yup I know about your work and I think it's actually a very cool way of approaching this.

However, requiring people to own bitcoin (whether it's by requiring a payment or proving UTXO ownership) is still a huge barrier to entry for any app with more than a few thousand users. Bitcoin is still very niche. 😢

Reply to this note

Please Login to reply.

Discussion

No argument here. I'm still suspicious of the pure PoW solutions, and also of the ecash solutions, too.

The pure PoW really doesn't work well (we've tried it multipe times). It's much better to use the tokenized form in BTC, which excludes most users from the get go.