@mr-muqeed

So, Farcaster just got messy. If you haven’t been following the drama, 👉here it is, why there are suddenly two versions of your favorite protocol. 📉 The Timeline of the "Split" It’s been a wild few months for the Farcaster ecosystem: • Dec 2025: The vision shifted from social media to being wallet-focused. • Jan 2026: The core team officially sold the project to Neynar. • Feb 2026: The founders @dwr and @v officially exited to start something new. The Bottom Line: The original builders are gone, and Neynar is now running the show. 🚩 The Controversy Not everyone is happy with the new management. Cassie (ex-Farcaster dev) has been vocal about some major red flags regarding Neynar’s takeover: • Centralization: Claims that Neynar controls all the validators. • Transparency: Allegations that the "decentralized" label is now just marketing, not reality. ⚡ The Birth of "Hypersnap" To fix this, Cassie and a group of developers forked the chain. They moved from the old "Snapchain" to a new one called Hypersnap. They are calling this version the "Real" Farcaster, while labeling the Neynar-controlled version "Farcaster Classic." The New Tokenomics ($FARC) The fork introduces a native token to keep things decentralized: • Supply: 2 Billion tokens. • Airdrop: 10% (200M) reserved for the community. • Mining 2.0: You don’t need a PC rig to mine. You earn via Proof of Contribution (actually being active and helpful). • Halving: Similar to Bitcoin, but rewards drop every 2 years. 🤷 Who wins? We’re basically in a branding war. Both sides want the "Farcaster" name. Usually, in crypto, the "Classic" title goes to the version that the community feels lost its way or stayed behind on old tech. My take? I’m leaning toward Hypersnap. Decentralization is the whole point of being here in the first place. Where do you stand?

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