Bullish ETH, Farcaster's explosive growth and more - The Daily Gwei Refuel #725 - Ethereum Updates
5 Feb 2024 · 30:35
Anthony Sassano, Ethereum educator and EthHub co-founder, hosts this Daily Gwei Refuel recapping recent Ethereum and crypto news. The episode covers research into adjusting Ethereum's block gas limit, the growing use of ETH as a base currency across gaming, social, and corporate platforms, and Farcaster's rapid growth as Warpcast climbs Apple's App Store charts and passes 10,000 hourly active users.
Speakers
Topics
Transcript
hello everyone welcome to another episode of the Del refuel where cup latest news in etherum ecosystem I'm your host and the 5th of February 2024 all right everyone let's get into it so not too much to get through today since I did a refill on Saturday so a bit light on content here but I am going to talk a lot about farcaster today so that's that's the back half of today's episode because as you guys know over the weekend farcaster just blew up and you guys know that I've been talking about farcaster for quite a while now so I'm going to go all into that but to kick things off today a post that I just came across I think this was published not too long ago maybe an hour ago from Tony here and vitalik uh called on increasing the block gas limit now this
is an eth research post basically all about introducing the concept of a rollup Centric block size now as I said this was released an hour ago so I only had time to briefly go over this but there is a TDR at the top that I I can kind of speak to but from my brief look at this it's basically a bunch of ideas around how to essentially make L1 blocks uh I guess like more favorable to l2s more favorable to rollups and in in particular make blobs uh more favorable to to roll ups over call data and essentially price out things out of Co data that shouldn't be in there that's my kind of first impression here but the tldr that Tony gives at the top is uh he says by increasing the block gas limit
and the price of non-zero C data byes a smaller and less variable block size can be achieved making space to add more blobs in the future so that's alluding to that's that's basically um confirming what I was saying about the blobs just before uh increasing the price for non-zero call data reduces the maximum possible block size at the same time the block gas limit could be raised to make more space for regular transactions which further incentivizes the transition to using blobs for data availability strengthening the multi-dimensional fee Market by reducing competition between call data and blobs which I guess is exactly the goal here like as I've explained before with blob St transactions coming with EIP 4844 uh people are still going to be able to use cold data people being rollups or or others are still going to
be able to use C data and there is an option for kind of like an Arbitrage between C data and blobs depending on the price and I guess the goal of this is to basically make it so that people use blobs instead of call data for roll up uh I guess like related things in order to uh best utilize ethereum's available block space uh and then finally here uh Tony says it slows down state growth which might be preferable in preparing for the vericle upgrades as you guys know the vericle upgrades are coming as of The Verge upgrade which is probably going to happen next year sometime and also uh I will be covering more of the verle stuff as time goes on because as I've said it's it's beginning to heat up a lot uh so keep an eye out for that and I will cover it uh you know
as it comes out uh basically but anyway enough on that topic for now you can go give this a read I'll link it in the YouTube description below uh but from from kind of like my first impressions here there are a lot of trade-offs to each method I mean you can see the pros and cons at the bottom of each kind of me method that that vitalic and Tony have come up with here but really the North Star the ultimate goal is to make it so that the blocks are used as efficiently as possible especially when it comes to the uh the blocks being used by layer twos and rollups and so on and so forth and there's a nice little kind of graphic here showing this and showing what it basically could look like so today we have a gas limit and we have
cheap Co data and then you can see here what the kind of uh block blocks look like and then after RP 4844 we're now going to have blobs added to this you've got the consensus layer uh the execution layer and then blobs and then there's with this proposal it basically wants to add blobs to uh basically make a multi-dimensional fee market for blobs and C data and then in in the future that you know we can keep adding more and more blobs to this uh and essentially do that same thing where we've got more blobs we've got multi-dimensional fee markets so that we can basically compartmentalize the different kind of transaction types at least that's my understanding of this but as I said don't don't take that like as gospel because this certainly came out recently highly recommend giving it a read for yourself but this again falls
into the theme of a lot of discussions around the block gas limit on ethereum uh and why we haven't increased it or you know should we increase it but I think that given that ethereum has a rollup Centric road map it would make sense for the block sizes or the gas limits or basically the block space of ethereum layer one to be tuned to Service uh layer twos but while while also sticking to servicing layer one users as well so basically as I said compartmentalizing these use cases and separating them out uh without having to force them all to use the same essentially the same kind of block space here and use the same fee market now in saying that I do want to kind of talk about a related topic here about layer 1
ethereum there's this common belief and popular I would call it myth that ethereum layer one has completely given up on scaling we've completely given up on scaling ethereum layer 1 that is not true ethereum layer 1 is being scaled for layer 2os and rollups and is being being kind of um uh made as efficient and effective for those use cases but ethereum layer 1 itself is also undergoing its own scalability improvements for the layer one The Verge is a big part of this basically getting vericle trees in doing statelessness doing State expiry so that we could potentially increase the gas limit by we could go from anywhere from 10 to 100x it just depends on I guess um what what kind of other parameters are set during these other upgrades and it's probably not going to happen for a little while but still that's one big thing there the
other big thing is eventually INR ing a ZK evm at layer 1 now this is technically not a layer 2 so I see people call like an enshrined ZK evm at layer 2 from my understanding it wouldn't technically be considered a layer two because it is for all intents and purposes part of the layer one it becomes part of the core layer one protocol spec so it doesn't sit above the protocol as a layer two it sits in the protocol essentially so it is not a layer two yet it is harnessing that zkm technology that rollup technology in order to provide scalability uh for layer one here now that comes with its own trade-offs as I've discussed before I'm not like a huge fan of enshrined ZK VMS as like this Silver Bullet that people think they are because if you are
part of the core protocol as uh you know as ekm you are basically limited by the core protocol so that means governance limitations where you can't change you have to you can't change on your own accord you have to go through the ethereum L1 governance process you're limited to only evm as well so you can't just experiment like these other layer twos can and you basically have to follow the rules of the layer one uh protocol to a te you can't change them yourself you have to go through the governance process to change them if you if you want to change them there so there is or are use cases for that but at the same time I much prefer the general layer 2 row map that we have because it allows for a lot more experimentation than we otherwise would have would have had there now uh there's
there's also other upgrades coming to ethereum layer one that add to scalability as well uh but those are all on the road map you can go check them out uh you can actually check them out at the website the um the website that I uh that I highlighted the other day I think I'm actually just trying to bring it up here I can't remember exactly what the URL is um but there is it is linked in one of the refuels from earlier but I'll have to get that link and basically share it when I can but yeah that's basically a myth that the layer one isn't scaling for the layer one it's scaling for both and it's just that we we're prioritizing layer twos because that really is the long-term sustainable kind of road map for ethereum scalability uh whereas layer one is I don't want to say it's a second class
citizen in that world but it kind of is uh in terms of scaling for users because it's it's it's kind of hard to have like the best of all Worlds at the same time because you have to make a decision given that the ethereum layer one governance process is so slow given that we want to be cautious about what changes we make we can't be making like radical changes to both the layer one for for layer one users and the layer one for layer 2 users because the devs in particular like to kind of I guess separate these things out and not overload the amount of kind of eips that are going into an upgrade for a bunch of different reasons you know security and reliability being being the top two of course but also just like the massive overhead that it puts on all the client
teams uh in order to get these things shipped and then we end up kind of I guess exploding out the scope of an upgrade and it becomes you know there's just delays everywhere and it just becomes kind of a kind of a shitfest for lack of a better term there so that's why we kind of avoid that at least from from what I can tell uh but generally as I said it is a myth that layer one is not being scaled and this is actually scaling layer one what I've just showed you today in this post here uh layer one for for for kind of like layer one users but anyway you can go check out this post I'll link it in the YouTube description for you to do so all right so a great tweet that I came across from Vance Spencer today where he said going
to be hard to compete with the ethereum on boarding funnel and he has a list of kind of dot points here where he says gaming l2s such as immutable X and Ronin corporate l2s with Bas and worldcoin social l2s with lens and farcaster and all of the hundreds of l2s splitting out tokens to acquire users they will all use eth as their base currency and then he continues on top of this once reaking hits denune launches etf's launch and E BTC hits new all-time highs the cope and see will be immeasurable so that was quite funny to see that because there obviously has been a lot of ethereum and eth bashing over the last few months for various different reasons but you know we don't worry about that too much on the refu we're always kind of keeping the long-term uh goal in mind which is
scaling ethereum to the world in the most sustainable manner that we can while preserving ethereum's uh important properties such as decentralization uh security and sustainability now I want to hit on each of these points with kind of some opinions here so when it comes to gaming overall in crypto you guys know I've been I wouldn't say bearish on it but I've been kind of taking this really long-term view where essentially I want to see more of the crypto native games Le look less like ponzi's and more like games and I think that the the the leading ecosystem for this right now is immutable definitely they are on boarding the most legit games from or the most legit crypto games from what I can see and not all of them are just like straight up ponies where you're just speculating on things and of course uh that leads to some short-term usage
and it may look like you're getting a lot of um a lot of usage but it's just very very short term uh and then of course Vance mentions Ronin here which is part of the axi Infinity uh ecosystem they obviously had like a really big I guess uh Fan Fair or a lot of hype around it during the bull market where there was a lot of farming going on a lot of uh kind of I guess like speculation going on on farming these particular tokens within axi infinity and that led to a very kind of Ponzi like curve and that I think has been a very big lesson to everyone building gaming or crypto gaming related things within the ecosystem in that like if you optimize for ponies and optimize for speculation you're going to get that but you're going to get that in a very
shortterm way and then you're going to lose all of that momentum and it can be hard to gain that back in saying that from what I've seen you know the ax Infinity Ronin ecosystem they've been building they've continued to build I think they're trying to kind of you know definitely get away from all that speculation and Ponzi esque stuff and just make a good game I think that's really what people have to be focusing on here you have to make a good game first and then you can worry about what crypto stuff you can add to it to make it uh you know to to enhance the game essentially because if you just start and say I'm going to make a crypto game like there's not that's not really defined in my eyes like like I think like if you say you're going to make a
crypto game I think for a lot of people the first thing that comes into their head is that I'm going to make a Ponzi right because that's what a lot of these things traditionally have been they haven't just haven't really been fun games there just been things that you would Farm it's really the same kind of concept as airdrop farming or any other such kind of uh uh farming that someone does and what ends up happening is that it just makes it pretty it's like nfts people said you know nfts were just tokens with pictures attached to them like as20 tokens with pictures attached to them so if you want to avoid that if you want to actually optimize for non-speculative stuff then obviously you have to with gaming build a good game first then add some crypto stuff on top so the second Point Vance come comes up
with here is saying corporate l2s such as bass and worldcoin I I don't know if I describe them exactly as corporate l2s I mean I get why he calls them this obviously because bass is being made by coinbase worldcoin is made by I don't know worldcoin Foundation or something or some company that there is behind worldcoin there but at least in bases case the the long-term goal is to completely decentralize Bas now I know obviously coinbase will still have a very big voice in bases development for a very long time it will Pro pretty much always be attached to coinbase as their thing even if it is fully decentralized so I get get I guess from that perspective it it does make sense to call it a corporate L2 um but at the same time uh you know I don't think it really matters what you call it I think
it's just semantics and I think I'm just like being you know being a bit pedantic about this year um but the whole point is that they're going to bring on a lot of new users and bass in particular has actually uh become the go-to chain for social related apps like farcaster activity related activity on Bas is exploding like it's absolutely crazy there's these frame things going on uh there's these kind of native Bas I guess like meme coins that kind of like integrated within farcast star now I'm not going to make it I'm not going to give an opinion on on whether meme coins are good or bad or or what have you but that stuff is happening definitely on Bas here so they've managed to differentiate themselves from some of these other l2s out there which is great to see and of course worldcoin has like a very
divisive uh background to it I know everyone's got an opinion on worldcoin I don't know if I've ever given my opinion on it but I mean I don't know enough about it to have like informed opinion so I'm not going to give an informed opinion but regardless of what I think or what anyone else thinks it exists it's been growing you know it is on L2 it is using optimism's technology here so yeah it definitely does count as an onboarding funnel now uh you know Vance continues and says social l2s such as lens and farcaster that's obviously really big at the moment and as I said I'm going to talk about farcaster a little bit later in the episode but that again is something that we haven't traditionally seen within crypto you know I know that we you know there was a bit of specul Fanfare around frch a few
months ago and I remember saying on the refu that I was impressed with frch not because of what frch was but because of the onboarding flow it just felt simpler than what we had traditionally and farcaster has actually gone beyond that and made it even simpler than that so that's why I was kind of excited about French at the time but in terms of the actual platform I mean it was based on a bonding curve it was like basically paid groups it was very Ponzi esque so it lended it lent itself to not being sustainable by doing that whereas farcaster nothing like that I mean there is stuff there is that activity going on on the platform but farcaster itself is not built as a pure speculative D gen kind of uh I guess like platform with a with a I guess bonding curve on it that
people can just create paid groups and stuff like that like it it's it's definitely built from the ground up to be a Crypton native social network uh without that kind of stuff attached to it but as I said I'm going to talk more about that later and lens is the same of course I think that right now lens is in a bit of a tough spot because it has kind of lost The Narrative War so far to farcaster and I think really it just comes down to UI ux farcaster has better ui/ux than lens right now and that that's all it really takes at the end of the day guys is that when you can create something that's just really easy to onboard people people are more likely and more willing to onboard to it and then obviously there's a fly whe effect where they see their friends on it and
then they onboard to it because of that and then if the onboarding process is smooth they just going to go through it and they're just going to do it and that's exactly what it is with farcaster right now it's just a very smooth onboard process and then Vance continues and says all the other l2s spitting out to tokens to acquire users which is kind of another topic that I think divides people because when you think about it from the perspective of people saying oh well these tokens that these l2s are doing they take value away from eth or they fracture the beard away from eth because people are buying these tokens instead of eth and to that I say that yes and no because it depends on your time frame as usual yes maybe in the short term that happens but it really depends on how many people actually want
to hold those things for the long term and if they are holding them just because they want to hold it during the bull market and then take profits from those things into eth to stack more eth right but then you could also make the argument about anything it doesn't have to be just L2 tokens you can say well people are buy you know if for every dollar that goes into such and such token it means it's not going into this other token and that's true but again it depends on time frames like if someone is buying let's say some random meme coin they're speculating on it and they're thinking to themselves I'm not going to hold this for very long but hey I want to speculate on it because I want to Stack more eth let's say they buy and then a week later they sell it for eth
and how long are they going to hold that eth for well let's say that it's part of their long-term stack so now they're holding that eth for years and years right so it all depends on time frames here yes a dollar went into this mem coin that would have gone into eth but hey if that person 10x on the meme coin and they managed to take profit which obviously is not everyone but let's just say for the sake of this this is a smart PE a smart person and they took profit that $10 now goes into eth right so it's not as simple as saying that if the money goes into these tokens it means it's not going into eth that's bearish for eth it's it's definitely not that simple markets are infinitely more complex than that so that's just one thing that I've seen kind of talked
about a little bit recently uh and that flows into what I wanted to talk about uh uh next about Vance's next tweet sorry I should say where he said that he thinks e BTC is going to hit new all-time highs and honestly guys I know ebtc uh has been lagging for a little while now especially because obviously BTC has had the ETF narrative especially because we haven't really seen much new money come into crypto it's really just gone into BTC and then from there it's kind of flowed down the risk curve a lot more but I don't see a reason why e BTC can't go up only from here into the bull market like we have everything going for us eth has so many Tailwinds behind it right now as an asset the ethereum network has so many Tailwinds behind it as a um as an ecosystem and as as a
network and the just the fact that eth is just getting increasingly used as money across the entire crypto ecosystem is the bull case for eth like I've always said it that the number one thing that a Cru value to eth it's not the fee burn it's not fee Revenue it's not E uses defy collateral it's not e use in staking the number one value driver by far to eth in my opinion at least is eth's use as money and its use as a store of value which go hand inand and if we increase th that use through increasing E network effect as an asset across the entire crypto ecosystem and beyond that is what drives the most amount amount of value to e and then everything else feeds on top of that the burn feeds into that the nice looking fear Revenue
feed into that staking feeds into it reaking feed it all just feeds on itself but first and foremost eth is a money eth is a store of value and that is where it gets most of its value from and that is what is going to continue driving most of its value to it and that is the main reason why I'm bullish on E until I stop stop seeing eth being used as money until I see that slowing down there is zero reason for me to even think about being bearish on eth and I know it's saced for me to say those words bearish on eth but like I don't foresee that happening especially in the face of getting an ETF especially in the face of all of these l2s popping up that yes okay a lot of them won't succeed but they're using eth as money that
reinforces eth Network effect that basically just keeps it in people's mind that eth is the money of the crypto ecosystem it's the money that you want to use and it's the money that is and it's the thing that you want to hold as well because it's valuable and it's going to go up over time so that's why I think ebtc has a pretty clear shot to all-time highs definitely and I think the all-time high for eth BTC is 05 or something just like just before the flipping I'm not going to start saying the flipping or anything like that at this stage cuz I'll just curse ebtc ebtc forever but yeah I think that you're kidding yourself if you don't think that eth can go to all-time highs against BTC here um but you know and I think that Vance is right here the cope and Seed will be immeasurable because
not only will you see a lot of coping from the BTC Maxis who just you know always love to make fun of us but also a lot of these other U communities now that have just been bashing eth in ethereum for so long all all of their narratives that they've come up with are just completely breaking away and completely fading away like the l2s are onboarding more people and getting more usage than any of these other ecosystems by far and they're more sustainable as well you guys know that my North Star is sustainability in this ecosystem and I don't see anything more sustainable than ethereum and its l2s anyway moving on from that one uh so I came up came across this tweet today from zerox and not going to make it who is most well known for building defi Lama they've put together a nice little tool tool here
called small refill.com so what this does is it users permits to do a swap that requires no initial eth so you can get your first eth on various different chains so for example if you're on op mainnet and you have no eth and you want to get some eth you can go on you know you want to convert another asset to e say you have op on there then you can use this to do that and what it basically does in the background it uses what's called in an intense bait system where essentially these offchain from my understanding kind of like um a market maret makers I think this is powered by by Paras swap these offchain market makers basically fulfill the order and pay the fee for you so very pay the fee and eth for you and then give you the eth very similar to how it works in cow
swap I believe uh and this is why people are excited about intense because it basically allows us to abstract away so much of this stuff um but yeah I mean you're still using obviously eth as as money here you're still acquiring eth eth is still the fee token that gets paid and everything in between so we're just abstracting away from the end user which is obviously the number one thing that we should be doing with every in crypto is making it as seamless as possible to on board onto no matter what chain you're on whether it's in the ethereum ecosystem or otherwise it should be as seamless as possible here so you can go check that out I'll link it in the YouTube description below for you to do so all right so I got the last 10 or so minutes here that I want to dedicate all
to farcaster because that's probably all you've been hearing about over the last few days now I want to start by saying that uh congrats to all of you that basically how early farter adopters because I know there's been some perks so far on farcaster uh that you've been able to kind of claim whether it be nfts or some tokens and things like that and honestly if farcaster ever does an airdrop I'm sure they were going to reward their earliest users uh which is really awesome but you know I I invited I think like a hundred plus or hundreds of people uh when when I was sending out those invites to farcaster early on uh and those people went on and became really early users so kudos to you guys for being early adopters there but you guys know I've been talking about farcast for a very long time and it's
been hard for me to kind of uh switch over or at least and I use it more because I'm so used to using Twitter but now that it's got gotten so much attention it's kind of a massive forcing function for me to continue to use it and to make sure I'm not not neglecting it and using it more and more which is what I've been doing over the last few days especially and I did mention this last week as well but it's been a long time coming I mean you know it's funny I went back and looked at my emails the first call I had with Dan Romero was on November 2021 and I had an intro to him from Tim Boo at the time but that's how I mean and and this was when farcaster was already built out it was like live in some some kind of closed Beta And I
think I couldn't use it initially because there was only a Mac client available and I didn't have a Mac at the time and now and then I got a Mac and I ended up ended up using it there uh but essentially he's been building this for a very long time so anyone who thinks this is an overnight success no it's not an overnight success Dan has been at this with his team for quite a while now uh and they've been they've been improving it all along the way but it's been quite a while November 2021 was when I first talked to Dan about this I don't know exactly when they started developing it maybe it was sometime in 2021 one but yeah I mean it's been like 2 years now or something like that like yeah a bit a bit over 2 years since the
last time I I spoke to Dan here about this now uh you see here that Dan Romero put a put out a tweet today kind of ironic that he put out a tweet about this but kind of funny where he said uh that wallcast is climbing up the top charts of the social networking category on the App Store it's now number 38 and it passed we chat which is a pretty great achievement here I think this is going to keep running for a little bit because there is obviously a lot of fanfare around warcast right now which is one of the client for far farcaster it's the most popular client for farcaster but there are of course other clients out there and I will make a note here that I saw some people kind of uh getting upset because warcast had to disable signups for certain geographical
um jurisdictions around the world I know that Asia ended up getting uh psed for a little while and that was because warcast kept getting overloaded with Spam from these jurisdictions obviously people were trying to spin up accounts to do some potential airdrop farming or just kind of jump on a trend or whatever um and people were calling this you know censor ship and I'm like eh I wouldn't call it censorship I'd call it you know wanting to basically keep the um the app online and keep it online for everyone and basically not have it so that it's just constantly offline but at the same time the beautiful thing about farcaster guys as as you guys know by now is that there are multiple clients for farcaster it is farcaster is the protocol and actually I've got a really nice um little architecture diagram here which
I'll link in the YouTube description below but this is basically our farter works farcaster is a protocol and anyone can build a uh a front end on top of this you can have warcast there is supercast there is a Yap there is a few others out there but anyone can build their own and you can also I don't I don't know if you can do that this right now you you probably will be you probably are able to host the front end locally on your own machine as well so if you're worried about censorship and any way shape or form that's not going to be an issue on farter because your profile is actually stored on chain as you can see here it's stored on ethereum uh on op main net I should say and then onto obviously settling down to ethereum so you basically take your profile with
you wherever you go that whether that be warcast or supercast or whatever whatever else it is at a local kind of clients there is no way to censor you from farcaster unless the faras people running farcaster nodes are censoring you uh themselves which obviously is uh you know is a lot it takes a lot more to do than it would would take a front end to censor you and as I've said before centralized front ends are not sensorship resistant in their very nature because they're centralized guys like you can't expect censorship resistance from centralized frontends that's that's why we have multiple front ends for things and that's not just applies to fast it applies to defi apps and other things in the crypto ecosystem that's the whole beauty of this the back end is decentralized front end can be centralized or decentralized that's
that's the beauty of it guys I just wanted to kind of point that one out there but you can go check out this architecture diagram which basically gives you a nice high level about how farcaster works I'll link it in the YouTube description below but I described it as like the perfect marriage between web 2 infrastructure and web 3 infrastructure to enable a uniquely kind of crypto native experience without having to have everything on chain cuz that's the goal guys like I've said it before and I'll say it again most things in crypto are never going to be on chain uh they're going to be offchain and then what's going to be onchain is basically like a ZK proof or an identity system or your profile like most of it's just going to be offchain and that's okay because it still enables the same kind of use cases
just in a much more efficient and and sustainable way here so yeah you can go check that one out uh but Dan Romero also posted on farar that uh one day ago so yesterday was the first time farter hit 10,000 hourly active users which is very very cool so the you you know the coolest thing about this is still that I know that there's a fair bit of speculation going on on farcaster right now but farcaster itself is a non-speculative app and people were comparing farcaster to frch saying that oh is this going to be another flash in the pan where everyone just Hypes it up everyone just gets on there and then everyone leaves I strongly believe that's not going to be the case for a few reasons one as I said before farcaster has been around for a very long time now and has been building this
momentum for a very long time two podcaster is built to be a social network a Crypton native social network but it's not built to be one with like a Ponzi bonding curve it's not it's not built to be one with just speculation at its core it's built to be basically a Twitter clone plus so many other things right like it I mean calling it a Twitter clone is doing it a disservice it's got all of the features of of Twitter that you would want or at least like not all of the features but a lot of the features that you would want such as sending out you know tweets or they call them casts of course recasting having DMS uh finding communities but then it has bonuses on top of it like channels which are really really cool like different channels you can kind of
have here uh they've got the Crypton native Integrations with things like frames they've got the fact that you can have your profile stored on chain and that means you can use other front ends you're not just locked into um the front end that is obviously Twitter you're locked into their front end you can't use third party front ends a fun fact you used to be able to do that a while ago and then they shut that down same with Facebook you know all these uh web 2 apps actually allowed multiple front ends and they shut them down because they're centralized guys whereas farcaster is distinctly different here so I don't think this is a flash in the pan yes I do think some of the hype and speculation will subside but all in all I think that farcaster is the the future of crypto social uh social media here
and I and I'm rooting for lens as well but I think lens needs to fix its UI and ux uh issues and make on boarding a lot smoother and a lot easier before people are going to want going to want to kind of onboard onto there but I really do believe that farcaster is is going to be the future here I do believe that a lot of the most interesting stuff is within crypto is going to be happening on farter and and I also believe that FASA can break away from just being crypto it can break into other communities and they'll come slowly but surely but definitely it's pretty much almost 100% crypto I would say at this point which is only natural given that that's the onboarding kind of funnel they went with but still great to see just such exponential kind of growth that we've
been seeing uh over the last few days especially here now final thing I'll say on forast though is that I created a new daily grade channel on there so what you can do is you can go follow this Channel with your farcaster accounts and and then whenever I post stuff related to the Daily gay I'll just post it there and you'll see it in the daily way Channel and you can just browse through that and other people can post to this channel as well so if you have ideas actually of things that you want me to feature on the daily guay or talk about on The Daily guay or maybe you have questions you want to ask me this is probably the best place to do it because not only do other people get to see see it interact with it as well I can see it
uh in in you know in a in a kind of like nice um centralized spot where I can where I can see all your questions and all your suggestions and talk about it on the refu here so definitely go follow that channel it'll be linked in the YouTube description below and if you haven't onboarded the faras yet what are you waiting for guys go ahead and do it it's very easy you can do it through warcast um mainly I think warcast is like the main way to on board right now so you just go to wpc.us some of the others out there but wobcast is probably the easiest right now uh so you can go do that uh you know when you have some time but I think on that note that's going to be it for today's episode so thank everyone for listening and watching be sure to
subscribe to the channel if you haven't yet give it a thumbs up subscribe to newsletter join the Discord Channel and I'll catch you all tomorrow thanks everyone