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Cryptocat author gets insanely fast backing to build P2P tech for social media


The idea for Capsule started with a tweet about reinventing social media.
A day later cryptography researcher, Nadim Kobeissi — best known for authoring the open-source E2E-encrypted desktop chat app Cryptocat (now discontinued) — had pulled in a pre-seed investment of $100,000 for his lightweight mesh-networked microservices concept, with support coming from angel investor and former Coinbase CTO Balaji Srinivasan, William J. Pulte and Wamda Capital.

I’m designing a decentralized social media solution where each user hosts their own microservice. These then connect to one another in a mesh, allowing following and sharing posts. It will be lightweight, user friendly and secure.

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