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Payments on the Solid Framework

docs.solidpay.org

31–40 of 49 posts

Re: Payments on the Solid Framework

#31

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

Tim Berners-Lee has been talking about the Semantic Web[0], which is what this grew out of, since 1998. If you can see RDF's use in Solid, it's not like he's just getting on the hype train just now.

[0] - https://www.w3.org/DesignIssues/Semantic.html

Re: Payments on the Solid Framework

#32

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?

Seriously? If you clicked the link on Solid and webcredits, you can get the general gist of it. Ideally they should have everything on one page, but it took less than a minute for me to get the gist of what it's all about.

Re: Payments on the Solid Framework

#33

Earlier quoted context omitted.

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?

The term “coinbase” was in widespread use before the startup by that name. They’re not going to be able to retroactively trademark it any more than Square can prevent others from making square-shaped electronics.

Re: Payments on the Solid Framework

#34
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…

Literally everyone that has interacted with the financial sector has complained about the financial sector at some point.

Person-to-person settlement is a stepping stone on the way to a better financial/banking system.

Re: Payments on the Solid Framework

#35

Earlier quoted context omitted.

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?

The first time I saw the word coinbase was in an explanation of the bitcoin source code and how bitcoin works. I do believe it precedes Coinbase.

Re: Payments on the Solid Framework

#36
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…

This example doesn't include people who never took cabs but started using Uber because it was easier. Need isn't the only thing that drives disruption or innovation.

Re: Payments on the Solid Framework

#37

Earlier quoted context omitted.

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…

Literally everyone that has interacted with the financial sector has complained about the financial sector at some point. Person-to-person settlement is a stepping stone on the way to a better financial/banking system.

We already have person-to-person payment apps that work instantly and feeless though, at least in my country we do. They were made by banks.

Re: Payments on the Solid Framework

#38
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.

In the case of SOLID, I'd probably cut the guy who started the web some more slack than a cursory glance at the work and determine if I can't immediately understand it - there can't be any understanding or value in it.

Some things that take years to design and put together, might take a while for all of us to catch up to.

I hope examples continue to come out, but more importantly, those who develop can spend some time to hack with it. Maybe some brains are seeing this that are primarily wired to work and understand through a lens of front end, or back-end development, where but Tim Berner-Lees like lots of other devs here is used to end-to-end.

It seemed pretty simple to me, and pretty simple to follow along with. If we're looking for something shiny, the web wasn't shiny on day 1.

Re: Payments on the Solid Framework

#39
post #38
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.

In the case of SOLID, I'd probably cut the guy who started the web some more slack than a cursory glance at the work and determine if I can't immediately understand it - there can't be any understanding or value in it. Some things that take years to design and put together, might take a while for all of us to catch up to. I hope examples continue to come out, but more importantly, those who develop can spend some tim…

Every single user story on that website uses concepts that make absolutely no sense to me. And I’m a power user.

If you can’t make it understandable to me. I just don’t believe that you’ll ever get anyone to use it.

Re: Payments on the Solid Framework

#40

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?

Does anybody know what this is all about?

After about 1 minute of perusing, I am going to guess: Micropayments.

http://scottmccloud.com/3-home/essays/2003-09-micros/micros....

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