Nostr for Normies:

The status quo of most of the internet is that of full-custody, with no way to exit, or a way to participate in the system if you don’t accept its irrevocably custodial nature.

On the other hand we have nostr, which is the upmost self-sovereign system.

But lit comes with the tradeoff of extreme personal responsibility of holding one’s key in an even more challenging way than Bitcoin (you can’t spend your nostr into a new key if your old key becomes compromised)

Binary.

This work introduces a new scheme, with its own tradeoffs, but one that can fill the gap to help onboard the next cohort of nostr users without asking them to jump through too many hoops.

Learning the ropes of a new system is already challenging enough, asking new users to also learn about key management at the point of onboarding them is a very big ask with no clear benefit.

But I don’t want to become a custodian of a bunch of keys! What if we allow ANY provider to become an interoperable custodian and allow people to choose