This Installfest at Truman State University, I mentioned about how we liked facebook of two years ago: It's apparent that to many people, facebook is too creepy, because it "knows" too much about you. Some people don't feel secure to share anymore: What does Facebook store? People tried to solve the facebook's problem either by building it on the reputation (google+) which turned out to be disappointing, or doing it by a distributed network (diaspora) which turned out to be too much of a pain in the ass to set up, and isn't feasible to the general public (one has to be really savvy and has a private server to be sure of that).
Recently I have this idea popping up to my mind. Can we make a "social network" that is inherently secure? That is, a crypted social network. That will solve the problem of people worrying about their privacy being invaded. RSA crypto or even better, OTR crypto (might be too overkill). All the (private) messages and status updates being flown on the network will be encrypted and decrypted on the client side so that everything the sever stores is inherently worthless unless "something" is provided to decrypt it at the user's end.
My theory: It may be possible.