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One cent is less than the cost of a credit card transaction, which makes that infeasible. That brings us to what I assume you had in mind, which is blockchain,
by na85 7y ago
One cent is less than the cost of a credit card transaction, which makes that infeasible.
That brings us to what I assume you had in mind, which is blockchain, the solution in search of a problem.
Unfortunately proof of stake systems can be gamed by using stolen credit cards to buy stake, which defeats your proposed system. On the other hand, proof of work is an unmitigated environmental disaster, one of the most egregiously wasteful technological endeavors of the last twenty years, and would be rightfully shunned if not for its enthusiastic users who are too enamored to see the second-order effects of their easy access to illegal drugs and speculative investing while they hope for the next Bitcoin bubble so they can cash out for more fiat currency to retire on.
- jedberg 7y agoYou don't need blockchain. You just need a few big players willing to set up a payment system with tiny transaction fees specifically for email. Heck, the big players, like Gmail, could just let you put say $5 down and then send 5,000 emails at a time (since you'd get it back when they were opened).