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Varun Srinivasan
@v
I wrote a bit about Farcasters consensus model, and the specific tradeoffs we had to navigate. Planning on sharing more broadly tomorrow, any feedback is appreciated! https://www.varunsrinivasan.com/2024/04/28/the-goldilocks-consensus-problem
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John Jung
@jj
3. Charging rent for data storage will be a barrier for wide scale adoption especially trying to get into countries where the exchange rates are much higher. Is this the long term plan?
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John Jung
@jj
Perhaps you could associate which currency they bought into somehow. Getting an associated country or currency they registered the account could give high signal or real or fake accounts. There’s a lot about coordinated account activity that other social media has to deal with as the network becomes more valuable
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Varun Srinivasan
@v
At the protocol level, I think we will have to use the same fee for everyone. The goal will be to keep it as low as possible while scaling up hubs, so that everyone can participate. Ideally we can get it sub $1. Apps can also sponsor fees for good users they identify.
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