keanureevesp (keanureevesp)

Clanker update We now own 1.8% of the total Clanker supply.

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I almost lost access to a new 1Password account yesterday by, uh, forgetting the one password. It wouldn't have been a disaster but would have been annoying and embarrassing. Good reminder: write down your root passwords/seed phrases even when you are very familiar with the tools. And check on your physical backups.

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Since the early days, we’ve believed two things matter most: sufficient decentralization and product-led protocol development. (Links to both blog posts below.) That’s led us to make pragmatic, not dogmatic, decisions about the low-level protocol and make a lot of iterative changes with our own app. We were never going to make decentralization maximalists happy. We spent the first 4.5 years with a social-first strategy. We shipped a working version of the protocol that was sufficiently decentralized and allowed multiple independent teams to permissionlessly build on and integrate it. However, despite many different attempts (and a few short-lived spikes), we haven’t been able to find a sustainable growth mechanic for the Twitter-like social network, i.e. no product-market fit.

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recast:farcaster://casts/0x0e8e6341e48d463841ee54a6f4682ada32479f817fb041161df3ce2bcc80c7d5

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State of Farcaster, December 2025 (I'm going to be writing a series of casts this week on this topic.) Varun and I have been working on Farcaster for over 5 years. The goal has always been to build an at-scale decentralized social networking protocol with 1 billion people using it every day. This is a hard problem and while we've made progress, we are still many orders of magnitude away from achieving our goal.

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Since the early days, we’ve believed two things matter most: sufficient decentralization and product-led protocol development. (Links to both blog posts below.) That’s led us to make pragmatic, not dogmatic, decisions about the low-level protocol and make a lot of iterative changes with our own app. We were never going to make decentralization maximalists happy. We spent the first 4.5 years with a social-first strategy. We shipped a working version of the protocol that was sufficiently decentralized and allowed multiple independent teams to permissionlessly build on and integrate it. However, despite many different attempts (and a few short-lived spikes), we haven’t been able to find a sustainable growth mechanic for the Twitter-like social network, i.e. no product-market fit.

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I almost lost access to a new 1Password account yesterday by, uh, forgetting the one password. It wouldn't have been a disaster but would have been annoying and embarrassing. Good reminder: write down your root passwords/seed phrases even when you are very familiar with the tools. And check on your physical backups.

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• 0 reactions