• 20 Posts
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Joined 1 year ago
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Cake day: June 4th, 2023

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  • You can make as many Bitcoin addresses as you want. You can look up an addresses balance but not a wallet’s balance. It’s not as clear as you’re making it sound.

    Bitcoin over Lightning is much, much more opaque, and it’s where the majority of Bitcoin transactions are now occurring. You can’t look up somebody’s balance. The only people who know about the transaction are you, the recipient, and any intermediary nodes used to forward the transaction. Privacy is continuing to improve on lightning and main chain.




  • It’s open source, and it’s fully self-custody which are two important features. Having a wallet directly integrated into the e-mail client is nice, being able to send payments to other users just knowing their e-mail address instead of their public key is pretty cool. It does automatic address rotation to preserve privacy. Wish it supported lightning for cheaper/faster transactions and additional privacy but hopefully that feature comes in time.





  • There are no protections for me if I unknowingly let some stranger use me as a host or router for CP or some pedo shit. It’s not a risk I’m willing to take. There need to be legal protections in place, like there are for ISPs.

    There are, at least in the US. That’s why running a Tor node is legal and so is a coffee-shop sharing their wifi to customers. They are not legally liable for actions of users, they are just routers.


  • Each network has its own way of addressing this with pros and cons. Personally, idc, I don’t mind being a “router” in exchange for other computers “routing” to me. I don’t mind the idea of sharing my internet connection via wifi with my neighborhood, it should be a resource for all.

    The cost of having open communication networks or free speech or privacy or any liberties is that people may use those liberties to do bad things, but I’d rather live in a world where we have liberties that sometimes get abused than in a world without liberties where those who control things get basically unlimited abuse of the same liberties we are not afforded.


  • Also it’s worth mentioning the “how to distribute content among peers” problem has mostly been solved and has for over a decade, just that nobody has built out the UX for it for a YouTube clone. Torrents exist, #freenet and #hyphanet exist, #ipfs exists, these are all excellent platforms for storing and distributing content without relying on expensive, centralized hosting. Instead, users share the burden of hosting. There’s a whole category of software that solves this problem in different ways (P2P). Unfortunately, every new generation of developers seems to want to re-invent the wheel instead of using time-tested tech that already exists but just needs a UX refresh or maybe some protocol improvements.

    If you have a tube site and it says “to skip ads, install IPFS”, everybody would be using IPFS.


  • Nostr has. Over the last two months alone, their users have “zapped” (tipped/donated) other users around 950K (nearly 1 mil!) USD worth via lightning and that number continues to grow. And it doesn’t just make it easy to pay content creators, but to also put a portion of your “zaps” towards the relay you use or development of the software if you want. If you have a nostr account, you can easily tie it to a lightning address to send/receive tips, nostr doesn’t take a fee. Relays can also portion out a bit of their zaps for the people who publish the most engaging content on their relay. The possibilities are quite extensive. And because it’s over lightning, zaps happen instantly and for pennies or less in fees. Though, you can use nostr without zaps at all.

    For those unfamiliar with nostr, it’s a decentralized social media software much like ActivityPub/mastodon, the main use right now is as a twitter/instagram clone but there’s also a reddit-style section being built up as well. Moderation abilities from the perspective of the instance/relay are identical. But one bonus if that if your relay goes down, you don’t lose your identity, since your identity and relay are separate. And if you change apps or relays (you are typically connected to multiple relays), all your content moves with you seamlessly. And the payment/zap infrastructure is all decentralized, relays don’t ever custody or manage the payments. If you tip a content creator, it goes directly from you to them. The lightning network has basically limitless transaction capacity. If you have cash app, it supports lightning, so you can already send zaps (you will need different apps to receive zaps though because cash app doesn’t support the LNURL standard). Strike natively supports it. And because it’s lightning, it works in every country automatically.

    Long-term, if I am a content creator, which “fedi”-type system is going to be attractive to me? One where users can send me tips and mircopayments or one where they can’t? This is why I think nostr is going to win out long-term over AP/Mastodon. Mastodon could add this kind of functionality but I don’t get the impression they’re open to it. People may not want to commit to yet another $5/month subscription to a YouTuber’s patreon or nebula or whatever, but they are happy to tip 1-10c after watching a video. So there’s a psychological beauty to micropayments as well. As some random person I have made like 7c on tips this month, but I’ve also given out plenty to other people.

    Source about nostr fees: https://lemmy.ml/post/17824358














  • Nostr vs Mastodon on Privacy & Autonomy:

    • Relay/instance admins can choose which content goes through their relay on either platform
    • On nostr, your DMs are encrypted. In Mastodon, the admin of the sender and receiver can read them, as can anybody else who breaks into their server
    • On nostr, a relay admin can control what goes through their relay, but they can’t stop you from following/DMing/being followed by whoever you want since you are typically connected to multiple relays at once. As long as one relay allows it, signal flows. Nostr provides the best of both worlds: moderated “public squares” according to your moderation preferences, autonomy to follow/dm/be followed by anybody you want (assuming that individual user hasn’t blocked you).
    • On mastodon, your identity is tied to your instance. If your instance goes down, you lose your follow/followee list, DMs, etc. On Nostr, it’s not, so this doesn’t happen. Mastodon provides some functionality to migrate identity between instances but it’s clunky and generally requires to have some form of advanced notice.
    • Both have all the same functions as twitter: tweet, reply, re-tweet, DM, like, etc.

    Why I think nostr will win https://lemmy.ml/post/11570081



  • Because you can choose which relays to connect to and you typically connect to multiple relays. This is all seamless. On Mastodon/fedi, an instance controls your entire view of the fediverse unless you make a separate account elsewhere and check it separately. You can’t follow or be followed by users or instances they block even if you want to. They also control your identity, since it’s tied to a relay/instance. If your relay shuts down or your account gets banned, you have to make a new account elsewhere, re-follow everybody, get everybody to re-follow you, etc. It’s a mess.

    On nostr, instance/relay admins only control that goes through their specific relay. Relay admins can, of course, share common blocklists if they want for anti-spam or anti-abuse purposes. If you want to follow somebody blocked by a relay, you are connected to other relays and the signal can flow through there. You don’t need to check multiple relays separately. If your relay closes, you don’t lose your account/identity.




  • Nostr vs Mastodon on Privacy & Autonomy:

    • Relay/instance admins can choose which content goes through their relay on either platform
    • On nostr, your DMs are encrypted. In Mastodon, the admin of the sender and receiver can read them, as can anybody else who breaks into their server
    • On nostr, a relay admin can control what goes through their relay, but they can’t stop you from following/DMing/being followed by whoever you want since you are typically connected to multiple relays at once. As long as one relay allows it, signal flows. Nostr provides the best of both worlds: moderated “public squares” according to your moderation preferences, autonomy to follow/dm/be followed by anybody you want (assuming that individual user hasn’t blocked you).
    • On mastodon, your identity is tied to your instance. If your instance goes down, you lose your follow/followee list, DMs, etc. On Nostr, it’s not, so this doesn’t happen. Mastodon provides some functionality to migrate identity between instances but it’s clunky and generally requires to have some form of advanced notice.
    • Both have all the same functions as twitter: tweet, reply, re-tweet, DM, like, etc.

    Why I think nostr will win https://lemmy.ml/post/11570081