4 ms·
This is basically the idea that motivated "Bitcoin: A Peer-to-Peer Electronic Cash System"[^1] "The cost of mediation increases transaction costs, limiting the
by myk9001 3y ago
This is basically the idea that motivated "Bitcoin: A Peer-to-Peer Electronic Cash System"[^1]
"The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions [...]"
And more recently Brave, the browser tried to implement it.
"Crypto and DeFi are hard to use and the $330 billion digital advertising industry is failing users, publishers and advertisers. With Basic Attention Token and Brave we want to take Crypto to the next 1B users and solve the endemic inefficiencies and privacy violations hobbling the digital ad industry."[^2]
I personally think this is a beautiful idea, had it worked out as envisioned, the Internet could've been a very different and likely better place now. Pity cryptocurrencies came to be what they're in their present condition.
---
[^1]: https://bitcoin.org/bitcoin.pdf https://bitcoin.org/bitcoin.pdf
[^2]: https://basicattentiontoken.org/ https://basicattentiontoken.org/