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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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​woj
@woj.eth
eth difficulty bomb was a vibe
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horsefacts 🚂 pfp
horsefacts 🚂
@horsefacts.eth
love calling it "the old ETH difficulty bomb" now
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