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Samson Mow
c9b19ffcd43e6a5f23b3d27106ce19e4ad2df89ba1031dd4617f1b591e108965
Working on nation-state #Bitcoin adoption. CEO @ JAN3, architect of the #BitcoinBonds, CEO @ Pixelmatic, and creator of Infinite Fleet. 🚀
Replying to Avatar Dug

Gm nostriches.

Jan 3, “chancellor on brink of second bailout for banks” is great for the headlines and all (no offence nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a , love your work), but today actually represents #bitcoin’s 16th birthday, when it actually used proof of work to create a chain of blocks providing a reward that could actually be spent. Happy Jan 9th everyone, next big milestone coming in soon freaks. 😘

#bitcoin #firstblockday Lfg raising a #coffeechain with the #catstr to that.

January 3rd and 9th are both important dates!

Replying to Avatar Ryan

LOL 😂

Almost a God Candle today.

Replying to Avatar Jonathan

Being an anarchist I'm very reserved about government organization's stacking sats, but nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a changed my mind. They will come for our money if they go broke, so better to let them mine their own instead of coming for ours.

Or at least introduce them to the ethos of Bitcoin in hopes of them becoming Bitcoiners.

Give a collectivist some sats and they will come to you for more. Convert a collectivist to Bitcoin and they will respect your sovereignty forever.

Replying to Avatar SatoshiBricks

💜🧡 Thanks nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a for the shout-out! Hope you had fun building! 🧡💜

Thanks for the gift!

AQUA’s target market is LATAM, which uses USDt mainly.

Pushing Nostr protocol dev to be more resilient does not mean I dislike it.

Many projects launch closed and open later. IIRC Samourai was closed source for months. We were only closed for 10 days to clean up the repo and the open sourced.

Privacy Policy and TOS parts you dislike refer to using third party services within AQUA which we have no control over.

We always push to the public repo when there are new releases. We had an urgent fix because wallets are not launching due to a port change in GDP. Our dev was up late making the fix and then went to bed. He pushed to public repo in the morning.

Don’t Trust. Verify.

Thanks for the gift all the way from Brazil! nostr:npub1vwcy6na4rcx6r43fqyxkhzzdvqufctnx06ywvrnajmq9p3mu27yqxy04ch #BitcoinTokyo2024

Replying to Avatar techfeudalist

Good post. 🙏

Your analysis though is missing a dive into the centralization gravity of the tech architecture itself.

I understand your point that there will always be a psychopath willing to subsidize freedom. Maybe that’s true and continues. It’s been true so far.

But psychopaths are not enough to keep nostr decentralized.

Relays are NOT equivalent. A relay with 100k users is not the same as a relay with two users.

Relays equal reach. Everyone wants the greatest audience for their posts and to never miss a post from someone they follow. This creates a natural incentive to connect to the largest relays.

The problem with the architecture is that nostr clients limit the number of relays you can have. For example, nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955 recommends ten or less.

This means that when you’re limited to the number of relays, you want to connect to the largest (greatest cache of content and most connected users). Nobody wants to connect to the smallest.

This creates a centralizing gravity where relays get larger and more concentrated. Eventually we could end up with 10 massive relays. There would be no need for the 11th so few people would connect to it.

As you know from your analysis on shitcoin blockchains, they have a natural centralizing gravity. They need to be faster and cheaper than their competitors. This forces them to go POS and run fewer, larger nodes to increase throughput.

Nostr’s architecture has this same centralizing gravity.

This needs to be discussed, verified, and if confirmed… then fixed.

Ultimately, we’re not on team nostr v1. We’re all on team freedom and privacy.

nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s nostr:npub1gcxzte5zlkncx26j68ez60fzkvtkm9e0vrwdcvsjakxf9mu9qewqlfnj5z

It worries me that the answer to this is always “don’t worry.”

It doesn’t even have to. Relays can self sensor if there’s a threat. Just look at Phoenix pulling out of the US.

Either Nostr evolves to have every client being a relay, or it will fail. The risk is the same as that of LSPs.

Think adversarially and think far into the future. Imagine Nostr running at Telegram scale with 1B users, not the tight knit community is now.

I started out with 9 relays when I created my profile here. 4 are dead now and Nostr is a lot bigger. I don’t think it’s fair to say that there will be more relays as it grows and not have a clear incentive you can point to for why people will suddenly run more.

I think all the recent events with Telegram and Samourai should be a clear indicator of where things are going.

Having many relays doesn’t help if they all have nice URLs and the operators can be easily identified.