Damus

Recent Notes

jack · 77w
we aren't talking about ai+nostr enough https://m.primal.net/KROt.png
Greg profile picture
You could use AI, but I think even smart contracts would achieve the same result. If a person clicks on the article, they auto-pay 5 cents etc.

The biggest concern IMO is that we are looking to minimize friction between two users making micropayments, and I agree that zaps (for right now) are the easiest way to accomplish this. But zaps are running on an entirely unsustainable backend, where members of the blockchain offer compute to verify transactions.

If the number of micro-transactions on the BTC blockchain suddenly skyrockets because of a new online economy which depends on this, would this even be a sustainable approach?

I am pro crypto, fiat currency is 100% not the way to go with this. Not even their centralized crypto which they want to push. But I have my doubts about BTC proof-of-work in a large scale economy, and the closest alternative ETH uses proof-of-stake yet is a centralized asset run by Buterin and the ETH dev team.

Am I wrong to question BTC on a much larger scale, and where is the POS crypto which is genuinely decentralized and optimized for frictionless micro-transactions?
1
UXI · 77w
Zaps do not use BTC layer 1 (main blockchain), it uses lightning network (layer 2) and the lightning network is extremely scalable for high frequency transaction, therefore zaps are totally suitable for micropayment.
Plate HODLing Pleb · 77w
Can someone ELI5?? Thanks in advance 🤗
Greg profile picture
It’s just that nostr doesn’t have aggressive algorithms that push certain content. Google for example has had criticism recently because they’ve catered search results to match their political bias.

Though, most nostr clients don’t have smart algorithms which expose you to new content. Mostly just naive algorithms like “Trending 24h”, which is where I slightly disagree with Dorsey here.
Lyn Alden · 78w
Anyone here do meditation? What kind?
Greg profile picture
It’s a long book but The Mind Illuminated has been helpful for me. Basic premise is to focus on the breath, and continuously improve your focus, and forgiveness after forgetting. Trying to minimize the time between forgetting to think about the breath and returning to the breath is also important.

Walks in nature are unequivocally good also.