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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Did Vitalik Buterin Sign Up For This Subsocial Web3 Feature?

Reynaldo Marquez
Reynaldo Marquez
Last Updated: April 21, 2022 3:47 am
2 mins read
Vitalik Buterin Polkadot Electricity Consumption Is Less Than Solana, Bitcoin, And Ethereum

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Vitalik Buterin, the inventor of Ethereum, was one of the first users to sign up for the Subsocial’s Dotsama Domains. At least, someone registered the domain vitalik.web3 on the platform. Via their official Twitter handle, Subsocial welcomed Buterin as they celebrated a new milestone for the platform.

Related Reading | Ethereum Founder Vitalik Buterin Welcomes Another Crypto Winter

Welcome to Subsocial @VitalikButerin 👏👏👏 pic.twitter.com/7orYlmbmRT

— Grill + Subsocial + SUB (@SubsocialChain) April 19, 2022

Supported by Polkadot, Subsocial is a suite of substrate pallets with a web user interface, per their official website. The platform enables users to launch their own decentralized social media network.

In that sense, Subsocial describes itself as “a platform for building social networks”. The user under the Vitalik Buterin domain will be able to use it for Polkadot and the Kusama ecosystem.

What Vitalik Buterin Can Do With A Dotsama Domain

Similar to the Ethereum Name Service (ENS), these features enable users to own their domain and redirect it “anywhere”, integrated with Subsocial decentralized applications (dApps), or any Dotsama dApp.

In that way, the user can be easy to find across the entire ecosystem and have more control over their data. The team behind Subsocial said:

Having a single username across hundreds of social dapps will be very convenient, and the consistency would help people to find you on any app. We built a workaround for a non-existent centralized Web2 .sub TLD, and acquired sub.id domain name to redirect Web3 subdomains for all of the Dotsama Domains usernames.

The domains can vary from user to user, some can use the .polka, .ksm, .sub, .movr, or others. SUB holders will have access to 3 different domains.

In addition, the platform claimed to be working on a feature that will enable Web3 creators to monetize their work. Similar to how OnlyFans, Patreon, and other websites operate but are powered by Subsocial’s decentralized platforms.

Vitalik Buterin And The Social Media Debate

Social media has come under the spotlight lately as Tesla’s CEO Elon Musk made Twitter shareholders a multi-billion offer to take over the platform. This has been a cause for controversy in the crypto community as some users believe Musk would “save” the platform, and others that it could “ruin” it.

The inventor of Ethereum weighed in on this debate. Via his personal Twitter account, he said the following:

Don’t oppose Elon running twitter (at least compared to status quo), but I do disagree with the more generalized enthusiasm for wealthy people/orgs hostile-takeovering social media firms. That could easily go *very* wrong (e.g. imagine an ethically-challenged foreign gov doing it)

Related Reading | The Weird Relationship Between Ethereum’s Price And Vitalik Buterin

At the time of writing, Ethereum (ETH) trades at $3,000 with sideways movement on the 4-hour chart.

Ethereum ETH ETHUSD Vitalik Buterin
ETH moving sideways on the 4-hour chart. Source: ETHUSD Tradingview
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Reynaldo Marquez
Reynaldo Marquez

Reynaldo Marquez

A literature major, Reynaldo Márquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide.
In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride.
He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times.
In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson’s ‘Neuromancer.’ The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau’s ‘Civil Disobedience.’
But that’s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term.
In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry.
Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

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