Subscription relays are certainly the best option right now and I haven’t been looking into it by laziness but it just adds friction to the user experience. Of course a good crypto-economic model is complex to implement and there is no guarantee that it will work better but it has the potential to provide a more consistent experience for all users. Also are relays asking for a one time fee really sustainable? I doubt it. We’ll probably end up paying a recurring fee but also we are loosing the key value proposition of #Nostr which IMO is decentralized redundancy. I’m not sure that users are willing to pay for several subscription relays. A crypto-economic model tied to an ad platform would seem to have more potential to me. Not that is is easy to implement successfully though.

I really wish #Nostr would have some sort of built-in #crypto-economic model that would pay #relay providers. This would greatly improve and facilitate user experience with the storage of their posts.

#blockchain #relays

I think #BTC resumed its uptrend. The next target would be the $55K region.

#Bitcoin #Trading #ElliottWave #Crypto

Thanks for tackling the topic of decentralized #digitalID ! I’m sure this theme will grow in interest over the next few years. With #crypto our governments don’t have the monopoly over money creation anymore, there is no reason for them to keep the monopoly over IDs creation/management. I need to listen to this episode again because I didn’t understand all the technicalities discussed. Also it’s unclear how the proposed mechanism would prevent sybil attacks.

Instead of creating a separate ID system on top of #Monero, why not integrating with an existing decentralized digital ID #blockchain such as #Idena which is Sybil-proof?

Indeed, it should be possible to link a #XMR address to a #iDNA identity to prove that this address isn’t a #sybil address. That wouldn’t impact the anonymity of other addresses. This could even enable a fair voting (with non-Sybil participants) mechanism on top of Monero which could be a good way to manage a Monero treasury to fund developers.

The innovation #Goldbacks bring in comparison to tradition #gold products is that they democratize the action of transacting in gold. Not only gold is now accessible to all budgets but you don’t need any expert knowledge to transact it. If you know how to do additions and subtractions you can use Goldbacks. No need for specialized testing devices to know whether or not the product you hold in your hands is a counterfeit. And of course, it can be used for small transactions. I think too many underestimate what a revolutionary product these are.

#Goldback #Money #Currency

#BTC needs to break $28,228 to invalidate bearish count.

#Bitcoin #Trading #Crypto #ElliottWave

Have you tried sending large amount with #lightning?

Also you say: “I want my transactions, be they money or others forms of data, to be recorded on the longest-running, most secure and decentralised network because it is the most resilient to attacks.”

I’m sure you understand this but when using lightning the security assumptions and decentralization is mostly those of the lightning network not the #Bitcoin network. As you probably know, lightning isn’t very decentralized. Also, lightning total transactions volume is a small share of those occurring on the base layer or with wrapped #BTC. So again, it’s not proven that lightning can scale Bitcoin transactions.

Finally you say: “We're not going to take another blockchain that made immediate trade-offs for immediate solutions.”

Isn’t the exactly what #BIP300 and #drivechains will prevent us to do? What you say here seems in contradiction with your opposition to the concept of #drivechain.

#Lightning was supposed to allow #Bitcoin to scale. Do you think it has succeeded to achieve this goal?

The latest #Idena chronicles is out! Ceremony #120 is tomorrow! Good luck!

#Crypto #Blockchain #ProofofPersonhood #iDNA #DigitalID

https://medium.com/idena/idena-chronicles-116-119-44572e34d461

I don’t trust #Tether with their USD backing so I would trust them even less with their #gold backing.

#crypto

I would agree that having a 1/20 tz #goldback by itself wouldn’t make much sense but #goldbacks are fungible like regular banknotes and divisible down to 1/1000 tz. Hence, having a large denomination like the 50 goldback makes sense.

I don’t think we can compare the premium of goldbacks with #gold coins because they have different use cases. Goldbacks are a lot more spendable that gold coins. They are meant to be used like banknotes. Besides the fact that gold coins aren’t as fractionable as goldbacks, you also need a sophisticated process to ensure that they aren’t counterfeited. Goldbacks comes with built-in anti-counterfeiter elements that can easily be verified.

I would expect the goldback premium to remain higher than the gold coins premium. I would also see as likely the possibility for the goldback premium to rise at a higher rate than the price of #gold (it has happened in the past).

#Goldbacks are the most revolutionary form of #Gold the World has seen so far. It’s growth won’t be stopped.

#Goldback #Money #Currency

If can’t recall an example when state propagandists used reverse #psychology against the people then, you’ve certainly been fooled by it.

#propaganda

They are trying to pass laws to ban #VPNs in France but so far politicians are back peddling under the pressure from the civil society and #privacy advocates.

#VPN nostr:note1lyq822duqhm0aufq5zujkpvet7zjrnxvmzdr8h6yk77e6z3vtd4qtt0qax

You can use a filter to filter out data.

KYC coming next…

Nima has a YouTube channel on which more info can be found: https://youtube.com/@NoCyberwarforgames

*to divert funds from a transaction

This is an unbelievable interview in which Nima Bagheri claims that he has the proof that #AdamBack is #Satoshi and that there is an unpatchable bug in #Bitcoin that allows an attacker to divert from a transaction from the intended recipient address to the attacker’s address.

I’m curious if anyone had a chance to look into these claims?

#BTC #Monero #XMR

https://odysee.com/@MoneroTalk:8/what-it-means-for-bitcoin-if-we-know:e

Shame on the British House of Lords who voted to passe the #OnlineSafetyBill.

« Rather amusingly, the bill makes it a crime to “send a message” containing false information in clause 156…then immediately grants immunity to every newspaper, television channel and streaming service in clause 157.

Apparently it’s OK for the mainstream media to be harmful and dishonest. »

#Censorship #Privacy #UK #DigitalID #WEF

https://off-guardian.org/2023/09/20/uk-quietly-passes-online-safety-bill-into-law/