This centralizes decision making about the protocol, indirectly.
If there are two dev teams, and one is independently financed, whilst the other receives grants, the grant app can undercut in price until the other one goes broke and gives up.
Since implementations determine the protocol, they either have to finance every app, or they skew the protocol, involuntarily. Both of these situations distort the market and would be difficult to unwind because they cement expectations among the users.
Laeserin / StellaInForest
npub1m4…jc2jl
2024-08-20 09:17:33
in reply to nevent1q…hn82
Author Public Key
npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jlPublished at
2024-08-20 09:17:33Event JSON
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"content": "This centralizes decision making about the protocol, indirectly.\n\nIf there are two dev teams, and one is independently financed, whilst the other receives grants, the grant app can undercut in price until the other one goes broke and gives up.\n\nSince implementations determine the protocol, they either have to finance every app, or they skew the protocol, involuntarily. Both of these situations distort the market and would be difficult to unwind because they cement expectations among the users.",
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