Farcaster

A reminder on channels

- Channels are *not* decentralized yet

- Do not squat channel names with the intention to sell them to brands later; this is extractive behavior

- When channels are decentralized and incorporated into the protocol later this year (likely onchain!), then you can do what you want! Just like FIDs

What’s your take on incorporating a mechanic like this into channels?

I think this provides a solution to the downsides of squatting while generating protocol revenue, and being configurable on an ongoing basis

What’s your take on incorporating a mechanic like this into channels?

I think this provides a solution to the downsides of squatting while generating protocol revenue, and being configurable on an ongoing basis 

https://docs.google.com/document/d/1gsDO67VVxyhIyz2p8XyHfEKwYWjMgG6_NsFN3jcy5Vs/edit

Values-Aligned Communities | citizen of Black Rock City

Possibly. I'm more in favor of doing the work to remove value from squatters. You can't get 100% but I view squatting as immoral. You're benefitting from someone else's (in this case the protocol's) hard work for personal gain with minimal work or financial risk.