According to Coindesk, Bluesky, the decentralized social network initiative backed by Twitter founder Jack Dorsey, has already received 30,000 signups over the past 48 hours – and that’s just for its waitlist. The company opened its waitlist on Tuesday and said in a tweet that it will be "rolling out invites to the private beta in stages” due to “overwhelming interest.” Bluesky wants to build a "social internet" and help users avoid data silos that most commonly exist across internet applications. Its soon-to-be-released app is built on a decentralized social media protocol called the Authenticated Transport Protocol, or “AT,” which is aimed at making social media open source and interoperable, allowing users to interact with different applications, all within one ecosystem.