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Just because you can put in on the blockchain, should you?

• nyolfen 9y ago
  it's not even on the blockchain, it's just a different payment method. bubble hype cash-in.
  • adventured 9y ago
    Approximately two years too late. If it had been built up previously, in time to truly ride the the mania of the prior year, that might have generated some kind of value for the business. The bubble is already collapsing.
  • Delta0 9y ago
    clogging the ethereum blockchain by putting every little bite on chain doesn't make any sense
    • nyolfen 9y ago
      it also doesn't make sense to call it a blockchain service when it's a web app with a cryptocurrency escrow service
• Delta0 9y ago
  not everything needs to be on the blockchain. we are thinking about putting only the most crucial touchpoints of flatsharing on chain, such as reputation and trust data. but immutability is not necessarily desired for some of this data either (even if it's just an IPFS that's put on chain). we're still actively thinking through this. also, it's not just about the ability to pay with crypto obviously, although that leverages the core stength of the technology. We take a small fee in the beginning which goes to 0 after a few bookings. Compare that to the 20% fees on Airbnb. Also, we don't censor messages between the guest and hosts, so if someone wants to pay directly they always can. We stand for giving users as much freedom as possible