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0 sats \ 4 replies \ @rebel_nomad 19 Oct 2024 \ on: Questions about Nov 5th: How does the new format work? AskSN
I'm sure that it can't be the plan that we'll have to pay like that for each and every comment!
That would kill SN off instantly, so I guess if there will be a charge for comments that will be possible in a seamless way, probably just keeping some "sats equivalent" in the wallet here?
I... don't think so. But I don't know.
If its 1 sat to post a reply... then where does that sat come from? My understanding is that full-custodial means SN itself has zero sats. So we have to send them, for every comment.
And then every post, for 100 sats, is the same way.
But why doesn't the QR code show up?
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As I understand it sats in the wallet on SN itself will simply be regarded as these "points", so if your wallet is all empty you'll simply fund it with a few hundred for comments and so on?
And if you earn you spend that as you go, withdrawing above a certain limit?
If every single 1 sat event goes through our own wallets then there will be fees with that, and if we get a fee spike activity would fall off a cliff...
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I don't see how there would be a fee spike? Because it's lightning. I don't think fees change much just because there is more 'usage'.
Furthermore... I don't think we can 'fund' wallets with sats anymore after Nov 5th. SN has to be completely non-custodial. They cannot 'hold our sats' for us the way I understand it.
Also my understanding is that our 'sat' balance will be and will always be effectively zero. SN cannot hold our sats for us... as that would be 'custodial'.
But then how do we deposit sats or get a QR code to spend sats... when we want to post?
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Actually I don't know, all I know is that I'll be all in on the ride!
So I wrote this: #730644
These next weeks are a great opportunity to learn for us all...!
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