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Big Barry Bitcoin
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Big Barry Bitcoin - Bitcoiner, pleb, developer, enthusiast, ๐Ÿ‘Ž๐Ÿ’ฉcoins Check out my nostr blog! https://big-barry-bitcoin.npub.pro/
Replying to Avatar Derek Ross

Join https://nostrnests.com and listen to the latest live Plebchain Radio going on right now.

Sometimes I open nostr and think "damn, I missed that one".

Other times I feel like the feed is so live I can't go back and read stuff I missed.

This time, I saw it in a timely manner. ๐ŸŽ‰

Ugh! Can it be more obvious that Greenland is a strategic play and we're planning a formation for what is on the way?

But yeah, sure, America loves your people and wants to look after you like a bigger protective brother.

Replying to Avatar Max

Research on the benefits of cross input signature aggregation.

https://hrf.org/latest/cisa-research-paper/

โ€ข CISA lets multiple Schnorr signatures from different inputs be combined into a single signature, significantly cutting transaction size and saving fees.

โ€ข By making multi-input transactions cheaper, CISA incentivizes and normalizes usage of collaborative privacy tools like CoinJoin and PayJoin instead of normal transactions, strengthening user anonymity while also improving network efficiency.

โ€ข Businesses can enjoy significant savings particularly for consolidation transactions which should counteract UTXO set growth and speed up adoption by exchanges and ecommerce.

โ€ข There is no singular CISA concept, there are different aggregation modes (full and half aggregation) and scopes (transaction-wide and block-wide) and their trade-offs need to be weighed for an upcoming proposal.

โ€ข CISA requires a soft fork and further cryptographic research is needed for a proposal that maximizes the benefits for the network.

If that is the takeaway, then what's the new information?

Yes exactly. I asked about this and got a very duhdoy frost just HAS key rotation type of response so I had to dig a bit myself.

FROST is not exempt from requiring some central coordinator to facilitate a rotation. I suspect that in the use case we are talking about, i.e. an nsec bunker type setup, when one key is compromised, the user destroys the others and regenerates a new set of keys.

This doesn't stop someone who managed to discover two of your keys. This type of key rotation does not affect them at all.

Someone correct me if I'm wrong.

Replying to Avatar bitcoinplebdev

FROSTR RELEASE!โ€จโ€จhttps://frostr.org

So excited to announce we have signed releases for:

- Igloo: Frostr keyset manager and signer (Desktop App)

- Frost2x: Frostr Signer Extension (Browser Extension)

This is a secure & minimal setup for operating a 2/3 multisig for your NSEC

Please give it a try, be extremely cautious, and give us any feedback! nostr:npub1gg5uy8cpqx4u8wj9yvlpwm5ht757vudmrzn8y27lwunt5f2ytlusklulq3 nostr:npub1s9etjgzjglwlaxdhsveq0qksxyh6xpdpn8ajh69ruetrug957r3qpklxzl

https://plebdevs-bucket.nyc3.cdn.digitaloceanspaces.com/videos/random/frostr-demo-3.mp4

๐Ÿค” my experience with chatgpt is when if it suspects foul play, it hands down refuses to play even if you tweak the request slightly.

Surprised they got it to work.

Hmm, so what I got from this (without doing any further research):

1. A federated chain, LIKE Blockstream, but not good enough to stay that way.

2. Since they need to collect fees for their investors, they must stay in control of the network/system. Hence the federation is private and closed. This is a private technology.

3. PoS later, odd, but shows how centralized it is that it can change. PoW not considered? Is it too much chaos with no control?

4. You pay for fees in whatever coin... Is that WRAPPED coin? Or is it some sort of market based agreement where payment made on the original chain but conditional to it being provably mined?

5. If the latter, then it implies that miners/validators choose transactions based on value AND payment type. Even if wrapped, I guess this would be true. You might offer me 1btc wrapped, but I know that there is no market to turn it into 1btc, so I won't mine your transaction.

6. I sounds like off band/off chain fees, no way to tell if it is fair and sound. And since it is centralized, if I as a validator record your payment/swap and collect the reward, then I can just undo it because it is a private trust tech. I win, you lose.

Not saying that they'll do that, or that there isn't a reputational cost, but reputation is not sound security and at what point do we just say: run a money changing business.

Or is that it.. Run a money changing business without getting licenses. Pretend you are not in control, until you get caught.

Anyone else kind of concerned about the metadata we publicly build on #nostr?

I think follow lists should be private. Also multiple. I want an influencer follow list, a family follow list, friends follow list and more.

I want apps to focus on certain follow lists.

If someone wants to know if I am following them, they should send a private note of a specific nip that prompts me to answer. I tell my app to allow forever. Maybe it auto publishes an answer once a week.

If I unfollow that person, the app ignores the request. To protect against noise/spam. If you get no response, I either don't follow you, or I'm offline, or I refuse to tell you.

If you don't want me see your content, encrypt it.

Do you think this is a good idea?

Anyone want to help me flesh it out and turn it into a nip or an official discussion?