[Zoo3y]

>I think they're just trying to be the trendsetters so they can have the most control of it when decentralized social networks take off.

Nope. Dorsey has stated he wants twitter to be a client of an open standard https://twitter.com/jack/status/1204766078468911106

It is in Twitter's favor to hand moderation to community admins. The "trendsetters" already have millions of users on their decentralized platforms https://matrix.org/_matrix/media/r0/download/twitter.modular...

The likely scenario is they create a modified version of an existing protocol, and manage a large client instance of that protocol (e.g. mastodon.social). Users will be free to host their own twitter server, so to speak, and twitter will have no control over those instances.