From time to time I consider my own relay and I think “short term” storage of notes to be sufficient for most use cases. This would be the kind of thing I would do.

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Short term storage is in some sense more natural for more conversational stuff. Like talking to people irl, are generally a short storage event. Btw, for huge relays another idea would be a similar que system; but counted in notes per npub. aka free storage 1k notes per npub the delete the oldest.