Elon Musk has officially introduced XChat, a new messaging platform positioned as a private, decentralized-style alternative to traditional apps. Promising end-to-end encryption, disappearing messages, and file sharing without needing a phone number, the app is making waves — but not necessarily the kind Musk may have hoped for.$BTC
Built using the Rust programming language and allegedly featuring “Bitcoin-style encryption,” the app has caught the attention of the crypto community. But rather than celebrate the announcement, tech experts and blockchain veterans are skeptical of its security claims.
“Bitcoin doesn't use encryption for transactions — it uses digital signatures,” said Ian Miers, cryptography expert and professor at the University of Maryland. “Claiming ‘Bitcoin-style encryption’ makes about as much sense as saying your rocket runs on water because NASA uses hydrogen and oxygen.”
In short: Bitcoin transactions are public and verified by cryptographic signatures, not hidden through encryption. This casts doubt on what “Bitcoin-style encryption” even means in the context of a messaging app.
🧠 Tech Hype vs Reality?
Musk’s announcement was designed to spark excitement, especially among the privacy-focused crowd. But as experts point out, phrases like "Rust-based" and "Bitcoin-style encryption" don't inherently mean a messaging app is secure. Without full transparency on the underlying tech stack and how user data is handled, the skepticism seems justified.
📉 BTC Market Reaction? Barely a Blip
Despite the bold marketing around XChat, Bitcoin’s price has remained largely flat, holding steady near $105,000, following a mild 3% dip last week, according to CoinDesk. Musk’s involvement — which once sparked major price movements in crypto — appears to have lost some of its influence on the BTC market.
🔍 So, What’s XChat Actually Offering?
Here’s a quick rundown of what XChat claims to deliver:
🔐 End-to-end encrypted messaging
⏳ Disappearing messages
📁 Cross-platform file sharing (including video & audio)
☎️ No phone number required
While the feature list sounds promising, experts caution users not to equate buzzwords with real security — especially when encryption isn’t clearly defined.
Is XChat just another overhyped tech launch, or is it laying the groundwork for something bigger in Web3 messaging?
Let us know what you think in the comments 👇
