Vitalik Buterin on Farcaster

Vitalik Buterin pfp

Vitalik Buterin

The skiff situation is a good reminder of why decentralized ecosystems are so valuable. Challenge question @dwr.eth @v : how far along is Farcaster in this regard? If hypothetically your team got acquihired by Facebook (or Tencent, or...) tomorrow, how well would the ecosystem be able to keep going?

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Varun Srinivasan pfp

Varun Srinivasan

assume malicious acquirer. for ecosystem to survive intact would need: 1. decentralized contracts 2. decentralized hub network 3. easy to use client with 80% warpcast parity 4. good steward for protocol governance.

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Dan Romero pfp

In addition to what @v said, I would say having a solid, open source dual platform (iOS / Android) mobile client is critical. So much of Farcaster usage through Warpcast is on mobile and there's no clear 2nd mobile client today.

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XCOPY pfp

10 WARPS BROTHER

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Liang @ degencast.wtf 🎩 pfp

Liang @ degencast.wtf 🎩

$DEGEN community alone /degen at 50mil market cap would be resilient enough to build a new client and fork hubs to hold the founder accountable. The community cannot be acquire hired

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LGHT pfp

skiff situation was local max pain

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miro𓆣 pfp

This may be a bid morbid but the driving thought experiment at Fileverse is: can people continue using the dApp and manage their content if the founders die unexpectedly🫣 Being smart contract first is key to this, second is multiple storage options for users w/ e2ee https://warpcast.com/koeppelmann.eth/0x35ed9349

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Suji Yan pfp

Believe I’m one of the first folks to mention and invite Vitalik to farcaster/ lens / mastodon (2022 before the tweets:) Here’s my neutral perspective since we’re involved with all 3 protocols. -

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makemake pfp

you're going to love activitypub then!

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makemake pfp

you're going to love activitypub then!

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kbc pfp

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chandresh 🪴 pfp

i am crying, skiff did us all bad

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vrypan |--o--| pfp

The most critical centralization vector in Farcaster rn, is Warpcast. Whoever controls Warpcast, controls the ecosystem. They can force hub changes, change the smart contracts (by pointing hubs to new ones). Maybe not today, where 20% or 30% of the users are more conscious about these things. But with 1m DAU? Easy.

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vrypan |--o--| pfp

If FB acquired Waropcast today, they could do a proprietary hard fork of the hubs and stop syncing with the rest of the network. 99% of users wouldn't notice. FC is proprietary now. Rn, the only defense we have against this so far is the popularity of frames. But 99% of devs use neynar, so...

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‎ pfp

🔥🌶️👀

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techfuture.base.eth pfp

techfuture.base.eth

I would instantly delete my Farcaster account if bought by Meta

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clout pfp

I feel absolutely rugged by Skiff, having solely using it for email and docs it is also a good reminder that not having a native token (equity token) is not good for decentralization also that having VCs is a threat as they add extra pressure to sell out and exit when they see ROI

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Deposits 🎩 pfp

@dwr.eth waking up to this cast

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InsideTheSim 🎩🍪 pfp

InsideTheSim 🎩🍪

@insidethesim.eth

This is a question I’d also love to know the answer to. Is this is a “don’t be evil” or a “can’t be evil” situation?

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YungSB.eth 🔴✨ pfp

YungSB.eth 🔴✨

I’m hurt by the skiff situation because that was my go to.

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