What is Threads?
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Project 92 aka P92, formerly Barcelona, is the internal name for a software project by Meta (the company behind Facebook, Instagram and more) that is going to be a micro-blogging platform and a Fediverse alternative to Twitter.
While the media praises this as a 'saner version of Twitter', that will eventually replace it, in the Fediverse it is generally considered a bad thing.
There is even a pact for Fediverse admins and mods to block Project 92 and all it's instances. See fedipact.online.
According to polls (1, 2) about 65% - 75% of Fediverse users are in favor of blocking P92.
What we know so far
What Meta officially said is that it's "exploring a standalone decentralized social network for sharing text updates."
Leaks suggest that P92 will:
- be federating with Instagram and the Fediverse
- have a character limit of 500
- look a lot like Twitter
- be used by prominent people like DJ Slime, Oprah and the Dalai Lama
Apparently Fedizen:Eugen Rochko and Fedizen:Daniel Supernault already had a talk with Meta and signed an NDA.