Micropayments TF v0-2-1 FAQs

How can I learn more about Geeq’s technology?

The Home Tab shows the back end of Geeq’s protocol. It’s the technical display for those who would like to take a look under the hood.

To get an overview of Geeq’s protocol, Proof of Honesty, and how it differs from other blockchain technologies, here is a short video.

The best way to understand all the details is to visit Geeq’s Testing Framework v0.1.

Both Home Tabs are configured in the same way and we have a lot of FAQs for you to read.

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How will content creators benefit from Geeq Pay?

Geeq Pay provides an easy way for your readers, admirers, fans, viewers, purchasers and supporters to pay you directly in a few clicks.

Here are some of the benefits we can think of, and we’re sure you can think of more:

Imagine if you:

• got a penny for every like you’ve ever received.
• could create without having to please sponsors and advertisers.
• were able to build a fanbase,

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How will Geeq’s micropayments scale?

Geeq’s micropayments technology is already optimized for efficiency and high throughput. For more technical details, please listen to this episode of Geeq talks.

Geeq is a multi-chain platform. That means if one micropayments chain is expected to near capacity, another can be deployed. And another. And another. And so on.

Each Geeq chain is validated by its own permissionless network of nodes, and fees are determined by the work that is done for that chain alone.

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What happens if I don’t spend my pennies?

In the Testing Framework, the browser forgets the code every time you refresh or close it – including your available balance of pennies. So you will have to start over.

In real life, every payment created through this application of Geeq’s bearer token technology will revert to your account if it has not been consumed on chain.

The account record is structured with a target time (more precisely, a future block).

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How many Geeq pennies may I buy?

Because Micropayments TF v0.2.2 is working in your browser, we put a limit of purchasing 500 Geeq pennies, which should be more than enough to get the idea.

We did this for practical reasons: we don’t know how you are using your browser and how much memory is allocated to one of your tabs. We don’t want you to think the code does not work efficiently when the real problem is you have 75 tabs open.

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How and when do I purchase Geeq pennies?

If you have not installed the Go Micro extension from the Chrome store, please work through FAQ 1: How do I get Started?

Make sure the blockchain is running in the Home Tab – press START if you need to. In the real world, a chain should be running continuously.

To purchase pennies:

Click the green Go Micro icon in your task bar, at the top of your browser window.

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What is a Geeq penny?

A Geeq penny is 1/100th of the value of a Geeq.

While developing Micropayments TF v0.2.2, a “Geeq penny” was the simplest, most intuitive way we could think of to talk about micropayments, because it conveyed the idea of a fractional unit.

Note: Geeq’s micropayments’ technology will not be limited to payments of a Geeq penny.

The technology itself is generalizable, from much smaller amounts to familiar denominations such as a Geeq nickel (5 Geeq pennies’

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Where can I see my available balances?

In TF v0.2.2, your available balances are displayed in the account tab of the Go Micro extension.

The initial account balance is 500 Geeq and 0 Geeq pennies.
The account tab tracks your available balances of both.

To see these, click the Geeq Pay “G” logo in the taskbar at the top of your Chrome browser.

Go Micro icon

Your available Geeq balance (in whole units) are displayed in the account tab,

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Why are the store buttons disabled?

Be sure to leave the blockchain running when you return to the Store pages.

When the blockchain is running in the background, the buttons will be enabled.

If the store buttons are disabled, the blockchain is not running in the background for some reason.

If the blockchain is not running, it cannot receive requests from the stores to process payments so the purchase buttons are disabled on the Store pages.

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Why do I Need a Chrome Extension?

You will not be able to test Geeq pennies or interact with the Content tab to buy Content without it.

How do I get started?

You will need to use the Chrome Browser on a desktop computer.
You will need to install the Go Micro extension from the Chrome Extension Store.

To install “Go Micro”,

1. Go to the Chrome Extension Store.
2. Search for “Go Micro” and select the extension from Geeq Corp.
3. Click Add to Chrome.
4. Some extensions will let you know if they need certain permissions or data.

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