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 ↑ is job hunting pfp
Zinger ↑ is job hunting
@zinger
Question: what do storage fees go towards?
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vrypan |--o--| pfp
vrypan |--o--|
@vrypan.eth
What’s interesting is there’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🎩 | Building Scoop3 pfp
meta-david🎩 | Building Scoop3
@metadavid
Very reasonable 👍
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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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Julie Pinky pfp
Julie Pinky
@tuno88
Noted!! 😄
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Volevo:p pfp
Volevo:p
@lemontea
175 $farther
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Shefff🎭⌐◨-◨🎩🔵 pfp
Shefff🎭⌐◨-◨🎩🔵
@bigstrongboy
Cool!!!
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0xDeFi pfp
0xDeFi
@crypto-headlines
Thank you for this information.
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ruz.eth 🍄 pfp
ruz.eth 🍄
@ruz.eth
Where can I find info on running a hub?
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Aleksander pfp
Aleksander
@collectorast
we'll listen to you when the departed bring down the net 😁
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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 pfp
Ox.crypto
@ox-crypto
No rewards https://warpcast.com/ox-crypto/0x0d522755
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Viktor Beloglazov pfp
Viktor Beloglazov
@vibeloglazov
Good tred, thank you. Could you tell me how the validators will be selected? I have one node installed for altruistic reasons (I put nodes of those projects I am interested in), but I would like to be a full-fledged operator of the core network. I myself am a validator of the Solana core network, so I have experience and patience.
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Thai Bao pfp
Thai Bao
@ke7nt
Nice bro
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Alexvx !🎩⚡️ pfp
Alexvx !🎩⚡️
@alexvx
Always for fun 🌪️
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Tikmall pfp
Tikmall
@tikmall
Please contact and cooperate with Koii Network, our network will be perfect, believe me
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Emily pfp
Emily
@tk1tk1yk
Thành công rực rỡ
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Dalong pfp
Dalong
@dalong
indeed
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