noxer

63 ms·

601.
by noxer 5y ago
Ripple didn't exist when XRP was created. ripplepay now rumplepay.com was probably what you meant.
602.
by noxer 5y ago
Its nonsense. For both SSD and HDD. Although HDD do have a tendency to fail shorty after reuse if they where not used for years. This is due to lubrication decomposing afaik.
603.
by noxer 5y ago
These system do not work outside the justification where they are made. Domestic Tx are fast and cheap because all parties involved have agreements and the same laws etc. etc. Cheating between local banks is rather useless because there is
604.
by noxer 5y ago
>Bitcoin is a worldwide network storing $1 trillion in value It hurts man. Market cap is not how much money is stored. Have a read https://coil.com/p/XRPFax/Understanding-the-Crypto-Market-Ca...
605.
by noxer 5y ago
The question you have could easy be answer by yourself if you just go to the official page and read for 5 minutes what they are doing and how. Coil primary uses ILP its not a blockchain its a protocol it can use fiat or "magic crypto c
606.
by noxer 5y ago
>People don’t want to continuously make judgements about whether they’re getting good value for money in their content - especially their entertainment content. Why dont you look into the things we talked about here? See coil.com its a f
607.
by noxer 5y ago
You also miss the whole point. The Netflix example isn't something anyone tires to do now and it may never happen its just to show what the tech COULD do. Today web monetization and micropayment ideas are targeted at replacing ads. Ads
608.
by noxer 5y ago
No it does not. It proves the point that people are willing to pay for content. But no one wants to be locked-in to patron. There is a high chance over the next years many patron competitors will emerge and its neither in the interest of cr
609.
by noxer 5y ago
I'm not even using twitter and I know that the crypto community has a bunch of coins and twitter bots [1] that implement tipping way way better and also likely did this years ago. The key part of making it better is that everyone can r
610.
by noxer 5y ago
No one said they should. But they can offer something and get payed with one that's usually the use case of the token. And it does not require a new token.
611.
by noxer 5y ago
XRP is the token Its called XRPL and its not centralized since years.
612.
by noxer 5y ago
You can still have fixed cost/flat rates whatever. The key point is that you can use any service you want and they have to actually compete with the price and content. This is not the case now. You are locked-in or you overpay if you h
613.
by noxer 5y ago
That not what coil does. Coils is just payment provider for web monetization. You can use another (probably none exist so far) and more importantly you can use web monetization outside of coil owned platforms. The cam site thing maybe look
614.
by noxer 5y ago
I think you didn't get the bigger picture. Its not for streaming a movie is for everything on the web. Why would you pay 50 for Netflix if you can just consume content wherever you want for 50 bucks instead. They can still offer you a
615.
by noxer 5y ago
Well there can still be option to pay full at once. Not quite sure what you gain from this but if you can stream you can also stream all once.
616.
by noxer 5y ago
ILP is (could be) the "interoperability between traditional world and blockchain" but only for payment/money/value We dont really know yet what else there might be. NFTs is the current hype but who knows what/if tha
617.
by noxer 5y ago
Imagine how awesome it would be if you could search for a movie choose the service that current has the best cost/byte ratio for your location (they can make this variable to manage load). Then you start streaming. No registering neede
618.
by noxer 5y ago
The goal was to remove the middlemen to make stuff cheaper/unbiased/fair/private. The token prices going up an down is indeed just a side effete of speculation. but will definitely go away over time its not solving any proble
619.
by noxer 5y ago
Currently Coil costs you 5 bucks a month and its distributed to the content creators that you consume on the basis of how long you consume them. The Creator must have a web monetization enabled website [1] to participate. And you need eithe
620.
by noxer 5y ago
>Any wallet could offer the same thing. No, its not a wallet at all its a protocol like TCP but for money. If you are interested go read about it first. There is no point in arguing about something you dont know what it is. >PayPal co
621.
by noxer 5y ago
No one will, that's the point. Imagine you would have to pay Netflix with Netflix token and on eBay you would have to pay with eBay token. The current financial system is already annoying, we re dont have to make it worse.
622.
by noxer 5y ago
The post above has a list of companies who build on top of such a decentral permission-less system that apparently has no benefits. Start with coil.com what they do it not possible with the financial system. They enable users to stream mone
623.
by noxer 5y ago
That's exactly what we dont need. 99% would use the token to move value (pay for something) and we really dont need a bazillion different tokens for that. Also most tokens are not stable and thus not very desirably for payment.
624.
by noxer 5y ago
We can make trust-less stablecoins backed by crypto but we cant run a blockchain on a stablecoin. Its only stable if its backed or pegged to something and that we dont know how to do decentral.
625.
by noxer 5y ago
Sounds to me as if you dont have any "blockchain project" ideas. That's fine do something else. If whatever you every wished to crate does not profit form this tech, it probably really just does not profit form it. Nothing wr
626.
by noxer 5y ago
I'm sure they have one but these days you offer something for free first to gain users and make you product as premium as possible so you can actually expect someone to pay for it. >"if it's all crypto then you have no KYC
627.
by noxer 5y ago
Ah cool thx, BTW you can swap on the XRPL DEX too, however you can only swap "issued currencies" (IOUs) so you need to trust some counterpart (like gatehub or another exchange) to actually hold the asset behind it until you withdr
628.
by noxer 5y ago
Hmm whats the UNI token for then?
629.
by noxer 5y ago
Take a look at Sologenic. Sologenic is a fronted for the DEX. AFAIK they have no legal obligation to limit who is using it at all. The DEX as as its name says is decentral, they can not control it. They just make software that lets users us
630.
by noxer 5y ago
I dont think this is a downside at all. If you build on a existing blockchain you ofc need funding rather than "printing" you own funding. It may be harder but also less of a legal risk. BTW Coil.com pays content creators based on

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