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Repurposing random shit from the cryptocoin world since those projects mostly failed, and by god will they find a use for these things.
I feel this explains it well - https://atproto.com/guides/faq
I have still never bought this reasoning. A far better approach would be to propose an ActivityPub 2.0 as an RFC.
In my opinion, as long as it is not an RFC, it will go nowhere.
