Since Elon Musk's acquisition of Twitter, now known as X, alternative platforms like Bluesky have emerged. Bluesky, which has reached over 30 million users, benefits from policy shifts at X that spurred user migration. Created by Jack Dorsey, the app uses an open-source framework and offers a Twitter-like experience with community-focused moderation. However, its growth has plateaued as it competes against Meta's Threads, which has 275 million monthly active users, highlighting the challenges of sustaining rapid user acquisition in a changing social media landscape.
"Bluesky has surpassed 30 million users due to policy changes at X, like a controversial block feature revision, and a significant exodus after the 2024 U.S. presidential election."
"While Bluesky's growth is impressive, it faces challenges as it competes with Meta's Threads, which boasts 275 million monthly active users. "
"Bluesky, which is decentralized and rooted in an open-source framework, was conceptualized by Jack Dorsey, aiming to provide transparency and community-specific moderation."
"Dorsey highlighted that the Bluesky project, initiated in 2019, was designed to establish a decentralized standard, with funding for a small independent team of developers."
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