Opportunities for BSV Entrepreneurs:
- Compete with Ripple's settlement business.
- Build the best real DeFi platform.
- An NFT marketplace.
- Hash global state of the Lightning Network in real time and sell up-to-the moment data to small blockers.
Post by twetch#2951
Not sure #1 is possible, XRP is "confirmed" in 3 seconds, as in the exchange credits you within ~20-30s after you've sent.
What did you mean by the last one?
What the chain says
- Block
- 667 740
- Time
- 2020-12-29T18:53:21Z
- Signer
- 1L1TcimoG4z6L8HLsEzhd6xLfPhnpzZM9U
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#2951
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1L1TcimoG4z6L8HLsEzhd6xLfPhnpzZM9U VerifiedReplies (6)
Yeah sending XRP to an exchange is instant... BSV takes all day.
That’s a short term issue. With the right opportunity, instant deposits can be cheaply insured, for example. When hash power is higher, instant deposits will be insured by honest signal of hash rate.
Right on. Not my field.
ripples pitch was crossborder remitances and settlements. I dont think he means exchange deposits. Even though it all turned out a scam.
but with high enough hashrate 1 confirm should be enough for that too like with BTC
Their "cross-border remittance" worked by, in the back-end, trading the remitter's USD to XRP-USD on an exchange, then moving it to Bitso, a Mexican exchange they owned part of, and exchanging it on the XRP-MXN pair to MXN which the remittee would receive.
Yes, the remittance business is what I was talking about. Be Western Union SV, basically.