Replying to Avatar Melvin Carvalho

#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!
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brah 2y ago

I thought Nostr used opentimestamps- wouldn’t this solve the timing attestation?

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Melvin Carvalho 2y ago

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

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brah 2y ago

Shitcoiners so fucked