Farcaster launches data layer Snapchain mainnet
PANews reported on March 22, according to Theblock, the decentralized social media protocol Farcaster has launched the mainnet of its "blockchain-like" data layer Snapchain and simultaneously went live with its "Airdrop Offers" incentive program to reward active users of the decentralized social media platform. According to co-founder Varun Srinivasan's announcement in December when launching the Snapchain testnet, the new system can process over 10,000 transactions per second. It is reported that it took only six months from conception to official use.
Previous news stated that Farcaster plans to launch a new data layer called Snapchain in Q1 of next year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.