Introducing Kind0.io
A NIP-41 proof of concept.
What is NIP-41? A simple way to migrate from a compromised key into a new key while signaling to your followers what happened.
It works by whitelisting your next npub ahead of time and timestamping it to something that can order events chronologically (ie the Bitcoin blockchain)
When a key is lost or compromised the new key can sign a migration event, timestamp it as well and then clients can choose to act on it.
For more discussion on this, listen to nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 's recent Bitcoin.review where they go over the why and the tradeoffs.
Here’s is a very rough video of a very rough tool to implement this whole flow.
This is not the last word on key management; there is still a lot of work to be done, but this is a small step in the right direction that will allow us to migrate the existing nostr social graph to more cryptographically complex schemes for whoever wants to do that.
https://cdn.satellite.earth/3f1bf208810669bd3a9eaa7a0b9c7ff2d75d1abc893a6b2db8463d6f4923d083.mp4
Could a slight variation in this theme be used to designate disposable child keys for private messaging?
As illustration, I DM someone a child key w/ validation which opens a private message channel where they reply to that validated child key with a message and a new child key & validation of their own and we continue replying — each time designating/validating a new key for reply. As the messages are encrypted to the users disposable keys, no one need know that the child keys exist or that we have continued our conversation.
A based opinion on the role Ordinals Degens:
nostr:note1459y5528etwquxltkmeukz267738lgwv0fqd6t66sffjfqfagrzsrwc6jz
Introducing Kind0.io
A NIP-41 proof of concept.
What is NIP-41? A simple way to migrate from a compromised key into a new key while signaling to your followers what happened.
It works by whitelisting your next npub ahead of time and timestamping it to something that can order events chronologically (ie the Bitcoin blockchain)
When a key is lost or compromised the new key can sign a migration event, timestamp it as well and then clients can choose to act on it.
For more discussion on this, listen to nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 's recent Bitcoin.review where they go over the why and the tradeoffs.
Here’s is a very rough video of a very rough tool to implement this whole flow.
This is not the last word on key management; there is still a lot of work to be done, but this is a small step in the right direction that will allow us to migrate the existing nostr social graph to more cryptographically complex schemes for whoever wants to do that.
https://cdn.satellite.earth/3f1bf208810669bd3a9eaa7a0b9c7ff2d75d1abc893a6b2db8463d6f4923d083.mp4
nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft builds.
Thank you from the community of users (not builders) like me.
I second nostr:npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5 the cold card mk4 is a great device. It made me retire my less sovereign hww devices. Looking forward to the Q1 when it ships, too, for more on-the-go usability with the QR features. Also I can keep up with firmware releases just by listening to nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 Bitcoin Review podcasts.
In fairness, Biden is a great liar. He says it like he truly believes it.
Commerce, people conducting business want to conclude it and FOMO, ordinals (a sort of on chain layer 2) degenerates want to make sure they get their trinket, token, or jpeg. The next block may also have high fees, too. As fees peak people have to bump their fee with RBF or CPFP or wait a very long time for the fee market or die down. In general, high fees are a positive sign that bitcoin interest and utility is increasing.
Not required, because they are jabbing you later.
Bookmark
nostr:note1cgw4c3gahl82fuf7fevy03pu4ey3vxknztxqfyv74e69039m5spq48659g
In this case, the user paid over two orders of magnitude (100X) over what is required to get a miner to pick their transaction.
Transactions are charged a fee in sats/vbyte. Miners are incentivized to choose transactions based on how many fees they can fit into
How to sell sats to Ordinals degens? I have some high quality vintage sats still in original UTXOs.
$200/sat
DM me
Dear friends, today is a great day for online privacy!
With an overwhelming 51:2 vote, the EU parliament has decided *AGAINST CHAT CONTROL* proposed by the EU Council. It included warrantless mass surveillance of phones and circumventing end-to-end encryption.
The fight is not over yet.
We will see how the Council adjusts its stance.
So they’ll just keep doing it without permission?
Simple: #Bitcoin is becoming the “flight to quality” that it was always meant to me.
When we start printing those $100,000 dollar Obama bills and $1,000,000 dollar trump notes, $1T/sat will be right around the corner.
“Flight to quality”
nostr:note1zxdl8rem7g43fy3d6a44p98u5xsyel2d8746ljyhzduc5qptfhaqflknp4
Hard goods : hard money (2/n)
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All transactions would take place in BTC. For example , a customer loans a car for 1 BTC, then returns the car 2 years later expecting to receive the 1 BTC minus the pre-negotiated terms for damage and depreciation. The customer will expect that contract to be honored and paid out in bitcoin and not the fiat value of the depreciated car. Similarly, the depreciation and damage withheld under the contract should be valued in BTC and NOT in the new fiat value of the damage and depreciation. For both parties it should be as if fiat simply does not exist.
This requires a high level of trust that the business will hold the bitcoin as bitcoin not fiat during the length of the contract. The bitcoin should be dutifully and visibly held as a UTXO during the life of the contract.
Next time… what security protocols should be in place to reduce counterparty risk?
How come Iris on iOS has zaps but Damus doesn’t?
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Any nearby natural bodies of water to cleanse yourself in? Sometimes a physical act can stimulate a parallel emotional or mental response.