Comment by 0xOsprey
6 months ago
We're building a purpose built self-custodial payment rail using zero knowledge cryptography that could be leveraged for this use case: https://x.com/0x_Osprey/status/1925299005191577921 https://paygo.wtf/
Current benchmarks for proving costs are 33k txns per dollar and we expect this to go down x10-x100 over the coming months/years.
Blockchain => trash
A system that can be trusted needs to work in the real world, with credit card payments, bank accounts, VAT.
I use a blockchain wallet that lets me instantly switch between "USD in a Bank Account" to "self-custodial USDC on a blockchain" and so can you: https://apps.apple.com/us/app/fuse-solana-smart-wallet/id647...
I can also move the funds into a connected debit card so I can spend it in the real world.
This wallet is powered by Bridge.xyz which was acquired for $1B+ by Stripe in Fall 2024 - would encourage you to try the new stuff!