horsefacts π
@horsefacts.eth
I think this is the most interesting point of comparison. The AppView monolith is a privately funded public good: someone needs to pay a few million dollars a month to run it, and if this subsidy stops the costs must be socialized. Who pays what and why? It's more like a government. Merkle subsidizes Farcaster too, but no dependency is quite so central. The goal is to grow an ecosystem of private actors incentivized to internalize the network costs themselves. It's more like an economy. And if the subsidy stopped, we know who might pay and why. Economic activity is itself a form of diversity and decentralization.
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horsefacts π
@horsefacts.eth
This makes me wonder about culture: is it upstream or downstream of this structure? "Run Farcaster more like a government" would not play well here and "Bluesky should be more like a market" would not play well there. And I think it helps explain some cultural affinities, even within crypto.
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Royal
@royalaid.eth
How accurate is that 45k daily users? Is there a public source of this?
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shazow
@shazow.eth
Agree, that's basically the theme of the Takeaway section too.
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YES2Crypto π© πͺπ‘
@yes2crypto.eth
maybe I didn't read enough but why is bluesky paying all that?
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