Daniel Fernandes pfp
Daniel Fernandes

@dfern.eth

Anyway, I maintain that BSky is not decentralized: not because indexing is a hard problem per se. It's because providing zero cryptoeconomic incentives for anyone to run an indexer means unbounded databloat spam followed by browbeating to "just start the next Wikipedia bro" (read: nonprofit industrial complex megacorp in 501c3 sheep's clothing). It doesn't pass the smell test...we shouldn't need to run 16+ TB & growing archival nodes out of the kindness of our hearts to be a 'peer' in the network. Crazy idea: BSky PBC submits a slashable bond on Eigenlayer where they agree to be slashed if they don't properly index & make the firehose data available. In exchange, they receive API fees via direct onchain payments (no need for Stripe + API Keys involved). This would be an order-of-magnitude step change even though it seems like window dressing. Skin-in-the-game keeps incentives aligned. 5/5
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