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Payments on the Solid Framework

docs.solidpay.org

21–30 of 49 posts

Re: Payments on the Solid Framework

#21

Okay I'll bite. I've worked in both retail and corporate banking for over a decade. I've been responsible for software that processes large payments and receipts daily. I've cloned a few cryptocurrencies for fun and have a pretty good understanding of them. I cannot understand anything on this entire site. Does anybody know what this is all about?

I haven't done all that but I fully understood.

Re: Payments on the Solid Framework

#22

It is pretty interesting and kinda disappointing to see renowned tech luminaries hopping on the hype train left and right.

Or maybe there's something to it, and it's still being worked on? I have no opinion either way on Solid (yet), but the comments on these submissions seem extremely critical considering they're still rolling it out and it's a work in progress. When I read the OP link above, and the other submission today, I just see an early-stage project that is still being actively developed, no different to thousands of other proje…

> ...but the comments on these submissions seem extremely critical...

I think there are very good reasons for the critical commentary. Tim Berners-Lee made the comment recently that it took 15 years for us to get "here," where here seems to be a bunch of handwavey marketing fluff and broken demos. I am going to take what he says and believe he meant that the broken demos were built upon 15 years of prior work on bits and pieces that no one put together until recently; at least that is slightly more palatable. But Solid Pay suffers even more from the handwavey marketing fluff, because its handwavey marketing fluff relies on Solid's handwavey marketing fluff.

> Solid builds on 30 years of Web research and development. It has a cutting edge semantic layer with proven scalability...

Since when has Solid proven its scalability? The demos don't even work. Even if it overcomes the infirm state of Solid, it then suffers from the apparent fact that while Solid Pay is intended to interact with the existing monetary infrastructure, no one working on Solid Pay seems to understand that infrastructure. In Solid Pay, a Credit increases your balance; but everywhere else, a credit decreases it. This sounds simple, but if you mess up simple, I fear for the complicated bits will be worse.

There are real problems here, and we can't just hope they go away; we must be critical of them or else we risk dealing with them for quite some time should these systems actually materialize.

Re: Payments on the Solid Framework

#23

Okay I'll bite. I've worked in both retail and corporate banking for over a decade. I've been responsible for software that processes large payments and receipts daily. I've cloned a few cryptocurrencies for fun and have a pretty good understanding of them. I cannot understand anything on this entire site. Does anybody know what this is all about?

I haven't done all that but I fully understood.

You may want to explain it to us then.

Re: Payments on the Solid Framework

#24
post #2

The solid infrastructure looks promising to me. Based on the other submission today on Solid[1], there are varying opinions on whether it will take off and really be able to challenge the big social media. However, I think we _need to want_ this to succeed, even if there are other ideas of what decentralised architectures should look like. It may not be the best system to everyone, but it has some clout with Tim Bern…

Disruption is driven by need though. Uber succeeded because traditional cab companies suck. I can’t remember when people weren’t complaining about cabs, even before the internet, and Uber came and removed almost all of the annoyances. Sure they were bad for labour, but for the customers it made sense. I’ve never seen anyone complain about Instagram or visa. How can you disrupt services that people love? I mean, it sh…

Heh we obviously have very different groups of friends. Everyone I know complains about Insta and existing payment methods all the time.

On top of the people complaining there are those the market hasn't appealed to yet. I'm a very social person but I'm not on any social networks. My mum is (wisely) a bit scared of sharing her data on the internet and also using the internet in general. I've taught her some of the basics so she can eg. receive photos from my by email but she doesn't want to use social networks because she doesn't trust them. I feel the same way. She has plenty of friends she could be keeping in contact with regularly too.

I've seen people wishing they had a Solid-like concept for years, asking for ownership of their data with fine-grained control over who/what gets access to it. And I think that those who haven't wished for this (eg. the general population) will see the benefits once they actually try to use it.

Whether Solid can pull this off is another question but I think this is an area that is driven by demand and it's only through ignorance that people aren't generally asking for this.

Re: Payments on the Solid Framework

#26

Okay I'll bite. I've worked in both retail and corporate banking for over a decade. I've been responsible for software that processes large payments and receipts daily. I've cloned a few cryptocurrencies for fun and have a pretty good understanding of them. I cannot understand anything on this entire site. Does anybody know what this is all about?

I haven't done all that but I fully understood.

That's the spirit.

Re: Payments on the Solid Framework

#27

Read about Solid yesterday and was super fascinated by the idea of Pods and since am solving a payment solution, I saw it would be a kickass solution for payments.Now solidPay is out but sadly it's confusing, how do I begin implementing it

You get some Bitcoin and send it to a URL, then it will be in your wallet, or so we hope.

Some parts are incomplete. This service isn't ready. From the Paywall page:

> Process

This is a work in progress

Re: Payments on the Solid Framework

#28

Okay I'll bite. I've worked in both retail and corporate banking for over a decade. I've been responsible for software that processes large payments and receipts daily. I've cloned a few cryptocurrencies for fun and have a pretty good understanding of them. I cannot understand anything on this entire site. Does anybody know what this is all about?

From what I gather, they're trying to make coinbase, but on top of ipfs.

Is this group associated with Coinbase? Did they get permission to use the name?

Re: Payments on the Solid Framework

#29
post #14

2nd solid post today and despite being familiar with the concepts I don’t understand any of the detail. Marketing spiel is fine but somewhere concrete details need to be provided without the BS. Very disappointing that Tim Berners-Lee would be associated with something so poorly expressed.

A better overview with some sample apps: https://www.w3.org/community/rww/wiki/SoLiD

The signup link is a 404, and most apps haven't had commits for years. Where is the current documentation?

Re: Payments on the Solid Framework

#30
post #12

The web 1.0 was a success because it was simple. I don’t understand anything about Solid.

You probably would if the Solid websites actually explained anything about how it works, rather than being filled with ridiculous marketing speak. I'm honestly really disappointed that TBL is obviously OK with this.
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