Varun Srinivasan
@v
A longer thread with problem statement and reason. Eth charges fees to protect against ddos and lots of similar precedent in tradfi. So eth never "goes down" or is "too hard to sync" in practice. Fees are more palatable because there is expectation of profit per tx. For social media, there is (usually) no expectation or profit or precedent for a paywalled app that succeeded. It seem inevitable that we need at least some upsell for users to get in and contribute before we can charge them. But we can't also let the network go down or get congested, because then no one can build apps.
3 replies
10 recasts
80 reactions
Varun Srinivasan
@v
The problem of "bots will" overrun the network is mostly solved. As long as there is some reasonable limit (captcha, sub-cent fee) this is preventable. The main goal is to reduce costs to the point where apps can underwrite users. We have a few paths to doing this. 1. increase network capacity (snapchain) 2. reduce storage unit sizes (and by extension demand on network) 3. change the network itself (use da layer or central server) (1) is something we are doing and we can charge less per unit (2) is what we are trying to push on here to get costs to a point where apps can sponsor users. (3) will be the most scalable, but unfavorably advantages warpcast over other builders. also makes it hard to build apps since the "true" state of the network cannot be fetched easily.
2 replies
4 recasts
36 reactions
Justin Hunter
@polluterofminds
Different technology, but how is Bluesky solving for their scale? I don’t think they truly support PDS so as I understand it, the Bluesky team is subsidizing growth by running all the infrastructure themselves. Is that the main difference?
1 reply
0 recast
0 reaction
🦄
@pyroeis.eth
Interesting take! So the real challenge is balancing accessibility with sustainability—how do we build a model where users contribute value upfront, without risking adoption or usability?
0 reply
0 recast
0 reaction