CryptoWatch: All About Jack Dorsey's Bluesky Decentralized Blockchain Platform, Cryptocurrency Prices

This week on CryptoWatch centers on the future of the blockchain, particularly the famed decentralized platform from Jack Dorsey, Bluesky, which saw a significant achievement earlier last week. It already saw it going past the 2 million user mark, but it is not stopping there, as the company is looking to also launch its public web interface that would deliver improved access to the platform.

Moreover, it is a great time to get an update on the cryptocurrency coin prices in the world now, centering on the top-grossing ones in the market.

Jack Dorsey's Bluesky Surpasses 2 Million Users After a Year

When Jack Dorsey left the then Twitter, he did not stop his development of creating a blockchain-based platform that would offer a decentralized experience to the world, and on November 16, 2022, Bluesky was born and opened its doors. Despite the app being an invite-only for those interested to join, it grew into a massive one which now sees 2 million users after a year.

As per the platform's latest blog post, amidst this plan to expand more of Bluesky comes its federation this year, with the company working towards liberating the experience from the reliance on a single platform.

One of the goals claimed by Bluesky's team centers on developing it to be a "billionaire-proof" platform that will give users the liberty of staying or leaving it.

Bluesky Setting Up Launch for Public Web Interface

The latest milestone that Bluesky announced is its plans for the future of the platform, and it plans to set up the upcoming launch of its public web interface will arrive by 2024.

This upcoming phase of the platform will commence by next month, December, which will initially set up the public interface which is highly anticipated by the public. It aims to enhance more of the accessibility and decentralization that will center on its federation capabilities that is expected to arrive by early next year, centering on its plans to offer more of what X cannot.

Soon, it will be a platform that would offer similar features to Mastodon, centering on its quest to be an X rival, offering users a way to switch between servers should they choose to.

Top Cryptocurrency Coin Prices Now

There is still an ongoing rally in the world of cryptocurrency now, with the top coins still seeing a stellar growth in the present as per CoinMarketCap, with the Fear & Greed Index seeing green among the assets.

• Bitcoin (BTC) - Price: $37,299.54 | 0.50 percent increase over the past seven days
• Ethereum (ETH) - Price: $2,0006.71 | 1.98 percent decrease over the past seven days
• Tether (USDt) - Price: $1.00 | 0.03 increase over the past seven days
• Binance Coin (BNB) - Price: $246.60 | 0.36 percent decrease over the past seven days
• XRP - Price: $0.6253 | 5.53 percent decrease over the past seven days
• Solana (SOL) - Price: $60.93 | 8.20 percent increase over the past seven days

While many coins saw incremental decreases, these are small and expected to fluctuate, and are far from the collapse that they saw a year ago, with their prices generally good in the present.