What Is Farcaster?
Farcaster is a community-created protocol designed to develop new types of social networks. It aims to provide a platform where users can control their data and developers can build apps without needing permission from the network.
Background
Dan Romero and Varun Srinivasan founded Farcaster in 2020.
How It Works
Farcaster is described as being “sufficiently decentralized.” This means that any two users on the network can interact without needing the approval of the rest of the network. The protocol operates as a distributed hub network that logs individual social interactions of identities secured by Ethereum, creating a non-custodial social graph.
Farcaster’s tech stack primarily comprises an ID system, apps, and hubs. One of the critical apps built on Farcaster is Warpcast, a social media platform developed by the Farcaster founding team.
Key Takeaways
- Farcaster is a protocol for building new types of social networks created by the community.
- It was founded by Dan Romero and Varu Srinivasan in 2020.
- The protocol allows users to control their data and developers to build apps without permission.
- It operates as a distributed hub network that logs social interactions of identities secured by Ethereum, creating a non-custodial social graph.
- One critical application built on Farcaster is Warpcast, a social media platform.
