satoshe
satoshe

One barrel of oil produces the same amount of bitcoins anywhere in the universe.
However, one barrel of oil costs different amount depending on where you are on earth.
Hyperbitcoinization occurs when the gap between the price of barrel and bitcoins mined by a barrel goes to zero.

2023-01-19 10:52:48

“If you can’t beat them, join them” says all major state actors about Bitcoin in 2028.

2023-01-19 10:49:01

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Provides an incorruptible signal over noise

2023-01-18 12:15:04

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The point was always to make money, not save the world

2023-01-18 12:12:49

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Does this actually work?

2023-01-14 07:46:09

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Please make the tip button so that you can hold it down to set the amount to tip. Base it on a quadratic function of how long you hold the button down for!
For example:
1 sec -> 1 sats
2 sec -> 4 sats
3 sec -> 9 sats
Etc

2023-01-12 15:42:55

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Few people understand this… it is the most important thing to understand

2023-01-12 03:55:53

I need to understand this stuff about zero knowledge proofs
https://www.notamonadtutorial.com/the-hunting-of-the-zk-snark/

2023-01-05 02:53:25

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What are coinswaps? Coin join or atomic swap or neither?

2023-01-05 02:49:23

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We are in the exponential growth part of the adoption curve of open source tech, where looking backwards looks flat and looking forwards looks vertical.
1,10,100 looks flat when compared to 1000,10000,100000

2023-01-05 02:44:34

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For the first time in humanity, information can be shared without being corrupted by the state or religion

2023-01-05 02:41:45

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Most important goal of our lifetime

2023-01-05 02:41:21

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1/10000 TestFlight club NFT

2023-01-05 02:40:49

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And the rest don’t need permission to to mine ⛏🪫🏅

2023-01-05 02:32:45

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I paid $10k too, where $ is the $atoshi $ymbol

2023-01-04 14:45:59

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Use nostrplebs like the rest of us!

2023-01-04 14:42:42

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That’s actually what I did a few months ago..!

2022-12-31 07:14:03

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Obvious truth: Carbon steel is superior to cast iron, cast iron is superior to stainless steel.

2022-12-31 04:13:31

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good point. Economic theories that have false assumptions about humans in meatspace could very well be true about humans in cyberspace. So you’re saying that relays provide a public good, and relays engage in competition because users can switch relays if one underperforms (by slow latency or by not implementing NIPs). Question is: is a relay like a community? Does the model necessitate that people belong to a single community or can people belong to multiple communities?

2022-12-31 03:33:46

When I see a pubkey with lots of qqqq’s, I give more attention to their posts more. The same will be true for events.

2022-12-31 03:29:49

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I’m trying to understand taptweak too. Does anyone know if the tweak can be set to 0x0000000…000 and the resulting taproot address be valid?

2022-12-31 03:28:40

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The S9 is old tech.. and if you have cheap electricity it is still profitable

2022-12-31 03:27:38

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👯‍♀️👯👯‍♂️👯👯‍♀️🤴👯‍♂️👯👯‍♀️👯‍♂️👯

2022-12-31 03:26:12

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This is what’s wrong with economic theory. The first assumption of the model is so incorrect it hurts 🤪 “There are no costs associated with moving.”

2022-12-31 03:05:02

Does anyone know if it is possible to use a BRAIINS miner to mine nostr events? My guess is no since you need to recompute the signature every time..

2022-12-31 03:01:20

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Question is… will Apple let that happen?

2022-12-31 02:43:20

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Good point there. I agree, relays need to have a more front and center, first-class UX experience. Sort of like public/private bittorrent trackers. This will help avoid centralization

2022-12-31 02:34:32

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I believe #[1] should go silent just like Satoshi did once the core nostr devs has been established… the lore would be so powerful

2022-12-31 02:29:41

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open mat 🤝 open sats

2022-12-31 02:28:39

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*Your* plebs? Why the possession?

2022-12-31 02:27:33

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Yeah I read NIP04. I’m wondering how new NIPs can be written with better security…

2022-12-30 12:51:13

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Emojis with market value tips!

2022-12-30 12:49:36

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PoW could make sense to boost posts, but not to prevent spam. Boosting posts via micropayments can succumb to bribery or fake boosts… boosting via PoW is a clean, clear signal that isn’t corrupted by payments. few..

2022-12-30 12:43:39

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It’s used as a name

2022-12-30 03:21:04

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What’s the purpose of a legal name if so many people are named JohnDoe

2022-12-30 03:12:23

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You bet once we start mooning it will be all that everyone talks about… bear is more fun than bull

2022-12-30 03:04:43

#[0] followed #plebchain

2022-12-30 02:28:10

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I feel it too. Magical

2022-12-30 02:25:15

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So hard to keep up ⬆️

2022-12-30 02:20:29

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Telegram and github pull requests are where it’s at. Fiatjaf is very active there

2022-12-30 02:16:33

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We need relay relayers or “proxies”. Its relays all the way down 🐢🐢🐢

2022-12-30 02:07:07

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This is how centralization begins… 👀

2022-12-30 01:58:54

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🤙

2022-12-30 01:55:58

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It’s relays all the way down.

2022-12-30 01:55:12

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I think it will be relay proxies, or relay relayers. Relays “relayers” will connect to all relays, store a local database cache. On our phones, we connect to one or two relay relayers. This will save bandwidth (only get one version of events, not events from every relay), process stats, and most importantly, run centralized ML algorithms on the cache to filter spam and algorithmically boost posts. Relay relayers will also engage in censorship (the “good” kind), but the main data layer will be uncensored and always available to everyone.

2022-12-30 01:49:15

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🗝🔒🔐🔓

2022-12-30 01:48:05

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That’s cool. Maybe one day there will be a NIP for perfect forward secrecy!

2022-12-30 01:43:16

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How does signal do it? What is the proper way to do encrypted dm without this problem?

2022-12-30 01:41:07

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Micropayments transfer value from one person to *another person*. Proof of work transfer value from one person to a *virtual/digital entity* via energy. From the perspective of the poster/sender, they look similar. From the perspective of the relay/receiver, it is entirely different. For micropayments, the receiver makes profit. For proof of work, the receiver makes no profit. That’s the different. Whether these incentive mechanisms work for spam deterrence is another question… personally, I don’t want to do proof of work on my phone for battery life. If I were a spammer, I could rent some power computer and generate pow with ease…

2022-12-30 01:26:34

#[0] please add a font size setting for damus! I want to see more posts in one flick.. higher data bandwidth for my eyes 👀

2022-12-29 15:13:24

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🤙🏽

2022-12-29 15:12:55

#plebchain gm

2022-12-29 14:53:20

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Ditto 🤙🏽

2022-12-29 14:50:53

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Nostr PoW is not for spam deterrence, as even spammers can afford compute (I.e. mobile phones cannot afford compute the same way as spammers can).

2022-12-29 14:42:07

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📈 good idea for a standalone nostr app!

2022-12-29 14:39:19

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Thanks!!

2022-12-29 00:18:21

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🤙🏽

2022-12-28 15:38:24

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🤯

2022-12-28 15:36:32

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1 BTC

2022-12-28 15:31:05

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Should be able to find some for $150 on the Rain Forest app if you set the max price filter. Less than $100.. maybe a refurbished NUC pc

2022-12-28 15:22:35

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#thankamaxi

2022-12-28 01:52:22

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word

2022-12-28 01:45:29

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Best option is a refurbished thinkpad. Even comes with a monitor and battery!

2022-12-28 01:44:09

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Fiat mindset.. toxic

2022-12-28 01:42:44

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🤙🏽

2022-12-28 01:42:05

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Shitcoins rug, bitcoins hug

2022-12-28 01:13:47

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Which relays do you subscribe to?

2022-12-28 01:04:22

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🤙🏽

2022-12-27 17:39:06

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The network finds an equilibrium between miner capital, energy costs, supply rate, hash rate

2022-12-27 02:31:43

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We need blacklists/blocklists! Should be easy.. just a list of pubkeys

2022-12-27 02:22:13

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🚀#plebchain

2022-12-27 02:20:10

Where are the memes at, nostriches?

2022-12-27 02:17:05

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Bitcoin is grassroots, we don’t need the big players. All we need is the supply rate to halve then the price will double, holding everything else constant. That’s the most conservative view. Which asset class doubles in a year?

2022-12-26 16:40:35

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🤙

2022-12-26 16:40:20

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🤙

2022-12-26 16:31:22

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What’s it like living under a rock?

2022-12-26 16:26:15

#plebchain gm

2022-12-26 16:23:28

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Yeah I agree maybe it is cleaner to have it in a different nip. I’m not convinced that nostr pow will prevent much spam. Instead it is a signaling mechanism or a way bring important notes to the forefront. Think of like a decentralized way to determine what belongs on the “front page“ based on how much energy one is willing to spend on the note

2022-12-26 16:16:57

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Prefix search is important for proof of work!!! An important part of nostr that hasn’t been leveraged yet. I believe this feature is crucial for nostr…

2022-12-26 15:12:15

Are we nostriches or nostrologists? #plebchain

2022-12-26 09:54:34

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Btc is going to outperform every asset class in 2023 — A no brainer

2022-12-26 01:39:34

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Thanks for all your passion and hard work!!
One really annoying thing is that I lose the scroll position in the global feed when I click on a post and then hit back. Doesn’t happen with home feed, only global feed. Please fix!

2022-12-25 17:19:25

#plebchain merry xmas

2022-12-25 15:10:23

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Nothing is stopping people from including a base64 representation of images and uploading it to a nostr relay as a tag or content… in fact I think that’s how it should be done for profile images…

2022-12-25 09:30:46

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Never stop stacking

2022-12-24 12:57:29

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At least nostr is on the Satoshi standard, not some premined centralized shit coin token

2022-12-24 12:53:36

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We all are

2022-12-24 12:51:04

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Savage

2022-12-24 07:48:54

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Richard Stallman is my spirit animal 🦔

2022-12-24 07:20:33

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🙋‍♂️