Web3social (@web3socialmedia) • Hey
Web3social (@web3socialmedia) • Hey
Publications
- Thinking of making a wall rug out of my milady
- Does anyone still care about bonsai?
- Introducing Lens Network. Bringing one billion users to Ethereum.
Our mission is to create an open and fair social network for all. No restrictions. A place where everyone can connect, participate, and build. We believe that digital social spaces will drive Ethereum's mainstream adoption.
We are making a big bet to scale Lens with Validiums and Volitions on Ethereum, leveraging @lens/zksync’s stack to achieve mainstream scale for the social network.
Read more on @lens/t2world: <https://app.t2.world/article/clw6l2z0018727620mc1dq26xr2>
We have opened a LIP discussion for community feedback: <https://github.com/lens-protocol/LIPs/pull/54>
- Start your (virtual) engines 🏁
To celebrate the announcement of the Lens Network, Speed Tracer launched a new track and integrated a Lens Leaderboard!
<https://www.speedtracer.xyz/127>
Comment your scores below 👇
- Bonsai 🙌
- Simspons filter on TikTok
- You wouldn't last an hour in the asylum where they raised me
- Going to @lens/ethberlin?
Join us at **afk Berlin**. More details 🔜
https://lu.ma/afkberlin
- Since a lot of people are interested in fully homomorphic encryption (FHE) recently, re-upping my article from 2020 that goes into how the math works in depth:
https://vitalik.eth.limo/general/2020/07/20/homomorphic.html
- Happy Saturday💚
Week 8 of my weekly Fashion AI drops✨
Drawing inspiration from a 90’s/Y2K era that never existed….
What would you do if you woke up to find her standing in front of you?
Prompt - Vogue cover of beautiful Japanese model with make up wearing black and white futuristic outfit, green light effects on her face, stretching out her hand forward with pink nails, with hair braided into two pigtails, she wears an elaborate hairstyle with bangs at the front that gently touches one large silver ringshaped mirror reflecting neon lights and surrounded by shiny reflective surfaces; background is green light --ar 85:128 --v 6.0
- This is a big puzzle actually 🧩
- **Farcaster Applications:**
Farcaster Protocol serves as the foundation for building various decentralized social media applications (dApps). These dApps can offer unique features and functionalities that go beyond traditional social media platforms.
**Niche Communities:** DApps can cater to specific interests, hobbies, or professions, fostering communities around shared passions.
**Tokenized Incentives:** DApps can integrate tokenized incentives to reward users for their contributions, participation, and content creation.
**Data Ownership and Monetization:** DApps can provide users with greater control over their data and enable them to monetize their content or contributions.
**Overall, Farcaster Protocol represents a promising approach to decentralized social media, empowering users, fostering community governance, and enabling innovative applications. As the NFT and Web3 ecosystems continue to evolve, Farcaster's role in shaping the future of social media is worth watching.**
- **Benefits of Farcaster Protocol:**
**User Empowerment:** Farcaster gives users control over their data, privacy, and online experiences. They can choose what information they share, how it is used, and how they interact with others.
**Community-driven Governance:** Farcaster's open-source nature and decentralized governance model enable users to participate in decision-making processes, shaping the platform's future direction.
**Resistance to Censorship:** The decentralized nature of Farcaster makes it more resistant to censorship and manipulation compared to centralized platforms. Users have more freedom of expression and can challenge inappropriate content through community moderation.
- **How Farcaster Protocol Works:**
**User Profiles:** Users create profiles on the Farcaster network, represented by unique identifiers called "casts." These profiles contain information about the user, their interests, and their posts.
**Posting and Following:** Users can post text, images, and other content to their casts. They can follow other casts to see their posts in a feed.
**Likes and Comments:** Users can like and comment on other users' posts, engaging in social interactions and discussions.
**Content Moderation:** Farcaster utilizes a decentralized moderation system, where users can flag inappropriate content for review by a community of moderators. This avoids centralized censorship and empowers users to shape the platform's content guidelines.
- **Farcaster Protocol** is a decentralized social media protocol that enables the development of decentralized social media applications (dApps). It aims to address the limitations of centralized social media platforms by providing users with greater control over their data, privacy, and online experiences.
**Key Features of Farcaster Protocol:**
**Decentralized:** Farcaster is built on a decentralized network, meaning no single entity controls the platform or user data. Users retain ownership of their data and can choose how it is shared and used.
**Open-source:** Farcaster's code is open-source, allowing anyone to contribute to its development and ensuring transparency. This fosters a community-driven approach to governance and innovation.
**Interoperable:** Farcaster is designed to be interoperable with other decentralized platforms, enabling seamless communication and data exchange across different networks.
- Overall, Web3 social networks have the potential to revolutionize the way we interact and share information online. However, there are some challenges that need to be overcome before they can become mainstream.
- Challenges: Despite the many potential advantages of Web3 social networks, there are also some challenges. Some of these challenges include:
Adoption: Web3 social networks are still in their early stages of development and have low user adoption.
Complexity: Understanding and using Web3 social networks can be more complex than Web2 platforms.
Scalability: Some Web3 social networks have not yet proven that they can scale to a large number of users.
Regulation: The regulatory landscape for Web3 social networks is still unclear.
- New possibilities: Web3 social networks open up new possibilities for applications and experiences. For example, they can be used to create new monetization mechanisms, ownership models, and governance structures.
- Customizability: Due to their decentralized nature, Web3 social networks are often more customizable than Web2 platforms. Users can tailor their profiles and experiences to their own preferences.
- Decentralization: Web3 social networks are often built on decentralized technologies such as blockchain. This means that they are not controlled by any single entity, but instead are operated by a network of users and nodes. This helps to ensure the censorship resistance and resilience of the network.
- Further Analysis of Web3 Social Networks
User data ownership: One of the core principles of Web3 social networks is that users own their own data. This means that users will have control over their profile information, posts, and other data, rather than the platform. This is in contrast to Web2 social networks, which often collect and use user data for advertising and other purposes.
- bonsai has more potential than the former, but go for it, work hard
- Degen or bonsai, that's the question.
- Bonsai
- Hopefully a better platform than Twitter will come along, as difficult as that may be
- Donut 🍩 dispenser is closed for now, brb soon on Family
- What are some interesting DePINN projects?
- Let’s goooo✨💫
- `this week on lens.` edition 42
gm gm ☀️ please share your #lens highlights of calendar week 12 in the comments :-).
`this week on lens` featuring https://hey.xyz/posts/0x01c807-0x7d by @lens/noko_ .
the revenue of this week's post will go to the lucky winner 🥁🥁🥁 @lens/pedrovilela 🥳
thank you so much for sharing your highlights last week 🤍 @lens/pedrovilela @lens/carstenpoetter
#thisWeekOnLens
- There's also the emergence of frames, which gives all kinds of people in web3 room to play, xcopy, vv, and other famous artists posting their work on it, the ease and cheapness of the base chain making it less expensive to transact, and the popularity of AA wallets making it easier for the masses to get in.
- It feels like farcaster is more ahead of the curve in the web3 social space, and with degen as an intermediary, creators are more passionate about creating.
- Met so many developers today that are moving to London
- Testing out the brand new Character Reference feature on Midjourney (—cref)
Images in the first one was generated using the second photo as a character reference.
Do you think they all look like the same person?
- After years of dismissing, attacking and ridiculing a tool which threatened the status quo, traditional finance is now swooping in our market.
Will crypto remain an alternative system?
Or simply be co-opted as TradFi infrastructure?
https://youtu.be/VbO4dSssAmE
- New tiktok on farcaster today.
- Bonsai
- This bull market is another meme bull market
- What do you like or don’t like about the Aave Protocol? would love to hear honest takes
- Happy Year of the Dragon, Builders!
- There's still a hard road ahead, but the dawn comes at last.
- Disadvantages of Web3 Social:
**Technical Barriers:** Web3 platforms often rely on emerging blockchain technology and cryptocurrencies, introducing technical barriers that can increase the difficulty of adoption and participation for the average user.
**Performance and Scalability:** The performance and scalability of blockchain networks remain challenges, resulting in slow transaction speeds and high fees, impacting the overall user experience.
**Regulatory Uncertainty:** Web3 social platforms face regulatory uncertainty and may be subject to restrictions based on various countries' regulations, especially in scenarios involving cryptocurrencies.
**Energy Consumption:** Certain blockchain technologies, such as Proof of Work, have high energy demands, raising environmental concerns and sustainability issues.
**Anonymity and Abuse:** The anonymity of Web3 social interactions may lead to the abuse of false identities and inappropriate behavior, increasing the risk of fraud and misinformation on social platforms.
**User Habit Transition:** Users may exhibit resistance to transitioning from traditional social platforms to Web3 alternatives, requiring time to adapt to new usage patterns and functionalities.
**Adoption and User Base:** Web3 social platforms currently have relatively small user bases, facing challenges in building a large user community and impacting the attractiveness of the social network.
**Smart Contract Risks:** Code vulnerabilities or errors in smart contracts may result in financial losses, presenting an additional security risk that requires careful consideration.
It's important to note that these disadvantages are not universal, and with ongoing technological advancements and platform improvements, some of these issues may be mitigated over time.
- Another year will soon be over.
- Frames😀
- Seems that a consensus is forming to progress Lens Protocol towards permissionless access. Added my ideas about the costs of creating a profile https://github.com/lens-protocol/LIPs/pull/29
- Drowsy
- The flu is bad.😰
- Here are the benefits of decentralized social media:
**User Data Privacy Protection:** Decentralized social media platforms often employ encryption and distributed technologies, offering better protection for users' personal data and privacy, preventing misuse or leaks often seen in centralized platforms.
**Censorship Resistance and Freedom of Speech:** Decentralized platforms typically operate without strict control from a single entity or government, providing users with more freedom of speech and expression without stringent censorship.
**Resistance to Censorship:** Due to their decentralized nature, these platforms are more resistant to censorship or shutdown. Data and information are distributed across multiple nodes in the network, making it difficult for unilateral control or closure.
**Decentralized Decision-Making:** In decentralized social media, decisions are often made by the community, not a single entity or corporation. This democratic approach ensures decisions are more consensus-driven and community-based.
**Sustainability and Anti-Attack:** Decentralized platforms are generally more resilient to attacks because they do not rely on a single server or infrastructure. Their distributed structure makes them less susceptible to attacks or service interruptions.
**Incentive Mechanisms and Community Rewards:** Some decentralized social media platforms utilize cryptocurrency or token-based economies to encourage user participation, content creation, and value-sharing through reward mechanisms.
While decentralized social media offers these advantages, there are also challenges and limitations such as content moderation, scalability, and user experience issues. Overcoming these technical and adoption challenges remains a part of the ongoing development of decentralized social media platforms.
- Happy New Year
- Onchain
- ethereum this, ethereum that