If I transfer my FID using recovery, what happens to my farlet? Is it controlled by the new FID private key?

Dad, geek, conversation liquidity provider. @l--o--l | @wdimapp

lemon3

So, Farcaster can use the recovery function to transfer my fid (and my wallet) to a new set of keys that I don't control?

if you're FID is configured to be recovered by Farcaster then yes

there used to be an additional time lock mechanism so that even if you used a 3rd party recovery service you could still "block it" if you controlled the custody

the problem with this is users would need to see this action happened onchain and take action, so in practice it's not great

this was removed in favor of the simplicity and UX of instant recoveries given that you could configure this same system in a smart contract anyway

https://github.com/farcasterxyz/protocol/discussions/100

@farcaster dev / dad / books, cooks, ski, code ~ there are many things of which a wise man might wish to be ignorant

Now that people attach to their FID a couple of thousands of dollars, I think a) they should be aware of it, and b) there should be some encouragement/push for alternative recovery services. 

(And b will probably get a push from a).

If you don't trust the system, don't use it. :)