ChainCatcher news, Farcaster co-founder Varun Srinivasan stated on the X platform that the new data layer of the Farcaster social network, Snapchain, will enter Alpha testing in December, with a goal for a full launch in the first quarter of 2025. Snapchain is written in Rust, can handle over 10,000 TPS, and will support millions of daily active users. Snapchain allows users to make unlimited transactions for a fixed annual fee. Users create accounts by initiating transactions to the registration contract on the OP mainnet. After creating an account, users can sign Snapchain transactions using the "application key" configured by the registration center.