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Keet – P2P Video and Text

keet.io

61–67 of 67 posts

Re: Keet – P2P Video and Text

#61

In my experience your P2P experience is only as good as the connections the slowest/unreliable peer node. It works well in spurts but wen you start adding more participants the performance degrades and becomes unstable. its not really a solvable problem with just clever networking but something that AI needs to take over in terms of upping and filling in the gaps from the network limitations (resolution upping, deepf…

Federated servers would seem to be an eschewed middle ground in your analysis.

Re: Keet – P2P Video and Text

#62

More background info: https://en.cryptonomist.ch/2022/07/25/tether-bitfinex-hyperc... https://www.bitdegree.org/crypto/news/bitfinex-hypercore-tet... I think the use of P2P like DHT is very smart, but like others I am wary due to the source. As best I can tell: Hypercore = company without a website? I can't find one. Holepunch = platform made by Hypercore - again no website? Funded by Tether and Bitfinex Keet = First…

https://holepunch.to/

Re: Keet – P2P Video and Text

#63

Earlier quoted context omitted.

When I chat to my friends and family the last thing I want to do is "transfer value". My bank app allows me to send money to my friends and family in seconds and to create quick payment requests as well. Perhaps this app is just for blockchain people? If it's another Internet of Coins app then that explains the vague website and the lack of things like privacy policies. I do find it funny that they've added rules abo…

> When I chat to my friends and family the last thing I want to do is "transfer value". Congratulations on your family being financially stable!

Funny that you would assume that.

I use dedicated banking apps to "transfer value" because they're easy to use, secure, developed by a party I trust, and have legal protection from by law.

I get it, shittier countries don't have easy (or any) access to good banks. I still maintain that these value transfers should be done through their separate, secured and verified apps, no matter the transaction mechanism. Send money in the form of NFTs if that's what you want, but do so through an app that's built to do so securely, not some random NodeJS chat app.

Hell, because of the peer to peer nature of this thing, people's contacts can easily be tracked by the government. Good luck convincing the tax auditor that you didn't in fact send your parents a bunch of money when they have the connection logs to show it, enjoy paying unscrupulous taxes to your oppressive government. I'll take my alternative payment system offline or through a trusted third party server, thank you very much.

Re: Keet – P2P Video and Text

#64

Earlier quoted context omitted.

How is an open, permissionless financial network that uses a fraction of a % of the world's energy a scam that will destroy life on Earth? Uninformed, hyperbolic statements about Bitcoin is a sign you're incapable of basic understanding of anything.

To be explicit, one problem with Bitcoin's energy use is that it has the potential to consume any excess energy-producing capacity that we free up by making technology more energy efficient. It could use any fossil fuel-powered energy production that otherwise might be obsoleted by green energy sources. Bitcoin and other PoW blockchains add a strong financial incentive to use all available energy production capacity…

Completely untrue. The amount of money miners spend on bitcoin mining per unit time will never be higher than the value of bitcoin block rewards per unit time.

The block reward gets cut in half every couple years. Right now it’s $18M/day, and at its peak it was $60 million per day. Assuming the price of btc doesn’t shoot back up, that puts an upper limit on the amount of money spent by miners on electricity at $60M/day. To put that number in perspective, the US alone spends $3B/day on energy.

And as a typical cryptocurrency advocate, I always find it amusing when HN programmers, probably in the richest 1% of the world globally, talk about how the line going up even more just isn’t really that important. It already went up for you, maybe we should ask people in brazil or in the philippines or in subsaharan africa if they want their line to go up.

Re: Keet – P2P Video and Text

#65
post #44
post #5

Earlier quoted context omitted.

The bitcoin support is a huge red flag for me. I really hope they scrap that.

I can understand if someone doesn't agree with the values and effects of Bitcoin but how on earth can this be a HUGE red flag?

Any mention of bitcoins typically means a full-on commitment to cryptocurrencies.

And I don't think I was wrong, because found out only later that this is funded by Tether and Bitfinex. The actual purpose of this project seems to be to pump the value of the owner's cryptocurrencies. So a hard pass from me.

Re: Keet – P2P Video and Text

#66
post #44

Earlier quoted context omitted.

I can understand if someone doesn't agree with the values and effects of Bitcoin but how on earth can this be a HUGE red flag?

Any mention of bitcoins typically means a full-on commitment to cryptocurrencies. And I don't think I was wrong, because found out only later that this is funded by Tether and Bitfinex. The actual purpose of this project seems to be to pump the value of the owner's cryptocurrencies. So a hard pass from me.

I do not understand your view point. This does not make "Keet" bad software. It is actually a good idea regarding decentralization. So why the red flag? How does this "pump" the value of crypto? A pump always refers to a manipulation of the market. If people use it, and it is the next "killer app" the value of crypto would indeed rise but for valid reasons.

Don't get me wrong. I am nutural towards bitfinex. Haven't had to deal with them until now. I would wait how the project develops and then maybe give it a chance.

Re: Keet – P2P Video and Text

#67
post #66

Earlier quoted context omitted.

Any mention of bitcoins typically means a full-on commitment to cryptocurrencies. And I don't think I was wrong, because found out only later that this is funded by Tether and Bitfinex. The actual purpose of this project seems to be to pump the value of the owner's cryptocurrencies. So a hard pass from me.

I do not understand your view point. This does not make "Keet" bad software. It is actually a good idea regarding decentralization. So why the red flag? How does this "pump" the value of crypto? A pump always refers to a manipulation of the market. If people use it, and it is the next "killer app" the value of crypto would indeed rise but for valid reasons. Don't get me wrong. I am nutural towards bitfinex. Haven't h…

> It is actually a good idea regarding decentralization.

I absolutely agree: hypercore, their DHT and holepunching work is excellent.

My frustration stems from the fact that nothing in the innovative part of Keet needs cryptocurrencies. Now "pump" was the wrong term there. I meant cryptocurrency businesses are trying desperately to find any semi legitimate use cases for their tech becauae if they do, that'll cause the value of the coins they own to go up, and thus making them richer. Without that awkwardly bolted on Bitcoin nonsense in Keet neither of the funding companies would have given them a dime.

The red flag is because the good of keet does not negate the bad of promoting cryptocurrencies. Cryptocurrencies are a technological dead end, politically totally against everything I stand for, and morally bankrupt wrt the ecological disaster that is PoW and the pyramid scheme with the already powerful and or wealthy reaping even more for themselves.

I'm also not alone here, see e.g. https://concerned.tech

Furthermore Keet developers' decision to accept that money makes me doubt their judgement, and question where their startup will end up.

For those reasons, I won't use nor recommend keet to anyone.

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