Oddbean new post about | logout
 At risk of being muted for eternity… does anyone have opinions on Farcaster?

#asknostr 
 One is free to join VC controlled protocols designed to dump on retail

https://media.tenor.com/8aMqP5mJ5tEAAAAC/choose-wisely-indiana-jones.gif 
 See nostr:note1yptu6sgnpmqydwd2g94rl0x94fnn7m0hjyk3pmc4a3jccztpaexqhkwtcd 
 Thanks for this resource. That single source of truth concept will always be problematic to other protocols being decentralized. 
 We don't need Shitcoins to be social. 
 Zaps are Zaps - rest are CRAPs 
 We don't need shitcoins  
 Tainting purity 
 Shitcoins make people happy!

Stop trying to take the jam out of our donuts, Derek 🙄 
 But it’s toe jam. 
 Old fashioned donuts are my favorite donuts though. 
 Fascist, IMO 🤣 
 This is what I know, but would be happy to be corrected:

Farcaster requires every relay to store everything that has ever been broadcasted on the protocol. This will have a centralising effect as the network grows and storage requirements increase.

Nostr, on the other hand, has no such requirements. Anyone can run a relay and choose what to store, broadcast and accept and what not to. 

Farcaster takes a different approach to identity and authentication. It depends on Email or Ethereum for it. Nostr has built everything from scratch and has its own system for this. 

The approach followed by Farcaster feels very top-down as there seems to be a team with investors that is driving the direction the protocol takes. 

Nostr on the other hand is quite bottom-up and more open to contributors. 
 That's a helpful explanation. Beyond having Ethereum integrated as part of the plumbing, it seems the entire Farcaster model is emblematic of non-#bitcoin assets, by being more centralized.  
 'Tending towards centralisation' would be more accurate. 
 This note will also help
nostr:nevent1qqszq47dgyfsaszxhx4yz63lhnz65eeldhmeztgsau27cevvp9s7unqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygppsguyxyunjkwkepsh5w7cnycr49nqndz2v38fwwy3qw98m6rz95psgqqqqqqsu00xw4 
 Far water is ETH based.

I don’t like to play on or in the ETH sandbox.

So I chose Nostr. 
 *Farcaster
(Darn auto correct)