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@grisha
1/14 Our new report "Breaking Down Walled Gardens: Farcaster and Decentralised Social Media" delves into the rapidly evolving social media landscape, from the centralised control in Web2 platforms to the concept of decentralisation in social media https://paragraph.xyz/@lemniscap/breaking-down-walled-gardens-farcaster
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Griša
@grisha
2/14 In the current digital ecosystem, we find ourselves in 'walled gardens' – closed systems under the control of singular corporations. This comes with significant implications for user identities, data privacy, and the freedom of digital relationships.
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Griša
@grisha
3/14 Decentralised social media is built on federated protocols, blockchains, and peer-to-peer approaches, each with unique advantages for reduced censorship and enhanced data ownership, empowering users to control their digital footprint.
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Griša
@grisha
4/14 Meet @farcaster, the protocol enabling users to take control of their data and own their social graph, spearheading a fundamental upgrade to conventional social media platforms.
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Griša
@grisha
5/14 Farcaster's design allows different social apps to work together smoothly, much like how email systems interact across the internet. This approach introduces a new standard for digital communication, giving users more options for how they connect and interact online.
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Griša
@grisha
6/14 The protocol’s core architecture consists of a decentralised network that allows users to maintain a singular social graph across multiple applications. This ensures that users retain their identity and network connections, regardless of individual app restrictions.
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Griša
@grisha
7/14 A key differentiator is its client-server relationship. Unlike centralised platforms where a single client interacts with a centralised server, Farcaster allows for multiple servers, each offering diverse features and reducing the risk of power concentration.
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Griša
@grisha
8/14 In our new report, we also explore the burgeoning ecosystem of applications within Farcaster, such as @warpcast, @paragraph, @beb and @kiwi, each offering unique experiences and contributing to a rich, diverse social media landscape.
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