ZmnSCPxj [ARCHIVE] on Nostr: ð
Original date posted:2022-05-03 ð Original message:Good morning Chris, > ...
ð
Original date posted:2022-05-03
ð Original message:Good morning Chris,
> Hello ZmnSCPxj,
>
> Renting out fidelity bonds is an interesting idea. It might happen in
> the situation where a hodler wants to generate yield but doesn't want
> the hassle of running a full node and yield generator. A big downside of
> it is that the yield generator income is random while the rent paid is a
> fixed cost, so there's a chance that the income won't cover the rent.
The fact that *renting* is at all possible suggests to me that the following situation *could* arise:
* A market of lessors arises.
* A surveillor creates multiple identities.
* Each fake identity rents separately from multiple lessors.
* Surveillor gets privacy data by paying out rent money to the lessor market.
In defiads, I and Tamas pretty much concluded that rental would happen inevitably.
One could say that defiads was a kind of fidelity bond system.
Our solution for defiads was to prioritize propagating advertisements (roughly equivalent to the certificates in your system, I think) with larger bonded values * min(bonded_time, 1 year).
However, do note that we did not intend defiads to be used for privacy-sensitive applications like JoinMarket/Teleport.
Regards,
ZmnSCPxj
Published at
2023-06-07 23:08:46Event JSON
{
"id": "4f7b82a2d3d77a7d90aa6b2678529076bb9dbbdf80d3bc6287f9b5f76ffb9975",
"pubkey": "4505072744a9d3e490af9262bfe38e6ee5338a77177b565b6b37730b63a7b861",
"created_at": 1686179326,
"kind": 1,
"tags": [
[
"e",
"ed87b4a661b1ec563ef35bba3e76c69fedd4dee29f9239e792212ae30f6447d4",
"",
"root"
],
[
"e",
"3079960d293e3633ef143b9f64f2001a30872341c639c39aedb9dba10f39cc83",
"",
"reply"
],
[
"p",
"cd99305dce8f7a8772455d28d44a8451787c19b2ffd2c8b1010acecc3c5f95c7"
]
],
"content": "ð
Original date posted:2022-05-03\nð Original message:Good morning Chris,\n\n\u003e Hello ZmnSCPxj,\n\u003e\n\u003e Renting out fidelity bonds is an interesting idea. It might happen in\n\u003e the situation where a hodler wants to generate yield but doesn't want\n\u003e the hassle of running a full node and yield generator. A big downside of\n\u003e it is that the yield generator income is random while the rent paid is a\n\u003e fixed cost, so there's a chance that the income won't cover the rent.\n\nThe fact that *renting* is at all possible suggests to me that the following situation *could* arise:\n\n* A market of lessors arises.\n* A surveillor creates multiple identities.\n* Each fake identity rents separately from multiple lessors.\n* Surveillor gets privacy data by paying out rent money to the lessor market.\n\nIn defiads, I and Tamas pretty much concluded that rental would happen inevitably.\nOne could say that defiads was a kind of fidelity bond system.\nOur solution for defiads was to prioritize propagating advertisements (roughly equivalent to the certificates in your system, I think) with larger bonded values * min(bonded_time, 1 year).\nHowever, do note that we did not intend defiads to be used for privacy-sensitive applications like JoinMarket/Teleport.\n\n\nRegards,\nZmnSCPxj",
"sig": "6e1b51faad0c9f8890b7c4f9f9270927d73cea06f29bb2752a1cd8480f65b2714914351ffab583f9b9cc081ae7d9a8331a482b8fb913c8d44dc2cf1f4f255828"
}