News for hackers. Stuff that matters.
Re:A not so gentle intro to web3 by gjulianm on Monday January 03, 2022 @09:48AM (#29781271)
> Happy venues, happy fans, happy performers

Except for the fans that couldn’t get a ticket because it’s the first time they do and they go to the back of the line, or the ones that sold a ticket because they couldn’t attend and now they can’t buy tickets.

> Smart contracts that hold the money for 30 days and a real-world interface for customer service (new companies will be borth to offer this I bet) will mean lower fees.

Which means a 30-day payment lag for everyone and is far more prone to abuse if the client can unilaterally charge back any transaction. Also doesn’t help when credentials are stolen.

Re:A not so gentle intro to web3 by ekanes on Monday January 03, 2022 @02:34PM (#29785330)
No, the fans that don't get a ticket are just at the "new/unkown" part of the line. They cannot be worse off than now.

For the payment lag, that's what we have now with Visa/MC. No difference.