adding extra data to the hash to protect against some attacks