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0 sats \ 1 reply \ @nquiz 15 Apr \ on: The HODL #2 My 1st Halving-Bitcoin Scaling-Surge Pricing-Salesforce Triggers etc bitcoin
non-twitter link to the linked twitter thread
https://twitter-thread.com/t/1760421195600523330
You could say exactly the same thing about gift cards, yet gift cards have obvious utility.
ecash tokens should be seen as a 'promise to redeem bitcoin', not a place to store wealth, but rather a way to perform:
- Micropayments
- Offline transactions
- Private payments
If you receive enough ecash tokens, your first priority should be to redeem them for lightning or on-chain in a way that makes sense (for the amount you receive).
ecash does not replace lightning, nor self custody. It is a level 3 that trades security/trust for scalability/privacy.
You wouldn't keep $10m in your pocket. You wouldn't put $10 in a bank vault.
TLDR; You are right, ecash is fiat bitcoin (faith in the mint) and it is quite valid to position it as such. It's not a bad thing though.
Definitely not a world first - it's been common in Madeira for a while
Check out https://www.anislandapart.com/
These guys are having a crack: https://cloakednet.org/
Ironing out some signup bugs in this nostr javascript quiz game: https://js.nquiz.io/
We replaced our relay this week (from nostream to strfry) and that part is now working 1000 times better
Next we need to properly handle all the possible signup flows (private key, extension, nsecbunker) to speed up the registration process
After that we'll be inviting tire kickers from the nostr territory :-)
Name/Nym: n
Summary of What You’re Building:
nQuiz - a Quiz platform, powered by Nostr and Bitcoin. There are 7 levels, a review process (for quality control), a reputation system, and an algorithm so that questions get harder as you play. We have 9 sites right now, with plans to launch another three soon.What Kind of Help Are You Looking For? We're a small team, completely bootstrapped, mainly focused on bugfixing and feature development. We need help with so many things!
- Testing / feedback
- Creation of new content (for which you would receive 100% of the contributor zaps)
- Partners for launching new games (for which you will receive 100% of the game-payment zaps)
- Graphics / logos etc
- Marketing
- General counseling / mentorship / advice
Purpose: We'd like to build something that rewards creators whilst also being commercially viable from a running cost perspective - eg from 402-sat signup fees or optional sidebox-advertising.
How to Contact You:
- Join our Matrix instance - https://chat.nquiz.io
- Email support@nquiz.io
- Reach out on Nostr: https://www.nostr.guru/p/9839f160d893daae661c84168e07f46f0e1e9746feb8439a6d76738b4ad32eaa
This is the one we use for nQuiz: https://github.com/nostr-dev-kit/ndk
you don't need to use their library - check the implementation, it's just a few lines of code
You literally just sign an event and stick it in the auth header. This proves to backend that you control the private key, and that you are logging in to X website at X time.
This approach works with all signing mechanisms (nsecbunker, extensions, local key, signing device).
The approach we used (eg for https://js.nquiz.io) was based on Nostr Passport Auth - https://github.com/nosdav/passport-nostr
Basically you just use a signed note in the request header. No tokens needed! Just verify the event at backend with each request (signed, within a date range, comes from the correct domain etc)
GENESIS