opreturn

3 ms·

1.
by opreturn 6y ago
> Heck, my visa card pays me 0.3% nowadays. Does your visa pay the merchants too? If banks/cards are are still charging merchants 2-3%, then some of that is passed on to us users as well (just not explicitly)
2.
by opreturn 6y ago
Very nice points. People are not that averse to metered pricing. There is a strong aversion towards unpredictable charges.
3.
by opreturn 6y ago
I don't enjoy the negatives. We'll move to better alternatives as they become available. Until then.. it's just like democracy or free markets.. no demonstrably superior alternatives yet
4.
by opreturn 6y ago
:-) Yeah. There's some baggage there, but I was still surprised nobody wanted this username. Core devs may not agree with what some users do with the system (current specs/features).. but as the Ethereum miners showed with increas
5.
by opreturn 6y ago
.. that factory full of rigs and a power plant with the capacity of Arkansas Nuclear One
6.
by opreturn 6y ago
> .. now it's too late. Perhaps it is too late for replicating existing use cases. However, the general idea of running EVM-like smart contracts secured by Bitcoin PoW (e.g. merge mined sidechains) is still quite attractive
7.
by opreturn 6y ago
> except for mining security where did you see that? I don't think their security model has any connection with Bitcoin mining. They are not merged-mining with bitcoin
8.
by opreturn 6y ago
Bitcoin miners have no role here. Anyone can sign up to be a Stack-miner by bringing in their own BTC into this network. That amount (in BTC) is distributed to those who have staked their Stack-tokens. A pRNG process (based on VDF or VRF) s