24min chapter

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How Decentralized Social Network Farcaster Hopes to Eventually Get to One Billion Users - Ep. 607

Unchained

CHAPTER

Cost and Earning Model for Hubs in Farcaster

This chapter discusses the cost and earning model for hubs in the decentralized social network Farcaster. The speaker compares hubs to Bitcoin and Ethereum nodes, explaining that they do not get paid but are run by economically incentivized actors. They mention that there are currently 500 people running nodes or hubs in Farcaster, but believes that many are running them based on potential future benefits.

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