#nostr is permissionless development, anyone can add a tag
What are the advnatages of on chain committments? You can do things like RGB or Taro:
- prevention of double spending
- smart contracts
- tamper proof history
- auditable records
Really much much more
thanks, dont really understand point 2 and 4 (dont know the concepts)
but some other questions popped up:
- I thought Nostr posts already were tamper proof if it gets relayed through a public relay, no?
- Could on-chain com. fix what's broken about Zaps rn?
(i just read that it is kind of broken rn since people can sned zaps to themselves etc. which could be a potential problem if zaps got integrated into an algo)
#nostr posts are tamper proof. But the time ordering is not. Let's say I have a signed spend function, I could do two posts at the same time, and the relay would not have a way to know which was first. Using an on chain commitment you can get finality by using an on-chain tx. This allows you to have a tamper proof SERIES of events, such as a ledger or contracting system
It's a world computer on steriods!
I thought Nostr used opentimestamps- wouldn’t this solve the timing attestation?
There is a NIP for Peter Todd's OTS. However OTS just does proof of publication
His ideas evolved form OTS to Single-Use Seal. Instead of ONE proof of publication, it is a CHAIN of publications. A block chain within a blockchain, so to speak
Very powerful. This is the technique used in RGB, Taro, LNP/BP. So in a sense it's the next step on from OTS.
Proof of publication is great, but adding Single-Use Seals can do everything a smart contract platform can do, over #nostr
Shitcoiners so fucked
would Nostr*on-chain mirror BitDNS? or is that something different?
