Does your visa pay the merchants too? If banks/cards are are still charging merchants 2-3%, then some of that is passed on to us users as well (just not explicitly)
I don't enjoy the negatives. We'll move to better alternatives as they become available. Until then.. it's just like democracy or free markets.. no demonstrably superior alternatives yet
:-) Yeah. There's some baggage there, but I was still surprised nobody wanted this username.
Core devs may not agree with what some users do with the system (current specs/features).. but as the Ethereum miners showed with increase in block size, core devs' philosophical objections may not matter in the end
Perhaps it is too late for replicating existing use cases. However, the general idea of running EVM-like smart contracts secured by Bitcoin PoW (e.g. merge mined sidechains) is still quite attractive
> except for mining security
where did you see that? I don't think their security model has any connection with Bitcoin mining. They are not merged-mining with bitcoin
Bitcoin miners have no role here. Anyone can sign up to be a Stack-miner by bringing in their own BTC into this network. That amount (in BTC) is distributed to those who have staked their Stack-tokens. A pRNG process (based on VDF or VRF) selects one of these miners at random to create the next block
Does your visa pay the merchants too? If banks/cards are are still charging merchants 2-3%, then some of that is passed on to us users as well (just not explicitly)