AR is great, however not for payments. Waiting for ~4 minutes for paying royalty and then ~4 minutes for finalizing buy is horrible UX.
While AR payments is great start, Tradeable-Mintable-SmartWeave-NFT spec allows trading using any coin as long as we can verify transfers.
It means we can integrate payments with something fast like Bitcoin Lightning, Tezos, Atom, Solana, which will drastically increase performance, as buying NFT using foreign coins transfers + bundled smartweave will take not longer than 10 seconds or so.
angrymouse
commented
1 year ago
AR is great, however not for payments. Waiting for ~4 minutes for paying royalty and then ~4 minutes for finalizing buy is horrible UX. While AR payments is great start, Tradeable-Mintable-SmartWeave-NFT spec allows trading using any coin as long as we can verify transfers. It means we can integrate payments with something fast like Bitcoin Lightning, Tezos, Atom, Solana, which will drastically increase performance, as buying NFT using foreign coins transfers + bundled smartweave will take not longer than 10 seconds or so.