Farcaster, a decentralized social media platform, has introduced the new Snapchain protocol and the “Airdrop Offers” program. This initiative aims to enhance transaction processing efficiency and user engagement.
Snapchain: A New Protocol by Farcaster
Snapchain can process over 10,000 transactions per second. Its development took just six months, designed to support social media applications requiring efficient processing of small interactions.
Features of Snapchain and Warpcast
Snapchain serves as a data storage layer for Farcaster and is regularly optimized for efficiency. The sharding mechanism supports simplified handling of transactions at the individual account level. Interaction with the platform occurs through the Warpcast instance, enabling cryptocurrency use in social contexts.
Airdrop Offers Program
The “Airdrop Offers” program motivates users to perform specific actions, such as installing frames or casting, in return for rewards. This is part of Farcaster's strategy to increase platform activity.
The launch of Snapchain and the “Airdrop Offers” program highlights Farcaster's commitment to advancing decentralized social media and adapting to modern challenges related to processing high transaction volumes.
