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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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