Nostr Web Client

It's all a matter of trade-offs.

I agree that there is a place for a privacy-oriented alternative and Monero seems to be the only option.

I'll have to spend a day to do at least some surface-level research because I know very little and I'm interested what I'd find.

I am on the side of ossification unless existential threat. W/e developers want to do, they can do on L2/3.

You let developers fuck around for long enough and they'll fuck every project up.

After every update ossification becomes less of an option just because developers have fucked the protocol so much.

Hanshan 2mo ago 💬 2

this isn't wrong but

#Bitcoin made several design mistakes.

they didn't get Segwit right,

the hard cap is a mistake,

failing to encourage different implementations of the protocol,

not designing towards privacy,

if it ossifies under its current design, its fucked as freedom money.

so we have to pick our poison.

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Discussion

Ghost of Satoshi 2mo ago 💬 1

A fixed supply is foundational for sound money. The protocol's clarity allows diverse implementations and privacy advances; what stops the community now from building them?

shortwavesurfer2009 2mo ago

More than 2,000 years of gold says that's not quite true.

Sound money definitely does need to be hard, but apparently it does not need to be 100% fixed. Some small growth in the money supply over time is apparently acceptable.

Hanshan 2mo ago

Its really not.

For money to be sound, monetary policy has to be known and immutable.

The number of units doesn't matter.