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Exactly. And since nostr is just the communication layer, you don't even need to make the small transactions if you're also the coordinator.
Thanks. I'm not trying to be coy or anything.
Just we see some naive tooling popping up that measures mostro activity per coordinator, but just like in the early days when coinmarketcap was launched and some exchanges were inflating their trade volume, you can do that on nostr too. Everyone will be more likely to believe you because "it's decentralized", and "the proof is in the signatures" and therefore it is true. But you don't need a super intelligent LLM to see how this can be gamed (after all, these didn't exist back in the day either) and there's a risk here.
So, "reputation" can be faked - it can even be automated. And I frankly have no idea how to fix this due to the sybil nature of nostr. Every trade is a risk, because reputation is a risk, so you want as little as possible data trail to your trades from a privacy perspective, but at the same time a maximum data trail to your trades from a reputation perspective. This goes for coordinators as for makers as for takers. It's a mess because the incentives are poorly aligned. Even if the mostro network were big enough to do pgp-style WoT, where I would add trust to your key and follow your key's reviews and pray that your key didn't get exposed, it still means that you should reuse an identity key for me to be able to follow it, even while your identity should not be mixed with your transactions (that goes against the pseudonymity principle, no matter what some prominent nostr devs got told by Claude to be totes ok)
Bottom line, FATF was smart: control the on- and offramps, control much of Bitcoin. The only thing that could have solved it was localbitcoins, before they went into compliance mode and iirc eventually gave up because it became impossible for them to operate compliantly. The only real defense we have today is to not use fiat at all.
work what magic? I am aware of the code. I am just not aware of anything that would protect me from a self-dealing coordinator. So if people are saying that no there are protections, then I'd like to know where, because I in fact didn't find them.
I understand that you're promoting, that is clear. However, be careful to answer questions with things you don't know. I don't raise this issue for you to defend it, I ask because that's how people get rugged.
Note that nostr identities are disposable, and that there is no sybil resistance. A reputation can be faked. So be careful.
I have about an hour of live typing to finish, I'll be in touch on whitenoise after. Out of concern for the safety of your sats, let discuss there.
We have a real, structural weakness in the ecosystem with this. I won't have time soon to help out, but this is really one of the main things that makes me nervous.
We work around Google with Obtainium, yet our own server ecosystems introduce even worse liabilities. It's no bueno.
Let me ask the same question so that you don't have to bullshit me:
How do you know that the offer you're taking was not from the same person as the person doing the dispute resolution. Don't say different nostr key because I can generate one in about 18ms.
How do you know? Simple question. Don't tell me vague shit about rules or prevention. Show me the code or the protocol documentation where it is explained which mechanism prevents this.
Bottomest bottom I saw was $83 or so. I think I'd totes sell all my socks on OF to buy bitcoins when it ever comes close to that bottom again.
how
When I ran a home node, I ran:
Public node (colo'd) --wg--> Private node (home) --intranet--> wallet
Now that I don't have a fixed home, I run:
Public node (colo'd) --wg--> Private node (colo'd) --wg--> wallet
Besides wireguard, LUKS is your friend. Also for your home hardware.
Just just say that because you've seen my shitposting for a longer time haha.