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496 sats \ 3 replies \ @melvincarvalho 5 Feb 2023 \ parent \ on: Nostr sucks: A contrarian viewpoint nostr
Nostr crossed 1000 users just over a month ago, now it's heading to 1 million
That is hard given the project is grass roots without funding
I dont think of it as decentralized like bitcoin. I think of it more like RAID with websockets. If one relay goes down you (hopefully) have a few more so that you dont lose your account and you are not disrupted
It's an experiment built on taproot and schnorr. That unlocks a certain amount of creativity that fills a gap in the bitcoin eco system
Scaling it will be a challenge, but maybe not impossible, we'll have to see where we are in a year
I think bitcoin will benefit from a social layer. And nostr is one candidate to do that. If people want it enough, it has a chance.
Regarding the hard work of scaling, we need that. I personally think your idea around single-use seals could add a great deal to the existing digital signature infrastructure by anchoring commitments to a time chain, or even check pointing
Couple that with a reputation and trust system that is getting built out, and you have a number of models for contracts and incentives that could create a rich eco system. Time will tell. We are early!
Where can I find more information about those reputation and trust systems?Thanks.
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There is no funding for infrastructure
At this point a $5 VPS would make a difference
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