@ncpdmry
@farcaster is a decentralized social media protocol created in 2020 by former Coinbase executives Dan Romero and Varun Srinivasan. Farcaster's core purpose is to empower users to maintain control over their content and social identities, and it leverages blockchain technology to prevent centralized platforms from owning or controlling user data.
Unlike traditional social media, where everything is hosted on centralized servers, Farcaster operates in a hybrid format. Key operations like account creation and data storage are performed on the blockchain via Ethereum smart contracts, while everyday interactions like sharing and messaging occur off-chain through peer-to-peer Hubs.