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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 🚂
@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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shazow
@shazow.eth
Lol kinda opposite though. With the ice age if we did nothing, everything slowly grinds to a hault. Would have to explicitly prune things every year to maintain the same perspective.
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Varun Srinivasan
@v
@horsefacts.eth is referring to the storage contract expiring after a year, not the storage itself
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