A place for developers to talk about building on Farcaster.

/dev

Two opinions I’m starting to form:

1. In the future most data (80%) will be stored in one or more decentralized protocols

2. Those protocols will not use the EVM in any way

Bullish crypto, bearish ETH

building @emptyblock / art, music, onchain data / prev director of research @coinmetrics

If you don’t believe #1 I’m not sure how you can work in crypto. Decentralized data storage objectively more capable it just needs to be cheaper and faster to make the feature set worth it. Farcaster is the perfect example of what’s possible

Sorry wasn’t trying to say you didn’t agree.

How exactly its more capable depends on the use case. Payments are a pretty obvious one. Data attribution is another. Built-in authentication to your database is massively undervalued imo. Owning your social graph an obvious one.

Its also the ONLY possible way to represent non-fungible asset ownership digitally. So far this has mainly been used to make already digital things non-fungible, but the real unlock is making non-fungible things digital (RWAs)

lol ok I never said I didnt agree. just asked for your reasoning 

how is it objectively more capable?

The 80% is a ballpark based on the 80/20 rules which I think generally applies in cases like this

for the record I mostly agree with you, but not sure how you came to the 80% number so was hoping to learn more about your reasoning 

think it’s important to have nuanced convos about this sort of thing