# Elon Musk Confirms New ‘XChat’ Messaging Possibility Rolling Out This Week

After it was noticed in reside testing by some customers final week, X proprietor Elon Musk has now confirmed {that a} new model of what he’s calling “XChat” is now out there to some X Premium subscribers, and coming to all paying X customers this week.

The brand new model of X DMs is constructed on a complete new back-end structure, which can allow X to construct a extra sturdy model of its so far clunky encryption providing.

Musk says that the brand new XChat will characteristic:

• Full encryption by default
• Vanishing messages
• The power to ship file attachments
• Audio and video calls (with out a cellphone quantity)

Musk says that the brand new service is constructed on “Rust with (Bitcoin model) encryption”, providing a brand new stage of safety for X DM customers.

Although, as many have identified, Bitcoin isn’t encrypted, and in reality, is sort of the alternative, in that each one Bitcoin transactons are viewable on the blockchain.

Which is type of the purpose of decentralized foreign money, however regardless, the brand new model of X messaging is constructed on a brand new framework, which X says will present all new alternatives to make use of your X messages for various function.

And Musk’s confusion about Bitcoin may truly level to the broader purpose of this replace, in utilizing this new messaging structure because the spine for X Funds.

X continues to work on its funds back-end, which can finally (it hopes) allow customers to switch cash, make purchases, and even substitute their financial institution with their X account.

Elon’s “every part app” imaginative and prescient for the platform hinges on this ingredient, and X is reportedly trying to launch the preliminary model of X Funds later this 12 months.  

I think that this new DM system will play a task in that, replicating how WeChat has grow to be a crucial software in China to conduct all types of transactions by way of messaging infrastructure.

So will it grow to be an all-encompassing utility, relied upon by hundreds of thousands to energy their every day interactions and transactions in a single singular platform?

Look, it’s laborious to see this truly taking place, based mostly on varied previous efforts to implement a “Western WeChat” by different platforms, which have failed dismally on the first hurdle.

For no matter purpose, Western shoppers haven’t proven the identical stage of enthusiasm for all-in-one platforms like this, which have caught on in China, however perhaps, Elon’s years of connection to the funds business give him some extra perception into the potential on this entrance, and find out how to make it a extra interesting choice.

Although on condition that X has comparatively few customers in comparison with different social apps, and is shedding them over time, I don’t see the way it’s going to come back collectively.

Both means, seems like we’re going to search out out.

Elon says that the up to date model of XChat will likely be rolled out to all X Premium subscribers this week (barring “scaling points”).