Show HN: Machinomy, JavaScript library for micropayments in Ether over HTTP
machinomy.comHi, HN, basically a one-man show here. Machinomy just turned v0.1, and I thought it could be a nice opportunity for feedback. Ultimate motivation for the project is to allow autonomous devices pay for themselves. This involves many things. The library is a prototype for the payments layer.
Some links:
[1] Project website: http://machinomy.com
[2] Code: https://github.com/machinomy/machinomy
[3] NPM: https://www.npmjs.com/package/machinomy
[4] Gitter Chat: https://gitter.im/machinomy/machinomy
[5] Twitter: https://twitter.com/machinomy
Hey! Very interesting work. I left a question below (above?).
I myself have been hacking on a payment related project which is also in "show" right now: https://news.ycombinator.com/item?id=13446587
Would love to get your feels as you've been thinking about machine-machine transactions quite a lot obviously.
Happy to discuss more over email as well.
You should simplify what this is about. I'm having g a hard time following all of it.
This is a Node.js library that allows you to instantly* send a fraction of Ether as a payment for a HTTP service.
* - ok, if you have a payment channel open. A payment channel is an instance of state channels described on http://www.jeffcoleman.ca/state-channels/
It allows you to pay for just one SMS sent instead of having a minimal credit on Twilio, as an example.
Is there a cost to setting up a channel?
Yes, it is about 20 cents to open a channel, and 30 cents to close it.