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Pjood🎭

@pjood

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Farcaster has quietly rolled out a new “blockchain-like” protocol called Snapchain, according to a company announcement. The launch coincided with the debut of Farcaster’s “Airdrop Offers” program, which rewards active use of the decentralized social media platform. According to co-founder Varun Srinivasan, who announced the Snapchain testnet in December, the new system can handle over 10,000 transactions per second. The system reportedly went from idea to a working product in just six months. Snapchain is said to be built specifically to support social media applications, which require cheap and efficient processing to handle millions of micro-interactions like “favoriting” a post or sharing memes. The system acts as a data storage layer for Farcaster, though it will be routinely pruned. “Sharding is much easier if transactions only affect a single account,” according to Snapchain’s documentation on GitHub.
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