Go directly to jail
Can you solve spam at the protocol-level?
Assumption: a credibly neutral decentralized social networking protocol is desirable.In order to achieve "credibly neutral decentralization" for the protocol data it must be 1) replicated across many servers / nodes 2) user-controlled, i.e. the user does not have to rely on any other party to add / remove messages to the protocol 3) sign ups are permissionless.This means that anyone (or AI) can sign up for an account and post whatever they want at the protocol level. Any compromise on this ne...
What does sufficient decentralization mean?
I often see people say Farcaster isn't "sufficiently decentralized". You're free to define what "sufficiently decentralized" means to you, of course, but how we think about it is laid out in Varun's blog post:A social network achieves sufficient decentralization if two users can find each other and communicate, even if the rest of the network wants to prevent it. This implies that users can always reach their audience, which can only be true if developers can build many clients on the network...
Go directly to jail
Can you solve spam at the protocol-level?
Assumption: a credibly neutral decentralized social networking protocol is desirable.In order to achieve "credibly neutral decentralization" for the protocol data it must be 1) replicated across many servers / nodes 2) user-controlled, i.e. the user does not have to rely on any other party to add / remove messages to the protocol 3) sign ups are permissionless.This means that anyone (or AI) can sign up for an account and post whatever they want at the protocol level. Any compromise on this ne...
What does sufficient decentralization mean?
I often see people say Farcaster isn't "sufficiently decentralized". You're free to define what "sufficiently decentralized" means to you, of course, but how we think about it is laid out in Varun's blog post:A social network achieves sufficient decentralization if two users can find each other and communicate, even if the rest of the network wants to prevent it. This implies that users can always reach their audience, which can only be true if developers can build many clients on the network...
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Up until recently, blockspace was expensive and slow. In the last year, that's no longer the case. Also embedded wallets / smart contract wallets / Passkeys will continue to make it straightforward to make any crypto app aware. On-ramp APIs are also much better (but still the largest point of friction for a pure consumer app).
It's 2024 — the consumer web is 30 years old and the modern smartphone era is almost 20 years old. Internet software is a mature industry. Obvious ideas (regardless of whether they involve crypto) are solved.
So if it's an existing idea + crypto, you usually getting, at best, a 10% improvement. It's not a 10x improvement. And if it's not 10x, you won't really get people many people to switch. (And for the last 2 or so years, crypto's brand association has been more negative, so if anything it's made a product overall worse from growth standpoint.)
Up until recently, blockspace was expensive and slow. In the last year, that's no longer the case. Also embedded wallets / smart contract wallets / Passkeys will continue to make it straightforward to make any crypto app aware. On-ramp APIs are also much better (but still the largest point of friction for a pure consumer app).
It's 2024 — the consumer web is 30 years old and the modern smartphone era is almost 20 years old. Internet software is a mature industry. Obvious ideas (regardless of whether they involve crypto) are solved.
So if it's an existing idea + crypto, you usually getting, at best, a 10% improvement. It's not a 10x improvement. And if it's not 10x, you won't really get people many people to switch. (And for the last 2 or so years, crypto's brand association has been more negative, so if anything it's made a product overall worse from growth standpoint.)
6 comments
What are the categories of apps where web3 is / will 10x better than normal web in short order? - stuff where resilience to national censorship is key aka farcaster et all - stablecoins seem to be a thing? iunno that's what old school econ folks on MR say - games? I feel like there's gotta be some sorta unlock for a meta-game with stuff unlocked across many specific games. open world rpg mechanics - are communities like cabin dao actually working? I've poked my head in there every now and then and curious to see if artists and writers and actual creatives are making use of that. - what are the areas where the eth vision of a world computer really comes into play? Basically looking for stuff where tech is a means rather than an end https://dwr.email/where-are-the-apps
1e to collect this post from @dwr ... 👀🥵 will someone pay? https://dwr.email/where-are-the-apps
lol why would anyone pay 1 eth for that
i assumed you were running an experiment - is this just default on paragraph?
I guess!
What happens when a backend developer has a solid month of work, but then suddenly makes a fatal mistake and the app disappears? Could that be the case here? 😹