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0 sats \ 1 reply \ @satoshe 22 Feb 2023 \ parent \ on: Videos in nostr nostr
It needs to be funded by lightning payments
Scale is a fiction invented by SV to capture and control the market.
It is healthy for nostr if big relays are difficult to run. It helps prevent centralization. By design, no single relay will ever achieve “twitter scale” and that’s a good thing.
right! Why does it matter if nostr does not scale? Maybe it’s good to prevent large relays from centralizing the network.
Excellent guide! I have fun reading all of your writeups.
One guide I would love to see: how to use Tailscale to run a LNBits server that’s connected to your private or public node.
I think this is a crucial step to enable private but fast transactions using LNURL (that doesn’t require tor for the end user)
L3 are mechanisms like markets, auctions, bargaining, multisig transactions, debt/credit or other kinds of social conventions backed by mathematics that lead individuals or groups to performing payments over L2 or L1
I expect the peak expectations will coincide with the next bull cycle event around the next halving in 2024.
At that point I think Bitcoin-only versions of all the useful ethereum “defi products” will be built on Nostr as “layer 3”. At that point, ethereum devs will dump on everyone, in what will be remembered as the largest pump n dump scheme of crypto history.
Nostr will enable layer 3 on BTC. Remember, DAOs are just multi-sig.
Layer 3 = Layer 1 + Layer 2.
Nostr = Schnorr signatures + lightning payments
I believe the backend of SN should be nostr, that SN should have a nostr relay.
Keep the same stacker news frontend. Switch to nostr as the backend.
Open protocols rule.
Why is Marxism incompatible with bitcoinism?
Bitcoin is a way out of capitalism through low time preference.
Capitalism is high time preference.
CMV
Yes, it can scale to 1 billion users.
No, not everyone will see all the same notes/posts.
Nostr is not a consensus protocol. Not everyone has to agree on everything or see every post.
Nostr is a decentralized and localized protocol. There is no front page of nostr because you only see posts from relays you’re connected to.
Just like villages on earth, relays on nostr connect local communities.
If the relay is beefy enough, it can support as many users as it needs
Uh… what? How does this achieve tail emission… doesn’t it just delay the end year of 2140 to an unpredictable time?
Hard no
Does anyone know if atomic swaps work between btc and monero?
I could see BTC as the savings account, and Monero as the checking account. Only if there’s a way to swap without a centralized exchange.
Nostr is experiencing exponential growth! The Blue Bird app advertised nostr to the world when it decided to ban anyone who posted their nostr key. Haha.
I’m on there as