Content
@
0 reply
20 recasts
20 reactions
Thibauld
@thibauld
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
29 replies
22 recasts
248 reactions
Thibauld
@thibauld
@dwr.eth , @v and team, that proposal is for you guys 👆 @simondlr, @vitalik.eth I would be interested what you think about this application of the harberger tax given that you've very likely witnessed more experiences around it than I did 🙏
1 reply
0 recast
12 reactions
Vitalik Buterin
@vitalik.eth
I feel like the challenge here is that channels are a public good to a greater extent than domain names. This approach works great for branded channels, where there is a single natural payer that gets a large portion of the benefit from the channel, but there's lots of other examples that don't work well.
1 reply
0 recast
5 reactions
Vitalik Buterin
@vitalik.eth
Eg. imagine someone making a channel for a particular country. This is a public good for people from that country. If you HT it, then you *increase* the chance it goes to the highest bidder, and it's much less clear that the natural highest bidder is a good actor. Even the government: they could abuse it to censor.
1 reply
0 recast
7 reactions
Vitalik Buterin
@vitalik.eth
Or eg. (scrolling through the list of channels I'm subscribed to) "history", "longevity", "network-states", "privacy" ... none have natural top bidders that are obviously aligned with being fair stewards of the channel.
1 reply
0 recast
2 reactions
Thibauld
@thibauld
I get what you mean but it seems that I should have made more clear in my slides that the channel owner has to "opt-in" to the harberger tax system. It's NOT the default. By default, channel owners just pay their X warp / year and enjoy their channel. Nobody can take it from them (except the App creator).
1 reply
0 recast
0 reaction
Thibauld
@thibauld
Basically only channel names speculators would opt-in to the HT system because it's how they ensure that the App creator won't take their name away. TL;DR channel owner can: * Do nothing and avoid the HT system. Best choice for those who actually use the channel. * Use the HT system to speculate on the channel name.
1 reply
0 recast
1 reaction
