Content pfp
Content
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Dan Romero pfp
Dan Romero
@dwr.eth
On Hubs 1. We've said from the beginning, people will run Hubs without direct economic incentives. This has proven correct. 10K+ Hubs on the network. 2. This number is artificially high as there are likely many Hub operators hoping for a future economic reward. There will not be a reward. 3. Rewards don't make sense as there's no good way to prove that a Hub was honest and performant for a long period of time. Any deterministic system tied to an economic reward would create an incentive for fraud to fake running a Hub to get paid. 3. This is why Bitcoin and Ethereum do not pay node operators. Economic rewards are independent from running a node. Coinbase ran BTC / ETH nodes for years (pre-staking). 4. Our original goal was get to ~100 independent, good Hubs. Given network size, activity, number of companies building on Farcaster, seems like that number is achievable between 1) companies with an economic interest in access to the network and 2) altruistic individuals for hobbyist or ideological reasons.
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Zinger โ†‘ pfp
Zinger โ†‘
@zinger
Question: what do storage fees go towards?
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vrypan |--o--| pfp
vrypan |--o--|
@vrypan.eth
Whatโ€™s interesting is thereโ€™s no way (at least now?) to run a parasitic hub. If you need to run one, it also contributes to the network.
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max pfp
max
@maxp.eth
why do you collect the fid of the hub operator, as part of the setup process?
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meta-david ๐Ÿ’ฅ| Building Scoop3 pfp
meta-david ๐Ÿ’ฅ| Building Scoop3
@metadavid
Very reasonable ๐Ÿ‘
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tldr (tim reilly) pfp
tldr (tim reilly)
@tldr
Makes a lot of sense, thanks for breaking it down.
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Borg pfp
Borg
@ruz.eth
Where can I find info on running a hub?
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Vlady๐ŸŽฉ pfp
Vlady๐ŸŽฉ
@vlady
๐Ÿซถ๐Ÿป
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Shefff 0Y๐ŸŽญโŒโ—จ-โ—จ๐Ÿ”ต pfp
Shefff 0Y๐ŸŽญโŒโ—จ-โ—จ๐Ÿ”ต
@bigstrongboy
Cool!!!
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0xDeFi pfp
0xDeFi
@crypto-headlines
Thank you for this information.
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Aleksander pfp
Aleksander
@collectorast
we'll listen to you when the departed bring down the net ๐Ÿ˜
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Masser pfp
Masser
@massereffect
Good comparison to ETH/BTC nodes. "Sybuilders" running hubs are used to pay for cloud services, the moment you experiment with additional cost on top I expect significant amount of them switching their servers to host something else.
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Ox.crypto ๐ŸŒˆ ๐ŸŽฉ pfp
Ox.crypto ๐ŸŒˆ ๐ŸŽฉ
@ox-crypto.eth
No rewards https://warpcast.com/ox-crypto/0x0d522755
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