People love when they receive an old coin or an old monetary note. Can we build that same excitement when receiving a UTXO?

For blockchains, I would say not likely since any given UTXO could have several inputs, from several inputs, from several inputs. Not very special (many-to-many relationship).

What about a unique cryptocurrency that is not blockchain based, and UTXO can only be generated from a single input? Somewhat more special (one-to-many relationship).

Not only would eliminating the bulk of a blockchain allow each UTXO to have a more direct, special history, but it would also allow each UTXO to be more scalable since it would only require the storage of that one UTXO's ancestors.

No need to store the entire network to validate the spending of a UTXO, just store the linear UTXO ancestry of the one UTXO being spent back to the sole origin/root UTXO of the ledger.

Any mobile wallet could easily store all the proof they need for validating their UTXO, and optionally delete any UTXO and its distinct ancestry after it is spent to maintain a lean wallet of only what is needed to validate the unspent.

Sure, there are some complications that need to be sorted out when eliminating the blockchain. Such as protecting against double-spending. But are blockchains really immune to that either? Often times, there are short forks in the blockchain until a victor is picked (some choose the longest chain, some the most dense).

These are some of the ideas behind my Hauprich project, a cryptocurrency built on the Nostr protocol. Will some of them stick? Probably. Will some be tossed? Probably.

One thing I know for sure is that it is easy to criticize a new idea. In fact, it would be quite hard to conceive an new idea that is immune to criticism. So, I welcome any criticism because it only paves the path between what the new idea is and what it must become.

Follow me for more updates as I develop this project into something quite neat.

#nostr #cryptocurrency #hauprich #development #ideas

i need $1,000,000,00,000 right now

Most underrated person in bitcoin?

Hmmm, not ready for that level of commitment yet.

INCREDIBLE ARTWORK. LOL. ROFLMAO.

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BACON BACON BACON BACON

BACON BACON BACON BACON

BACON BACON BACON BACON

That's interesting. I didn't know that online testing was as option. I had to drive 5 hours to get to my testing site, so I knocked out all three at the same time. I studied for the technician and extra and just kind of winged the general.

Taking the general is a good move. HF is way funner than VHF.

Good luck.

I've been studying and I'm taking my technician exam for my ham license this evening. Any hams out there in nostr? #ham #amateur #radio

I'll pretend it's spelt incorrectly on purpose 🫡

“Even a soul submerged in sleep is hard at work and helps make something of the world.”

🌑💜😊

Time to add some protein to our dry goods storage. Traeger smoking some local beef and pork. Then into the freeze dryer.

Stack steaks.

#grownostr #plebchain #nostrhascontent

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If you hunt around a bit you can find custom blocking lists that get updated fairly often. 🙏

I turned my Old RasPi to a #pihole as suggested by the #nostr community.

It's pretty neat, blocks a good amount of ads. but it doesnt seem to block the most annoying ones, like YouTube for example.

My friend likes to add a bit of French vanilla non-dairy creamer to her coffee and asked me to look at the ingredients to see if it’s healthy or not.

Creamer is an ounce-for-ounce contender for the worst food on the planet.

The ingredients are: sugar water, water, sugar, seed oil, isolated milk protein, and chemicals.

One of my least favorite routine things about modern society is how comically bad our food is. People look back at how bad it was having cocaine in Coca Cola and stuff like that, but when you add all processed food together in a typical person’s daily consumption, it’s arguably worse than that.

👀