Replying to Avatar Dustin Dannenhauer

Also ecash mints should start preparing for micro sat denominations (1 millionth of a sat) because a milli-sat isn’t small enough. We should use ecash as an alternative to rate limiting and other such use cases.
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calle 3mo ago

milli already works, do we really need micro?

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Dustin Dannenhauer 3mo ago

Yes! AFAIK it’s the best anonymous payment method for rate limiting. Suppose the following:

- 1 Bitcoin is 1M USD, so 1 sat == 1 cent

- a server running a performant Nostr relay costs $100 a month (or 10B micro sats)

- if that relay server can handle 100 requests a second, that’s ~250M requests a month

- if the relay charges 50 micro sats per request, thats 10.25B micro sats per month, which is 10,250 sats, which is $102.50.

We really actually might need nano (billionth of sat) in the future if we get massive deflation from technological progress…