Farcaster

Don't buy farcaster accounts. You might get rugged. 

They were designed to be easy to use in a social app, not to be traded like nfts. Some tradeoffs we made will make it harder to trade them safely. 

For example, someone can set a recovery address, transfer the account to you and reclaim it back a few hours later.

The whole promise of Farcaster is that I have total ownership over my account. Why not let the market decide what a FID is worth? 

We don’t encourage users to trade without the contract for the exact reason you described.

See https://github.com/wieldlabs/contracts/blob/main/marketplace/FidMarketplace.sol#L493

Security is important. But I'm in the camp that a user should have total control over their account, including to trade or not trade!

Technowatermelon. Elder Millenial. Building Farcaster. 

nf.td/varun

Security is important. But I'm in the camp that a user should have total control over their account, including to trade or not trade!

https://warpcast.com/n/0x375f26ce

building far.quest & @wieldlabs.eth. cofounder at miy.com ventures. FID #274. Previously Square/Cash App. https://hiimnico.xyz/

And they do. 


A warning from me about security risks doesn’t change that.

1000%

Farcaster should absolutely never, ever, ever condone the trading of accounts as it goes against one of the fundamental rules of blockchain - your keys are for you and you alone. 

Users can/will do whatever they want, but builders have a responsibility to uphold a few things, including private key security.

marketing @metamask @linea @consensys | proud owner of eggslut.eth | let’s /cook

likes building things • https://alexgrover.me/links

An FID is owned by an ethereum account and can be transferred without giving up the owner’s PK, conceptually similar to selling an NFT