Nostr Web Client

I think this is being overblown.

Saylor has been speaking publically about solving the issue of bots / spam for a long time now. [Having an 'orange check'].

I think what makes a digital identity system dangerous is centralisation, and the extent to which you are compelled to use it.

I haven't read his product spec yet, but so far I don't get the impression that he has betrayed either of those aspects.

[Happy to change my mind on this...]

If we accept that we're going to have to prove our age, to get in to a bar, or identify ourselves to cross a border, I'd rather do so using a zero knowledge cryptographic proof, vs whatever centralised monstrosity our local Governments carve out...

Séimí Mac Síomón 1y ago

Bitcoin is becoming increasingly inaccessible to the rest of the world because blockspace is being used for everything and anything other than transactions. I'm aware that competition for blockspace is a free market, but the more people are priced out of sending a transaction then how the fuck is Bitcoin 'freedom' money at all.

People say things like, oh, there's layer-2, but now we see that custodial layer 2 is getting shut down.

The people that need Bitcoin the most aren't going to be able to run a self custodial lightning node, and now there is the possibility that they won't be able to use Bitcoin in any meaningful way due to blockspace congestion because bitcoin is being used as a fucking database for every fucking shitcoin in town.

Sorry man, I'm wound up af.

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Discussion

Meridian 1y ago

I would need to read the product spec to be sure on this, however in the absence of the details, I would expect he would do something similar to Peter Todds Open Time Stamps project. ie use a single on-chain transaction to consolidate many multiples of DID information. A bit like transaction batching.

In that way, the layer-1 footprint of the project would be very insignificant.

Séimí Mac Síomón 1y ago

That may be so, but why is he attempting to solve this problem using Bitcoin? Everyday now, I see Bitcoin being used for something other than it's original usecase.

Now I'm a layperson, not a coder, so forgive me if the subtle nuances escape me, but this begs the question : 'Is Bitcoin deviating from it's original mission?'

Meridian 1y ago

It's the ownly truly decentralised digital infastructure that we have.

If he was to build it on Ethereum and claim that it was decentralised, he would have been just as well to have Klaus Schwab code him something up, instead.

I think there's a paralell here with the argument around Bitcoins energy use...

Most bitcoiners make the case that using all of the electricity is worth it, because of the benefits truely hard money confers on society.

Equally, most bitcoiners make the case that 1 decentralised blockchain is enough.

By the same token, if the world is to have decentralised identity [and we can debate this, as a seperate issue], then perhaps the cost of a transaction or two, per block, is worth it....

Séimí Mac Síomón 1y ago

What does this thing do that pgp doesn't?

I'll admit that I don't fully understand it.

Meridian 1y ago

I'm not sure.

Another thought I had was, why not just use Nostr public keys...

🤷‍♂️

Séimí Mac Síomón 1y ago

🤔

Séimí Mac Síomón 1y ago

Appreciate your insight btw, just to be explicitly amicable.