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Yo, ChainnChic here! âïž Everyone's always talking about the price đ... but today we're talking about the people who actually matter: the devs! đ©âđ»đšâđ»
I've been tracking a stealth dev team (they call themselves the "Fintech Rebels") who are building something insane đ€Ż on @Plasma . They're building an open-source payments processor... and their target? To kill Stripe. đ„
Why'd They Choose #Plasma ? I Asked! đ§
I got in touch with their lead dev. His answer gave me chills. đ„¶
He said: "We tried Solana... but it's unstable. đ« We looked at ETH L2s... but the gas fees are too volatile. đ« We needed an L1 that was DIRT CHEAP, WICKED FAST, and EVM-COMPATIBLE so Shopify stores could integrate in 5 minutes."
They chose Plasma because:
IT'S EVM: They can use all the Ethereum tools (Solidity, Hardhat) they already know. No learning new languages! â
NEAR-ZERO LATENCY: Delivers sub-second payment finality. âĄïž Stripe takes days to settle. This is a cash-flow game-changer for merchants.
GAS-LESS PAYMENTS! đž This is the ace up their sleeve. They're using Plasma's Paymaster to sponsor the gas fees for their merchants. The shopper? No fee. The merchant? No fee. đ€Ż
This is the "Stripe Killer" đȘ
They're building an API suite that lets any e-commerce site:
Accept $USDT (and other stablecoins).
Get settled instantly (no 3-5 day waiting). đš
And... (this is the best part)... pay only a 0.1% flat fee. đ±
That's right. 0.1% vs. Stripe's 2.9% + 30 cents.
The Risk? đ§ It's a small team taking on a $50 billion giant. But that's the spirit of #crypto , isn't it? â
Quick Beats đ:
Tech Edge: #EVM + Gas-less = Dev Heaven. đ
Econ Flex: A 0.1% fee will destroy the TradFi business model. đ
Adoption Wins: This is the kind of tool that actually onboards millions of merchants. đïž
You think a small dev team can take down the giant Stripe? đ€
Tag a Developer you know! đšâđ»
Follow ChainnChic for more crypto gems! đ
$XPL
