News for hackers. Stuff that matters.

A comment on Letting users skip our paywall if they wrote an apology. Parent comment

Re:Letting users skip our paywall if they wrote an apology by mirimir on Tuesday October 31, 2017 @02:34AM (#15591457)
Right, and Mirimir has no credit cards :(

I used to argue for Bitcoin, but at $6K that's crazy.

However, a EZPass-like token funded with cards, cryptocurrencies, money in the mail, etc. That would be cool.

[ Parent | on HN ]
Re:Letting users skip our paywall if they wrote an apology by thisacctforreal on Tuesday October 31, 2017 @02:57AM (#15591506)
Being pedantic; the fluctuation is what’s crazy, if they started at $6k it’d be no problem because you’d just think in terms of thousandths of BTC (or even satoshis) instead of whole coins.
[ Parent | on HN ]
Re:Letting users skip our paywall if they wrote an apology by mirimir on Tuesday October 31, 2017 @04:01PM (#15596068)
The problem is the transaction fees needed for timely confirmation.
[ Parent | on HN ]
Re:Letting users skip our paywall if they wrote an apology by Cyphase on Tuesday October 31, 2017 @03:02AM (#15591516)
> I used to argue for Bitcoin, but at $6K that's crazy.

Well, Bitcoin may not be good for micropayments, but that's not the reason; you don't have to have integer numbers of bitcoin, you can have 0.00016666 bitcoins (~$1 at $6k/BTC).

[ Parent | on HN ]
Re:Letting users skip our paywall if they wrote an apology by hossbeast on Tuesday October 31, 2017 @03:13AM (#15591547)
Lightning Network, coming soon to a blockchain near you.
[ Parent | on HN ]
Re:Letting users skip our paywall if they wrote an apology by japano1se on Tuesday October 31, 2017 @05:59AM (#15592013)
Real Soon Now™. It's pretty much vaporware at this point.
[ Parent | on HN ]
Re:Letting users skip our paywall if they wrote an apology by splintercell on Wednesday November 01, 2017 @12:55PM (#15603186)
What about Raiden (for Ethereum) though, it is already on the test network.
[ Parent | on HN ]
Re:Letting users skip our paywall if they wrote an apology by mirimir on Tuesday October 31, 2017 @04:08PM (#15596123)
Yes. But it's the transaction fees. Sorry to not make that clear.
[ Parent | on HN ]
Re:Letting users skip our paywall if they wrote an apology by unreal37 on Tuesday October 31, 2017 @10:41AM (#15593558)
What's the transaction fee on a Bitcoin transaction these days? Minimum $1.50? With a 15- or 30-minute delay on confirmations?

Not for micro- nor instant-transactions.

[ Parent | on HN ]
Re:Letting users skip our paywall if they wrote an apology by mirimir on Tuesday October 31, 2017 @04:06PM (#15596103)
Yes, that was my issue. I normally set ~0.5 mBTC, but that's $3 now. That gives you an hour or less. At ~0.2 mBTC, it can take hours to confirm. However, for small payments, some accept with no confirmations, and just eat any loss.
[ Parent | on HN ]
Re:Letting users skip our paywall if they wrote an apology by mathgenius on Tuesday October 31, 2017 @11:45AM (#15594062)
This seems relevant: "Ripple, XRP and Micropayments", https://xrphodor.wordpress.com/2017/09/17/ripple-xrp-and-mic...
[ Parent | on HN ]