Live Read Super Chat Bounties

With the introduction of Sensilet into our stack all kinds of new possibilities for online commerce arise. The final step that may be achieved today unlocks powco users' ability to earn the satoshis contained within the smart contract. To get to that crucial capability makes available many valuable applications especially ones from Token Meet. Atop the list of projected revenue streams for TokenMeet lives the coveted Live Read Super Boost.

A live read smart contract offers the host of a show the earning potential of satoshis that attendees pay in real time to hear their specific commentary discussed or mentioned. Live Reads constitute the bulk of revenue for many online streaming and video on demand as well as more traditional over the air broadcasts. The idea is in place and scrypt activates developers' ability to create the feature, so now it is time to lay down and execute on the plan to bring live reads to market within our APIs and consumer apps.

Show hosts want to read valuable live reads as quickly as possible to maximize their profits so the live read bounty transactions must be discovered as quickly as possible. Start by writing a function that parses raw transaction data and discovers any live read origin contracts. Any new bounties shall be inserted into a database index and served by the API. For TokenMeet the new live read shall also be sent immediately and directly to all interested clients via a websocket subscription.

The same function used to parse a stream of mempool transactions in memory may also be used within an API to submit new transactions directly. Assuming clients will prefer the reliability of direct transaction submission, including its standard documentation in Open API format, focus construction there.

Because currently no team member has repeatedly proven an ability to sign an scrypt method using their sensilet wallet, there is a real risk of many test satoshis being currently locked up into dead end objects with lost keys or impossible logic. To mitigate against such risk developers may during the development of their objects always allow liquidation of the satoshis by a fail-safe method of requiring no sigature whatsoever. That is how I plan to proceed while my skills executing and signing smart contracts develop.

Rather than track the state of the smart object at this point all we need to know is whether a new transaction effectively unlocks the satoshis contained within the live read. That simply means the coins were spent and the bounty is no longer available. Clients shall endeavor to also submit their unlocking transactions directly to an API for immediate verification, indexing, and distribution to the other users. Customers will be pleased knowing with instantaneous satisfaction that a show host has indeed accepted their proposed live read super chat bounty.

Still it must be proven that one show host may unlock the satoshis using their own keys, as well as an admin fail-safe or even anyone in ultra dev mode. That assurance shall be acquired by writing a small handful of tests using the framework delightfully provided by scrypt-ts. Once coins are unlocked and submitted to the API, its index shall be updated to indicate whether the bounty was accepted, rejected, or cancelled, or whether it is sill remaining active. In the case of it being unlocked the latter transactions shall also be returned by the API index and broadcast to interested clients both audience and hosts.

By tracking every state of the live read super chat bounty Bitcoin users achieve a shared platform for super chats that can be embedded into absolutely any application. All logic lives in bitcoin script, eliminating any counterparty between show and their audience other than the bitcoin network itself. Token Meet serves the market by presenting a clean and comprehensive HTTP and Websockets JSON API of all live read super chat bounties in real time. Choose Token Meet for your show and you can capitalize on this and more profitable, innovative features for your video streaming products.

There are many strange things about the way human psychology interacts with the modern world because the environment that this psychology evolved for was quite different. Successful people today must connect with their instincts when it comes to some things but overcome those instincts in other things.

As an example of something we must overcome, our instincts in scientific matters work out well for a hunter-gatherer lifestyle but go in the opposite direction of the truth when we look at a wider variety of phenomena in a more abstract way. This has a lot to do with why physics is considered to be such a difficult subject.

As an example of the opposite issue, people all have an instinct for growth that society continuously tries to tell them to ignore or to treat as something evil, so that they can be easily exploited.

I have learned that the popularity of ordinals on BTC has to do with the collector mindset. Maybe the collector mindset comes from a past where nothing could be easily manufactured in huge quantities. What would make a hunter-gatherer think that something is scarce that might not be true today?