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TRON (TRX) are doing interesting things
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2018-09-30 at 10:30 PM UTCIn the micropayments space. They recently hooked up with Bittorrent, to enable paid seeding, and they are connecting with IPFS in some way I don't follow yet.
Micropayments are exciting to me. Imagine you can set up an information site, and have people pay small amounts, say 1 TRX (about $0.02 USD) to access it. Nice alternative to advertising. Or you set up a wifi access point, and again, people pay small amounts to use it. Or small amounts as a tip.
Tron has a pretty good throughput, maxing at about 2,000 transactions a second. Bitcoin maxes around 3, Visa maxes around 24,000 (but only actually processes about 4,000 at most).
It's a very interesting coin, doing very interesting things, and the price has cratered lately. I'd definitely class it a buy. -
2018-09-30 at 10:35 PM UTCsounds like a sales pitch from a really bad salesman who knows what hes trying to sell is junk but doesnt want anyone else to know it so theyll throw their money at him.
visa has so many xactions because they have several zillion supercomputers sucking in several billion jiga-watts of electricity...along with fiber optic network cable that a 747 could do barrel rolls down...to give the computer power to do so.
'tron' has what...some chinese 50-cent party members running coax into each others garage to network their TRS-80s and their grammys cookies as fuel...
id buy that for a dollar -
2018-09-30 at 10:41 PM UTC
Originally posted by infinityshock sounds like a sales pitch from a really bad salesman who knows what hes trying to sell is junk but doesnt want anyone else to know it so theyll throw their money at him.
No one here has money.visa has so many xactions because they have several zillion supercomputers sucking in several billion jiga-watts of electricity…along with fiber optic network cable that a 747 could do barrel rolls down…to give the computer power to do so.
'tron' has what…some chinese 50-cent party members running coax into each others garage to network their TRS-80s and their grammys cookies as fuel…
Visa needs a big system because they do all sorts of complicated fraud detection and interfacing with different banks, as well as a complicated bureaucracy for refunds, chargebacks, etc. A visa transaction costs a business something like 10 cents to process - if they have a good deal with a processor.
A blockchain doesn't need to do any of that. -
2018-09-30 at 10:49 PM UTC
Originally posted by soybitch 2.0 - The CUMswallowing No one here has money.
Visa needs a big system because they do all sorts of complicated fraud detection and interfacing with different banks, as well as a complicated bureaucracy for refunds, chargebacks, etc. A visa transaction costs a business something like 10 cents to process - if they have a good deal with a processor.
A blockchain doesn't need to do any of that.
obviously.
the complicated chargeback/refund system is designed that way by the kikes to provide a higher likelihood that a complaining customer who is having difficulties with a merchant will give up and suck up the loss themselves.
another part of their system is to camouflage their profits to keep the assorted betabet-soup agencies in the dark as to what theyre really doing and how much theyre making. ever wonder why the credit card issuers are branching off into being actual FDIC-sanctioned banks? that.
a visa transaction costs something like .0005 cents to process. visa charges a business something like 50 cents (depending on the results from the latest lawsuit against them)
