What is Farcaster?
Farcaster is a social media application development protocol that is part of the SocialFi ecosystem on Ethereum. It allows users to interact on the application with familiar features such as posting, expressing emotions, commenting, and more, similar to Web2 social networks.
The distinguishing feature of Farcaster is its utilization of blockchain technology to enable users to fully own their social relationships (social graph) on Web3 in a decentralized, transparent manner while protecting the privacy of their data.
Additionally, the project provides a toolkit and programming framework to assist developers in easily and seamlessly building decentralized applications (dApps) without the need for third-party authorization.
Furthermore, the project currently allows users to participate in running public nodes to contribute to the development and growth of the platform.
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