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Dan Romero
@dwr.eth
In retrospect, decentralized social network has been terrible framing for Farcaster. Two recent frames that are better: 1. Farcaster is an economy — social network + crypto wallets, small but high GDP per capita, h/t @woj.eth @luc 2. Programmable social — X APIs are dead, Farcaster APIs are constantly getting better, h/t @six It's still (mostly) decentralized under the hood, but lean into the things that it's really good at relative to the competition.
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Nick
@nintynick.eth
brilliant. unfortunately nobody wants to buy decentralization (until its too late) and everyone likes to fight about it (myself included)
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Dan Romero
@dwr.eth
I think it's important if you want to build developer trust long-term. Challenge is the market does not reward decentralization effort in the short to medium term. And attention spans / opportunity cost of talented people is very much short to medium term. To be clear: Farcaster is (mostly) decentralized and we will continue to increase this over time. This is more about "why should I care about Farcaster? what's interesting about it today?"
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Yassine Landa
@yassinelanda.eth
« Challenge is the market does not reward decentralization effort in the short to medium term. And attention spans / opportunity cost of talented people is very much short to medium term. » Do you think this specific to « decentralized social networks »? Worth thinking about this more 🤔 if we get the best builders to stick around - it will be huge…
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