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Crypto bros have discovered idle games, and the results are incredibly boring
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this post was submitted on 22 Sep 2024
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It's just used as a means of payment for very small amounts, even less than a single cent if you calculate in dollars.
Sure you can; I certainly can't, lacking the equipment, and the investment would be much higher than any return on it.
Nano, as I said, has no fees, and there's no miners, it's quite ecologically friendly. It does have other challenges (for example only being pseudonymous and fully traceable, plus fighting spam is an ongoing battle, no standard way of association a payment with an invoice). But I always liked its premise and it does make sense for such cases for me.
The beauty with how they implemented is that there's no explicit about apart from a wallet address they create for you, saved in a cookie, so you can straight up use it.
I'm not trying to argue that this is somehow revolutionary or the right way to do it, but it manages to leverage the advantages quote well in my opinion.
So if I made a confident AI and hosted it on a website you could visit, you buy my tokens $5 for 5 tokens, responses priced at .01 tokens. Essentially its very cheap.
Would you be as likely to use this service?
I mean if it's competitive, why not?
The thing is it's unlikely you'd find a payment provider making this viable. For example, PayPal charges 49 US cents as a minimum fee, or 39 Eurocents. Even just credit card companies charge 5 cents fixed, so cheap payment processors will charge you about 10 cents per transaction plus variable rates and possibly a monthly fee.
True but these companies are gate keeper that also work with fiet to crypto so its just moving the issue. If I want to convert my British pounds I will be charged even if I sent it physically. How do you buy nano coin?
It's true that you need to factor in the conversion fees. The same however is true, maybe for a smaller fee, when converting between fiat currencies, though my bank is usually pretty fair. Other providers - again PayPal being an offender and often ATM operators - will often have worse rates.
NanoGPT itself doesn't sell crypto I think, they include sellers for convenience. I provided mine years ago on Kraken which is a market exchange.
For testing, I just transferred 0.1 XNO to them, which arrived basically instantly without fees, it was credited to the wallet before I switched back windows to my browser.
I'll try a prompt and get back here if you want? I mean this is not really the core of the discussion but for completion's sake...
Edit: I created this with the Flux Pro model (the most expensive one I think) for about 0.1 XNO:
So entry cost is the kicker, like for myself I don't have any crypto, or at least crypto I can access (lost my monero keys) so for me to use nano I would still need to face conversion fees.
Tbh I hear about speeds but I've not had issues of slow transfers when it comes to fiat.
Sure, is it comparable to open AIs chatgpt?
If you want, I'll send you some to an address of your choosing; you can just use nault.cc as a wallet.
Due to how the site works, you can choose what model etc. they have without ever sending them any money.
Didn't we all? Nobody warned me of the dangers of boating
Lol that picture is good but the little girl has a baby hand. That's very nice of you but I won't deprive you of your coins, another time maybe
I've seen presidents with smaller hands… anyhow, NanoGPT doesn't run the models themselves, they have professional accounts for the models with the respective providers and basically resell access in per request amounts without an account or anything (your account is just a wallet address, no name or email required). I just wanted to showcase something where cryptocurrency can actually fill a niche.
All good, I still keep to the idea of cryptocurrency as a decentralized currency for the internet and have no issue with tipping some away if people actually engage in discussion honestly