Varun Srinivasan
@v
A longer thread with problem statement and reason. Eth charges fees to protect against ddos and lots of similar precedent in tradfi. So eth never "goes down" or is "too hard to sync" in practice. Fees are more palatable because there is expectation of profit per tx. For social media, there is (usually) no expectation or profit or precedent for a paywalled app that succeeded. It seem inevitable that we need at least some upsell for users to get in and contribute before we can charge them. But we can't also let the network go down or get congested, because then no one can build apps.
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Justin Hunter
@polluterofminds
Different technology, but how is Bluesky solving for their scale? I don’t think they truly support PDS so as I understand it, the Bluesky team is subsidizing growth by running all the infrastructure themselves. Is that the main difference?
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Varun Srinivasan
@v
Yes
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