Not sure anymore how I got the idea to use HODL invoices on SN but I know that after this idea, I woke up one day and thought:
I should also use HODL invoices for "p2p trades" for my prediction market idea!*
With HODL invoices, I can basically allow users to open an order without committing sats and without the need for a market maker. The order will only be confirmed if there is another user who wants to take the opposite side of the trade. Only then the HODL invoice will settle.
If after a specific amount of time no counter party was found, they will receive their sats back without any fees.
Additionally, an automated market marker (and "selective" to handle risk) can be built on top of this idea.
*before anyone hangs me, yes, that's not really a p2p trade
oh wow, cool site you made!
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Thanks, it's not even it's final form ;)
And I honestly think the contrast is bad.
Maybe I should just use white background with black text until I find a better design.
What's your opinion on the prediction market idea? Would you participate?
not trying to pressure you into actually participating when I launch depending on your answer now. But maybe I am subconsciously, lol
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Haha truthfully i'd probably stay away. My go at sports betting earlier this year has suggested it's probably not the best use of my sats lolol
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haha, no worries!
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