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Payments on the Solid Framework

docs.solidpay.org

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41–49 of 49 posts

Re: Payments on the Solid Framework

#41

Post by apo »

ryanjshaw wrote: post #3

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've studied Bitcoin for many years on a technical level. I've studied altcoin and ICO scams from the beginning. This site has all the hallmarks of a technology scam.

Case in point: nowhere does this site articulate a problem to be solved. This has become my litmus test for a technology scam. Instead we see marketing happy talk - lots of it.

Most ICO and altcoin scams make vague references to Bitcoin's limitations. This one makes vague references to Lightning Network's limitations:

Layer 2 such as lightning network has a deposit in order to participate and two transactions to build a channel, then can scale micro payments across a network efficiently.

Gobbledygook designed to bamboozle the technically illiterate.

Looks like another rung has been added to the evolutionary ladder of the Bitcoin, But Better scam. First altcoins, then ICOs, now not-Lightning.

Re: Payments on the Solid Framework

#42

Post by natural219 »

Renaud wrote: 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…

There's just a ton of better projects out there solving this problem with a much higher focus on architectural clarity, running code, competing seriously with major platforms, etc.

https://decentralizedweb.net/

Re: Payments on the Solid Framework

#44

Post by meej »

ryanjshaw wrote: post #3

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 think rather than advertising an actual payments system, this is an example prototype application built with the Solid stack, with the intention of promoting Solid development. https://github.com/solid/solid

Seems like something that might eventually show up in the Showcase section at https://solid.mit.edu/#showcase.

Re: Payments on the Solid Framework

#45

Post by pwaai »

apo wrote: post #41
ryanjshaw wrote: post #3

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've studied Bitcoin for many years on a technical level. I've studied altcoin and ICO scams from the beginning. This site has all the hallmarks of a technology scam. Case in point: nowhere does this site articulate a problem to be solved. This has become my litmus test for a technology scam. Instead we see marketing happy talk - lots of it. Most ICO and altcoin scams make vague references to Bitcoin's limitations. T…

helps to flag if you find shady submissions

Re: Payments on the Solid Framework

#46

Post by [deleted] »

apo wrote: post #41
ryanjshaw wrote: post #3

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've studied Bitcoin for many years on a technical level. I've studied altcoin and ICO scams from the beginning. This site has all the hallmarks of a technology scam. Case in point: nowhere does this site articulate a problem to be solved. This has become my litmus test for a technology scam. Instead we see marketing happy talk - lots of it. Most ICO and altcoin scams make vague references to Bitcoin's limitations. T…

[deleted]

Re: Payments on the Solid Framework

#47

Post by j45 »

Aeolun wrote: post #39
j45 wrote: post #38

Earlier quoted context omitted.

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.

I don't disagree that it could be easier to understand.

My point is presentation doesn't wipe out the initial or potential long term relevance of the tech, only accessibility and approachability to create beginners. Bitcoin comes to mind.

Maybe some experienced power users helping tell some more stories.

Re: Payments on the Solid Framework

#48

Post by arisAlexis »

hk__2 wrote: post #23
arisAlexis wrote: post #21

Earlier quoted context omitted.

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

You may want to explain it to us then.

what is it to explain? its all on the website. private silo with private data giving only what you need to the websites. Look up maidsafe and bra e browser they have somewhat same concepts.

Re: Payments on the Solid Framework

#49

Post by carapace »

natural219 wrote: post #42
Renaud wrote: 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…

There's just a ton of better projects out there solving this problem with a much higher focus on architectural clarity, running code, competing seriously with major platforms, etc. https://decentralizedweb.net/

"TALK: Solid: empowering people through choice"

Speakers: Tim Berners-Lee, Ruben Verborgh

https://decentralizedweb.net/videos/talk-solid-empowering-pe...

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