What exactly are they gonna do with it? A whole plot of land no longer in use? Will mother nature heal itself over it all?
Preaching to the choir here. I want to hear the opposing arguments so I can further build on my conviction knowing that I ain't missing something that someone had the opportunity to tell me.
That's not real.
Please expand, because I don't see how these tokenisation projects do any of these things without critical compromises that reintroduces the trusted relationship between you and a service provider.
Especially less fraud.
Stocks are legal structures not anything that lives or exists outside that. So trying to create something like it outside the system is not stocks.
My take is why even bother?
They seem to be a technology looking for a purpose. At best they are art, but they are also almost always misrepresented and sold disingenuously.
Most people don't buy these things because they are interesting or innovative, they buy and trade it because someone said it might be a way to make a quick buck.
Fiat tokens (stable coins) might provide some value, but just remember that they are private currencies that can be shut down and the value will be rugged involentarily.
Everything else on a blockchain is like putting aeroplane wings on anything and expecting everything to fly without the other things: an engine, propeller, aerodynamic shape, light weight material with sturdy structure...
It doesn't really make economic sense to use on-chain with smaller payments in general.
Sending small amounts to a single address doesn't make a bigger utxo, so you still have dust, just all at the same address.
Lightning solves for that at least.
That is not normal. I've never seen this. If she has made a payment and it settled, then I would go to the transaction, get its paument details and get the lightning invoice (there's usually a "pre-image" but it seems their wallet doesn't provide that???!)
Then try to get support from them here: https://support.walletofsatoshi.com/support/home
You are both fortunate that you both used the same service provider and unfortunate that you both used a custodial wallet.
My guess is that the payment system worked flawlessly but there was some issue at the service provider level.
The moment it was created honestly. Web 2.0 was buzz, but it was also a term invented AFTER the innovation.
Web 3.0 is an attempt to scam people before anything was even there.
I remember a friend asked me to look into it from a technical point of view, he wanted to invest in some web 3 stuff. I told him that I wasn't interested but I'll do it if he still wants.
Asked around online "what is web 3?" got different answers, mostly about NFTs but also about gaming with blockchain, and immediately realised that everyone thought it was what THEY were into. No formal definition.
Reported back and my friend was already uninterested meaning I wasted my time.
Just added "incest" to my list of blocked words. I suggest others do the same. 😡
We know the number of channels, the bitcoin addresses related to each (something researchers and devs are working to eventually improve on).
A big node in the network can probably get a lot of info for you, I feel like there might even be a company that produces a report like this if memory serves, but I don't remember who that was.
Oh, actually because of multi-part payments, even that might be inaccurate unless you treat each part as a unique payment.
I think what is most interesting is if someone has details on number/rate of FAILED payments. Again, will be a sample of data and we don't know what percentage but we can guess.
BTW the tldr is I don't know. I was simply talking about the mechanics of why we can't know payments per second.
Not on #Amethyst... Can you do it in Damus?
Where could you find a metric for global cash payments per second? You could ask a store to tell you their payments per second, but there's no central point where you can monitor and collect that metric.
Where could you find a metric for internet packets being transmitted per second? I mean you can ask a server, and heck you could probably get a good estimate from Cloudflare and Amazon since they are middle men for most internet traffic, but it isn't everything.
Same for lightning. You could probably ask WoS since they probably do a lot of transactions, but you can't ever know what you don't know.
Its a long thread... And to be fair, it took a while to load on amethyst and the text was reshuffling as the lines to the left kept adding on.
A one time stealth address as far as I can tell is just using a unique address each time... Something bitcoiners should be doing already, that wallets already push for.
Breaking the tx graph is done with the ring signatures, but even that is not perfect as shown in the video. It's pretty damn good to be clear, but it does leave breadcrumbs.
Yup, never say never. But there is something to be said about the lack of persistent data recorded in a public place.
There is no public data about lightning transactions. They can insert nodes in the network, but the data will be like those dandilion ip traces.
The fees are whatever their nodes ask for, not what the sender chooses.
The amount is slightly obfuscated in that there will be fees to account for, but that's probably the most revealing thing they can learn about.
If they are exit nodes, the fees might help them identify that, but not sure how they identify that they are entry nodes.
After all that, there is very little they can ask an exchange for when they want more info about a payment UNLESS the payment originated from that exchange. But a payment to an exchange is practically a blind payment for them.
That's the damn same as Bitcoin. Monero is pseudonymous.
I'm hoping that it cascades globally and reveals or handicaps more shit happening in Europe.
Gimme your convoy trucker sats. I'll take 'em. Well, if I could afford them 😅.
Don't forget that the thing is global too. I don't live in Canada and also yeah, the banking system is kinda global when it wants to be too (sanctions) but even then bitcoin can work.