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ThomasV
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Bitcoin Electrum. Nostr Proof of Burn My Lightning address points to a notary. If you zap me, the notary will send funds to the Bitcoin miners, and it will publish a Proof of Burn for the event you zapped.

When all the more urgent stuff is done 😎

A lot of things are possible with Electrum plugins. Since version 4.6, third-party plugins can be distributed as ZIP files, and installed by users at runtime. Maybe #nostr could be used as a plugin distribution channel? Think of a decentralized AppStore powered by web of trust.

https://electrum.readthedocs.io/en/latest/plugins.html

The next release of Electrum will support 'Submarine Payments', where you pay to an on-chain address using your lightning funds.

Nostr is what Ethereum tried to achieve: decentralize all the things.

Thank you nostr:nprofile1qqspj38xer7c32wvjjp3phj6acygdayu83dkn7ttmdu5q8w5r4mc2wspzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtcppemhxue69uhkummn9ekx7mp0qythwumn8ghj7cnfw33k76twv4ezuum0vd5kzmp0qsaken nostr:nprofile1qqsvkv7p6mfnsxe3zuzees5jkk5vep52q8wlsncvvvp3spp20dvy2jspzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9mhwden5te0dehhxarj9e3kj7ndv9ezumn9wshss34s3d for organizing this great event. Bitcoin and Nostr are the perfect match!

That is a good point. Nostr users do not need to be Bitcoin users. Notaries may choose to accept lightning, but also cashu, fiat, shitcoins, or whatever they want. Commercial Nostr portals such as Primal may offer notarization to their paying users, or even to all their users, as long as they find a way to monetize it. In the end, the only thing that matters is whether notarization fees are more economical than the infrastructure cost of a free service that can be abused.

To be clear, in this context the coins are not burnt, they are sent to the Bitcoin miners. Paying the relays creates very different incentives, that lead to centralization. Indeed, relays have no reason to cooperate or to trust eachother. If you pay relay A to store and relay your notes, relay B has no reason to trust that the payment was real. In addition, if relays compete for users payments, then it becomes in their interest to spam their competitors.

It's a pity that I could not join the Deep Dive podcast. Nevertheless, they did an extraordinary job at explaining Proof-of-burn. I am deeply impressed. 🤖

https://files.f321x.com/notebooklm-audio/Bitcoin_Proof-of-Burn_Secures_Nostr_Social_Media.m4a

Proof of burn events are kind 30021 events. You can view them in Nostrudel, in the 'other' tab under the note. Also, the notary posts a 'summary' note (kind 1) for every new notarization transaction.

Hello Manchester ☀️ #bitfest #nostrshire

Abusing zaps for Proof of Burn:

I set my zap address to x@notary.electrum.org

If you zap me, the funds will go to the bitcoin miners.

The notary will publish a #proofofburn event (kind 30021) that contains a Bitcoin txid and a Merkle branch.

Nostr Proof-of-Burn demo available: https://notary.electrum.org

And yes, you can steal sats from this service :-)

You do a lightning transaction for each upvote. The on-chain transaction is done by the notary and it can aggregate millions of posts.

It may also be possible to pay the notary using cashu, or whatever they decide to accept.

The Price of Attention: Attaching Bitcoin Fees to Nostr Events

https://github.com/spesmilo/notary/blob/master/notary.pdf