Building At The Edges cover image

Sufficient Decentralization — Dan Romero

Building At The Edges

CHAPTER

The Economic Model of FARCASTER

FARCASTER is a decentralized social network that lets users pay for access to other people's followers. The company has built an identity system called the FOURTH ID, which lives on chain and increments every 33rd user. Users are able to upgrade their FID at any time without having to re-sign all of their follows with different clients. And they can also buy skins from games such as Fortnite or Counter-Strike: Global Offensive in exchange for extra storage space.

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