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Replying to Avatar Pip the WoT guy

I think mints are similar to relays. Using few big relays is fastest, and if we all do it there is very low probability of missing some posts.

Same with mints, if we use few big ones it's fastest and we have lower fees (as most transactions would be intra-mint).

However, if we look at the current distribution of users per relay it's pretty good (plot from nostr.band)

Why is that?

The advantage of using multiple relays is lower probability of censorship.

Similarly, the advantage of using multiple mints is lower probability of rugs. Also, with mints there is an anti-centralisation influence, because you don't want to use the biggest mints as there is more chance of big rugs from the gov or hacks.

So I would say there is decent evidence that the distribution of mints will be more flat than that of relays.

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Niel Liesmons 1y ago

> the advantage of using multiple mints is lower probability of rugs

Why?

I get the part that only 20% of your nuts got stolen if you have 5 mints and 1 of them rugs.

But what do you do after that happens?

Add a new commodity mint that can do the same exact thing?

Add 10 more mints you don't know anything about?

Spend significant time comparing and picking mints, that all are still incentivized to rug you?

Who does any of that after being robbed?

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