this post was submitted on 12 Jun 2023
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Lemmy.World Announcements

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I think this decentralization and federation is what web3 is all about, without all the corporations calling everything to do with monkey pixel art that costs a million dollars "web3"

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[โ€“] Hyperslob@lemmy.world 20 points 1 year ago (3 children)

I'm enjoying the lemmy.world experience, and I believe decentralised social networking could be the future. I am a refugee from Reddit and hopeful there is hope for a open, community focused platform.

As for this platform, I am apprehensive about somebody running the server I have my account with having the power to remove my account and my posts, but I guess this is true of any network in existence.

My concern in the long run is who pays for the hardware and energy costs even if it is federated. Without some kind of reliable funding model who will pay the bills?

Hopeful for many enjoyable encounters in the Fediverse.

I agree. I think there are moderstion logs though which is a good step towards transparency, I think there should be admin logs too for the same.

As for the running costs, I hope there is a more transparent system rather than running it for profit and selling it to corporations.

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