PANews news on March 22, according to Theblock, the decentralized social media protocol Farcaster launched its "blockchain-like" data layer Snapchain mainnet, and simultaneously launched the "Airdrop Offers" incentive program to reward users who actively use the decentralized social media platform. According to co-founder Varun Srinivasan's announcement of the Snapchain testnet launch in December, the new system can process over 10,000 transactions per second. Reports indicate that the system took only six months from conception to official deployment.

Previous news, Farcaster plans to launch the new data layer Snapchain in Q1 next year.