Nostr Web Client

If I understand the protocol, the ASP does an on-chain transaction for every round. So I guess 5 seconds is fast enough for a payment to be quick on mobile, but slow enough to allow “plenty” of ASPs to operate. Every bit of time you shave is less blockspace available for ASPs.

Tetsu Tamasi 2y ago

By on-chain you mean the ARK chain?

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Discussion

Ryan 2y ago

No. Every five seconds an ASP does a coin join round that results on a transaction on the Bitcoin blockchain.

Tetsu Tamasi 2y ago

But how? Wouldn’t that be tens of thousands of transactions every 10 min? And the costs would be astronomical

Ryan 2y ago

Basically. There’s only room for about 200-300 total ASPs if all of the blocks were taken up entirely with ark transactions.

Tetsu Tamasi 2y ago

I hate and love how you guys make me read more 🤣 GFY