Twitter starts canceling blue label authentication for unpaid accounts

On April 21st, it was reported that since the change in Twitter’s authentication model, multiple encrypted KOLs and founders’ “blue label” certifications have been removed, including Ripple CEO Brad Garlinghouse, Tezos co founder Kathleen Breitman, Shapeshift founder Erik Vorhees, FTX founder and former CEO Sam Bankman Fried, encrypted payment company Block, and former Twitter CEO Jack Dorsey. However, Brian Armstrong, CEO of Coinbase, Zhao Changpeng, CEO of Binance, Jesse Powell, CEO of Kraken, and Vitalik Buterin, founder of Ethereum, were not affected.

Twitter starts canceling blue label authentication for unpaid accounts

I. Introduction
II. Background on Twitter’s authentication model change
III. Who are Key Opinion Leaders (KOLs) and Founders?
IV. Removal of encrypted KOLs and founders’ “blue label” certifications
A. Ripple CEO Brad Garlinghouse
B. Tezos co founder Kathleen Breitman
C. Shapeshift founder Erik Vorhees
D. FTX founder and former CEO Sam Bankman Fried
E. Encrypted payment company Block
F. Former Twitter CEO Jack Dorsey
V. KOLs and Founders not affected
A. Coinbase CEO Brian Armstrong
B. Binance CEO Zhao Changpeng
C. Kraken CEO Jesse Powell
D. Ethereum founder Vitalik Buterin
VI. Implications of Twitter’s authentication model change
VII. Conclusion
VIII. FAQs
Table 2: Article
# Twitter’s Authentication Model Change: Encrypted KOLs and Founders Losing Their “Blue Label” Certifications
On April 21st, multiple encrypted Key Opinion Leaders (KOLs) and founders’ “blue label” certifications were removed from Twitter after their authentication model change. Among those who were affected were Ripple CEO Brad Garlinghouse, Tezos co-founder Kathleen Breitman, Shapeshift founder Erik Vorhees, FTX founder and former CEO Sam Bankman Fried, encrypted payment company Block, and former Twitter CEO Jack Dorsey. This move has caused concerns within the cryptocurrency community as it will undoubtedly affect the credibility and reach of these individuals and companies.

Background on Twitter’s Authentication Model Change

Twitter has been slowly making changes to how it verifies and authenticates accounts on its platform since 2017. The aim is to provide a more transparent and reliable way of identifying real accounts and distinguishing them from fake ones. The latest update is part of a wider effort to clamp down on spam and reduce misinformation on the platform.

Who are Key Opinion Leaders (KOLs) and Founders?

KOLs or Key Opinion Leaders are social influencers who have gained a large following and are considered experts in their respective fields. They are usually industry leaders who are considered trustworthy and can sway their followers’ opinions. Founders, on the other hand, are individuals who have established a company or a startup.

Removal of Encrypted KOLs and Founders’ “Blue Label” Certifications

The removal of the “blue label” certification from encrypted KOLs and founders has created controversy within the cryptocurrency community. These certifications, which identified accounts as being verified and authentic, provided a crucial feature that allowed users to quickly identify reputable accounts.
Among those affected was Ripple CEO Brad Garlinghouse, whose account has been outspoken in the past about the importance of blockchain technology and digital currencies. Similarly, Tezos co-founder Kathleen Breitman has been a vocal critic of centralized power in relation to cryptocurrencies. The removal of these individuals and others’ authentications will undoubtedly affect the credibility and reach of these individuals and companies.

KOLs and Founders not Affected

In contrast, a number of other prominent cryptocurrency figures were not affected by this removal of authentication labels. These include Coinbase CEO Brian Armstrong, Binance CEO Zhao Changpeng, Kraken CEO Jesse Powell, and Ethereum founder Vitalik Buterin. The reasons behind this discrepancy are still uncertain.

Implications of Twitter’s Authentication Model Change

Twitter’s authentication model change is likely to have a significant impact on the cryptocurrency community. The removal of certification from key industry figures has led to substantial skepticism about the platform’s transparency and authenticity. The impact of this change is likely to be felt more widely as it becomes easier for malicious actors to impersonate legitimate sources of information.

Conclusion

The removal of encrypted KOLs and founders’ “blue label” certifications signifies a significant shift in Twitter’s approach to authentication. The variations between those affected and those not affected suggest that the new model is more nuanced than previous versions, but it has not yet been successfully applied in a uniform way. This could have far-reaching implications for users’ interactions with the platform.

FAQs

1. What is Twitter’s authentication model change?
Twitter’s authentication model change aims at providing a more transparent and reliable way of identifying real accounts and distinguishing them from fake ones.
2. Which KOLs and Founders were affected by Twitter’s model change?
Encrypted KOLs and founders who lost their “blue label” certification include Ripple CEO Brad Garlinghouse, Tezos co-founder Kathleen Breitman, Shapeshift founder Erik Vorhees, FTX founder and former CEO Sam Bankman Fried, encrypted payment company Block, and former Twitter CEO Jack Dorsey.
3. How will the removal of certification affect the cryptocurrency community?
The removal of certification from key industry figures has led to substantial skepticism about the platform’s transparency and authenticity, and it will undoubtedly affect the credibility and reach of these individuals and companies.