Content
@
0 reply
0 recast
0 reaction
Connor McCormick ☀️
@nor
Help me be wrong about Index Wallets .22 ETH Everything you should need to know can be found here: preprint.indexwallets.org This bounty has various sub-bounties, when the money is used up it's gone. See next cast for sub-bounties @bountybot
7 replies
0 recast
9 reactions
Crypto Down Under
@cdu
Hey @nor, my understanding of Index Wallets highlights the following: - 'value' appears to be a preference not price, what if my preference is 0% that token? Then the mechanism will charge you an infinite quantity of said token and the payment will still fail - ...
2 replies
0 recast
1 reaction
Crypto Down Under
@cdu
- Price is determined by last successful transaction, which is dynamic and can occur outside of the exchanging for goods or services in your examples, such as direct trades of say USDC-EXAMPL - ...
2 replies
0 recast
1 reaction
Crypto Down Under
@cdu
- which poses the same issue that prevents wider adoption of Bitcoin that vendors don’t want to accept something whose price they can’t rely on - …
2 replies
0 recast
1 reaction
Crypto Down Under
@cdu
- An index wallet sounds like you pay with a proportionate representation of your wallets’ portfolio, which aside from encouraging use of public goods tokens,
1 reply
0 recast
1 reaction
Crypto Down Under
@cdu
I can’t see why users would be motivated to prefer this apart from maintaining your wallet portfolio percentages and not having to choose a specific currency which could be maintained by other novel mechanisms - …
2 replies
0 recast
1 reaction
