4 ms·

I would say NFT and micropayments are killer apps. It would be fantastic if we had browser addon where you can 1-click pay something like 0.01$ to read article.

I would say NFT and micropayments are killer apps. It would be fantastic if we had browser addon where you can 1-click pay something like 0.01$ to read article. NFT for gaming is going to be huge industry eg pro-gamers could sell their character skins same way now eg basketball players sell their jerseys or you could import that Hearthstone deck to complete new game.

heterodoxxed 6y ago
| 1-click pay something like 0.01$ to read article. How would this work in a way that takes gas/fees into consideration?
- Clewza313 6y ago
  That's kind of the point: it's completely infeasible to do microtransactions with Ethereum, much less Bitcoin. At time of writing it costs around $23 (!) to do a single ETH transaction.
  - aabbcc1241 6y ago
    We can if the network is not full of professional miners. If every user has a practical chance to pack their transaction into a block.
  - _alex_ 6y ago
    There are several lightning network (payment channel layer on top of bitcoin) paywalls where you can pay 1/10 of a cent to read an article. The tech exists, its now an adoption problem
  - suikadayo 6y ago
    It’ll be possible with L2 like Optimism which will be out for the public next month.
- somebodythere 6y ago
  Do it in a state channel or rollup.
martin_a 6y ago
For micropayments, there has been flattr. Wasn't really accepted and won't get better if you somehow put a blockchain in there. For the second: Just go with gumroad or Paypal or whatnot. Your points just prove, that there's no need for blockchain after all.
- antupis 6y ago
  Maybe nanopayment would be better term I mean like truly small amounts not something like 3$ like flattr or 1$ like Gumroad.
  - martin_a 6y ago
    Just flattr more things so your monthly amount get distributed more. I think that should work and there's no "lower limit" on how much a single click is worth. But yeah, it would be nice if you could set a fixed amount per button, like 10 Cent for an article or something like that.
afasen 6y ago
I present you https://yalls.org/ https://yalls.org/

heterodoxxed 6y ago

| 1-click pay something like 0.01$ to read article. How would this work in a way that takes gas/fees into consideration?

Clewza313 6y ago
That's kind of the point: it's completely infeasible to do microtransactions with Ethereum, much less Bitcoin. At time of writing it costs around $23 (!) to do a single ETH transaction.
- aabbcc1241 6y ago
  We can if the network is not full of professional miners. If every user has a practical chance to pack their transaction into a block.
- _alex_ 6y ago
  There are several lightning network (payment channel layer on top of bitcoin) paywalls where you can pay 1/10 of a cent to read an article. The tech exists, its now an adoption problem
- suikadayo 6y ago
  It’ll be possible with L2 like Optimism which will be out for the public next month.
somebodythere 6y ago
Do it in a state channel or rollup.

martin_a 6y ago

For micropayments, there has been flattr. Wasn't really accepted and won't get better if you somehow put a blockchain in there. For the second: Just go with gumroad or Paypal or whatnot. Your points just prove, that there's no need for blockchain after all.

antupis 6y ago
Maybe nanopayment would be better term I mean like truly small amounts not something like 3$ like flattr or 1$ like Gumroad.
- martin_a 6y ago
  Just flattr more things so your monthly amount get distributed more. I think that should work and there's no "lower limit" on how much a single click is worth. But yeah, it would be nice if you could set a fixed amount per button, like 10 Cent for an article or something like that.

afasen 6y ago

I present you https://yalls.org/ https://yalls.org/