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Think of cryptos more like “incentives to rational behavior” than “money” and it starts to make sense. You can incentivize, for example, data availability with
by hem777 4y ago
Think of cryptos more like “incentives to rational behavior” than “money” and it starts to make sense. You can incentivize, for example, data availability with cryptos and that opens the design space for distributed systems that don’t need to be controlled by one entity (like Twitter, for example).
- anonkogudhyfhhf 4y agoNostr already has bitcoin payments for incentives. Please example one concrete example where a blockchain is needed for nostr protocol itself
- hem777 4y agoDoes it? If so, what do the bitcoin payments incentivize?
- legutierr 4y agoThere are two places where a blockchain would be very useful in this context: guaranteeing completeness (allowing you to confirm whether or not you have downloaded all the posts ever created by a user), and preventing timestamp forgery.
- leesalminen 4y ago> guaranteeing completeness SSB has something like this but it requires a user to download another user’s entire post history before being able to see one post. Makes the experience very slow.
- anonkogudhyfhhf 4y agoYou wouldn't want text messages on a none scalable blockchain. Timestamping is already possible using the bitcoin blockchain. No token scam or new blockchain needed
- erulabs 4y agoYou sort of moved the goal posts here from "no crypto" to "doesn't need something other than bitcoin"...
- anonkogudhyfhhf 4y agoCrypto movement does not relate to bitcoin. Bitcoin was about preventing money printing and crypto is about every VC having his own private money system he sells token of I didn't say decentralised timestamping is required for a social network or any blockchain needed
- antisocialist 4y agoThat is a laughable claim. What happens if no one pays?