social media | ForkLog

ForkLog 54 22.05.2024

Vitalik Buterin Proposes Zero-Knowledge Likes

Ethereum co-founder Vitalik Buterin has endorsed developer X Wang Haofei’s idea of confidential likes and suggested implementing the initiative on the social network Farcaster. Source: Warpcast. He expanded on this proposal by suggesting the use of zero-knowledge (ZK) proofs to combat “preference falsification.” “Preference falsification is a big problem in society, and we need to […]

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ForkLog 35 22.05.2024

Blockchain Social Network Farcaster Secures $150 Million

The blockchain-based social network project Farcaster has secured $150 million in funding, led by Paradigm. Excited to share the news about our recent fundraise! pic.twitter.com/KJxuPJrtqg — Dan Romero (@dwr) May 21, 2024 The funding round included participation from Andreessen Horowitz (a16z), Haun, USV, Variant, Standard Crypto, and several other firms. Farcaster co-founder Dan Romero stated […]

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ForkLog 14 16.05.2024

Study Reveals Crypto Influencers’ Recommendations Lead to Losses

The average cumulative return on positions opened based on crypto influencers’ signals on X was -2.24% after 10 days and -6.53% after 30 days, according to researchers from three universities. The return on investments on the first and second days following recommendations was 1.83% and 1.57%, respectively, with small-cap tokens seeing a 3.86% increase after […]

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ForkLog 41 08.04.2024

Decentralised society and its enemies: Can DeSoc replace X, Facebook and YouTube

In May 2022 a paper, “Decentralised Society: Finding Web3’s Soul”, by Vitalik Buterin, Glen Weyl and Puja Ohlhaver set out the idea of soulbound tokens (SBTs) and called for the creation of a decentralised society (Decentralised Society). The term is widely thought to have entered public discourse then. As the crypto community embraced the idea, […]

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ForkLog 57 23.02.2024

Farcaster Integrates Solana Address Verification

The decentralized social platform Farcaster has integrated support for Solana, enabling users to verify addresses on the blockchain. You can now verify Solana addresses on Farcaster! Verifications are part of the protocol, i.e. decentralized, and are permissionlessly available on Hubs. pic.twitter.com/GMgj8SZxHK — Dan Romero (@dwr) February 23, 2024 “Verifications are part of the protocol, meaning […]

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ForkLog 21 07.02.2024

Bluesky Opens to the Public: Inside Jack Dorsey’s Decentralized Social Network

On February 6th, Bluesky, a decentralized alternative to the social network X, backed by Twitter co-founder and former CEO Jack Dorsey, opened to the public following a beta test involving over 3 million users. You can now sign up for Bluesky without an invite! ?https://t.co/rUyMjYVEkt pic.twitter.com/PaT4Z6hJnu — bluesky (@bluesky) February 6, 2024 “When you enter […]

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ForkLog 42 06.02.2024

Farcaster’s User Base Expands Ninefold Following Frames Launch

From January 25, the day before the launch of Frames functionality, to February 3, the number of daily active users of the social protocol Farcaster on OP Mainnet increased 9.3 times — from 2,700 to 25,000 (ATH). This was reported by The Block. The number of content creators in social applications based on the protocol […]

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ForkLog 8 21.10.2023

Elon Musk unveils two new tiers of X Premium subscriptions

The social network X will launch two new tiers of X Premium subscriptions, according to Elon Musk.

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ForkLog 86 19.10.2023

How Web3 social networks work

Which Web3 social networks already exist and how they address the challenges of decentralisation.

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ForkLog 85 15.10.2023

What is Friend.Tech for?

How Friend.Tech works and what helped it come back from ‘clinical death’.

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ForkLog 36 09.10.2023

Friend.Tech clone on Avalanche hacked for $3 million

On October 7, the SocialFi app Stars Arena, inspired by Friend.Tech, lost 266,103 AVAX (~$3 million) due to a 'serious security breach' in the smart contracts.

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ForkLog 28 05.10.2023

Friend.Tech clone boosts activity on the Avalanche network

The social app Stars Arena, inspired by Friend.Tech, spurred transaction activity on the Avalanche network.

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