Nakapay - Proposal for payment method using client generated paycodes and federated paycode servers



Summary:

The sender is unsure if their previous email was received, as they sent it before subscribing. The content of the email pertains to a system that the sender has developed for requesting Bitcoin using only a six-character paycode. The system does not require users to sign up and can be accessed through the sender's API, which is documented on their website. The sender hopes to convince developers, merchants, exchanges, and payment processors to integrate their system into their own products. However, common objections include a lack of use cases and security concerns. The sender seeks to explore possible use cases and discuss security with the mailing list. The sender also addresses the chicken and egg problem facing their product - without users, there will be no developers, and vice versa. Finally, the sender mentions possible monetary incentives for development and thanks the mailing list for their time and efforts to improve Bitcoin.


Updated on: 2023-06-09T03:51:24.867762+00:00