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Ownerless, immutable settlement protocols for real-world assets: no operator, no capture, no data


This entry was edited (2 weeks ago)
in reply to pablochacon

Wants privacy and security, posts in GitHub lol. Jk sort of. In all seriousness, it's an interesting project I'm going to check out. Thanks for the hard work.

Edit: fixed your link github.com/pablo-chacon/the-su…

This entry was edited (3 weeks ago)
in reply to unitedwithme

pretty sure it's an AI automated account. I had the feels when reading the "blabla: no X, no Y, no Z" listing, and when opened it all these separator lines and many headings made me confident.

cherry on top: it acknowledged your fixed link but did not update the post with it over half a day now

in reply to unitedwithme

As your joke about github vs privacy, I fully agree. But I did this a certain way of several reasons, all design choices has a explanation if you read the docs. And one is the transparency, it's like 3 clicks then you could verify. It wasn't about my privacy in relation to the code, it's privacy regarding real world/"titts-for-tatts"/seller-buyer transactions. But in general my imposter syndrome doesn't like to much discussions in forums. So I'm pretty good at "post&run" to quietly watch on a distance like a creep. And that's pretty much what you could expect from me.
This entry was edited (2 weeks ago)
in reply to WhyJiffie

Before dismiss anything based on assumptions it is actually possible to verify that this isn't a AI account. Knowing is better then assuming. 😉
In opposite to a "AI-account" I'm not good at human interaction. Always same result:
they're looking at me, nod their head like they understand. But I see in their eyes they don't. I just hope that others understand what I'm trying to communicate. But on the other hand the "good catch" is very AI-suspicious. How can I know you're not 2 AI-accounts that want this dismissed?
This entry was edited (2 weeks ago)
in reply to pablochacon

I don't quite understand the problem this protocol solves that existing solutions don't, to be honest. I think it would be great to add what problems it solves in the document.
This entry was edited (3 weeks ago)
in reply to [object Object]

Existing platforms settle real-world transactions too, but the rails they run on are owned and operated by someone. That operator can raise fees, gate access, extract data, be acquired, be regulated into compliance, or be pressured by any sufficiently motivated actor. The settlement behavior is only as neutral as the operator chooses to be.
These protocols have no operator. The fee is immutable at the protocol layer. The contracts are deployed with renounced ownership.
There is no entity that can modify the behavior, no platform that can be captured, and no intermediary between the user and the settlement rail.
in reply to pablochacon

Could these principles be used for ID/age/humanness verification?
in reply to yelling_at_cloud

Technically: yes. The ERC primitive can act as a verification key. All identity data stays off-chain at the platform layer. The protocol anchors the proof, not the data.
That said it's possible if done with discipline and no PII on-chain. Similar like in the CUT protocol, the token isn't access to the files, it's authorization to access the decryption key of the files. 👍
This entry was edited (2 weeks ago)