pull down to refresh

1 sat ≠ 1 sat
1 sat ≠ 1 CC

depends on who we're talking about

In fact for you, to receive 1 sat, it cost 1sat +30% for somebody else to send you 1 sat.... but if I send you 1 CC it cost nothing more than 1 CC.

reply

That’s not what I meant, it’s got to do with the trust score. Like, my 1 sat zap doesn’t hit the same as yours, even if it’s the same amount! hahaha

reply

What's trust score got to do with it?

I zap you 100 sats you get 70 sats (minus routing fees in some cases), territory will get 21 sats, rewards will get 9 sats. (Edit: per @ek's comment below, this will cost the sender routing fees)
I zap you 100 CCs you get 70 CCs, territory will get 21 sats, rewards will get 9 sats. (no routing fees)

Wait for it...


Therefore CCs are the more cost-efficient money within SN, because there is one less layer of rent-seeking.

~lol

reply

Just a way to look at it. When you count trust score and daily rewards, a sat/cc from you ain’t worth the same as mine. Like, in ~AI land, yours hit harder because your trust score’s higher.

reply

Rewards aren't covering the last 30% though, it only covers 9% at most, plus whatever gets subsidized, plus whatever boosts happen that day.

reply

Yeah, you’re right. Just saying, sats from high-trust stackers hit harder, because they boost other people’s daily rewards. That’s the angle I’m coming from. Not saying you’re wrong or anything. I once came up with this: #786724 Ahahah

reply

now you are talking about trustcoin not sats

reply
100 sats \ 1 reply \ @k00b 22 Oct

The splits should be more obvious soon. 💅

reply

Looking awesome.

reply
100 sats \ 3 replies \ @ek 22 Oct

This is the correct answer except the receiver will always receive 70 sats if you zap 100 sats. 3% of the zap amount is reserved for the routing fee from SN to the receiver. If the fee ends up as less, more go into rewards (up to the max of 9%) iirc.

Maybe that's what you meant, but I just wanted to clarify.

reply

Thanks, adjusted.

reply
100 sats \ 0 replies \ @ek 22 Oct

no worries, this stuff can easily make someone's head spin

reply
If the fee ends up as less, more go into rewards (up to the max of 9%) iirc.

I still wrote it wrong haha.

reply

required daily reminder: we are here to pay for our shitposting

darth-SN-TOLD-YOU.jpg

reply