Asia Morning Briefing: All Eyes on TON as Elon Musk Pours Cold Water on xAI Deal Talks

BlueSky, a new social media platform being developed by Jay Graber, has attracted attention for its unique approach to decentralization. Graber, a former software engineer at Zcash, has stated that while decentralization is a key focus of BlueSky, the platform will not be utilizing blockchain or cryptocurrency technologies.

Graber's stance on decentralization highlights a growing trend in the tech industry where companies are exploring ways to empower users and increase transparency by decentralizing control of data and content. By embracing decentralization, BlueSky aims to provide a platform that prioritizes user privacy and data ownership.

While blockchain and cryptocurrency are often associated with decentralization, Graber's decision to exclude these technologies from BlueSky is notable. Blockchain technology, which underpins cryptocurrencies like Bitcoin and Ethereum, has been praised for its ability to secure transactions and data in a decentralized manner. However, it also comes with challenges such as scalability issues and environmental concerns due to energy-intensive mining processes.

Graber's experience in the crypto space may have informed her decision to separate decentralization from blockchain and cryptocurrency. As a former software engineer at Zcash, a privacy-focused cryptocurrency, Graber likely understands the complexities and limitations of blockchain technology. By opting for a different approach to decentralization, BlueSky could potentially avoid the pitfalls associated with blockchain technology while still providing a decentralized social networking experience.

In other news, the Trump administration has taken its trade dispute with a yet-to-be-named entity to court. The specifics of the trade dispute have not been disclosed, but the move signals escalating tensions in global trade relations. The outcome of the court case could have significant implications for international trade policies and relations.

Trade disputes have been a recurring issue in global economics, with countries and entities engaging in negotiations, tariffs, and legal battles to protect their interests. The involvement of the Trump administration in this particular trade dispute adds a layer of complexity and uncertainty to the situation.

As the court case unfolds, stakeholders will be closely watching for any developments that could impact trade agreements and economic stability. The outcome of the dispute could influence future trade policies and set a precedent for how similar disputes are resolved in the future.

Overall, the developments surrounding BlueSky's approach to decentralization and the Trump administration's trade dispute underscore the complex and interconnected nature of technology and global economics. Both issues have the potential to shape the future of their respective industries and will continue to be closely monitored by industry observers and policymakers alike.

Source: https://www.coindesk.com/markets/2025/05/28/asia-morning-briefing-all-eyes-on-ton-as-elon-musk-pours-cold-water-on-xai-deal-talks

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