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A comment on Ethereum has blobs. Where do we go from here?. Parent comment

Re:Ethereum has blobs. Where do we go from here? by godelski on Friday March 29, 2024 @01:44AM (#39861055)
I don't want instant transactions. Clawbacks are very useful. Now the trick is to get that decentralized which means things like smart contracts? But still I haven't seen a good solution.
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Re:Ethereum has blobs. Where do we go from here? by evantbyrne on Friday March 29, 2024 @10:00AM (#39864200)
Well everyone pays an extra ~3% on all of their transactions for that privilege, plus whatever costs retailers factor in for rampant credit card fraud. I wouldn't consider Visa the gold standard of how financial transactions should work the whole system is very clunky and prone to abuse.
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Re:Ethereum has blobs. Where do we go from here? by godelski on Friday March 29, 2024 @11:56AM (#39865575)
> Well everyone pays an extra ~3%

You do realize crypto currencies have transaction fees, right?

Yes, I'm willing to pay for goods and services.

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Re:Ethereum has blobs. Where do we go from here? by evantbyrne on Friday March 29, 2024 @03:31PM (#39868058)
Not 3%! That's a lot of lost spending power for the privilege of having your insecure cc number stolen at a gas pump.
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