I can't zap you 🤔

YubiKey has a larger security budget than your favorite HWW -- hardware security is a never-ending cat and mouse game.

Better to put your trust in functionally unsolvable math problems rather than "unhackable" hardware. nostr:note1704j6qaly6kxssg59trza396yzluaym5alkxv2kppk5px63grwuqx4a77f

A few are coming.

I'm Brazilian and I just heard of nostr yesterday.

#Minibits is the best off chain wallet. I said what I said.

I think it uses blossom as the data store. Notice!

Looks great in amethyst, snort, iris. Broken in primal. Don't get stuck on primal.

OK. Still don't fully grok it but I hadn't considered a 'swap' for consolidating smaller eHash. That's interesting to ponder.

Will have to think that one through some. Especially when I'm not in a minivan for 6hrs

For diners that have potatoes.

The eHash is the proof?

Pablo did a nostr based ecash wallet. I often ponder how we have pools that are completely public and shares posted to nostr somehow. Then pools bid for shares or something. Doesn't work since coinbase payout is tied to the block. But I still ponder it.

Gm.

It seems that it will be very hard for Brazil to identify and enforce the fines on VPN usage for Twitter/X. But it’s a powerful scare tactic.

When the United States banned gold ownership in the1930s (which lasted for four decades all the way into the 1970s btw), they didn’t really enforce it at the household level. They just had large prison terms that were rarely ever applied, which effectively dried up liquidity in the gold market.

Some people have pointed out that Nostr relays could be blocked by Brazilian internet providers if Nostr was big enough to matter. However, more relays could spin up, so they’d have to keep adding to the list.

Brazil’s government could then say it’s illegal to use VPNs for any Nostr app around internet censoring. The defense against that is to make Nostr as ubiquitous as possible. The more apps that tie into Nostr in some way, the harder it is to ever ban it in practice. Some people might not even know their favorite app uses Nostr. Imagine if everyone’s favorite short form app, long form app, podcasting app, reviews app, wallet app, recipes app, picture app, music app, and tons of other stuff are tied into Nostr, and how hard that would be to ban.

If Nostr becomes big enough to really matter, it’s because it’ll be tied into so many different things. That’s super powerful. And the devs keep building rapidly.

Gm.

It seems that it will be very hard for Brazil to identify and enforce the fines on VPN usage for Twitter/X. But it’s a powerful scare tactic.

When the United States banned gold ownership in the1930s (which lasted for four decades all the way into the 1970s btw), they didn’t really enforce it at the household level. They just had large prison terms that were rarely ever applied, which effectively dried up liquidity in the gold market.

Some people have pointed out that Nostr relays could be blocked by Brazilian internet providers if Nostr was big enough to matter. However, more relays could spin up, so they’d have to keep adding to the list.

Brazil’s government could then say it’s illegal to use VPNs for any Nostr app around internet censoring. The defense against that is to make Nostr as ubiquitous as possible. The more apps that tie into Nostr in some way, the harder it is to ever ban it in practice. Some people might not even know their favorite app uses Nostr. Imagine if everyone’s favorite short form app, long form app, podcasting app, reviews app, wallet app, recipes app, picture app, music app, and tons of other stuff are tied into Nostr, and how hard that would be to ban.

If Nostr becomes big enough to really matter, it’s because it’ll be tied into so many different things. That’s super powerful. And the devs keep building rapidly.

So you orange pilled one of them?

Also sorry about your dad

What ya building? Must admit first thought was why do you need to hash a currency?! :-)

I'm building this. Catch me in Berlin at btc++ or Atlanta at TABConf.

nostr:note1pgflnc342pwx863dhg0eaekah8c0lxr9pmkwakcutguwltpcpknsjk9adr

It gets better.

If the pool uses PPLNS payouts they can issues ecash tokens for each hashrate share. These tokens have indeterminate value until the next block is mined. When the pool finds a block the value of the tokens is discovered. This forms a natural boundary to rotate the ecash privkeys and start a new epoch. Once the epoch is fully cleared the pool can publish proof of reserves exactly like your proposal. Mining payouts are 100% private, transparent, and verifiable.

But wait, it gets better! Miners can sell their hashrate tokens immediately to buyers who value on-chain privacy. The buyers get a fresh KYC-free coinbase output. Miners get compensated for the privacy premium of mining rewards.

But wait, it gets better! The pool can also auction off the rare sat at the beginning of the coinbase using sighash anyonecanpay. The auction proceeds flow directly into the coinbase, allowing all miners to profit from the rare sat premium. You don't have to believe in ordinals to profit from them. Again 100% private, transparent, and verifiable to the whole world.

I can't stop thinking about this idea. DM me if you want to help build it.