The decentralized social media protocol is migrating to OP Mainnet according to a post by Farcaster co-founder Dan Romero today August 23.

Romero has also noted that many of Farcaster’s users and developers “are building on the OP Stack across OP Mainnet, Base & Zora.” Once the cursory steps for the migration are done, the next step will be the enabling of permission-less sign-ups which will finally open up Farcaster to the broader world. This is a big step for Farcaster, especially with OP Mainnet picking up steam and the recent increase of interest in social dApps.

At present, Farcaster is still on Ethereum, with a big chunk of its data stored offchain in servers. But the recent growth and developments in Ethereum’s layer 2 ecosystem have given developers a wide range of tools and options. OP Mainnet, as mentioned, is currently picking up steam with its recent ‘Bedrock’ update that became the first step in its goal of creating a “superchain”. The update paved the way for higher transaction throughput but with lower gas fees.

This migration is considered strategic, especially given how Ethereum L2s have been rapidly evolving and are now processing nearly five times as many transactions per second (TPS) as the primary Ethereum network. Projects that operate in the Ethereum ecosystem, like Farcaster, are recognizing the advantages of Layer 2 solutions and are subsequently shifting their focus.

<

Go to Source to See Full Article
Author: Vince Dioquino

Did you like this?
Tip BTC Newswire with Cryptocurrency

Donate Bitcoin to BTC Newswire

Scan to Donate Bitcoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate Bitcoin Cash to BTC Newswire

Scan to Donate Bitcoin Cash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate Ethereum to BTC Newswire

Scan to Donate Ethereum to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Ether:

Donate Litecoin to BTC Newswire

Scan to Donate Litecoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate Monero to BTC Newswire

Scan to Donate Monero to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Monero:

Donate ZCash to BTC Newswire

Scan to Donate ZCash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some ZCash:

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.