Binance Research just published a paper called "Web3 Social: Road to Mass Adoption".
Many players are discussed including DeSo, Lens, and Farcaster. On DeSo, it says:
"[...] building custom L1s is a double-edged sword. While it allows fast transactions and low content storage costs, it loses valuable connection with the existing dApp and identity ecosystem on chains like Ethereum."
Their opinion, like mine, is that modularity and composability will be key factors in the success of Web3 Social.
Guess I'm not the only one who believes that Lens checks all the boxes.
Cyberconnect sounds interesting.. but it seems the user needs to link all their accounts at some point in the onboarding. That's a big hurdle to overcome.
![Binance Research just published a paper called "Web3 Social: Road to Mass Adoption".
Many players are discussed including DeSo, Lens, and Farcaster. On DeSo, it says:
"[...] building custom L1s is a double-edged sword. While it allows fast transactions and low content storage costs, it loses valuable connection with the existing dApp and identity ecosystem on chains like Ethereum."
Their opinion, like mine, is that modularity and composability will be key factors in the success of Web3 Social...](https://images.deso.org/9dec8c9fdaf93f2b9210a29aba5264a89a615a7316dc01432eef0fe749f3549b.webp)
Binance Research just published a paper called "Web3 Social: Road to Mass Adoption".
Many players are discussed including DeSo, Lens, and Farcaster. On DeSo, it says:
"[...] building custom L1s is a double-edged sword. While it allows fast transactions and low content storage costs, it loses valuable connection with the existing dApp and identity ecosystem on chains like Ethereum."
Their opinion, like mine, is that modularity and composability will be key factors in the success of Web3 Social.
Guess I'm not the only one who believes that Lens checks all the boxes.
research.binance.com/static/pdf/Web3_Social_ Road_to_Mass_Adoption.pdf
Can you find any reason that Farcaster would achieve more adoption over the long term than Lens?
Cyberconnect sounds interesting.. but it seems the user needs to link all their accounts at some point in the onboarding. That's a big hurdle to overcome.
Loving to post food contents on Lens. :)
👀👀
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