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Dan Romero pfp
Dan Romero
@dwr.eth
On Hubs 1. We've said from the beginning, people will run Hubs without direct economic incentives. This has proven correct. 10K+ Hubs on the network. 2. This number is artificially high as there are likely many Hub operators hoping for a future economic reward. There will not be a reward. 3. Rewards don't make sense as there's no good way to prove that a Hub was honest and performant for a long period of time. Any deterministic system tied to an economic reward would create an incentive for fraud to fake running a Hub to get paid. 3. This is why Bitcoin and Ethereum do not pay node operators. Economic rewards are independent from running a node. Coinbase ran BTC / ETH nodes for years (pre-staking). 4. Our original goal was get to ~100 independent, good Hubs. Given network size, activity, number of companies building on Farcaster, seems like that number is achievable between 1) companies with an economic interest in access to the network and 2) altruistic individuals for hobbyist or ideological reasons.
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Viktor Beloglazov pfp
Viktor Beloglazov
@vibeloglazov
Good tred, thank you. Could you tell me how the validators will be selected? I have one node installed for altruistic reasons (I put nodes of those projects I am interested in), but I would like to be a full-fledged operator of the core network. I myself am a validator of the Solana core network, so I have experience and patience.
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