Farcaster

A proposal to implement a dynamic rent approach to channels that would: 
* improve user experience
* limit name squatting & extortion
* increase app creators revenues

Let me know what you guys think!

A proposal to implement a dynamic rent approach to channels that would: 
* improve user experience
* limit name squatting & extortion
* increase app creators revenues

Let me know what you guys think!
https://slideframe.replit.app/QmNyAmhU3TsUJMfQfT8sAyHoYFvF7r4SALMwWN3hubc2WH

Ethereum

co-founder at fairmint.com.
If you're a FF (Farcaster Founder) raising funds, stop right here and checkout fairmint.com. Or DC me :)

I generally like this idea and would love to see it in action, but I worry about 2%. For example, /ethereum has 78K followers, what's a reasonable price to set for something that is not monetized? $100/yr is $5,000 which is within realm of a troll purchase.

Maybe % adjusted down relative to # followers?

A doodler and computerer. I like permissive/permissionless open source, smart contracts, p2p systems, room-scale VR, and NixOS.

shazow.net

Currently: WhatsABI

Your comment (and others like the one of @vitalik.eth) made me realize I should have made clearer that, in my proposal, channel owners need to opt-in to use the harberger tax system. It's not imposed to them.

If you have a channel & you're actively using / maintaining it, you have not reason to opt-in to the HT system

No because squatters don't have time to actively maintain channels. They own many and "park" them, with no or little activity in them. So, unless they opt-in to the HT system, their channel has no value because they are at great risk to have their name taken away by the App creator.

Wouldn't that remove the efficacy against squatters?