Sufficient decentralization for social networks

This is the high level outline of Farcaster by co-founder of Warpcast Varun Srinivasan.

Every year, centralized social networks place more restrictions on what users and developers can do. They seem to believe that limiting choices is the path to a healthy network, while the opposite is probably true. A decentralized social network can challenge this hypothesis by making two powerful promises that centralized networks cannot. They can guarantee that users own a direct relationship with their audience and that developers can always build apps on the network.

Centralized social networks influence every aspect of our lives, and their shortcomings are painfully clear. Improvements in cryptography and blockchains have provided workable solutions to achieve sufficient decentralization. We have a reasonable way to build a decentralized name registry, a hybrid off-chain/on-chain architecture to scale the network, and interesting new social primitives to build on.