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Changes to the foundations of its technology are being announced. The company said in a Wednesday post that it will support the development of an open-source protocol that will create a consensual version of the core functions of the platform. The company says that the protocol will enable anyone, even competitors, to build upon or use it.
An independent organization will start the development of the protocol, and the company will give a group funding, appoint a board, and be one of the protocol's first clients. It is making a governance lab that is responsible for the development of the protocol governance. The protocol will be built on the Celo open-source block chain.
The new company making the protocol does not have a name, according to the report. The company didn't reply to the request for comment about the change, but did say in its website that the experience will stay the same.
The Bluesky social network standard was kicked off by Twitter. It was announced in December, but is still in its infancy, having just hired a project lead.
