Post by twetch#200

1JhKv5…y2UL Key · twetch

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.
What the chain says
Block
667 714
Time
2020-12-29T17:53:53Z
Signer
1JhKv5bs1wpHRYFAQS4qF5zhKfAnXAy2UL
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#200

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1JhKv5bs1wpHRYFAQS4qF5zhKfAnXAy2UL Verified

Reposted by (2)

Replies (10)

1L1Tci…ZM9U Key · twetch
Replying to@1JhKv5…y2UL

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?

17AiYr…MEPu Key · twetch
Replying to@1L1Tci…ZM9U

Yeah sending XRP to an exchange is instant... BSV takes all day.

1JhKv5…y2UL Key · twetch
Replying to@17AiYr…MEPu

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.

17AiYr…MEPu Key · twetch
Replying to@1JhKv5…y2UL

Right on. Not my field.

1E5wYa…Ycfh Key · twetch
Replying to@1L1Tci…ZM9U

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

1L1Tci…ZM9U Key · twetch
Replying to@1E5wYa…Ycfh

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.

1JhKv5…y2UL Key · twetch
Replying to@1E5wYa…Ycfh

Yes, the remittance business is what I was talking about. Be Western Union SV, basically.

14vUZW…Nxbd Key · twetch
Replying to@1JhKv5…y2UL

People are too obessed with being lawful and most of them dont like tokens.
DeFi is exciting because of tokenomics and the money to be made there.
Change that culture and the capital/talent will come!

1JhKv5…y2UL Key · twetch
Replying to@14vUZW…Nxbd

It's a permissionless network. I wish more people would just be capitalists and do whatever it takes to make money .

1E5wYa…Ycfh Key · twetch
Replying to@14vUZW…Nxbd

That's right. The defi space is full of innovation.

Uniswap is brilliant. All the tokenized coins WBTC WETH etc.

fuck if its legal or not honestly

In fact BSV can do it much better with the way lower fees