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horsefacts pfp
horsefacts
@horsefacts.eth
Storage is in the zeitgeist. Here are a few thoughts as one author of the FIP. We considered a bunch of galaxy brained mechanisms: dynamic pricing, decaying allocations, various Dutch auctions. Ultimately they all seemed too complex and their impact on incentives too uncertain. Keep it simple, solve for now, learn.
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horsefacts pfp
horsefacts
@horsefacts.eth
To this end, there's a deprecation date built into the contract a year from now, kind of like the old ETH difficulty bomb. There's an escape hatch for the protocol if we really need to push it back, but we don't want to. We'll take what we learn from year one of storage and iterate.
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Harper
@harpcaster
"Keep it simple, solve for now, learn." The horse is preaching.
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July
@july
Huge fan of the idea of ephemeral storage Also solve for now / learn Good work!
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Jeff Lau
@jefflau.eth
I think this is ultimately why we settled on a $5/year rental for most ENS names after thinking about dynamic pricing for about 3 years.
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jalil
@jalil
i think paying for storage makes complete sense... one thing i don't understand yet from the documentation i've seen so far is whether / how hubs are incentivized to stay alive from the proceeds https://warpcast.com/jalil.eth/0x68069c
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