borged.eth

@borged.eth

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360 Followers

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Still think this way: FC hubs need some incentive to provide client-agnostic infra. Also there should be a way for MM to make money in case warpcast gets outcompeted. Otherwise they are in a very tricky spot (trying to maintain dominance at all costs, to the detriment of decentralization).

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decentralized social media can't come soon enough

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good take. the gov should be ready to buy stocks at the price it sees fit to tax https://x.com/dsiroker/status/1826482728663220254

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The everything bubble trad art edition https://archive.ph/8HXl2

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Yes, but would be even better if MM figures out a way to make money from developing Farcaster even if Warpcast is outcompeted by another client. Otherwise it puts MM, and thus Farcaster, in a tricky spot.

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VOQUOXY by Yoshi Sodeoka & TORIMIMASATAKA https://vimeo.com/210971448

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I would have tolerated the limited content & engagement more easily if there were a sense of inevitability that FC will be *the* web3 social. Not so sure anymore given the many hard-coded assumptions into the protocol, the very nascent state of the tech, and centralization. Feels like 'sufficiently decentralized' is 'sufficiently crippling' at this stage. So until there is more interesting content, I am here mostly for the FC vibe checks and the drama 🍿

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pretty cool demo!

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Reflecting on the NFT craze of 2021-22 nowadays and astounded by how the most virgin/normie artwork (both pfps and gen art) was accompanied by the most degen speculation. Truly exquisite.

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To me this implies that if farcaster ever becomes successful it will perhaps happen through alternative clients that cater to niche use cases and thus not as much dependent on twitter-like large network effects. and this might lead to a network effect in aggregate...

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With the fingerprints DAO split/dissolution likely, I am thinking about how collector DAOs can be viable. My one guess is that it makes most sense when members personally own pieces from the collections that the DAO has collected from, and thus have personal stake in the continuous promotion of the work as well as something to lose if the DAO dissolves (sell pressure, loss of visibility/prestige for the collections). Another one is the potential synergies between collecting and publishing or other revenue generating activities (nfts from your publishing arm fetch more because your curated collection lends you prestige). Fingerprints performance in this was hit and miss.

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A Trump term can be bullish for crypto, not due to any crypto regulation but simply through macro policy. https://www.politico.com/news/2024/04/15/devaluing-dollar-trump-trade-war-00152009

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Controversial opinion but farcaster protocol will eventually need a token: 1) As a stake for hub operators (to prevent sybil attack) 2) To incentivize data storage (ensure there is a client-agnostic protocol infra) 3) To manage the lease of channel names and such. That is *if* farcaster becomes large and decentralized. I appreciate the app-first approach of the team but hope that things will gradually decentralize. Otherwise, there is no need to bother.

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A bit of sanity in generative AI debate. "The judge disagreed, however, on the grounds that the code suggested by Copilot was not identical enough to the developers' own copyright-protected work, and thus section 1202(b) did not apply." It should boil down to whether the end result is identical enough to the original material, the criterion with which we judge on human-created content anyway. https://www.theregister.com/2024/07/08/github_copilot_dmca/

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Am I the only one who finds it odd that # of casts, reactions, etc. is hard-baked into farcaster storage unit economics? Why not have a content-agnostic pricing based on data/bandwidth? For example, I like things more than I cast (and not alone in this), but there is more space for casts than reactions. I guess the assumption is that reactions can be more ephemeral and old ones can be deleted as new reactions come. But why not do this management at the client level and perhaps allow users to override if necessary? Fewer assumptions and fewer hard-baked variables better for protocol design in general. Long term reaction data can be helpful to build better social graphs or recommenders. We cannot anticipate all the use cases now...

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the most usable digital artist webpage be like https://constantdullaart.com/

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This is a stimulating read, but I see two things a bit differently on why web3 social has not yet taken off with the masses: 1) Web3 builders might be thinking more about their in-group status (among cool techies) than what end-users do with their product. Web3 builders are prone to status games as much as their target end-users, which ironically might be making them less user-centric. 2) Imo, the main benefit of decentralization is for other builders and serious content creators (as few end-users actually care about decentralization). The likely scenario is decentralized social media attracting users due to better UX thanks to composability.

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recently thinking about which artists, in NFT space and elsewhere, best fit the description of doing termite art. "In contrast, termite art (or ‘termite-tapeworm-fungus-moss art’) is what artists – like Farber – produce when they metaphorically chew through what is directly in front of them, heads down, with no regard for an eventual destination." https://www.frieze.com/article/tribute-manny-farbers-termite-art

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90% of what we call 'misinformation' is people cherrypicking information that affirms their biases.

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