Farcaster is a fine demonstration in why you don't need strict global consensus and public blockchains for most things, but at the same time, they can prove valuable for 1 or 2 things

I hope to see more hybrid applications that are significantly better by minimizing blockchain usage only to strict global consensus

maybe we won't need those L3s after all then eh 😉

ceo @ helius.dev, host @ lightspeed, ex coinbase — wartime shitposter

The open web is dead, long live the open web. ⌐◨-◨

Building /warpcast and /farcaster

— gabrielayuso.com

what's the difference between an L3 and an application built on top of an L2?

Farcaster Hubs are a form of L3.
A p2p network that stores data signed by EdDSA key tied to accounts secured by a smart contract on an L2.

Nothing says that L3s have to be implemented on a blockchain.

Stateless constructions like ZK coprocessors (not rollups) where verifiability or auditability is important, but consensus not

Or, you need consensus but with massive compute demand for 10,000+ CPU cores, e.g. multiplayer onchain games (see: the EVE Online onchain game)

Whether they find PMF remains to be seen