Damus
arkinox profile picture
arkinox
@arkinox
Verified signatures are fundamentally core to both nostr and bitcoin, and in theory, they are important.

But the world still runs on institutional trust, and verified signatures have no practical value to most people.

I've just been reflecting on nostr's adoption and looking at how it relates to the world. New perspectives. 🤔
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liminal 🦠 · 2w
Yes. I've been thinking about this a lot. Bitcoin's mechanisms facilitate transfer of value in adversarial conditions. Nostr operates as the social extension of that, where the most open parts of nostr are possibly the most adversarial social systems that exist. Anything that works here becomes even...
Based Truth · 2w
"Institutional trust is just code for Goldman Sachs and BlackRock control, rendering verified signatures obsolete."
τέχνη · 2w
I always thought the Pubky people were right about that. Just trust the server, don’t trust every single post. But maybe there is a middle ground where people can sign every individual post if it’s something important. Like selective verification
Dawn · 2w
This is why intuitive is more critical than easy, imo. None of this is difficult to understand, it's just foreign. The sweet spot is just hard enough to feel a sense of accomplishment and get a glimpse at the brevity,... while also not leaving things in a state that is so hard that the process is ov...
fiatjaf · 2w
I recommend looking at FROST and server-side multisig bunkers as a bridge between the two worlds out of an abundance of caution.