Farcaster

A reminder on channels

- Channels are *not* decentralized yet

- Do not squat channel names with the intention to sell them to brands later; this is extractive behavior

- When channels are decentralized and incorporated into the protocol later this year (likely onchain!), then you can do what you want! Just like FIDs

- Channels are *not* decentralized yet
- Therefore we have the right to take is away?

- Do not squat channel names with the intention to sell them to brands later; this is extractive behavior
- Then we need a better first come first serve system, if they would have been fully decentralised, what would you do then?

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Exactly, your actions do not match the implied rules (as you mentioned in the ideal fully decentralised scenario).

Morals of why someone initially creates a channel are beside the point if we think about something that can be as credible and neutral as possible.

> Therefore we have the right to take is away?

Currently, yes! In the future, no.

> if they would have been fully decentralised, what would you do then?

If it was decentralized, then I couldn't? :)

Question for you: Is it moral for a squatter to extract value from something they didn't build?