Re:Jack Dorsey Releases BitChat: Encrypted Messaging via Blu...
by glitchc on Monday July 07, 2025 @02:40PM
(#44493400)
More familiar than you can imagine. The fact that you think smart contracts are what are needed to solve a decentralized communications problem suggests that you've learnt a new hammer and everything now looks like a nail to you.
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Re:Jack Dorsey Releases BitChat: Encrypted Messaging via Blu...
by kosolam on Monday July 07, 2025 @04:14PM
(#44494222)
Please check the parent comment which I replied to, this is a solution to “how to implement a robust micropayment system” in this context, not how to solve a “decentralized communications problem”.
Re:Jack Dorsey Releases BitChat: Encrypted Messaging via Blu...
by WantonQuantum on Monday July 07, 2025 @11:43PM
(#44496851)
Well, there's the "Given the intended use-case, that would not work." part which very much means the payment system is in the context of the intended use case.
Re:Jack Dorsey Releases BitChat: Encrypted Messaging via Blu...
by kosolam on Tuesday July 08, 2025 @10:45AM
(#44500482)
The full comment quoted:
>I like the idea, I just don't know how to implement a robust micropayment system that does not require a lot of messages back and forth for a transaction. Given the intended use-case, that would not work.
My reply is: here is the system that will work. Very simple. Keep in mind that multiple use cases and applications were mentioned, so I don’t see an issue for such an economic model to support at least some of the use cases.