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Rycarl Jorhane
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BitcoinNostr

You don't know the story on what's happening with Linux do you? Hmmmm..

Replying to Avatar Keychat

Old Nostr DM (NIP-4) integrates four capabilities into a single Nostr key—it serves as an ID, an encryption key, a receiving address, and a sending address.

The encryption key in NIP-4 does not change, so NIP-4 messages lack both forward secrecy and backward secrecy.

Consequently, if the private key is compromised, both historical and future messages can be exposed.

The receiving and sending addresses remain constant, which poses a severe issue for metadata privacy in NIP-4 messages;

Everyone can see who (ID) is sending messages to whom (ID).

Currently, most Nostr apps use NIP-4 for DM functionalities, such as Damus and Primal.

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New Nostr DM (NIP-17) integrates three capabilities into a single Nostr key—it serves as an ID, an encryption key, and a receiving address.

Kind-17 separates the sending address from the ID, making the sending address random and concealing the sender's real ID, thus improving metadata privacy.

The encryption key in NIP-17 does not change, so NIP-17 messages also lack forward secrecy and backward secrecy. Once the private key is leaked, both historical and future messages will be compromised.

The receiving address remains constant, so there is still a slight issue with metadata privacy in NIP-17 messages; everyone can see who (ID) is receiving messages.

Apps like 0xchat and Amethyst use NIP-17 to implement DM functionalities.

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In Keychat, the ID, encryption key, receiving address, and sending address are separated.

The encryption key, the receiving address, and the sending address are updated independently and continuously.

Keychat's encryption key is derived using the Signal protocol, and each message uses a unique encryption key, which is deleted after use.

Thus, Keychat messages have both forward secrecy and backward secrecy. Even if an encryption key is compromised, only the current message can be leaked, and historical and future messages remain secure.

Keychat's sending address is randomly generated for each message.

Therefore, external parties do not know the sender's ID.

Keychat's receiving address is derived using the Signal protocol, with almost every message using a unique receiving address.

Thus, external parties do not know the receiver's ID.

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However, it's important to emphasize that NIP-4 and NIP-17 offer superior multi-device synchronization capabilities because they integrate three capabilities into a single Nostr key—it serves as an ID, an encryption key, and a receiving address.

Replying to Avatar Keychat

Because there are so many different Linux distributions, we plan to adopt Flatpak (https://flatpak.org) and publish Keychat on (https://flathub.org) so that Linux users will be able to install Keychat easily from Flathub.

We also intend to add the Mini App Browser to the Linux version of Keychat, and in parallel we’re exploring future support for ARM-based desktops and laptops.

Well...it's the best option that we have right now compared to other phones..linux or regular devices. Would love to hear if you have any other good suggestion.

1) CREATION OF BITCOIN = halal because it's not created out of nothing like paper money/fiat/country's national currency but rather uses energy. Which energy? 1) Electricity/wind/solar etc to run bitcoin mining machine 2) Human energy that become node operators that run their own server on their own pc. All in the name of solving a 10 minutes encrypted mathematical puzzle and strengthening the credibility of the bitcoin network. In other words...there's actual work and effort that needs to be applied to the creation of bitcoin.

2) CREATION OF PAPER MONEY/FIAT/COUNTRY'S NATIONAL CURRENCY = haram because it uses the method of printing or creating new supply of money out of thin air and then putting it into circulation to cater new demand from the public in terms of loans applied by users mainly from financial institutions that gives birth to usury/riba which is haram in Islam = interest.

3) NONETHELESS...trading of bitcoin in the online trading platform is HARAM because there's an element of mistreatment/unjust/opression that gives the upperhand to one party whilst misery to the other in terms of bitcoin's value. Why? Because trading activity in such marketplace mostly are neither genuine nor authentic. It's manipulated by market makers. Same thing with the trading of metal either gold,silver etc/stock/etf/future/bond/option etc and other high risk category type of investment where the value of each investment product is determined by whoever has the power to moved the market. If one really insist of buying or selling bitcoin online...P2P (individual with another individual) is the way to go with cautious in mind of course and don't try to play the ' the guessing-game ' in terms of its value's movement ( margin/leverage/future ) for that actually falls under the category of gambling. Just stick to ' spot ' because ones intention was never about gambling/harming/ opressing other people. We just wanna buy it...keep it + holding it and sell it for profit when the right time comes.

Replying to Avatar Benking

What is happening to #Bitcoin?

For days on end, everyone is looking for a “single cause” for Bitcoin’s decline. But let’s accept that this is more than just a news story. This is a “systemic collapse.” In fact, a simultaneous and secondary factor is reinforcing the downward trend.

🔽The narrative that drove Bitcoin to $126,000 is no more!

The price rise from $40,000 to $126,000 was built on a single story:

“The cycle of interest rate cuts + institutional investors entering via ETFs, leading to a bullish trend.”

But now the Federal Reserve has changed its tune a bit, and that was enough to reduce the likelihood of exploitation from 90% to 40%, leaving the real yield at 5%!

That is, the narrative that the market loved is gone.

🔽ETFs that, instead of attracting money, opened the way for institutional investors to leave.

ETFs were supposed to bring smart money into the market. But the moment the macroeconomic conditions changed, the same smart money was withdrawn with just one click.

Over the past few days, more than $1.1 million in capital outflows have been recorded. It cannot be said that it was a professional move, it was completely natural and based on the rebalancing of fund managers.

🔽Long-term holders took their profits!

Those who bought between $40,000 and $80,000 sold 815,000 Bitcoins in the past 30 days. It was not out of fear, but a purely tactical decision:

Why take the risk of volatility when you are in profit by 50-150%?

🔽Last shot: Technical decline + cascade liquidations

When $100,000 was lost, stops were activated. In October and November, more than $20 billion in leveraged positions were liquidated. Several days, $3.2 billion in just one day!

In fact, the market entered a “self-reinforcing loop.”

⚠️But the most important fact: there is no

Let’s be honest:

🔻Institutionals are reducing.

🔻Long-term holders are waiting for lower prices.

🔻Retail investors are really scared.

🔻And new downloads are not coming in until the leverage is completely eliminated.

✔️The market needs to reach a level where we can clearly see the leverage being cleared or de-leveraging. Long-term holders will start accumulating again and will really be convinced that Bitcoin has value.

Let’s put it this way: Now the market needs to adjust to reality:

High yields, strong dollar, no interest rate cuts.

Wait for new policies and strategies.

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Nothing. It's still the same playbook every 4 years. Though BlackRock has the power of the printing machine and accessed of unlimited fiat supply, btc's just a game for them. They like winning. They've made money from btc's crashed at 15k riding way up all the way to 128k. Already covered FOUNDRY's btc mining costs I should say. The more things change..the more they stays the same. 2024/25(bull market).2026 bear. End of 2027..upper trajectory heading for next halving 2028. Either way..' THEY ' need back their money to cover bitcoin's mining costs. They gonna get it either early of the uptrend trajectory of the proccess like what happened end of 2023/Q1 2024 ( way way way before the actual btc's halving date ) or if not..probably later at the very last few legs of months before bull market ends like what we used to have in the 2012/13 halving..2016/17 halving and 2020/21 halving. Just my 2 sats.

Between 30k -40k.If lower...god damn..even better!!

Well for starters...X is becoming more like a pornsite rather than your regular social media like Facebook..Instagram..TikTok etc. Heck...it's even worse than Facebook...Instagram and TikTok !!