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It's like the MIT license, plus AWS with an unlimited account and auto-scaling. In the case of self-hosted Apps (ie. where you need to "install" something on y
by pjkundert 4y ago
It's like the MIT license, plus AWS with an unlimited account and auto-scaling.
In the case of self-hosted Apps (ie. where you need to "install" something on your phone or computer), each peer provides their own compute/storage/networking to host their own usage of the App, plus a small fragment of everyone else's usage (proportional to a few average user's worth).
So, the cost to each user is a small constant C times the average user's utilization. And the benefit is that the application persists, in its entirety, as long as any number of users >= 1 continue to use the App.
- hestefisk 4y agoIt’s not really an unlimited account. Execution on eth is expensive…
- pclmulqdq 4y agoIt's like AWS serverless compute with inefficiency built-in as a feature and a jacked-up billing rate.
- daveguy 4y agoThis concept is very interesting. Is there an existing framework that implements this? It would seem there would need to be some baseline tools for development on such a system. I feel like the tools available for this purpose would need to be more powerful than existing IDE systems in order for it to be adopted on a wide scale. Is it possible to design such a system without a blockchain?
- pjkundert 4y agoYes, in the case of Ethereum "DeFi", the end user is expected to pay the (significant) cost of executing functionality. For next-gen "DeFi" systems like Holochain -- the incremental cost of executing functionality is vanishingly small, and can be distributed across a DHT substrate hosted by all users of the App. A self hosted Holochain "DeFi" app costs a small constant factor C times the average agent's memory / network / storage cost, to each client. In other words, you gain the benefit of the "DeFi" version of App for yourself, by investing a small C x your own cost to run the App for yourself, alone.