Introducing Buy Now, Pay Maybe - a new way to buy stuff onchain You either pay nothing... or overpay. Those who overpay cover everyone else 😏 Payments are handled transparently on @AbstractChain. Try it now (& get limited merch!) at
In Maybe Pay, instead of paying the base price of an item, you can pay its expected value. For example, if you'd like a 50% chance of getting something free, you can pay 2x the price. For an 80% chance, 5x the price, etc. Payments & randomness are handled fairly onchain 👇
The protocol is commit-reveal, and works as so: · Store owner commits to a sequence of numbers · For an order, rng is decided by: hash(committed, order number, address) · This way, neither the owner or the orderer know the rng beforehand
Although a simple concept, Maybe Pay is a great use of blockchains. Specifically due to: · Something like this requires payments with no chargebacks and near-instant finality · Transparency & fairness; buyers can be sure the store owner can't rig the odds
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