Nostr Web Client

I’d be cautious around anything that offers “smart contracts” and “DeFi”. In the past, these have gathered quite a following of scammers. There is also centralized risk here since mining this thing comes with heavy requirements as well as running a node. I also see mentions of missing block history as well which is never a good thing. I’d treat this like a casino 🎰 until time reveals all the gaps here.

WildBill 5mo ago 💬 1

There’s no smart contracts or Defi at this time. It is open sourced though and a couple of companies (KASPlex and Igra) are trying to build out smart contracts

What do you mean by mining it comes with heavy requirements? And I guess you’re talking about running a full node vs a pruned?

I have studied the missing blocks issue 3 or so years ago. This does cause some pause for concern.

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Discussion

Dozer 5mo ago 💬 1

Got it 👍 You seem to have done your own research here as well so I would go with your gut.

I’ve played the field when first coming into the space and got burned more times than I can count so you can say I’m a bit skeptical of any newish project. I applaud anyone for innovating and thinking differently. I wish you luck on this experiment moving forward.

WildBill 5mo ago

Roger. Thanks for the back and forth. I just enjoy discussing innovation and challenging ideas. Have a good one brother.