The problem Zenoway solves

A decentralized social media platform solves several problems associated with centralized social media platforms. Here are some of the main problems that we try to solve with it are:

Lack of user privacy: Centralized social media platforms often collect and monetize user data, which can lead to privacy concerns. A decentralized social media platform can address this issue by allowing users to control their data and decide who can access it.

Censorship and content moderation: Centralized social media platforms are often criticized for their content moderation policies, which can be inconsistent or biased. A decentralized social media platform can address this issue by allowing users to moderate their own content or participate in a decentralized moderation system.

Data breaches and hacks: Centralized social media platforms are often targeted by hackers, which can result in data breaches and leaks. A decentralized social media platform can address this issue by using encryption and distributing user data across a decentralized network, making it much harder for hackers to access.

Lack of transparency: Centralized social media platforms often lack transparency in their decision-making processes, such as algorithmic content curation or advertising. A decentralized social media platform can address this issue by providing a more transparent and open system where users can see how their data is being used and how content is being curated.

Challenges we ran into

User Adoption: Decentralized applications often require users to learn new technical concepts and use new tools, which can be a barrier to adoption.

Infrastructure: Unlike centralized applications, decentralized applications require a distributed infrastructure to ensure that the system is always available, secure, and performs well.

Smart Contract Security: Smart contracts are self-executing contracts with the terms of the agreement directly written into code. Ensuring the security and integrity of smart contracts is crucial to preventing fraud and system failures.

Scalability: Decentralized applications need to be designed to scale as the number of users grows. This requires careful planning and optimization of system resources.

Interoperability: Decentralized applications should be designed to work seamlessly with other decentralized applications, allowing users to take advantage of the benefits of a decentralized ecosystem.