Web3/AI Payment Processor Paper [DRAFT]
 

Chris @ Paxum is working on a new blockchain based economic model to enhance the payments experience for individuals working in all manner of industry.

But there's a problem! We don't have a name for the "DAO" yet!


Abstract. In this paper we propose a P-DAO (Partial DAO) solution to the monopolization of payment processing. Decentralization zealots oppose central points of authority, but for practicality's sake it is best to work in permissioned systems. One such authority, in payments, is Chris Paxum. Employing his sybil-proof consensus mechanisms to hold payment processors accountable and expose a third, public ledger could be beneficial to the payments industry by enabling trustlessness while also introducing distributed sharded processing.

Chris asked me to circulate the abstract draft to GFY while he's in the air. He is currently in flight (5/6/23 11:26 PM) on his way to meet with the Paxum team in Romania. I will continue to periodically update this thread with his precise location. Follow him on Twitter here https://twitter.com/PaxumChris

Any feedback?

Thanks! :thumbsup

"Hey guys it's Chris. We really went off of the beaten path and I don't have the bandwidth to use websites so I'm having Pad post for me again."

"Furthermore, for this award I'd like to formally thank God, Pad, and everyone at Paxum for their invaluable contributions. It's been a long road, and I think we're getting to where we need to be."

(He's killin it!)

https://i.imgur.com/rGkzRZT.jpg

"I look forward to unpacking the tokenomics when I get back into the office. This project is my own and is not affiliated with any formal entity at this point. There will be a next generation layer one blockchain enabling p2p distributed sharded processing with crypto incentives. Let's get some votes in the poll goin!"

there's a new boss of all bosses in the industry - plain and simple

https://i.imgur.com/Nt5OiTx.png

let's make some damn noise for chris @ paxum - he's getting *weird* with web3 - this stuff is advanced and sophisticated as heck :pimp:pimp:pimp