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If the replacement is a federated social network, then there may be 2/3 large competing players for the interfacing part.

My dream is a cryptocurrency based social network, so that those running p2p nodes can also get paid. Also the end clients can compete with each other for the interface part - dumb/some-algo based (Facebook can also be one of the clients ;-))

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Proof of Stake, then? Blockchain pays you in coins that are earned randomly by hosting a node? The node would need to then be part of a big distributed file system since any even halfway decent social network would be way too large to host at home. I don't mind the idea, but where does the value of the coin come from? do you have to buy one to join? do you need to rent a coin to have access to the account? Social networks are subscriptions (or they should be, since the costs of hosting are recurrent), so what would the economic model be in "mining" and hosting one? What would give the token a value?

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