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Balaji Srinivasan’s Farcaster Vision Opens With Wave of Account Bans

Balaji Srinivasan’s Farcaster Vision Opens With Wave of Account Bans

Photo: TheCoinrise

The former Coinbase executive's pitch for a tightly governed 'Singapore of social media' has coincided with a round of account suspensions on Farcaster. Balaji Srinivasan, the former Coinbase chief technology officer, has set out a new direction for the Farcaster social protocol. He has framed the project as a 'Singapore of social media,' a reference to the city-state's reputation for strict rules paired with economic order. Reports from Cointelegraph and crypto.news indicate the rollout has already triggered a wave of account bans on the platform. Farcaster is a decentralized social networking protocol built on crypto infrastructure.

Source: TheCoinrise

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