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> In this paradigm, the blockchain becomes the single public source of truth/database for everyone's content. Which blockchain? There's scores of public blockc
by giantrobot 4y ago
> In this paradigm, the blockchain becomes the single public source of truth/database for everyone's content.
Which blockchain? There's scores of public blockchains.
As for infrastructure, are you high? Blockchains are shared among miners, they're not going to carry massive amounts of data. If you try to decentralized storage like IPFS then you have to maintain infrastructure to have data actually available.
If you try monetizing every social media transaction you'll have no users. No one is going to pay money to post a picture of their breakfast or to change their profile picture.
- Keeeeeeeks 4y agoI think Lens is using Polygon (storing interactions, social graph) and IPFS (storing media/content) So in the context of Lens they're probably pointing to cat photos on IPFS in whatever program they have on Polygon. People seem to be maintaining content on IPFS (I'm no expert but I think via pinning services?) > If you try monetizing every social media transaction you'll have no users. No one is going to pay money to post a picture of their breakfast or to change their profile picture. I don't think these frontends are trying to monetize everything, as their users would come to the same conclusion you did. Polygon seems to be a lot cheaper than ETH (coinbase says it's like 50 cents vs $1000 for ETH), you can do a lot more on it for less. I wonder if people will redeploy Lens on cheaper chains if the price goes up 100x or more?
- AlexandrB 4y ago> Polygon seems to be a lot cheaper than ETH (coinbase says it's like 50 cents vs $1000 for ETH), you can do a lot more on it for less. Is this simply because it's not as popular as ETH, or because it's designed to stay cheap forever?