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Farcaster's Big Moment with Founder Dan Romero
Bankless
Decentralized App Architecture with Forecaster Protocol
The app utilizes the Forecaster Protocol, a decentralized layer of servers that peer together to reach network consensus. This protocol allows for sharing of information without centralized control, similar to BitTorrent. Users can run hubs to participate in the network, with each hub containing a full copy of the network data. While the majority of the system operates without a blockchain, the crucial part is the identity system, where each user is assigned a unique integer identity (fid) on the Forecaster Protocol's blockchain. This identity system enables users to interact with the network without needing permission or relying on external parties.
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