Ben Sharafian & Stefan Thomas: Coil - A New Business Model for the Web

[xrpmommy]

 

[Hodor]

Quote

"what happens if we have one consistently-small packet size?" 

The team at Coil is so forward-thinking in their architecture. 

Thanks for posting @xrpmommy

Edited November 14, 2018 by Hodor

[Flintstone]

3 hours ago, Hodor said:

The team at Coil is so forward-thinking in their architecture.  

Pioneers of web payments! There is no wonder why they have a seat amongst these folk! https://www.w3.org/2018/10/22-wpwg-minutes

[XRPHornets]

3 hours ago, Flintstone said:

Pioneers of web payments! There is no wonder why they have a seat amongst these folk! https://www.w3.org/2018/10/22-wpwg-minutes

Surprised that Ripple don’t have representation on that board .

[Skippy]

So what if I put a million bots to watch my website?

edit: oh yeah, I might have to pay the coil subscription for each of them with different credit cards  probably not working

Edited November 14, 2018 by Skippy

[NightJanitor]

20 hours ago, Skippy said:

So what if I put a million bots to watch my website?

edit: oh yeah, I might have to pay the coil subscription for each of them with different credit cards  probably not working

They're going to have to defend against this, anyway, since the cryptospace is infested with people who can detect the slightest incentive misalignment to exploit - so, might as well say it:

Virtual CC's are virtually free.  Throwaway pre-paid CC's are available at corner stores, you can get a $5 one for like $7.  Add in the price of a domain (~$10) - and if an attacker can extract more value before they're blacklisted from Coil than they've spent on the domain (or even on a username, if using some big platform - so maybe even less cost!) - then, yes, this is a vector.

It's a vector, Victor.  Roger, Roger.  Over, Ober.

It's not as though nobody has had to face the problem before, but will they have to monitor for it?  Yup.  That technology exists.  It's not where I'd prefer them to be spending their time, but, you said it, it's gonna be the first thing that pops into some people's minds...  They're gonna tolerate a little bit of it, as they open up wider - but the hammer will be coming down, eventually, and it's gonna have a long, long memory...

Edited November 15, 2018 by NightJanitor
Comic Relief

[Scream]

They will revolutionize the world economy

Pay attention

[hallwaymonitor]

Streaming payments during online gaming alone will be life changing thing for many (and even wife changing for some). In below article has been demonstrated how to monetize Quake III tournaments. Modern online games are carefully designed to be as addictive and competitive as possible in order to maximize their revenue streams. This has been done successfully so far without real time payments (earn real money from each kill, for instance). What do you think will happen when money starts to flow seamlessly while you play online games?

https://medium.com/interledger-blog/ildeathmatch-monetize-your-quake-games-788b0a7c624c