Why aren't altcoiners moving to Nostr?

They're used to bribing centralized entities to integrate their coin. Exchanges list them, websites cover them, wallets add them. Even Twitter has the NFT profile pics. But they can't do that on Nostr.

And further, the Lightning integration means they have to use Bitcoin! The sad fact is that for all their developers, altcoins don't have anything like lightning. And they know if they come here, they're going to need to convert some of their stash.

It'll be fun to watch the VCs try to downplay Nostr's significance as they try to protect their bags. But it won't work. An actual decentralized network is forming and their centralized crap won't work here.

Let them have centralized platforms. Decentralized money belongs on a decentralized platform.

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Discussion

You love to see it #[0] ⚡️

#[1]

I actually got asked if solana could be integrated into Nostr 😂

Yet someone could build a Nostr client with any shitcoin support and then whoever fancies to use it may use it.

I mean I don’t see the point of doing it when you’ve already got wide lightning support, but technically they could, right?

“Bitcoin Milkshake Theory”, eventually this will happen

Are you wholeheartedly against any coin that isn't bitcoin that legitimately brings something new ti the table?

There are no coins bringing something new to the table.

What did AOL bring to the table that couldn't be done on the internet, but better? The shitcoins are the exact same equivalent of walled off gardens controlled by a group of cronies.

Thats not innovation, no matter how hard youre trying to sell shitcoin features.

How is Monero that?

So you don't believe Monero brought anything new?

shitcoin.

Can you explain why? That is all I am asking ans hence why I made my original point/posed my question. What is shit about it and why?

I'm not looking for a dogfight, I legitimately want to know what your take on it is based in the facts that both Bitcoin and Monero have in terms of capabilities.

Because I don't want to barter some niche junk (and thus become part of some obscure order book) for every service. I want to use solid money to pay for a good service.

Thank you for your reply

Funny, I heard this same argument the last time I tried paying for a coffee with Lightning 🤷

Not really anything that can't be done on bitcoin or on top of bitcoin. Even some Monero advocates are excited about Lightning Bolt12 spec as it fixes some of the privacy issues lightning currently has.

The thing with altcoins are that, although if they have developed some interesting tech, it's not unique to that coin. If its good, and there are no trade-offs it can be implemented into bitcoin (for example, confidential transactions are live on Liquid, which is a bitcoin side chain), or on layers on top of bitcoin, which already exists such as coinjoins.

Bitcoin is uniquely optimised for decentralisation, security, and a predetermined monetary policy which is transparent. The rules are incredibly difficult, next to impossible to change without unanimous consensus without causing a chain split.

Altcoins doesn't have this robust, secure foundation and is often arbitrarily hard forked, and in other ways controlled by insiders by pre-mines, ICO:s, and owning infrastructure etc. So people who are building on altcoins are building on sand castles that has no viable long-term future.

There's also the question of anonset, bitcoin has a much larger anonset than monero.

How can you bring up liquid confidential transactions without even mentioning it is custodial? CT is only one of several things that makes Monero great for privacy and anonymity that is impossible for Bitcoin to achieve without major changes to the base layer. Coinjoins, while great, are not on the same level of ease and effectiveness as Monero.

Bitcoin anonset is not all of bitcoin. It is only as large as those who keep to best privacy practices. A tiny fraction of bitcoiners more comparable to monero anonset.

Tradeoffs only exist on everything else apparently.

The monero shills are here omg.

Right. But who will follow them.

In other words, invisible to me.

Dishonesty and insults

Barely any scrutiny and your whole weak narrative falls apart, hilarious

We are not on teams. We have one goal - pushing science (CS specifically forward).

Let's stop the stupid red vs blue and rather hurl facts without emotions and each other.

If monero anon set is small than wtf is liquids anon set.

Thank you for the explanation

Define ‘something new’. Let’s hear a good example

“Something new to the table” - so we’re talking about some new scam, perhaps? 😂

🎯🎯🎯

ordinals theory has more in connection with money than bitcoin and other cryptotulips but the paradox is that ordinals are nothing without bitcoin.

#[0]

They are your just stuck in your bitcoin maxy bubble. Not everyone including myself think web 3.0 is ONLY bitcoin. I like bitcoin i think its great but to think web 3.0 is only bitcoin is naïve.

You're right, he says web3 is bitcoin AND nostr.

Isn’t web3 just some scammy phrase used by shitcoiners? I tried googling the difference between 1, 2, and 3, but all the results seemed like marketing BS.

Your lack of brain power, perplexes me. Nostr/ iris Damus run on "flux" which is by your definition a shitcoin. You use lighting which is a separate layer 2 and again by definition a "shitcoin" . So question is why do you use "shitcoins" if the only thing good is bitcoin. Like I said bitcoin is great at solving a few problems, but it doesn't solve everything. Its one piece of software that solves one specific problem well. There are other pieces of software that solves other issues, its not complex.

I respectfully disagree, but please keep hurling insults like it helps your case.

You can disagree all you want facts are facts.. Your using Nostr which is on flux which runs on ethereum shitcoin. So stop using Nostr as your supporting 2 shitcoins when you do.

https://fluxofficial.medium.com/the-first-fully-decentralized-nostr-relay-is-now-running-on-flux-ceb649d12ddf

Under contracts read:

https://coinmarketcap.com/currencies/zel/

Dude what the hell are you talking about? There might be some relay running on a shitcoin network, but that relay has approximately 0 users. All of the users are on the non-shitcoin relays, the ones that just run on normal computers that are hooked up to the internet. Like VPS and whatnot.

You are 100% full of shit.

Flux runs on ethereum lol Nostr runs on Flux. Its not that complicated.

I don't know if you're trolling or really just don't know what you're talking about. Either way, what you say is 100% incorrect.

Immutably incorrect 😇

If you search the nostr GitHub page, there is exactly 0 mentions of flux

https://github.com/nostr-protocol/nostr/search?q=flux

shitcoin shill.

Yeah but nostr is running on top of "Flux" which by your definition is a shitcoin. Also why are you using lightning then as that's a separate layer 2 and thus should be defined as another shitcoin.. lol. The lack of mental stimulus in this one is high.

No.

Your suing , Nostr which runs on Flux which runs on ethereum. lol 👍

#[3] are you retarded or something?

NOSTR is not running on top of "FLUX" but nice try.

Lightning is not a separate Layer 2...it is the payment layer for Bitcoin. 1 sat on lightning is 1 sat from the mainchain locked in a payment channel that when closed settles to the mainchain. Not a shitcoin like the Web3 nonsense you play around with

Want to try again or are you just going to continue to act like an expert despite being clueless on any of this technology?

Web 3 is a shitcoin term. 'Maxi' is a lazy slur on the fact that it is Bitcoin and Nostr which are shaping the future

Maxi is someone that thinks bitcoin is the only coin yet here you on the "flux" network (a sperate chain from bitcoin) using a layer 2 protocol (lightning) claiming bitcoin is the only blockchain worth anything.. can you not see the irony of such a brain dead statement? Your currently using shitcoins claiming bitcoin is the only solution. THINK.

I do plenty of thinking, thanks for the advice. What I said is what I meant

right lol. I can tell by that strong retort. 🤣 There is so many "shitcoins" involved in what your currently using yet you still clearly even understand . Just focus on bitcoin lol. Dont get me wrong i love bitcoin as well, but to pretend its the only solution is naive. Nostr wouldn't be online without FLUX which is a shitcoin your currently supporting 😂👍

https://coinmarketcap.com/currencies/zel/

Also FLUX runs ontop of ethereum, the "biggest shitcoin" out there. SO everytime you post on NOSTR your supporting ethereum meathead.🤣

Get your fact straight lightning or as you say layet 2 is bitcoin. Nostr doesn’t run on flux.

Do you even understand bitcoin or just yapping ?

Do you seriously not understand? Nostr the client your using runs on flux? which is on etherium? lol

https://fluxofficial.medium.com/the-first-fully-decentralized-nostr-relay-is-now-running-on-flux-ceb649d12ddf

look under contracts on that page it shows that flux runs on ethereum lol

https://coinmarketcap.com/currencies/zel/

Dumbo nostr is not a client but a protocol. Go do your research properly

Are you really that dumb? Your posting here like you know what you are talking about but are completely clueless…

Notes and other stuff transmitted through relay (NOSTR) is a completely new protocol that has absolutely nothing to do with ethereum…the flux relay you mention and are hooked up 2 could be hosted on ethereum but I have no interest and don’t have to connect to anything built on that scammy ass centralized blockchain

NPCs 💁🏻‍♂️

What kind of nonsense are you spewing right now? I think the shitcoins have infected your thinking…

You think sats on lightning are a shitcoin?

FWIW, I’ve seen quite a few .eth people come here and actually be amazed at how well Lightning works.

They're used to having to wait for a block to get mined. They're not thinking with layers.

After Banks and payment providers, centralised social media platforms suddenly find themselves on the menu too. Expect them to become allies.

Altcoiners are moving to nostr Jimmy.

Go have a browse on the #nostr hashtag on Twitter, plenty of Eth people joining.

We can disabuse them of their silly notions when they arrive and they see how it works on a bitcoin standard.

Yeah I saw Eth people joining from Twitter. Lots of npub verifications and plenty of crypto people in that.

#[3]

It’s a hard pill to swallow when a serial shitcoin conjurer realizes that services can be provided and decentralized without seeking rent for it.

This. Nostr is demonetizing so many things

I've seen one shitcoiner here and it was short lived.

Nostr feature not a bug that it has cleared out the web3 crowd by design, I saw a few people come in here early posting looking to earn tokens or asking to buy tokens, promoting their token project and it didn't go well for them and they left

They return to their eco chambers

I think it lends legitimacy to nostr too so someone who is not really interested in bitcoin can come in and not have to choose between siding with maxis or the shitcoiners, they can craft out an experience all their own

I look forward to other communities forming on here that are outside bitcoin

How does centralization go bankrupt? Slow at first, and then all at once.

First of all, why do we care what Shitcoiners do over here? They will definitely come and there's nothing we can do against it.

Secondly, "they can't do that on Nostr" - how do you mean this? Anyone can do anything on Nostr.

Lastly: I am using Nostr for over a year and I don't even know how to make a Lightning payment. It's not needed at all to use Nostr.

Also, couldn't they just use the Nostr protocol to write their own clients that integrates their shitcoins?

Correct me if I'm wrong... The Bitcoin and Lightning integration for Nostr started with one huge BTC donation from twitter guy Jack.

Also I could not find any technical connection between Nostr and Lightning.

I'm a 'shitcoiner' and Nano can do the same as Lightning for free.

Yeah but there is no lightning founders sucking every cent of value out of the network with their gifted tokens like you have with nano

I think it's also because they're not interested in having actual conversations with actual people. Shitcoiners need to promote thier coins, ICO's tokens, NFTs. They want to be in a place where they can access as many people as they can. Especially the more non-technical side of the population.

If Nostr does eventually grow to become the main social network protocol, they will be here.

We have to admit that we are a minority, maybe always will be

Make no mistake, I love it here. But I want to say that nostr gathers a group of people with similar interests. As a social media that needs diversity, this is not good

I was gonna say something similar - that Nostril feels like a bit of an echo chamber at the moment.

People are taking notice of your post.

Added to the https://member.cash/hot feed

The alpha for VCs will be investing in the coming generation of apps built on Nostr.

It’s not even a crypto VC play, the protocol is likely to be a legit part of the Internet stack.

Not only apps, Nostr will need its own ecosystem of indexers, search engines, recommender systems, advertising networks etc.

Agree

I'm an altercoiner newly lurking in the background here...

#[3]'s posts about Nostr got me here.

Interacting with Nostr has given me a chance to better understand Bitcoin and Lightning and hopefully interact w/the Bitcoin community in a healthy way.

I find the experience renewing, because I feel I'm "in crypto" for the "right reasons" and yes, the vast majority (to me) of altcoin networks, including Ethereum are being increasingly dominated by centralized forces, funders, entities, companies, etc.

👍

I think shitcoiners will come. When they realise they can airdrop their bags to the whole network using the lightning rails (shitcoins for zaps of actual sats).

VCs should be funding nostr based decentralized ventures to kill Meta, Twitter and alphabet.

They can profit by shorting the big boys as they die.

#[0]

Wait. Why couldn't they? Isn't nostr an open protocol? Couldn't someone make a client that follows the messaging/relay protocol and also integrates shitcoins?

IANAPD. (I Am Not A Protocol Developer)

They absolutely could, no matter how much maxis cry about it.

literally none of this is true

retarded ass post

Nostr != Bitcoin

Nothing to add here. #[1]

#[0]

Yeah baby

this is the bitcoiner version of web3 tards saying ‘we’re gonna build uber on the blockchain’.

nostr is great, but nothing mentioned here is true. don’t encourage neojournalist blowhards

#[0]

cheap, sensationalist talk like this has always been amplified by twitter and tiktok, like the media have always done too (as mentioned above).

the incentives can be different on nostr- we don’t need this, do better

But why haven't altcoiners moved to Nostr?

i do have altcoiner mutuals from twitter that are here (that i didn’t bring myself), i see a lot i didn’t know too, particularly amongst the japanese/chinese users i follow.

and if they want to have NFT pfps like twitter they’ll be able to on their own client. if they wanna integrate shitcoins, im sure they could if they generated enough traction for an idea

💯

nostr isn’t Bitcoiner’s plaything

It is for the time being, and so what of it is? Like he said they don't want to come here because the incentives don't line up. Let them stay close to the nipple as we push the envelope. Information is always seeking to be free, it will find a way through, around or over.

"Adoption" for Altcoiners in general is equivalent to "pump my bags". They don't move to a platform because it is needed or useful, but to fake demand.

Well said Jimmy 🤙 #[1]

it is funny to see that nostr fits exactly what they want to achieve IN THEORY, which is clear they never wanted it IN PRACTICE

New to nostr, want to throw a Bitcoiner a follow?

Let them eat cake Jimmy, as we prepare for the feast.

Well, you called for it and i came :o

#[58]

Maybe this will aid in your understanding of why cRyPTO people aren’t coming to #Nostr

I'm a Monero enjoyer and I'm here

Monero is my shitcoiner spirit animal, but I am bitcoiner now.

Why?

I was also worried about the privacy aspect, but I think lightning and other 2nd 3rd layer + on/off ramps between layers will solve that.

governments gonna have a hard time taxing people and cannot print it.

network effect needs all the people and programmers it can get.

Bitcoin is primary escape hatch.

Monero is escape hatch from bitcoin if something goes wrong.

Maybe there is no one wanting to integrate their altcoin into a client cause they're all busy hodling? No devs? It's the bear market and no one is building? They only want lambos? 😆😋 I have wondered the same thing although.

sudah 9 bulan berlalu, dan catatan ini memang terbukti benar. ga pernah nemu ada alts sejak bergabung di nostr. bahkan crypto boys/girls localan juga ga ada. kalaupun ada akunnya , rata rata sudah mati suri.

#bitcoin #maxi

nostr:note1gzuwepe2em0dwm0zxpzq567lmneyyeu359fcasv0wz6khzeywakq5ty4ry