Here is the biggest problem with cryptos - page 4.

HeRetiK

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Quote from: spy100 on July 29, 2020, 04:11:26 AM

If you want to sell digital goods or if you need a notification on your shop that client made payment you have to use a third party or a node or a smart contract

Use a proper wallet.

Quote from: spy100 on July 29, 2020, 04:11:26 AM

Not one crypto solved the problem of allowing merchants to sell their own digital goods easy

There's cryptocurrency plugins for pretty much all relevant online shop solutions.

Quote from: spy100 on July 29, 2020, 04:11:26 AM

To deploy a smart contract costs money each time you need to update it and you have to create a dapp for it

Why would you need a smart contract for offering centralized services?

Quote from: spy100 on July 29, 2020, 04:11:26 AM

To host a node costs money ( hosting fees )

Use a SPV wallet.

Quote from: spy100 on July 29, 2020, 04:11:26 AM

To use a third party costs money ( fees )

Don't use a third party.

Quote from: spy100 on July 29, 2020, 04:11:26 AM

What's the point of a crypto if i can't use it as a merchant easy and without extra fees ? I could just use paypal or credit card processing ...

That sounds like you've never used PayPal or credit card payments for business.

Quote from: spy100 on July 29, 2020, 04:11:26 AM

We must solve this problem

What problem.

Quote from: spy100 on July 29, 2020, 04:11:26 AM

The merchant should easy copy/paste a code and put it in his html .

There you go:

Code:

Pay here

stompix

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Quote from: spy100 on July 29, 2020, 04:11:26 AM

Here is the biggest problem with cryptos that no one is focusing on

Yeah right! The biggest problem.

Quote from: spy100 on July 29, 2020, 04:11:26 AM

If you want to sell digital goods or if you need a notification on your shop that client made payment you have to use a third party or a node or a smart contract

Actually almost all clients and payment scripts offer this by default.

Quote from: spy100 on July 29, 2020, 04:11:26 AM

Not one crypto solved the problem of allowing merchants to sell their own digital goods easy

Crypto is money, the coin itself doesn't have to offer anything, it's the additional software that gives these features.
Digital money is not allowing you to pay online, it's VISA and other payment gateways that do this.

Quote from: spy100 on July 29, 2020, 04:11:26 AM

To host a node costs money ( hosting fees )
To use a third party costs money ( fees )

You can host your own node and you don't have to use a thrid party.

Quote from: spy100 on July 29, 2020, 04:11:26 AM

We must solve this problem
The merchant should easy copy/paste a code and put it in his html .

"html", huh? I'm begging to understand why you're having that much trouble finding work

Metazen

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Quote from: spy100 on July 29, 2020, 04:11:26 AM

Here is the biggest problem with cryptos that no one is focusing on

If you want to sell digital goods or if you need a notification on your shop that client made payment you have to use a third party or a node or a smart contract

Not one crypto solved the problem of allowing merchants to sell their own digital goods easy

To deploy a smart contract costs money each time you need to update it and you have to create a dapp for it

To host a node costs money ( hosting fees )

To use a third party costs money ( fees )

What's the point of a crypto if i can't use it as a merchant easy and without extra fees ? I could just use paypal or credit card processing ...

We must solve this problem

The merchant should easy copy/paste a code and put it in his html .

This is the perfect question. For example, For example, I am thinking of selling products with crypto.. But there is still no fluent way. This is a big problem. Using 3rd party programs causes huge fees.

boyptc

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Biggest problem?

That's not the biggest problem that everyone can think of. The biggest problem to me is the banning of bitcoin by each country. If a crypto friendly starts to ban bitcoin, do you think that's not the biggest problem?

To me, that is.

bitmover

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Quote from: spy100 on July 29, 2020, 04:11:26 AM

Here is the biggest problem with cryptos that no one is focusing on

If you want to sell digital goods or if you need a notification on your shop that client made payment you have to use a third party or a node or a smart contract

This is not true. You can search for free any block explorer to see if the payment happened.

And many wallets notifies the user when he receives credits.

Electrum (from electrum.org) shows a popup in the desktop when I receive a new transaction. I can almost guarantee that it does the same in mobile version

Quote

https://electrum.readthedocs.io/en/latest/faq.html
The client subscribes to its own addresses (nit: sha256 hashes of scriptPubKeys) so that it would be notified of new transactions touching them. It also synchronizes the existing history of its addresses. This means the client sacrifices some privacy to the server, as the server can now reasonably guess that all these addresses belong to the same entity.

Your "biggest" crypto problem is a just a bad software you are using.

CaVO32

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Quote from: btcltcdigger on July 29, 2020, 05:16:26 AM

You think paypal and credit card processing is free?
Those 2 also come with a cost. AFAIk each of those takes a % of the transaction for themselves.

For example ebay. If you buy something for $1, 33 cents goes to paypal. On top of that, ebay will also charge you a fee.

Exactly! Their services are not free. But I am guessing if you are dealing with crypto, the fees will be lower as compared to these whales. Though sometimes the btc tx fees goes high when the network is crowded. However, it is the merchant's liberty whether to integrate crypto in their system or not. Who knows, because of this pandemic a lot of customers are looking for alternative options not to pay in fiat and crypto is one good option? And it will be merchant's loss if their customer is asking for crypto payment.

Ucy

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Exactly!
But I don't think it's a problem that can't be solved.
Merchants should be able to run full nodes on their phones too. Full nodes must not be too big and hard to run. Full nodes enable people to fully or properly benefit from well decentralized crypto.
Imagine running a full node that will consume a maximum of 1g on your phone or computer.

btcltcdigger

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To boldly go where no rabbit has gone before...

You think paypal and credit card processing is free?
Those 2 also come with a cost. AFAIk each of those takes a % of the transaction for themselves.

For example ebay. If you buy something for $1, 33 cents goes to paypal. On top of that, ebay will also charge you a fee.

spy100

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Here is the biggest problem with cryptos that no one is focusing on

If you want to sell digital goods or if you need a notification on your shop that client made payment you have to use a third party or a node or a smart contract

Not one crypto solved the problem of allowing merchants to sell their own digital goods easy

To deploy a smart contract costs money each time you need to update it and you have to create a dapp for it

To host a node costs money ( hosting fees )

To use a third party costs money ( fees )

What's the point of a crypto if i can't use it as a merchant easy and without extra fees ? I could just use paypal or credit card processing ...

We must solve this problem

The merchant should easy copy/paste a code and put it in his html .

--------------------------------------

Instead of crypto currencies stay as digital currencies you morons turned bitcoin / eth and other cryptos in to financial instruments . That's the problem !

Well good luck explaining to avg Joe how to sell his cows with bitcoin.

You deviated from the original plan :

"What is needed is an electronic payment system based on cryptographic proof instead of trust,allowing any two willing parties to transact directly with each other without the need for a trusted third party. " -- A smart guy that wrote a whitepaper

Topic: Here is the biggest problem with cryptos - page 4. (Read 634 times)