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horsefacts
@horsefacts.eth
IMO a fixed $25 to create a channel is probably far *below* the socially optimal price. Many were squatted in an early speculative land grab and are now abandoned. It's much easier to create a new one than commit to curating it and building a community over the long term. Throwing them onchain and letting Coasean bargaining sort it out seems reckless until the concept can outcompete "squat, gamble, and speculate."
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Law❦︎
@traguy.eth
Been wondering how channels were launched and was told by someone it’s gonna require warps to do that Now I’m seeing the fixed $25 thing We pay for it the same way we do for storage yes? Cus i don’t know which to go with lmao
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