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bluesky
@bluesky
Given the surge of interest in Twitter's future, we thought this would be a good time to clarify the relationship between Bluesky and Twitter.
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bluesky
@bluesky
Both Twitter and Bluesky realized that our independence is important to the success of the project, which is why we established an independent company to ensure that we serve the broadest possible interests.
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bluesky
@bluesky
The “public benefit” part of our structure gives us the freedom to put our resources towards our mission without an obligation to return money to shareholders. The company is owned by the team itself, without any controlling stake held by Twitter.
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bluesky
@bluesky
Bluesky has received $13 million to ensure we have the freedom and independence to get started on R&D. Former Twitter CEO
@jack
is on our board, & a former Twitter security engineer has joined the team.
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bluesky
@bluesky
It’s been a long time coming, but the Bluesky PBLLC is now an independent organization formed to implement our vision! Stay tuned for updates. blueskyweb.org/blog/2-7-2022-
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bluesky
@bluesky
Twitter's funding of Bluesky is not subject to any conditions except one: that Bluesky is to research and develop technologies that enable open and decentralized public conversation.
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bluesky
@bluesky
We’ve written about how we think a durable protocol requires self-authenticating components, which require no external evidence of authenticity. This way, even if people choose to use servers run by private companies, they’ll never be locked in.
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bluesky
@bluesky
With the new team on board, we’re ready to share some of the groundwork we've been doing for Bluesky. blueskyweb.xyz/blog/3-6-2022-
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bluesky
@bluesky
It's rare for a project to be set up like this. We’re using our freedom to focus on building, and will work towards our vision of a durable protocol for public conversation no matter what happens.
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