Memes

69x Olympian, multibillion dollar business magnate, CEO of the 4th layer of hell, 6 foot 9 baller. 

don’t like the client, build your own

build your own client, merkle still takes the fees

There are no fees to Merkle if you build your own client that supports sign ups.

Farcaster

Technowatermelon. Elder Millenial. Building Farcaster. 

nf.td/varun

To be clear: we will figure out what to do with it once it's a larger amount

I thought they *do* go to you, you just havent decided how to distribute them yet? 

In an ideal world it goes to clients onboarding users or nodes serving hub data.

I thought they *do* go to you, you just havent decided how to distribute them yet? 

In an ideal world it goes to clients onboarding users or nodes serving hub data. 

https://warpcast.com/dwr.eth/0xcf634049

Onchain startups. Farcaster app store (@farstore) and tips (@tipn)

1. We control it, but I'm telling you it belongs to the protocol. :)

2. Who pays taxes on the protocol funds?

Re 1: understood, but ultimately you two control it. I think its fair to say its yours until you choose to change the ownership structure.

Re 2: an early step toward changing the ownership structure is a simple WL of clients that can claim fees for signups. Progressively decentralize

1. They are in a multi-sig that hasn't been moved with no plans to move.

2. How do you prevent spammers from creating a client and then just collecting the fees as a discount to signing up, lowering the cost of spam.

3. We have too many Hubs right now. Also no way to prove you were running a full version of a Hub and serving requests properly.