Why do you want your own blockchain?
Why didn't you go straight for lightning?
Huge thanks to SimpleX's developer for coming through for the event!
Here's what he shared with us about the future of nostr:npub1exv22uulqnmlluszc4yk92jhs2e5ajcs6mu3t00a6avzjcalj9csm7d828:
-Moving off Github this year
-Flatpak support is coming very soon, like 1 week
-iPad Support this year
-Group chat on-board with 2-3 other users will eliminate the need for the admin to be online
-Will be getting rid of the "connecting" on initial sync and increase speed of on-boarding
With the new feature to hide IPs, the user is first sending it to a server they trust, which passes it to the other server. How do users know who to trust?
The app will soon be able to differentiate infrastructure operators in these ways:
-several preset providers in the app next year
-operators can self-identify with certs, it's optional - this year
-using servers of people you are friends with or know - very soon
-A user asked about a directory - but it is not coming due to privacy and trust concerns it would create
To make the network financially sustainable and provide the commercial incentive to the operators they are designing the concept of "infrastructure vouchers" that are planned for 2026.
These vouchers will:
-Will be on a private blockchain maintained by the approved operators together with the app developer(s)
-Work like gift cards, except:
-Vouchers won't be transferable from 1 user to another
-No refunds
-No wallet
-Stays in-app
-Can't be used as external money to avoid compliance requirements
-One can buy vouchers with Monero (or other cryptocurrencies), as long as XMR remains legal
-Government fiat can be used
-Voucher sellers may be different than server operators (collectors)
-It won't be just the SimpleX team selling vouchers, some decentralization
Here's more details on his commercial model:
https://github.com/simplex-chat/simplex-chat/blob/stable/docs/rfcs/2024-04-26-commercial-model.md
And if you haven't already seen the new version with slick UI, head over to https://simplex.chat
Discussion
Because I specifically do not want to use any public currency blockchain - I want an accounting method, not money. There many useful legal differences when the flow of money is the opposite to the flow of cryptographic keys. Read the doc.
Will read it! Thx for your response! btw: I really enjoy using simplex!
Uh oh blockchain run for the hills.
Moving off GitHub how.
Why not say "we" instead of "I" and pretend there is a whole team behind nostr:nprofile1qqsvnx99ww0sfall7gpv2jtz4ftc9v6wevgdd7g4hh7awkpfvwlezugpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhs38wxc9 instead of just one person just a little longer.
From the doc "When the client wants to provision infrastructure resource [...]".
Clients don't provision infrastructure.
The software vendors root key is a single point of failure. Expect your detractors to feast on it in no time.
This won't work unless there's multitude of certificate issues and infrastructure providers accept a number of them. Not a problem unless you were counting on some sort of certificate monopoly to fund development.
*issuers
"cryptographic primitive is close to gift cards, that have zero monetary value"
Gift cards are used as currency in all sorts of "unofficial" contexts.
With "zero knowledge proofs" do you have something like e-cash type blind signatures in mind? Because the Wikipedia page that you link to doesn't list that.
Btw also money is an accounting method, nothing else.
Confused why mention monero or other cryptocurrencies then?
"private" blockchain even.
LN would certainly be a downgrade to the privacy Simplex offers. And it would potentially open up to new attack vectors.
And if we look at DNM. No one serious about their privacy uses LN for that specific use case.
He said private.
Because bitcoin has no binding contract functionality to enforce or do anything