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Farcaster Launches Data Layer Snapchain Mainnet

On March 22nd, according to Theblock, decentralized social media protocol Farcaster launched a "blockchain-like" data layer Snapchain mainnet and simultaneously launched an "Airdrop Offers" incentive program to reward users who actively use the decentralized social media platform. According to co-founder Varun Srinivasan when he announced the launch of the Snapchain testnet in December, the new system can process more than 10,000 transactions per second. According to reports, the system took only six months from conception to official launch. Previously, it was reported that Farcaster plans to launch a new data layer, Snapchain, in Q1 next year.