Venkatesh Rao ☀️
@vgr
Is there a biz model blog post somewhere? I’m foggy on how the VC-funded company behind FC is supposed to deliver a return if arbitrary 3rd parties can do hubs and clients and other apps. A lesson I’m drawing from the Twitter mess is that the core company has to make good $ before it can afford to create abundanc
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Varun Srinivasan
@v
no blog post yet, but @dwr.eth has posted some screenshot essays / casts on this topic which he might be able to repost here
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danirayan.eth
@number
@vgr also, what’s the economic incentive for the hubs to be geo distributed? Current model favors app developers so most likely majority of the hubs will be collocated in aws?
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Varun Srinivasan
@v
You can be geo distributed on AWS I assume you mean how do you ensure everyone doesn’t end up on the same cloud vendor?
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danirayan.eth
@number
Yup. Right now, let’s assume a bunch are plotting to overthrow the govt. and if legally requested aws/vendor will arbitrarily shut all FC hubs.If you consider BTC mining the economic incentive of low cost power drove miners to many diff geo loc. What’s the incentive for app dev to geo distribute (intl aws is expens
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Varun Srinivasan
@v
If AWS shut down all Hubs, and at least 1 Hub survived somewhere outside of it you can spin up more Hubs from that. Most importantly unlike L1s like BTC/ETH, network security does not dependent on a "majority of honest hubs".
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