Random payment

The problem:
Skycoin/Privateness network at every transaction takes 10% fee of all Coin-Hours on input address. This makes small transactions impossible.

The solution:
Make a random payment every hour.
The user will pay for a whole month in 1/720 probability in every hour (month has 720 hours).
The user is valid if he has > 720 Coin-Hours on his account (user-address).

Emercoin has a similar technology https://emercoin.com/en/news/randpay




Ideologist & Main Developer at PrivateNess

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Platform Vision

Which Crypto-Exchanges Survived the Bear Market?

How to earn $DealWithIt on Polygon

CrafyFi’s vision is to be at the top of NFT Gaming in Europe and Southeast Asia.

Double checking the accuracy of your crypto taxes

Bitmain and Zcash: how new miners will influence cryptocurrency

What you didn’t know about the NFT marketplace called OpenSea

Trophy — All in One Dapps

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Aleksej Sokolov

Aleksej Sokolov

Ideologist & Main Developer at PrivateNess

More from Medium

Heroes of Mavia — Analysis

An MVM update: We’ve simplified the MVM application process

Tech Components of Metaverse

Deep dive into AlphaBatem’s products