> they can also use something based off ecash/cashu
They want to have stablecoins, so...
> I'm not sure where he wants to get with this
To stablecoins :)
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The idea behind it's kinda good. Read this: https://github.com/simplex-chat/simplex-chat/blob/master/docs/rfcs/2024-04-26-commercial-model.md
The idea is: when SimpleX adds large groups and channels, 80% of traffic will be generated by 10-20% of the largest groups/channels.
They (big groups and big channels) will pay. The rest will use it for free.
SimpleX will simply charge large groups a small amount of money, which will be paid by the owners or members.
they should charge in bitcoin or monero, if they make it easy that means anyone can admin large groups, and they make even more revenue, if it's hard and a PITA there will be only a few large groups with reddit-like moderators
They want to have stablecoins.
Anyways, it doesn't matter because most of the users don't have large groups and they won't pay.
If they will create the same server-model as Discord offering with privacy on top. it could work but it needs a really good UX and UI to even start to attract normie communities, right now it is very bad as a competitve platform. battery draining issues on mobile lack of multi client support and so on, it is only for privacy people at the moment. and that isn't enough to get their "voucher" system really kicking in as currently the only big communities are self hosting their own relays hackliberty for example. i vaguly remember Discord when it first started it was targeting the gaming space... i think at the end of the day the normie "paying" person will care more about UX and usability than E2EE or Metadata resistence thing. so they should start focusing on fixing what truly matters the foundational E2EE and no-identifier are already working, we will see
there is usd based ecash too, see: https://github.com/MakePrisms/boardwalkcash-deprecated
according to the gh link:
> certificate issued to the user, based on the rules agreed with the software vendor.
> certificate is used as a micro-payment for infrastructure resource (it cannot be transferred to any other user without risks of double spend).
> certificate can only be voided by software vendor (or delegate who issued it), so it cannot be used directly as a payment.
they are basically describing ecash, their whole use case is ecash, which is nothing more than issuing a certificate or web token for a payment, and it can be done using monero as payment too
using an "NFT" for a voucher instead just makes it worse, less private, keeps it on the blockchain forever, requires another blockchain, which will definitely not have privacy by default, requires the purchase, usage, download of wallet software, of another token, has extremely worse ux, all that adds a lot more friction, all just to issue an online voucher... which is a solved problem already...
The repo says "deprecated"... 😅
> they are basically describing ecash
Everything built on top of Lightning sounds unreliable to me. No offense if you're a Bitcoiner.
yeah it's the only docs I could find but the wallet itself is deprecated, just something I remember seeing someone building with ecash stablecoins
everything built using EVM and NFTs sounds even worse to me, and much more complicated/bloated then a simple web token, and ecash can be issued with monero
