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Cypherpunk Times

Built-in Payment System - Bison Relay

13 Jan 2023

Description

As said previously, Bison Relay has a built-in payment system that allows for peer to peer payments and transmission payments (gas fees). It may seem unusual that a sovereign internet / social media platform would charge usage fees to participate and interact, but this acts as both a privacy and a bad actor prevention mechanism.   Fee and transaction types:  Tip - This is when you receive a tip from someone paytip - is the amount you’ve tipped someone posts - total fees paid to list a user's news feed posts Payfees - total fees paid for payload data gc - total fees paid for messages sent to them in a group chat sub - total fees paid for subscriptions getinvoicereply - total fees paid for replying to requests for payment invoices gettipinvoice - total fees paid to request an invoice for the purposes of tipping the user pm - total fees paid for private messages with them (direct messages between you and them) kx - total fees paid for key exchanges ftpaychunk - total fees paid to retrieve file chunks ftlist - total fees paid to get the list of available files mediateid - total fees paid to mediate keys between your network ftget - total fees paid for initiating file downloads kxsearch - total fees paid to search for active key exchanges ftlistreply - total fees paid to provide the user with your list of available files sendTransitive - total fees paid to repost messages (akin to retweeting)    More at - https://www.decredmagazine.com/built-in-payment-system-bison-relay/ Decred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”.  Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.   Find out more about Decred: https://decred.org  Join the Decred community! https://decred.org/community

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