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ethereum team leader Péter Szilágyi criticized Farcaster for alleged bot manipulation, raising concerns about the platform's transparency.
ethereum lead developer Péter Szilágyi appears not to be a big fan of Farcaster, an open-source decentralized social network, implying that the platform is rife with bot manipulation.
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In a recent Farcaster.
Szilágyi alleges that there is a “crazy conflict of interest” for the network's developers to not fix the problem, as non-advanced users (those with fewer than 400 followers) are filtered out “by default from everyone's feed,” adding that The current state of the project resembles a “money printer and user.”
“In my opinion, the biggest problem is that there is a crazy conflict of interest for the FC developers (Farcaster) not to get rid of the bots. It is a money printer and user. They just need to make them not annoying enough to make real users leave.” Peter Szilágyi
At press time, Farcaster made no public statements on the matter. crypto.news has contacted the project and will update the article if we receive any response.
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This is not the first time that Szilágyi has expressed concern about network transparency. In February, the blockchain developer questioned Farcaster's “organic growth” in an x post, saying his Farcaster account grew tenfold in a matter of a few days with “0 activity.”
Founded in 2020, Farcaster is a decentralized social network similar to x but built on Optimism, a layer 2 solution for ethereum. In late March, reports emerged that Merkle Manufactory, the company behind Farcaster, was close to securing a major funding round led by Paradigm, valuing the company at around $1 billion. In July 2022, the company raised $30 million in a round led by the a16z cryptocurrency.
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