thank u Jack for explaining how Farcaster works

https://x.com/elonmusk/status/1798504201196368219?s=46&t=hXy4QbGtVC_zBdYeMYS36g

@greg, @kyran, and i built a decentralized feed market for the Paradigm hackathon in October for Farcaster.. and it didn't move the needle for the judges. we had some of the smartest folks in crypto, and no one reached out or followed up with us after.

stated versus revealed!

I like baking /goodbread and building apps on web3 protocols. DevRel @ ENS Labs. gregskril.com

ML/RecSys @coinbase. Decentralize all the things. 

👨‍💻 @unofficial and /outside, b4 spotify, peloton

1. building a mobile app, we rebuilt it 3x before we grokked it
2. feed latency/performance, much harder problem than we initially realized, hence scrapping custom feeds beyond lists

Unlikely to be performant and economic enough for a modern, at-scale consumer UX. Might work as an open source, self-hosted type client.

Data points from Nook

the team can correct me if i'm wrong, but i think that was our goal: push the domain-specific language components for the algofeed into a smart contract, clients can decide make their own composite indexes.

Unlikely to be performant and economic enough for a modern, at-scale consumer UX. Might work as an open source, self-hosted type client.

Data points from Nook

https://warpcast.com/slokh/0x975ea6e6
https://warpcast.com/slokh/0xdfe76ed0

I thought only my projects don't move a needle

Writing at terminallyonchain.xyz | /toc /techarchive /latenightcrew

possibly, but do you feel the same for OpenRank and other algofeed services?

and today, we have a ton of content, about 4.8 million casts. what's stopping Jack from building this himself today?

think it’s just too early for a market right?

need more content (and variety) for it to even matter to a certain extent

𝚆𝙾𝚁𝙺𝙸𝙽𝙶 𝙾𝙽: @vision 👁️ ✦  ensdata.net ✦ pugson.net/rfe ✦ 𝙿𝚄𝙶.𝙴𝚃𝙷 ✦ 𝙿𝚁𝙴𝚅: @rainbow 🌈 

“early is the same as being wrong” or whatever yeah

1. too early
2. lack of an available crossplatform open source client that will be able to ingest this model

.tokenizing imagination @ merv.wtf .funding the new internet @telah .founder 
@kaizendao .host /esoteric

i think Greg published it? but don't recall

did they need to to understand its potential?

I don’t think Paradigm had invested in Farcaster at this point?