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Regulation

Balaji’s Farcaster takeover sparks wave of account bans

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Farcaster has introduced new moderation rules and restricted some user accounts following its October 15 acquisition by Balaji Srinivasan’s Network School, prompting complaints from members of the decentralized social network. Network School announced that it was taking over the platform from Neynar and introducing a new operating model called the Network State Protocol. The changes require users to accept a code of conduct to continue participating through Farcaster’s main application. Several users reported receiving notifications that their accounts had been switched to read-only mode over earlier posts. The restrictions drew criticism from community members who questioned whether the new moderation policy was consistent with Farcaster’s decentralized structure. Srinivasan defended the changes, saying the platform needed stronger rules to create a community focused on cooperation, technology, and constructive discussions.

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