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That sounds awesome. How do the payments work?
by thepete2 7y ago
That sounds awesome. How do the payments work?
- ForHackernews 7y ago50 real USD says it's some kind of cryptocurrency nonsense.
- Kuinox 7y agoWell it looks like a rare good application for a cryptocurrency.
- dang 7y ago"Please don't post shallow dismissals, especially of other people's work. A good critical comment teaches us something." https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- jkilpatr 7y agoI explain it in some detail here https://www.youtube.com/watch?v=G4EKbgShyLw https://www.youtube.com/watch?v=G4EKbgShyLw Essentially we use Eth because we don't really need a 'cryptocurrency' as much as we need an api for cash where very small payments (10c) are practical. For reasons that I explain in the presentation the key simplifying assumption of low fee transactions makes a simple billing scheme (pay per forward) work.
- langitbiru 7y agoYes, one added value that people often miss from Ethereum is programmable money. Ethereum gives you a nice API of money.
- JohnJamesRambo 7y agoOh it’s so nice to see crypto being used for this!