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In the field of encryption, decentralized social platforms are trying to break through the monopoly of the giant.Most projects are difficult to attract users, such as Friend.tech user activity plummeted 97%.However, Farcaster is different. Founded by former Coinbase engineer Dan Romero, he received A16Z 30 million US dollars in 2022.Since 2024, daily living users have increased more than 10 times, attracting Ethereum founders Vitalik to publish exclusive articles.
On March 31, Bloomberg quoted people familiar with the matter and reported that Farcaster developer Merkle Manufactory was about to complete a round of $ 1 billion in financing, led by Paradigm.In July 2022, Merkle completed a $ 30 million financing led by A16Z.
As of April 1, the total number of Farcaster users reached 261,055, with an average daily post of 280,118, with a cumulative income of 902,125 US dollars.
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This article will thoroughly analyze how Farcaster has risen rapidly in the blockchain field. With its technological innovation and data performance, it highlights its value in competition.
With multiple functional innovations, Farcaster is obviously different from other decentralized social protocol applications
Farcaster is a decentralized social network protocol. Compared with similar competing products, its innovative functions are as follows:
Frames function optimization Interactive experience: Frames function launched by FarCaster, by allowing developers to create interactive and embedded posts for their audiences, which greatly enriches the platform’s user interactive experience.Users can participate in more forms of activities, including casting NFT, participating in games to get rewards, and even buying products directly through FarCaster client Warpcast, which is unimaginable on the previous Web2 social platforms;
Complete decentralized agreement: Farcaster adheres to the concept of decentralization to ensure that the communication among users is not limited by any intermediary.This is not only reflected in users who can completely control their identity and data, but also means that developers can build a truly free social network application without any third -party restrictions;
Data transparency and user control: Paid with other social protocols such as Lens, Farcaster provides users with absolute control of their digital status by storing its data on a decentralized network and related to the user’s Ethereum account.This transparency and control is unable to provide the web2 platform;
Diversified clients and functions: Using open protocols such as FarCaster, developers have built a series of fascinating clients and functions, thereby enhancing the user experience and adding multi -end access to content.These innovations are not limited to Farcaster’s flagship client, but also include Phaver, ORB, and other specialized clients. Each one provides users with unique social experience.
Digging data, sending long texts, and rewards, the activeness of the Farcaster community continues to rise
In the encrypted world, the challenges to build and maintain an active community are particularly significant.This problem has been effectively solved on FarCaster.Farcaster successfully attracted more than 260,000 users, and even facing other popular events in the industry, such as Frame boom, the user’s user activity and daily interaction still remained stable.Behind this achievement is the unique community “atmosphere” and participation mechanism of Farcaster. These mechanisms are very different from the common motivation to pursue profitability in the common encrypted application, and pay more attention to promoting real and in -depth communication.
Through in -depth open data, we can see the unique interactive mode in the FarCaster community.About 38%of users have asked questions on the platform that these issues are usually profound, encouraging more dialogue and discussion, accounting for 6%of all released.The 64%release form is a reply, showing the tendency of members of the Farcaster community to interact and communicate.
In terms of content release, Farcaster encourages long content to be positively related to user participation, that is, longer posts often get more likes and sharing.Although the platform is limited to the number of characters released by each piece, the popularity of the long content shows the attractiveness of depth and details to Farcaster users.
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The reward culture is also one of the unique features of Farcaster, with $ dege as the main reward currency.More than 37,000 users participated in the interaction related to $ Degen. 16%of the voting contains “$ Degen”, which highlights the generosity of the FarCaster community and the popularity of the reward culture.
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Farcaster’s success reflects a core concept: deep community participation is far better than surface interaction.Open and analytical underlying agreements have promoted this participation and provided valuable insights for the development of decentralized social media platforms.As Farcaster continues to grow, it has set a benchmark in maintaining active and participating community culture.
V God endorses the platform of Farcaster.
With the rise of Web3 social media platform Farcaster, the public discussion of public discussions around the authenticity and effectiveness of the use of blockchain technology.Web3 critic Liron Shapira questioned Farcaster’s blockchain application case, pointing out that its technology realizes most non -blockchain nature, and only uses blockchain technology in user name allocation.In response, Vitalik Buterin, the co -founder of Ethereum, defended, emphasizing that Farcaster’s true benefit in providing a decentralized state machine is not as simple as Shapira.
Vitalik clarified that Farcaster’s information is not stored in the traditional blockchain, but uses CRDT (free copy of the data type) to store information. The purpose is to achieve the final message set of the message set without sacrificing scalability.consistency.At the same time, he also emphasized the key role of Ethereum in the Farcaster ecosystem, especially the importance of anti -spam and protecting network neutrality.
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Vitalik’s response revealed how Farcaster uses technological innovation to ensure user control and decentralization principles, and solves the scalability challenges faced by traditional blockchain.His defense not only highlighted Farcaster’s deep understanding of decentralized social network potential, but also pointed out the flexibility and diversity of Web3 technology in practice.
In summary, although Farcaster’s technology realization is different from traditional blockchain projects in some aspects, it plays an important role in exploring the new path of decentralized social media platforms.By combining CRDT with Ethereum, Farcaster not only improves the scalability of the network, but also ensures the decentralization of the network and the control of users.Does this mean that we need to redefine the boundary of the blockchain application to contain such innovative practice?
