Aspiring polymath. Applied R&D @ Privacy and Scaling Explorations #maker #Ethereum🦇🔊🐼🐍🟨🦀 Trying to make the internet better. Opinions are my own and subject to change

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Joined 1 year ago
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Cake day: June 20th, 2023

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  • I understand, don’t get me wrong, 99% of stuff in crypto is hot garbage, but having a global database that isn’t controlled by any one (or even dozen) entities is pretty powerful. The 2 guys that started farcaster could quit, or get hit by a bus, or decide it’s not profitable enough and pivot, but at least you have control over your profile still. If reddit was decentralized more, they wouldn’t be able to shut down their APIs for 3rd party clients.

    Trust me I understand the criticism of block chains, but if we want open source and the internet to thrive and not be controlled by companies, we need a global layer that is neutral.





  • Your article is a pretty reasonable and fair evaluation of farcaster, but then your post saying crypto/web3 is “mostly really dumb and bad” is not very nuanced. I know a lot of people on Lemmy don’t like crypto, and that’s what’s in the meta right now, but if you are going to give something a fair shake, give it a fair shake, don’t just anticipate backlash for covering a crypto topic and preface it with “it’s mostly really dumb and bad”. Ya there are a lot of scams, and a lot of bullshit projects, but there is a core of really useful infrastructure there, which farcaster is using for self sovereign account registration/ownership.







  • It will still have some state, things like merkle roots will still be verifiable, and any derived/state that isn’t kept from the main chain will have some form of proof that links it to the main chain.

    Most actual transactions/normal user stuff is moving to layer 2 chains, which commit a hash or proof of their state to the main chain. So they will still carry their state, but rely on the security of Ethereum main net.

    There will still be archive nodes that store everything that’s ever happened, but being a full archive node won’t be required to run a normal node as a validator or as a user. This allows the network to be more decentralized without every node needing 2-4TB of fast nvme to even do anything.