Fucking Christ the @protocol is the most obtuse crock of shit I've ever looked at. It is complex solely for the sake of being complex and still suffers from *all* of the same problems as Mastodon.
Your server goes down? Sorry, all of your followers are lost. Account portability is no better than Mastodon. 'DIDs' serve literally no purpose. And none of the API code that Bluesky uses in their own app validates ANY of the crypto they're doing on the server. NONE OF IT.
I think the fundamental reason why we keep seeing more and more bullshit protocols and projects pop up like this is one fundamental mindset: a refusal to attribute the problems of the modern internet solely to capitalism.
The fact is that our protocols we have today generally work pretty great. The choice of protocols hasn't made the internet what it is today. It's the fact that unrestrained, late-stage neoliberal capitalism is reaching its logical conclusion: corporate control of commons.
Sam 
Vexnatos