Sovrin Announces MainNet’s ‘Likely Shutdown’

Working Group(s) IAM, Key Management & Privacy (IKP)
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Quote: “Without an incentive to keep operating nodes, eventually the network would break down”

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Hey @nat
That is really interesting.
In particular, the article mentions these reasons:

  • A decline in the use of its MainNet.
  • Regulatory uncertainty with respect to decentralized identity.
  • Strained resources as various technical issues had to be resolved.
  • Limited involvement from the Steward community.

And finally, as you say:
Hughes also pointed out the importance of incentives in decentralized systems. “Without an incentive to keep operating nodes, eventually the network would break down,” he observed.

This just proves the point that maintaining an ecosystem business model is not easy and economic aspects are often underestimated/ignored by the collective.

This is exactly the topics we (want to) discuss at FASE !

Leon

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