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RE: Hive Debit DHF Proposal

in #dhf3 days ago (edited)

Appreciate it! A transfer from an HBD account to another HBD account using Hive Debit is exactly the same thing as a transfer from HBD to HBD using a keychain wallet or V4V transaction. the only difference is that the money on the Hive Debit account does not need a signature on chain to send, just a tap. (so dont use your main account obvs). If the card should be regulated, then all Hive movements with signatures on UK soil should also be regulated.

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money on the Hive Debit account does not need a signature on chain to send, just a tap

Can you explain this in detail from a technical point of view? Are there any third-party systems/accounts involved to handle the spending? How do you sign the transaction to send Hive to another wallet? Do you keep the active key on NFC and read it to sign the transfer?

I answered you on Discord, but anyway I'm gonna release in the next few days the technical proposal so everyone can see how it's gonna work, and also to proof that this is one of the best proposals for Hive.

OK cheers, so use an alt, noted!