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Musk Why did Vitalik leave X What is Farcaster that V God reco

Date:2024-04-22 18:13:40 Channel:Trade Read:
In the cryptocurrency space, there is often widespread concern about the departure of a founder. Recently, Vitalik Buterin left Company X. This news caused an uproar in the cryptocurrency circle. At the same time, the Farcaster project he strongly promoted also attracted much attention. This article will delve into the reasons for Buterin’s departure, the significance of Farcaster, and future development prospects.
Elon Musk and Buterin are both high-profile leaders in the technology circle, and their every move touches the hearts of fans around the world. Buterin’s decision to leave Company X makes people wonder: Where will the founder of Ethereum go? It is reported that the reason why V God left X is not a single reason, but a comprehensive consideration of many factors. Among them, the pursuit of the development direction of the cryptocurrency ecosystem and personal mission is one of the important considerations. He hopes to explore broader areas through new projects and bring more innovation and possibilities to the cryptocurrency industry.
Farcaster has attracted much attention as a project promoted by V God, and it represents a possibility for the future payment system. The core concept of Farcaster is to build an efficient, secure, and low-cost payment network to realize the interconnection between cryptocurrency and the traditional financial system. By introducing cross-chain technology, Farcaster is expected to break down the barriers of traditional payment systems and provide users with a more convenient and faster payment experience. The launch of this project will greatly promote the application of cryptocurrency in daily life and inject new vitality into the development of the digital economy.
In the cryptocurrency field, technological innovation and talent mobility are the norm. Buterin’s departure will not hinder the development of Company X. On the contrary, it is also a trend in the development of the industry. Buterin’s new project Farcaster will bring new exploration and opportunities to the cryptocurrency industry, and also inspire more entrepreneurs and investors to join this field. In the future, with the continuous evolution of cryptocurrency technology and the expansion of application scenarios, Farcaster is expected to become a dark horse in the industry, leading the new trend of digital currency.
In this era full of changes and opportunities, we need more leaders like Musk and Buterin, who dare to challenge tradition, dare to innovate, and lead the technology industry forward. Buterin’s departure from Let us witness the changes of this era and explore the infinite possibilities of digital currency together!

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120BTC.CoM) News: Autism Capital, a news media on social platform
Buterin wants ETH to shine, and he should return to the X platform instead of isolating himself on the Farcaster platform: Vitalik should return to the X platform. Farcaster is not going to win on the cultural front, and if Vitalik wants Ethereum to shine, he should be more active on X rather than isolating himself on an island from his peers. If he can interact with the wider community here, he will have a greater impact.

In this regard, Elon Musk, founder of Tesla and head of the X platform, also expressed his concern at Autism
Capital asked in a tweet, why did Vitalik leave X? However, as of press time, Vitalik has not responded to this.

 V God has recommended Farcaster many times

Although Vitalik has not publicly stated why he has reduced his activity on the X platform, he has repeatedly praised the advantages of the decentralized social protocol Farcaster and believes that the quality of the community is quite good.

Last week he was at ETH Taipei
When interviewed in 2024, he said: One of the interesting things about social networks is that they have both network effects and anti-network effects. Twitter, for example, is a place for everyone, including the annoying ones. I find Farcaster already has enough people participating to make it more interesting, and the quality of my interactions there is actually higher. Another advantage of decentralized social networking is that it solves some problems of centralized platforms. For example, Twitter’s moderation, moderation, and blue-tick certification, these features are basically designed to distinguish high-quality content and people from low-quality content and people, but these are very centralized and biased towards specific groups and specific opinions. The fundamental goal of the crypto space and many non-financial Ethereum applications is to solve this problem in a more decentralized way, to try to solve the trust problem without having some centralized actor decide what is good and what is bad of.

On the 20th of last month, Twitter user roon lamented that "I can no longer see too many innovative articles on Twitter, and the explosion of weird content similar to the Cambrian in 2020 may not happen again." Vitalik also replied: Join the decentralized social protocol Farcaster, where there are many Cambrian explosions and weird events.

 What is Farcaster? 

Farcaster is a decentralized social network protocol designed to establish direct connections between users. At the same time, developers can access public data without permission, supporting diverse and flexible client and application development. , encourages innovation and experimentation, and provides users with rich social experiences and choices.

Farcaster manages user identities on-chain based on Ethereum and OP, but stores messages and posts in the off-chain Hub network to increase speed and reduce costs. At the same time, Farcaster focuses on providing high-quality and in-depth dialogue, thus attracting the participation and construction of a number of developers and crypto OGs, forming a strong community culture and values.

 Financing Status

According to the official announcement in July 2022, Farcaster has completed US$30 million in financing, led by a16z, Standard Crypto, Elad
Gil, 1confirmation, Scalar Capital, First Round Capital, etc. participated in the investment.

 Advantages and Disadvantages

Although Farcaster currently has strong financing support and strong openness, which is conducive to ecological construction and application innovation, compared with traditional social products, Farcaster's current user participation is still insufficient, and the core user group is limited to users in the encryption field. , there is still a gap between large-scale users, and future development needs to be continuously observed.

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