284
all 26 comments
sorted by: hot top controversial new old
[-] ___@lemm.ee 90 points 2 years ago* (last edited 2 years ago)

These micro-examples are a reminder that corruption is a part of every human system, no matter how perfect the design.

There will always be concertgoers cutting the unwatched fence to sneak in for free.

The only plausible solution is elective transparency. Either your company and financial metadata are available for independent third party review, and records retained as defined, or else you’re not a company.

Don’t ascribe to it, get boycotted.

[-] sv1sjp@lemmy.world 7 points 2 years ago

The plausible solution is named Blockchain and smart contracts. Until then...

[-] Uncle_Bagel@midwest.social 59 points 2 years ago

Cryptocurrency is the number one vector for scams and money laundering today despite blockchains.

[-] 520@kbin.social 4 points 2 years ago

That's because transactions can't be rolled back, opening accounts doesn't require identifying info, and there's no possibility of payments being intercepted by a third party.

Sure, fiat can be safer when your bank is being responsible. It can be much more dangerous when they aren't. Just ask a victim of Wells Fargo.

[-] ramble81@lemm.ee 21 points 2 years ago

Okay. I’ll answer seriously to this. Blockchain can’t store an entire contract (not within reason). Likewise, contracts will never be made public. So at most you’ll get is a pointer to where the contract is held. The contents of the contract can be changed (though you could put a checksum in the chain too), but that still doesn’t address things. Also if you are concerned about “well no one else has a contract” then all that needs to happen is everyone gets a contract, then the chain is inundated with contracts and all you’d have is a pointer and a checksum and you have no idea what’s in the actual contract.

[-] loke@fedia.io 22 points 2 years ago

Not only that. Backroom deals without public documentation has been done since the beginning of humanity.

Even if blockchains were widely used, these things would happen outside the blockhain and no one would be the wiser.

[-] isles@lemmy.world 3 points 2 years ago* (last edited 2 years ago)

Blockchain can’t store an entire contract (not within reason).

What do you mean by this? I don't work directly with blockchain, but it appears Eth has a 12MB block limit, which is 10,000 pages of simple text.

[-] ozymandias117@lemmy.world 8 points 2 years ago

A block isn’t a single transaction. It’s way too inefficient to scale that way

A block is a group of transactions

[-] isles@lemmy.world 2 points 2 years ago

Sure, that makes sense, so it looks like each contract could only be 20 pages of text, at least per transaction.

[-] Bartsbigbugbag@lemmy.ml 1 points 2 years ago

A contract is text only, that would be a few kb at most when compressed… blockchain can definitely hold that, it can hold images, and someone even put Doom on the blockchain.

[-] LWD@lemm.ee 4 points 2 years ago* (last edited 2 years ago)
[-] Neato@kbin.social 3 points 2 years ago

Blockchain has no viable uses. Append only databases already exist. Distributed databases already exists. It's all a scam.

[-] LWD@lemm.ee 32 points 2 years ago* (last edited 2 years ago)
[-] SpaceNoodle@lemmy.world 17 points 2 years ago

What flavor are the smaller companies?

[-] Chozo@kbin.social 6 points 2 years ago

He already said apple flavoring.

[-] SpaceNoodle@lemmy.world 3 points 2 years ago

No, he said Google and Microsoft had the apple flavoring, as opposed to a smaller company.

[-] Bartsbigbugbag@lemmy.ml 3 points 2 years ago

Ice cubes is on the Apple Store though… or is this something that happened in the past and has since been changed?

[-] LWD@lemm.ee 3 points 2 years ago* (last edited 2 years ago)
[-] luthis@lemmy.nz 11 points 2 years ago
[-] ilickfrogs@lemmy.world 8 points 2 years ago

Isn't Netflix exempt from these fees too? Or do they just not allow you to sign up in app and redirect to a browser?

[-] Dyskolos@lemmy.zip 7 points 2 years ago

Disgusting. So glad I don't use either.

[-] autotldr@lemmings.world 6 points 2 years ago

This is the best summary I could come up with:


Google fought to keep the Spotify numbers private during its antitrust fight with Epic, saying they could damage negotiations with other app developers who might want more generous rates.

And in court, Google has focused on benefits like greater flexibility rather than cost savings.

As part of the deal, both parties also agreed to commit $50 million apiece to a “success fund.”

“A small number of developers that invest more directly in Android and Play may have different service fees as part of a broader partnership that includes substantial financial investments and product integrations across different form factors,” says spokesperson Dan Jackson.

In mid-2023, it completely dropped support for Apple’s App Store billing system to avoid paying up to a 30 percent commission, and it was one of the highest-profile early members of the Coalition for App Fairness, a group that included Epic and supported the Fortnite publisher’s antitrust suit against Apple and Google.

But while Epic has continued its legal battle against both parties, Spotify apparently found an easier — and far cheaper — way out of the Google fight.


The original article contains 465 words, the summary contains 181 words. Saved 61%. I'm a bot and I'm open source!

this post was submitted on 21 Nov 2023
284 points (100.0% liked)

Technology

72577 readers
3252 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS