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Hi everyone, My main project is an online digital goods marketplace called flurly.com, and I’ve learned how hard it is to pay people globally. If Stripe/Paypal
by flurly 6y ago
Hi everyone,
My main project is an online digital goods marketplace called flurly.com, and I’ve learned how hard it is to pay people globally. If Stripe/Paypal doesn’t exist in your country you’re basically out of luck.
Coinbase is a great first step, but the platform has high instead of low fees, and people save coins instead of spending coins.
I wanted to build a globally accessible, low cost way of facilitating payments online. Centralized Coin is my first attempt. A few highlights of the coin
1) Anyone with an email can participate
2) Each transaction is an efficient atomic database write (no proof of work)
3) Every transaction is publicly accessible and verifiable via an API
4) Two variables in the system - transaction fees & community compound rate. Read the whitepaper to learn more
5) Coins are minted by a central authority (me)
Shoot me an email at hi@flurly.com and say hi and I’ll send you 250 coins to play around with.
Thanks!
- JR
- aww_dang 6y agoWhat's the max precision? Any thoughts on an affiliate program or incentives to onboard more users?
- flurly 6y ago> What's the max precision? 64 bits > Any thoughts on an affiliate program or incentives to onboard more users? The primary incentive to onboard is the compounding. Similar to the investing advice of "Time in the market > Timing the market", "Time in CC > Less time in CC" due to the compound reward.
- aww_dang 6y agoYou might consider offering something for services that adopt your coin and refer new users.
- 3np 6y agoDid you consider doing it as Chaumian-style cash[0] and if so, what made you decide against it? [0]: https://medium.com/@chamirachid/on-blind-signatures-for-untraceable-payments-by-david-chaum-275bbd6e1546 https://medium.com/@chamirachid/on-blind-signatures-for-untr...
- flurly 6y agoI didn't know this existed. Will take a look!