A place for talking about the Ethereum Virtual Machine on Farcaster.

Passing along from @dankrad on Twitter

https://twitter.com/dankrad/status/1703888976308846786

Farcaster, similar to Ethereum, doesn't have formal onchain governance. It's more about getting to rough consensus and working code and then people running the network upgrading.

Farcaster, similar to Ethereum, doesn't have formal onchain governance. It's more about getting to rough consensus and working code and then people running the network upgrading.

https://docs.farcaster.xyz/protocol/governance.html

re upgrading:

while it’s true that the final say goes to node operators, a conflict between core devs and node operators is extremely undesirable

if a network forks on something minor, the forked sides compete instead of cooperate and both net lose on the situation

customer support @supercast

trying to sound smart /doingnumbers

thus, as a node runner and a token holder, i don’t want to fork over something minor

and you can imagine how messy it gets when there are constantly new changes that don’t reach social consensus but people decide not to fork because it’s only net negative to fork

farcaster is much younger and imo it’s recommended to introduce changes on the fly and move fast

but there is like $100bs of value secured by ethereum and it’s time to ossify as much as possible