5 ms·

This is good but I wish it wasn’t specific to Braintrust. Have been in crypto for a while and have never heard of Braintrust or their token. Freelancers should

This is good but I wish it wasn’t specific to Braintrust. Have been in crypto for a while and have never heard of Braintrust or their token. Freelancers should just be paid directly in a ERC20, Stripe could take a small fee on transfers for their UX and API services, no need for a DAO or separate BTRST token.

jsemrau 4y ago
We were evaluating ETH payouts for Finclout and at the time transaction fees was a huge barrier. We are currently working with the Cardano chain because it allows for a min payout of 1 ADA which makes users happy when they get payouts more frequently and us happy because fees are low.
- zeroclip 4y ago
  Personally feel that a better solution long term is Ethereum L2 payouts.
  - Karrot_Kream 4y ago
    L2s are still pretty young. Polygon is popular but is ultimately a sidechain. Optimism hasn't rolled out fully. I understand why some would not want to trust L2s yet.
    - zeroclip 4y ago
      Agreed, although short term solutions like having freelancers paid in ADA just to avoid ETH fees might end up hurting users and eroding their trust in blockchains in the long run.
  - jsemrau 4y ago
    The future of payouts will be omni-chain. Now that ETH is PoS, it is actually one of the benefits of the move, that there is a treasury with non-random payout cycles.
  - imtringued 4y ago
    L2 is a fragmented mess. There can only be a handful of solutions that must all be interoperable with each other. Honestly the number of L2 for Ethereum convinced me it is a deadend. Even bridging is a deadend. I have seen 6 wrapped versions of DAI on Solana. The crypto skeptics were right, you can fork cryptocurrency endlessly until it becomes difficult to agree on which chain is the right one. Honestly either you do everything on L1 Ethereum or you do everything on L1 Solana(or Avalanche or any other scaling blockchain), there is no room for solutions in between.
    - zeroclip 4y ago
      > I have seen 6 wrapped versions of DAI on Solana. What does Solana have to do with Ethereum L2s? And what are you referring to about bridges, forks, chains? L2 = rollup. Users have several to choose from, and are not forced into a single processor like Stripe or PayPal. Withdrawal back to L1 is trustless. Interop might eventually be solved with recursive zk proofs.[1] Trying to build a decentralized payment infrastructure on a centralized chain like Solana sounds like a disaster. [1] https://blog.succinct.xyz/post/2022/09/20/proof-of-consensus https://blog.succinct.xyz/post/2022/09/20/proof-of-consensus
Karrot_Kream 4y ago
As far as I can tell, this is just an article from Stripe about Braintrust using Stripe Connect for USDC payouts. This doesn't seem to be an actual product by Stripe. Braintrust is managing the platform but using Stripe for payouts. Agreed, I haven't heard of Braintrust or their token either which would make me cautious were I to use the platform.

jsemrau 4y ago

We were evaluating ETH payouts for Finclout and at the time transaction fees was a huge barrier. We are currently working with the Cardano chain because it allows for a min payout of 1 ADA which makes users happy when they get payouts more frequently and us happy because fees are low.

zeroclip 4y ago
Personally feel that a better solution long term is Ethereum L2 payouts.
- Karrot_Kream 4y ago
  L2s are still pretty young. Polygon is popular but is ultimately a sidechain. Optimism hasn't rolled out fully. I understand why some would not want to trust L2s yet.
  - zeroclip 4y ago
    Agreed, although short term solutions like having freelancers paid in ADA just to avoid ETH fees might end up hurting users and eroding their trust in blockchains in the long run.
- jsemrau 4y ago
  The future of payouts will be omni-chain. Now that ETH is PoS, it is actually one of the benefits of the move, that there is a treasury with non-random payout cycles.
- imtringued 4y ago
  L2 is a fragmented mess. There can only be a handful of solutions that must all be interoperable with each other. Honestly the number of L2 for Ethereum convinced me it is a deadend. Even bridging is a deadend. I have seen 6 wrapped versions of DAI on Solana. The crypto skeptics were right, you can fork cryptocurrency endlessly until it becomes difficult to agree on which chain is the right one. Honestly either you do everything on L1 Ethereum or you do everything on L1 Solana(or Avalanche or any other scaling blockchain), there is no room for solutions in between.
  - zeroclip 4y ago
    > I have seen 6 wrapped versions of DAI on Solana. What does Solana have to do with Ethereum L2s? And what are you referring to about bridges, forks, chains? L2 = rollup. Users have several to choose from, and are not forced into a single processor like Stripe or PayPal. Withdrawal back to L1 is trustless. Interop might eventually be solved with recursive zk proofs.[1] Trying to build a decentralized payment infrastructure on a centralized chain like Solana sounds like a disaster. [1] https://blog.succinct.xyz/post/2022/09/20/proof-of-consensus https://blog.succinct.xyz/post/2022/09/20/proof-of-consensus

Karrot_Kream 4y ago

As far as I can tell, this is just an article from Stripe about Braintrust using Stripe Connect for USDC payouts. This doesn't seem to be an actual product by Stripe. Braintrust is managing the platform but using Stripe for payouts. Agreed, I haven't heard of Braintrust or their token either which would make me cautious were I to use the platform.