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1) One cool application of on-chain social media: In-message verification.

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28) So how about social media? Right now, if you tweet something, and your friend pulls out Facebook, they can’t see your tweet. Social media networks are isolated, not interoperable.

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SBF

@SBF_FTX

Sep 5

2) In theory, if social media messages were on-chain, then in addition to composability between different platforms, you could have the blockchain operate within a tweet. What does that mean?

SBF

@SBF_FTX

Sep 5

3) Well, first, there would be ways to send messages like: "The winner of the protocol governance vote is {xyz}", where {xyz} was a reference to an actual on-chain smart contract, _combined with its value_. And so the tweet would be verifiably correct.

SBF

@SBF_FTX

Sep 5

4) Or, if actual election results were on-chain, you could have verifiably correct social media messages about them. Or anything else with an on-chain value. E.g. "Tokenized AMZN stock is trading at {abc}" or "{lmn} owns the property rights to {opq}"

SBF

@SBF_FTX

5) But you could actually do even more. You could, for instance, tweet out: "Here's a verified fact! 2 + 2 = {print(2+2)}", which would just render as '2 + 2 = {print(2+2):4}'.

7:56 AM · Sep 5, 2022Twitter Web App

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6) And in general, anything that a blockchain could compute--basically anything a computer program that has access to all other blockchain data could compute--you could embed in your message. It would be self-evaluating and automatically verified as accurate (or not!).

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I need to find 6500 dollars in 10 days boss

@SBF_FTX