Avatar
marcan0
df478ecdffe91db90469aeced8d5a33efcaaf75231bb4d768e711184495107a7
👨‍💻 Engineer @ opennode.com 🎙️ Co-Host https://keypair.fm 🤌 Host of Jersey Shore Bitcoin Meetup

The tools we use matter.

On centralized social networks, millions of people have to shape their message to serve a single algorithm.

It’s why we have shit google results, threadbois on twitter, and career larping on LinkedIn.

As long as people keep using different clients and algorithms, nostr can stay weird.

Authenticity will win.

The future of work looks a lot like the past.

The HRF are flexing so hard rn nostr:note1tlms9qjkttsw67yjh2eec7j7jyarg34vwxg8pc0lqen6qdppg6fqd67qpt

Don't trust anybody you can't punch

AFAIK, the initial idea behind proof of work was to incur a cost to sending any message over a network as a spam deterrent.

I post a few times a day, so wouldn't mind a total of 30 seconds of my phone's battery life being used for hashing notes.

But if a shitcoin grifter needs to spam a million posts to grift someone, the cost they would incur could easily exceed the cost of the grift.

Am I missing something?

I never understood Saylor's 'orange check' idea. Pay some money to be "verified", but after that what's the cost to spam? It might work for Twitter because you can get banned and lose upside of verification, but how would that work on Nostr?

PoW at least provides a cost to every post. I won't mind 5 seconds of my phone's battery life being spent to send the occasional note, but spamming tens of millions of times occurs a cost that quickly exceeds any earnings from the grift.

IMO, PoW is the simplest answer.

Programming for #nostr has the magic development curve:

Easy to start, difficult to master.

Every time I solve one problem a new one pops up. Endless fun threads to pull :)

If I understand you correctly, during the transition super ASICs will be much more profitable and even home miners will yield a large enough margin to justify the costs.

If so, yes I agree and that makes sense.

Then the only question becomes "how fast can we migrate everything to superconductors?" 😏

I fully agree with you. Superconductor miners would definitely produce more hashes than their counterparts.

My "concern" (if you can even call it that) is simply economics of energy markets. The price per kw/h depends largely on where you mine.

Home mining typically isn't the most profitable, but you can justify it today if you use the heat your ASIC produces productively. Like heating your house, pool, or something else you would have been paying to heat anyways.

Without heat as a byproduct, miners who co-locate to cheaper energy sources are simply more profitable. The incentives shift further away from mining at home.

Quicker to just onboard them to nostr so they can earn sats from their couch.

If this superconductor thing is real, #bitcoin miners of the future won't be producing heat...

May need a new excuse to justify the added energy expense for mining at home 😂

I’m so excited for this day

The best part of my npub is the "lay" I randomly got after mining "marcan0"

It makes my name sound like a chip manufacturer and I'm here for it.

I don’t speak science. What’s the catch? Sounds way too good to be true.