Farcaster Devs

Reading the Snapchain doc: https://warpcast.notion.site/Snapchain-Public-0e6b7e51faf74be1846803cb74493886

Going to cast all my stupid questions in this thread as they come up 🧵👇

> Proof of Stake — Another approach is to follow Ethereum’s staking model. Anyone can run a Hub by staking ETH on a contract 

I think PoA would be better than this — this turns validator elections into an ETH bridging / event messaging problem, which is arguably worse

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

Agreed

But if we need some form of validator elections, would suggest:
- native asset 🫢 
- using sybil-resistant identity based elections (qDAUs?)

The latter seems like the more interesting approach but essentially becomes corp gov

The problem with PoA is the question of credible neutrality. Short term while we make sure we nail down the right approach it makes sense, long term it is not aligned to a fully decentralized protocol (unless the A in PoA is governance driven, and that's its own can of worms)

Give examples where the validator set is a decent size (10+) and are controlled by reasonably distinct entities?