Farcaster was just another VC-funded cash grab, slapping trendy words like "decentralization" and "crypto" on their pitch deck to get investors. Swapping out the original founders for some "community devs" won't fix the broken architecture. It's still a walled garden dressed up as something revolutionary, a closed ecosystem that requires the usage of one private key, one protocol, and one network. Neynar clearly states in the acquisition announcement that it runs infrastructure of Farcaster.

Spasm operates on fundamentally different principles because it was architected from day one as a genuinely open ecosystem. Unlike its centralized counterparts, Spasm embraces true interoperability by supporting diverse private keys, multiple protocols, and various networks. Most importantly, its infrastructure isn't controlled by any corporate entity but is collectively maintained and governed by the community itself, ensuring it remains resistant to the capture and acquisitions that plague supposedly "decentralized" projects from Steem to Farcaster.