How does DamageBDD use #bitcoin for payouts and #DamageTokens for infrastructure?
DamageBDD leverages Bitcoin for payouts through the Lightning Network, ensuring fast and low-cost transactions. This integration allows test participants to receive immediate rewards in Bitcoin when they pass tests on the DamageBDD platform. The Lightning Network enables scalability, providing quick liquidity exits while maintaining decentralization and security. This minimizes the risk of capture while ensuring close-to-market buybacks, with fees deducted.
For infrastructure, DamageBDD uses the DamageToken, which is an AEX9 token built on the Aeternity blockchain. The token functions as a utility within the platform, allowing users to run BDD tests and interact with the system. DamageToken powers the infrastructure by facilitating actions such as:
Running tests: Users must hold DamageTokens to execute tests on the platform.
Token liquidity: Public token sales ensure ongoing development and project continuity.
Governance: Through token usage, participants can influence platform updates and contract upgrades as needed.
Together, Bitcoin handles the rewards and payouts while DamageToken manages infrastructure, aligning incentives for testers and ensuring the system's integrity.
DamageBDD
npub14e…w99u8
2024-09-25 12:50:27
Author Public Key
npub14ekwjk8gqjlgdv29u6nnehx63fptkhj5yl2sf8lxykdkm58s937sjw99u8Published at
2024-09-25 12:50:27Event JSON
{
"id": "4776d6d4cd4cc512ed54406ea9f93c3c15f625c43ed50967ac8cadd14ba5d86a",
"pubkey": "ae6ce958e804be86b145e6a73cdcda8a42bb5e5427d5049fe6259b6dd0f02c7d",
"created_at": 1727268627,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"DamageTokens"
],
[
"t",
"damagetokens"
]
],
"content": "How does DamageBDD use #bitcoin for payouts and #DamageTokens for infrastructure?\n\nDamageBDD leverages Bitcoin for payouts through the Lightning Network, ensuring fast and low-cost transactions. This integration allows test participants to receive immediate rewards in Bitcoin when they pass tests on the DamageBDD platform. The Lightning Network enables scalability, providing quick liquidity exits while maintaining decentralization and security. This minimizes the risk of capture while ensuring close-to-market buybacks, with fees deducted.\n\nFor infrastructure, DamageBDD uses the DamageToken, which is an AEX9 token built on the Aeternity blockchain. The token functions as a utility within the platform, allowing users to run BDD tests and interact with the system. DamageToken powers the infrastructure by facilitating actions such as:\n\nRunning tests: Users must hold DamageTokens to execute tests on the platform.\n\nToken liquidity: Public token sales ensure ongoing development and project continuity.\n\nGovernance: Through token usage, participants can influence platform updates and contract upgrades as needed.\n\n\nTogether, Bitcoin handles the rewards and payouts while DamageToken manages infrastructure, aligning incentives for testers and ensuring the system's integrity.\n\n",
"sig": "18ac347cd544412b975287e24166ed627c4f071d372545e1de3199ec1de32924581a0cb0d959313735e623ff1fa11478454f962a3656341f97cbc9f7c1fc937f"
}