Why Nostr? What is Njump?
2023-06-07 17:34:21
in reply to

Thomas Zander [ARCHIVE] on Nostr: šŸ“… Original date posted:2015-08-08 šŸ“ Original message:I didn't say off-chain, ...

šŸ“… Original date posted:2015-08-08
šŸ“ Original message:I didn't say off-chain, and gave an example of on-chain usecase with trusted middleman.

So, no, that's not what I meant.

SentĀ onĀ theĀ go,Ā excuseĀ theĀ brevity.Ā 
Ā  Original Message Ā 
From: Adam Back
Sent: Saturday, 8 August 2015 09:50
To: Thomas Zander
Cc: Bitcoin Dev
Subject: Re: [bitcoin-dev] trust

If you are saying that some people are happy trusting other people,
and so would be perfectly fine with off-chain use of Bitcoin, then we
agree and I already said that off-chain use case would be a
constructive thing for someone to improve scale and interoperability
of in the post you are replying to. However that use case is not a
strong argument for weakening Bitcoin's security to get to more scale
for that use case.

In a world where we could have scale and decentralisation, then of
course it would be nice to provide people with that outlook more
security than they seem to want. And sometimes people dont understand
why security is useful until it goes wrong, so it would be a useful
thing to do. (Like insurance, your money being seized by paypal out
of the blue etc). And indeed providing security at scale maybe
possible with lightning like protocols that people are working on.

Adam
Author Public Key
npub1du3xh5wgds32a5fweqkd9k45kh30wl7kv2kyu8ugz9c2ztdg00tqqvyg93