Stephan
@stephancill
My 2c: the incentives inherent to the farcaster ecosystem are not sufficiently aligned to prevent this from happening again Denying this means believing in “don’t be evil” as opposed to “can’t be evil”
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Stephan
@stephancill
Farcaster’s bet is that client diversity solves the misalignment between users and clients, but turns out open data is not enough to get people to build truly competitive clients that result in the desirable outcomes for users you’d expect from a free market Maybe that changes if Farcaster has millions of users. Even with multiple high quality clients the incentives are not there for them to cooperate instead of capturing the market and being extractive
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Samuel ツ
@samuellhuber.eth
what matters here is a protocol with the needed batteries. there will always be clients that differentiate on features else it would be just one by definition. - casts are protocol - DC's to follow - Channels are unproven at best, so no need for protocol the rest is up for grabs for anyone to build and take. Messaging is the retention killer once in protocol unlocking true competition on the client level. Any alt client at feature parity can then drive their own innovation
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Stephan
@stephancill
You’re saying that it’s not even possible to build a competitive client today and I totally agree However I’m referring to incentives that exist today. A client gaining a majority market share due to a novel feature has very little incentive to put that into the protocol - that is totally dependent on the benevolence of its creators. Merkle is the only entity that has some incentive to behave in this way
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