matdehaast

Wanted to add as I can't edit.

Thanks for sharing Interledger! My post may have come off aggressive but that was not my intention. It was to ensure people don't conflate blockchain with Interledger.

Matt

Just to clarify, Interledger is a minimal payments clearing protocol, not a blockchain project. It was developed to mimic many of the characteristics of the Internet Protocol stack in order to “internetwork” clearing participants. The effect of using this model is a highly scalable and simple global clearing network on which rapid innovation is possible. Especially for low-value payments that are currently difficult to serve using traditional payment rails

I am contributor to Interledger

Jest support from Facebook recently has been poor lately. One of the outside maintainers took weeks to find someone at FB to even help push a release.

Same here. My partner and I have always got something to watch. We use netflix on average 5 days a week and enjoy what we watch.

As an avid Redditor I love this!

The company I work for, Coil, is specifically looking to enable sites like this have an alternative revenue model that is not based on ads[1]. If you have any questions you can reach out to me matt[at]companyurl

I would also suggest you check out https://www.grantfortheweb.org/

[1] https://coil.com/creator

Thanks for bringing up these points as they are some of the biggest barriers to developing a modern payments system. The technical issues are complex but the legal and regulatory ones are even more complex.

Shameless plug, we are working on Interledger[1]. Which is designed to be an open-clearing system based on packetised payments. It works really well for low value, low-friction payments. Our initial use-case is targeting web monetisation which doesn't work on existing payment rails due to the costs.

Part of the work coming up this year will to be going after the retail payments space and I think the challenges you mentioned are definitely going to be the ones we are going to have to solve next.

1. www.interledger.org

What’s wrong with stored procedures?

The latter. The underlying settlement is separate concern to clearing. Crypto just makes settlement easier for low-zero trust environments or situations where you want to manage liquidity better.

Certain use cases are currently very difficult/too expensive on current payment rails (Card networks, ACH etc.). Whilst I am not bullish on using Crypto directly. I think a clearing layer that can be settled with crypto can create a very interesting space for real time value exchange. We are currently working in the space on Interledger.

oAuth generally won't give you JWT's. Its recommended it gives you an opaque token which you introspect. Whats nice is you delegate the Auth part to your AS. And then your resource servers (micro-services) can make the determinations based on the client_id/claims from introspection.

Curious if you looked at using oAuth with client credentials grant for each service?

Also didn't see any mention of prior art like https://cloud.google.com/beyondcorp/.

Thanks for the great writeup!

I keep seeing this statement but not sure what other sources to consume. What is a good alternative?

Agree with you 100%. We were working on things where having some basic KV storage was the easiest. To make life a little easier we put this behind a Map like interface. We can then plug the persistence layer behind it for various use cases.

https://github.com/matdehaast/kv-storage

Had the same thought. We have had it at our company for almost a year and I just thought it was a feature of Slack..

And then the lightning crowd would ask why did you not implement their wallet... Or say I want to do payments on the web using my creditcard,paypal. You need to have something built into the browser that allows transfer of value be agnostic to underlying ledger

May be worth checking out https://github.com/ory/hydra and related projects by ory

https://undraw.co/ https://www.humaaans.com/

Same on iPad

Hey JP,

This is something the company I work for is (coil.com) specifically trying to help solve through an open web monetization standard.

Currently you have two options for monetization through the web monetization standard. 1. Passive Mode: Add a payment pointer to your website and encourage readers to get a coil.com subscription. This means when they view your site you will get streamed micropayments. 2. 100 + 20 Mode: Where you provide some locked bonus content on your site that is only accessible to them if they are streaming you payments. You can read more about this concept here https://coil.com/p/coil/The-100-20-Rule-for-Premium-Content/...

If you have any questions you can send me a mail to matt at [companydomain.com]

That is tricky. What stops a developer creating a service worker that catches all the requests to the billing API and purposely fails them?

Have been a 2 person dev team for awhile. Run software on both AWS and GCP.

We almost always reach for AWS, and that comes down to one thing. SUPPORT!

AWS support has been quick at resolving our issues on numerous occasions. GCP, not so much.

Jiro is such a heartwarming story. The dedication to ones craft displayed is truly inspiring!

I am a documentary nut! Lots of amazing ones mentioned but one that I have to point out that has not been mentioned is "Winters on Fire". Really does a great job of documenting the lead up to Ukrainians finally having enough of Russia's puppet Prime Minster. Warning! Not for the faint of heart.

I am naive in this space, could some explain what is keeping the duopoly of Visa/MasterCard going?

We are a team (of athletes) aiming to create a better connection between athletes and their friends, family and fans. Why? We are frustrated that it's difficult to follow an athletes journey through current social media because it doesn't have context that an athlete competes in events, has results, trains etc. We are aiming to improve this with the Athsee App by allowing athletes to share their sporting journey with people who wish to follow them - friends, family or fans!

Athsee is in it's early days but we have a few features already available for you to try:

- Create posts about your upcoming events to let your followers know when you are competing next

- GPS Live tracking including live photo/video sharing to share your event live and in real time with your followers

- Engagement through following, liking and commenting

The aim is to be a space for all athletes of all sports - currently though the app is optimised for runners and cyclists

Our future plans are to have a space where you can post not only your upcoming events but your results too. The live function will grow to include live posting of an event so that athletes can post commentary along the way.

We are looking for athletes to start using the app and to help us make Athsee everything an athlete wants. We are encouraging feedback - questions, suggestions and anything else to help us make something that you want to use.

Our company uses various GPS trackers on a daily basis, the only thing that I can imagine pushes the cost that high is size. Smaller = Higher Cost. As the birds probably can only take so much extra weight

Haha yeah I was also a bit perplexed on this choice. But hey the team must be strong as getting past the YC partners is no easy task.

My first thought when seeing this was Peter Thiels lecture where he discussed restaurants and why they make bad choices for disruption. Would be really interested to see where/how they go from here.

Haha there are some things that are just so much better in Afrikaans!

Can anyone explain to me why having a predetermined higher price would be a trigger to make the company private? Surely the lower the better as you are essentially getting the same asset, “Tesla”, for the capital used to make it private.

Exactly!