Cypherpunk Times

Built-in Payment System - Bison Relay

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As said previously, Bison Relay has a built-in payment system that allows for peer to peer payments and transmission payments (gas fees). It may seem unusual that a sovereign internet / social media platform would charge usage fees to participate and interact, but this acts as both a privacy and a bad actor prevention mechanism.  

Fee and transaction types: 

  • Tip - This is when you receive a tip from someone
  • paytip - is the amount you’ve tipped someone
  • posts - total fees paid to list a user's news feed posts
  • Payfees - total fees paid for payload data
  • gc - total fees paid for messages sent to them in a group chat
  • sub - total fees paid for subscriptions
  • getinvoicereply - total fees paid for replying to requests for payment invoices
  • gettipinvoice - total fees paid to request an invoice for the purposes of tipping the user
  • pm - total fees paid for private messages with them (direct messages between you and them)
  • kx - total fees paid for key exchanges
  • ftpaychunk - total fees paid to retrieve file chunks
  • ftlist - total fees paid to get the list of available files
  • mediateid - total fees paid to mediate keys between your network
  • ftget - total fees paid for initiating file downloads
  • kxsearch - total fees paid to search for active key exchanges
  • ftlistreply - total fees paid to provide the user with your list of available files
  • sendTransitive - total fees paid to repost messages (akin to retweeting)   

    • More at - https://www.decredmagazine.com/built-in-payment-system-bison-relay/

    Decred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”. 

    Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.  

    Find out more about Decred: https://decred.org 

    Join the Decred community! https://decred.org/community

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    Cypherpunk TimesBy Cypherpunk Times