Vitalik Buterin
@vitalik.eth
The skiff situation is a good reminder of why decentralized ecosystems are so valuable. Challenge question @dwr.eth @v : how far along is Farcaster in this regard? If hypothetically your team got acquihired by Facebook (or Tencent, or...) tomorrow, how well would the ecosystem be able to keep going?
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Varun Srinivasan
@v
assume malicious acquirer. for ecosystem to survive intact would need: 1. decentralized contracts 2. decentralized hub network 3. easy to use client with 80% warpcast parity 4. good steward for protocol governance.
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Varun Srinivasan
@v
decentralized contracts i'd give us a 4/5. would be able to decentralize control in a day or two. problem is (4) or finding the right stewards
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vrypan |--o--|
@vrypan.eth
This is the technical pov. Business pov: If you have the client 99% of the users use, you *are* the protocol. You can break anything you like, hard fork hubs, change contract addresses, etc. and users will either not notice, or won't be able to do much.
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DB Hurley
@dbh
It's all about #4, I've yet to see a strong success story?
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