All of this has happened before, and it will all happen again.

Back in The Day, there was only one Internet Relay Chat (IRC) network. We referred to it as "IRC" because beyond a few small independent servers there was only one network, run by volunteers. Wikipedia says it was called Anarchy Net by some people. To join a server to the IRC network, one convinced the admin of an existing server to allow connection.

This worked for years, until eris.berkeley.edu altered their server's configuration to allow *anyone* to hook up a server. No restrictions, no passwords, and no limit on the number of connections. This attracted a huge-for-the-time number of bad actors, filling the network with spam and hackery. Eventually, Eris was silenced/quarantined by most hub servers. These formed Eris-Free Net, or EFnet. A-Net whithered away into irrelevance, and EFnet became the primary IRC network.
@dl this is great history that i was unaware of. joined EFnet in 94, and it was already a zoo at that point.