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That is untrue. We do not plan any coins. We plain a private payment mechanism for the servers that will utilize blockchain for valid reasons - we call it Com
by epoberezkin 9mo ago
That is untrue.
We do not plan any coins.
We plain a private payment mechanism for the servers that will utilize blockchain for valid reasons - we call it Community Vouchers. But they are not coins, they are service credits that cannot be created out of nothing (as coins) and cannot be sold - they can only be used to pay for the servers.
It's covered here: https://simplex.chat/vouchers https://simplex.chat/vouchers
Whitepaper on that design will be published in early 2026.
Disclaimer: I designed SimpleX network
- wkat4242 9mo agoHmm that's still very 'crypto'. I understand that servers need to be paid for but that's why I run my own matrix server. So I pay for that and for the users on it. Much nicer than having to trust another party to run them.
- adamthegoalie 9mo agoWhat’s wrong with being “very ‘crypto’” when you use a real use case crypto can solve?
- j45 9mo agoFeels like a use of a ledger technology where everyone is a stranger in a way that isn't a credit and debit system in a relational databse.
- chaps 9mo ago"Buy Community Vouchers. Initially you would pay with a stablecoin (USDT/USDC). " You're literally requiring people to buy specific cryptocurrencies to buy your community vouchers.