Farcaster

imo it’s gonna be tough to get farcaster users to adopt a proof of human/KYC system without financial incentives, i feel like all the solutions require jumping hoops which is doable but personally always bucketed these solutions as things people would only do if financially incentivized

The thought of a Warpcast (not Farcaster) doing a KYC power badge is interesting. 

Pros
- Cuts bot spam significantly 
- Less bots = higher quality content? 

Cons
- Will likely hurt some countries where KYC methods are not possible 
- Other clients will also likely need to adopt something similar unless Warpcast makes an API, but again creates dependency on Warpcast 
- Bigger barrier to entry for anyone Web3 or Web2. I don’t have to do KYC on threads or any other social platform, so why would anyone non-web3 want to go through that? On the web3 side it’s an obvious barrier. 

Definitely a tough balancing act. imo these kinds of problems really do make a “sufficiently decentralized social graph” a hard sell to both users and devs.

Full Stack Dev | Head of Developer Relations at /pinata | Technical Writer | Tinkering with everything | stevedylan.dev/links

Forgot to add: 

If KYC could be added using ZK proofs it might reduce the blow to onboarding Web3 users and honestly be a great case study for ZK

23. Co-founder of @beliefs (beliefs.social). Collaborator at /frogfm.

*slaps “build your own client” sticker*

social

Proof of human/kyc is an easy answer to a hard problem and it won’t solve it.

TLDR: it won’t solve the bots problem. Only make it worse coz then u have bots farm buying cheap kycs spamming. 

Pair it w/ financial incentive? A diseaster coming 

Connect it to coinbase verification/gitcoin passport/world id only make it worse: u don’t even need these on x. How to make ppl go this far to use farcaster?

TLDR: no, kyc v bad idea. 

https://warpcast.com/casslineth/0x7ff7430f

KYC doesn't solve the problem.. Spammers are willing to do KYC than normal people