yup
GM #nostr! Today the Damus team is celebrating one year on the App Store! We are so excited that you're here, having fun while supporting freedom! Our dear friend l nostr:npub1lelkh3hhxw9hdwlcpk6q9t0xt9f7yze0y0nxazvzqjmre3p98x3sthkvyz has summarized the last 365 days with the help from many of you sharing your memories! Thank you so much!
https://cdn.jb55.com/s/damus-frens-2023-720p.mp4
We are also pumped to announce the launch of Damus Purple! You can be part of the roadmap for the year to come and beyond, by supporting our team with this optional membership. Currently it’s open to TestFlight users only but will be on
the App Store shortly. Thanks for joining us on this wild ride 🤙 https://damus.io/purple
superb work
verify doesnt work for me
yup
that's a lot of well deserved Zaps bro
yup
yup
stuck here... sad
2010-01-28 Where it says "# blocks" in the status column I'm changing it to say "# confirmations". That might be clearer.
If you doubleclick on the transaction you get a little more information.
The average total coins generated across the network per day stays the same. Faster machines just get a larger share than slower machines. If everyone bought faster machines, they wouldn't get more coins than before.
We should have a gentleman's agreement to postpone the GPU arms race as long as we can for the good of the network.
Lost coins can never be recovered, and the total circulation is less. Since the effective circulation is reduced, all the remaining coins are worth slightly more. It's the opposite of when a government prints money and the value of existing money goes down.
It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value.
Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases.
If there was some clever way, or if we wanted to trust someone to actively manage the money supply to peg it to something, the rules could have been programmed for that.
In this sense, it's more typical of a precious metal.
…indeed there is nobody to act as central bank or federal reserve to adjust the money supply as the population of users grows. That would have required a trusted party to determine the value, because I don't know a way for software to know the real world value of things
A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990's. I hope it's obvious it was only the centrally controlled nature of those systems that doomed them. ~ Satoshi
Bitcoin open source implementation of P2P currency
https://satoshi.nakamotoinstitute.org/posts/p2pfoundation/1/
really looking forward to this