Nonsense. It gives a false sense of trust. Easy to pass these "audits" and still rug users.
- Raise the barrier to entry to creating a review to prevent low-effort reviews.
- Make reviews be specific about what is being reviewed (uptime, trust, speed, whatever).
- Use some kind of watchtower system instead of reviews. https://audit.8333.space/ seems like a good idea.
- On the user side, build UX that encourage people to diversify mints, warn them when they have a lot of money concentrated, etc. I've heard people talk about this, and I'm working on something similar for relays currently which might inspire some ideas:
None of this can stop the rugpull.
Joinmarket coinjoin stats (2024-25)
🚀 ANNOUNCING: And Other Stuff
nostr:npub1wmr34t36fy03m8hvgl96zl3znndyzyaqhwmwdtshwmtkg03fetaqhjg240, nostr:npub1q3sle0kvfsehgsuexttt3ugjd8xdklxfwwkh559wxckmzddywnws6cd26p, nostr:npub1zuuajd7u3sx8xu92yav9jwxpr839cs0kc3q6t56vd5u9q033xmhsk6c2uc, and nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg are joining forces to help #GrowNostr in these five key pillars:
- Onboarding & UX
- Communities
- Private messaging
- Commerce
- AI
We launched our first collaborative product, Chorus, last week at the Oslo Freedom Forum. Chorus, enables organizers to raise permissionless money for their cause with Facebook-style groups.
The collective is backed by a $10 million grant from nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m , operating under the fiscal sponsorship of Open Collective Europe. The funds will be spent directly on contributors working collaboratively and strategically on these five key pillars.
Visit https://andotherstuff.org for more information and updates.
Cashu is not permissionless. Users need permission from mints to transact.
10 million dollars could be used without misleading users.
You only have the freedom to transact with self-custody. Anyone selling you custodial solutions as freedom tech is a fraud.
Are there any Java developers working on Nostr projects?
#AskNostr
It's not incorrect.
I hope you read the other post about market making. If it's still unclear I can share an example or you will have to test both:
- Alice creates a pool with JM=True because she already has a fidelity bond and using it for Joinmarket
- Bob and Carol join the pool
- Everyone shares aut-ct proof that proves they own a P2TR UTXO worth 0.1-0.2 BTC that is unspent until last block and aged more than 2016 blocks
Sybil resistance in coinjoin implementations: https://uncensoredtech.substack.com/p/sybil-resistance-in-coinjoin-implementations
I think Ark provides good enough privacy without giving up self custody.
He will fund the infrastructure to zap using custodial wallets on nostr.
How would it backfire?
Twitter is unusable since last few days. Richest man on earth can't hire a competent team to fix the issues.
nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk has saved Bitcoin several times, and some morons dare to criticize him.
Since 2011, Luke has been an official BIP Editor.
He volunteers to vet the proposals developers use to assess changes to #Bitcoin.
In 2013, Luke was one of the first to detect a hard fork that could have split #Bitcoin in two.
In 2017, Luke was one of the only #Bitcoin core contributors to support the UASF that eventually enacted SegWit.
The UASF proved users, not businesses or miners, drive consensus on upgrades.
Everyone can be criticized for their actions.
He is the only maintainer.
Some transactions with below dust limit are already allowed i.e. Ephemeral dust however, you can always pay ark to ark (same asp) and ln invoice even if below dust.
I won't achieve that with my mint. I would need to trust other mints.
Of course there is something there but use trusted mints or run your own not that hard today with LNbits plugin to your Lightning node ..
We are working on getting our own mint up from nostr:npub1e0dcacrqg9d5gfamyr3gageygfsgjvt9cuuzcta6kxnxvylwf4qss7xgv8 already got a LN node running payments with Sats running & our public nostr relay
If I am running a LN node, why do I need a mint? I can use LN for payments.
User experience is good especially when you get rugpulled by a mint.