The creator of Cryptocat manages in just one day to raise $ 100,000 to launch Capsule, his decentralized social network project



Between 2011 and 2019, Nadim Kobeissi - an expert in cryptography of Lebanese origin - dedicated himself to developing an end-to-end encrypted messaging application called Cryptocat, one of the most secure while said project was active.



Now, Kobeissi has Another project in mind: create a P2P social media technology. According posted on Twitter last day 10,




"I am designing a decentralized solution for social networks where each user hosts their own microservice. [microservicios] they are then connected to each other in a mesh, allowing further [a otros usuarios] and share posts. It will be lightweight, easy to use and safe. "




And he concluded his tweet by asking "Are you interested in financing its development?" Kobeissi declared yesterday that he was surprised by the interest that his project has aroused, since their expectations didn't go beyond 60 retweets and maybe start a Kicktstarter campaign later.



From tweeting to running a startup in (literally) one day



But things got a little out of hand:




"Last Sunday, eight days ago, I was suddenly running a Delaware company valued at $ 10 million with $ 100,000 in pre-seed funding, which is crazy. Complete madness. "




Sudden financial backing, from Balaji Srinivasan (ex-Coinbase CTO), William J. Pulte (real estate investor) and Wamda Capital.







¿"Let's go to Mastodon"? ... the history of massive Twitter abandonments teaches us that they don't last long





Now the calendar Capsule (name of your project, which already has a website), goes through having an MVP (minimum viable product) in the form of a web app for the month of March, which will give you the opportunity to start a round of raising seed capital with which to hire staff and start developing mobile apps.



What makes Capsule different?



But Capsule is only, for now, one more in the long list of decentralized services (either through P2P or federated technologies) that have been proposed to restructure the power structures in the field of social networks: we can cite examples such as Mastodon, Diaspora, Urbit or Scuttlebutt.



But Kobeissi claims that Capsule is something quite different from these other projects:




"Mastodon is simply self-hosted Twitter, with thousands of users on a single server, which makes it a target for removal. My proposal is strictly 1 user = 1 self-hosted microservice".



"In front of Scuttlebutt or Urbit, I bet extreme ease of implementation: you execute a single command and you get a microblog with an HTTPS site which immediately becomes part of a mesh ".




Kobeissi claims that what happened in recent weeks (that Twitter censored thousands of accounts of Trump and his followers and that Parler was later taken down by his suppliers) demonstrates the importance of prevent big tech from lacking the capacity to make those kinds of decisions.







IndieWeb, the movement that seeks to remove users from "walled gardens" what are the big online platforms





So your goal now goes through avoid the risk of a massive takedown of accounts or platforms through P2P microservices. Such microservices




"configure a server [en tu equipo], they contact Let's Encrypt to get you an SSL certificate, they use SQLite to create a serverless database ... all the web server assets are inside the binary file. "



"Then for the mesh federation thing, we are just making HTTPS calls and then we have decentralized caching of databases and so on. [...] Thus, with Capsule, each content creator will have their own website with their own address, something like Capsule.Greenwald.com".




Kobeissi recognizes that it will still be possible for each user's hosting provider to choose to leave them 'offline', as AWS did with Parler ... but unlike in that case, a single provider will not be able to act en masse against the entire network.



Via | TechCrunch