Merry Solstice nostr
PoW note of the week:
We are all Satoshi Nakamoto.
Bitcoin is money. Money is math. Math can be measured and quantified objectively. A trustless system is of the highest importance with a decentralized store of value. Proof of work/Consensus/Incentives are perfect for sound money.
Nostr is identities and connections. Social connections are not math. They cannot be measured or quantified objectively. The fundamental principle of a social dynamic is one that revolves around trust.
These are not the same.
Proof of work in bitcoin functions due to the dynamics between blocks, network consensus and incentives: IE the advent of blockchain.
PoW on nostr is just an arbitrary number to meet a relay's requirements. If a spammer has profit incentive, they simply scale their difficulty accordingly. Someone with an incentive will always be willing to pay a higher price (PoW) than a casual user. The obvious outcome here is an ever increasing difficulty that makes nostr unusable for the average user.
That said PoW notes are most likely part of the solution, but very unlikely to be the entire solution. If I thought it had no value II wouldn't have released notemine last week: https://sandwichfarm.github.io/notemine
eCash stamps would be a preferable way to monetize nostr.
This would build out a Bitcoin economy and incentivize relay and media hosting.
This is what the cypher punks envisioned and would keep the nostrverse decentralized
Thanks for the heads up. Probably my poster script. It's time to update to AI bot anyway.
Here from #tiktok or #twitter? Welcome to #nostr! Introduce yourself on #introductions and find your community.
https://wavlake.com/track/8c341c9a-dbfc-42d9-af64-913cbdbb6861
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Client level mute filters.
You may have heard the news that #CraigWright is not #Satoshi. Don't be an altcoin peddler and lying piece of garbage like Craig. Support true #bitcoin developers with donations to nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f
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The incentives of pay per note (PPN) would build a strong Bitcoin-denominated worldwide economy and incentivize important infrastructure for the future of service on nostr.
Relays, media hosting, dvms, etc. If they run on Bitcoin we create the Bitcoin economy we desire.
I imagine a future where relay bots compete with each other to offer PPN nostr services so that they can pay VPS hosts in Bitcoin. Uncensorable, unstoppable, and no target for seizure of prosecution.
Put it on your ankle and your patients will think you're on work release from prison.
"Shitty admins"? True, I am a capitalist. But IMO, FREE is the path to central capture. I refer you to the current, mostly centralized internet. Nostr is an open protocol use it and provide services how you deem fit.
LOL no, but I'll zap you both for talking about the relay 🫡
You may have heard the news that #CraigWright is not #Satoshi. Don't be an altcoin peddler and lying piece of garbage like Craig. Support true #bitcoin developers with donations to nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f
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Going for 50 POW for relay ad:
80 cores 💪. If you add opencl support, I'll throw it on the RTX A6000. Or someone could write a bitaxe miner 🤣 and go for terahash POW.
You may have heard the news that #CraigWright is not #Satoshi. Don't be an altcoin peddler and lying piece of garbage like Craig. Support true #bitcoin developers with donations to nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f
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