Coinbase CEO Brian Armstrong says that the approval of #Bitcoin ETFs have been good for business https://video.nostr.build/5a9d82b30114787751008fdbb5674e6c89ea5fb64b4971ce142446602d9ce03e.mp4
Literally watching the video on tv while reading your post 😂
How would you feel if most #nostr relays or nodes would actually run on #aws #microsoft & #google servers? Would you even care?
Of course but my thankfulness to you for discussions like this is priceless 🤝
… storage that comes with a cost. Not the protocols problem I guess
all posts will be deleted for sure if not stored at a non-free relay? Hm … also interesting, thanks!
Proof of Stake means that every node must hold the whole chain to be able to verify on. Every Server is a client and every client is a server. Every new block is then distributed to every node. Every transaction is stored if verified at every single Node.
Is there a maximum of letters someone can post within a single post? Everything is just a bunch of zeroes and ones at the end of the day. A Video or whatever could also just be coded in text. There must be something to either prevent it or it is simply allowed and someone could just post brutal amounts of data.
Depends on the context. A relay must also be a node but a node must not be a relay. Like a bitcoin node is a verifier most of the time but not a relay.
Hm … in my understanding, a relay takes something and forward it to someone/something else. If this is the case, the relay only stores the „transaction“, not the data itself. If this is the case, the demand on raw space is similar to the Block- or TimeChain and thus can be manageable and scalable. But still, if someone wants to use the nostr protocol for let’s say, the next YouTube or something similar and the data is really stored redundantly at relay level, it will create incredible amounts of data that not only needs to be stored but also kept in backups and things like that. If this is the case, only the ones with heavy pockets will be able to do so, right? On the other hand, nostr feels like it wants to give this ability to everyone but still the data itself must be stored somewhere right?
I haven’t been reading all the available documentation yet but I’ll do and dive deep into it in order to understand its real value.
Maybe this is a kind of “Enterprise” replacement and if someone can’t afford to do so at least there is a chance to grow with the network and do it by collecting Sats for relay services and other applications.
I did and it does help! I also think nobody here should say „I’m not a tech person“ because the fact that you are using nostr today proofs to me that you are. Even if someone don’t understand the technical details I think every single one of us is an early tech adopter. I am a tech guy, that’s why I am interested in the details of it.
I‘m not sure what exactly „secure“ means in this context. If I am connected to a relay and I am not okay with its content I could just remove it in my application and maybe connect another one. But how could I possibly analyze from which relay the information is from? If I am connected to multiple relays, will my posts be populated on all of them? That’s still kinda hard to understand atm
Agree! Feels much like a network of effort. Who ever puts the most effort to it will be shaping how people are going to use it in the future.
WOW thank you, you are my very first #zapper :D Happy Sunday to you too Friend!
I think, as open source project, the people running relays do also pay for them in the real world. I think people must still understand how to stack #SATS here. I am also struggling to understand why someone should run its own relay. What are the benefits of „owning“ a part of the nostr ecosystem. There might be people out there that clearly understand it but i am trying to get it atm.
Hi #nostr!
Okay got it, a protocol for decentralized applications, can’t be manipulated, no central authority, nice!
Also the use #Bitcoin #SATS is huge IMHO!
I see the aspect of free speech but really, how could the protocol itself possibly prevent bots to come in and scam everyone like it always has been the case?
What about storage requirements. How to store all those things, Audio, Video, maybe even live streams, tons of pictures and text of course. Who is storing all this information if it is never removed and there is no central „Server“. Is the data stored at the relay? What happens if a relay goes offline forever?
#introductions