Balaji Srinivasan’s Network School Buys Farcaster and Rolls Out New Rules

Balaji Srinivasan's Network School acquired Farcaster from Neynar and renamed it the Network State Protocol. Several users said their accounts went read-only on the same day because of older posts that broke the new rules. Users must accept a 'social smart contract' or keep only read-only access, while holding on to their keys and funds.