Cofresí
Member
When talking about the goodness of instantX, one argument that often comes to the fore is that they are useful primarily for larger transactions/purchases of items/services of higher value. While this is certainly true, I would like to highlight the importance instantX could have on the opposite side of the value spectrum which ultimately might be more beneficial for sustainable growth and adoption of Darkcoin in the Internet or on mobile platforms.
While it might be a bit premature to think about any specific applications of instantX, as the design in all its ramifications has not yet settled, and the consequences for the future DRK transaction system are not yet clear in its entirety, I really think that the potential of any working reliable solution cannot be overestimated and some speculation about the possible cool shit and the killer apps that the internet has impatiently been waiting for since its infancy is warranted to keep us all excited and dripping wet
With Darkcoin Instant Transactions we have for the first time a reliable method to really reap the promise of a real push mechanism for transactions, micropayments and even secure, spam free communications.
To really grasp the breadth of applications that could be built on top of this technology, I think of it as a trigger mechanism that can initiate any kind of digital interaction. The more the digital interaction is time sensitive (requires a response during a very short time window) the more it would benefit from instantX.
Let me give you an example. For some people it might already seem like from a long gone age now, but for decades mobile operators and third party mobile application service providers have used SMS (another pure push technology) to monetize info and communication services, games or lotteries like weather/street condition info, contests, chat/dating/match making services. Essentially they were and are still making money charging per SMS whatever price they think, according to their vast experience observing the transactions, would make them squeeze most money out of the users.
Now with DRK instantX you could implement the exact same thing with the fundamental difference that the charge per pull request is determined neither by a mobile operator nor a third party application service provider but by the actual source of the information/service. By cutting out the middlemen and eliminating the service provider cartels, instantX would not only evaporate the hot air in commissions for the big guys and bring price down to the real market value of what is on offer, they also would open up the market for essentially everybody with some interesting unique source info/service to offer who is able to integrate instantX micropayments and advertise them accordingly.
Some more internet-focused applications I can think off the top of my head:
While it might be a bit premature to think about any specific applications of instantX, as the design in all its ramifications has not yet settled, and the consequences for the future DRK transaction system are not yet clear in its entirety, I really think that the potential of any working reliable solution cannot be overestimated and some speculation about the possible cool shit and the killer apps that the internet has impatiently been waiting for since its infancy is warranted to keep us all excited and dripping wet
With Darkcoin Instant Transactions we have for the first time a reliable method to really reap the promise of a real push mechanism for transactions, micropayments and even secure, spam free communications.
To really grasp the breadth of applications that could be built on top of this technology, I think of it as a trigger mechanism that can initiate any kind of digital interaction. The more the digital interaction is time sensitive (requires a response during a very short time window) the more it would benefit from instantX.
Let me give you an example. For some people it might already seem like from a long gone age now, but for decades mobile operators and third party mobile application service providers have used SMS (another pure push technology) to monetize info and communication services, games or lotteries like weather/street condition info, contests, chat/dating/match making services. Essentially they were and are still making money charging per SMS whatever price they think, according to their vast experience observing the transactions, would make them squeeze most money out of the users.
Now with DRK instantX you could implement the exact same thing with the fundamental difference that the charge per pull request is determined neither by a mobile operator nor a third party application service provider but by the actual source of the information/service. By cutting out the middlemen and eliminating the service provider cartels, instantX would not only evaporate the hot air in commissions for the big guys and bring price down to the real market value of what is on offer, they also would open up the market for essentially everybody with some interesting unique source info/service to offer who is able to integrate instantX micropayments and advertise them accordingly.
Some more internet-focused applications I can think off the top of my head:
- immediate and real anonymous site access without having to confirm email, credit card etc. Send a few drk or a few duffs, get a temporary or permanent code back and enter the site. That way those fuxxing captchas can also be kissed goodbye.
- immediate transactions facilitate in-game spontaneous payment decisions which should benefit online casinos/games/bets/lotteries
- private quests - e.g. interested parties pay an ante into a pot (multisig address) to play/solve a game/riddle/question and the winner takes it all
- content on demand - pay as you go online journalism made easy (get the news article you want to read now while the coffee is hot and without searching your flat for the credit card you left in your wallet in the car)
- empowering live web cam workers (cutting out the payment processor/site operator and making them self employed, independent entrepreneurs)
- live tipping (for specials in live chat/cam sessions etc.)
- virtual currency for online games where transactions can be part of game relevant interactions
- get rid of comment spam. Pay a duff for posting a comment.
- Advertisment free Search Engines. (Pay some duffs to Sergey and Larry per search for stopping them to track you and feed you with their advertisements - not really my favorite though )
- Advertisement/tracking free sites etc.
- App Stores based on drk. (Buy and unlock software for your smart phone. Yeah, Evan, I’m still waiting for that Darkphone )
