rabble on Nostr: They haven’t said, but Jay the CEO of Bluesky was a developer working on ZCash for ...
They haven’t said, but Jay the CEO of Bluesky was a developer working on ZCash for a couple of years. Some of the other folks have experience in blockchain projects as well. I think folks shouldn’t jump to conclusions based on the current user base of Bluesky. The current users didn’t want them to open up and decentralize, and that’s the plan from the start, and it’s slowly happening.
I also know that there were talks about merging bluesky with reddit’s decentralization project, but that fell apart because the reddit folks really wanted to use their own token, similar to farcaster. Whereas the bluesky team wanted their core protocol to work without any core integration to a token or coin, more similar to how Nostr works.
What I suspect will happen is that bluesky adopts a similar hybrid approach which is what we have in Nostr. Some clients like primal use a KYC’d custodial wallet with apple’s approval and ability to buy sats via apple pay. Others let you use a custodial third party wallet like Alby via NWC. And yet others integrate with entirely non-custodial wallets.
There are a lot of regulatory issues, both with governments and appstores. It’s not as simple as saying, KYC/AML be damned. For example, Primal on iOS is a hell of a lot easier to use zaps because they’re following rules that make apple and regulators happy. Sure you give up privacy and pay an apple tax, but it’s SO MUCH EASIER to setup.
Published at
2024-04-25 01:38:01Event JSON
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"content": "They haven’t said, but Jay the CEO of Bluesky was a developer working on ZCash for a couple of years. Some of the other folks have experience in blockchain projects as well. I think folks shouldn’t jump to conclusions based on the current user base of Bluesky. The current users didn’t want them to open up and decentralize, and that’s the plan from the start, and it’s slowly happening. \n\nI also know that there were talks about merging bluesky with reddit’s decentralization project, but that fell apart because the reddit folks really wanted to use their own token, similar to farcaster. Whereas the bluesky team wanted their core protocol to work without any core integration to a token or coin, more similar to how Nostr works. \n\nWhat I suspect will happen is that bluesky adopts a similar hybrid approach which is what we have in Nostr. Some clients like primal use a KYC’d custodial wallet with apple’s approval and ability to buy sats via apple pay. Others let you use a custodial third party wallet like Alby via NWC. And yet others integrate with entirely non-custodial wallets. \n\nThere are a lot of regulatory issues, both with governments and appstores. It’s not as simple as saying, KYC/AML be damned. For example, Primal on iOS is a hell of a lot easier to use zaps because they’re following rules that make apple and regulators happy. Sure you give up privacy and pay an apple tax, but it’s SO MUCH EASIER to setup. ",
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