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In what ways is the architecture similar? As far as I can tell, the only similarity to Bitcoin is that it is a "permissionless" protocol. Any relay can particip
by mitchus 3y ago
In what ways is the architecture similar? As far as I can tell, the only similarity to Bitcoin is that it is a "permissionless" protocol. Any relay can participate in Nostr, just like any node can participate in Bitcoin.
- klabb3 3y agoThey’re both decentralized. Actors are identified by public keys. Messages are signed and processed by other nodes. The only high level differences are (1) Nostr does not have a persistence layer (much less one with global consensus) and (2) applications live “outside” the system whereas in the crypto world they’re either hard coded (say bitcoin) or through smart contracts that live “on-chain”, ie as part of the system. Maybe I’m missing something though. It’s just my observation.
- mitchus 3y agoGood points, they are more similar than I had perceived. The fundamental objective in Bitcoin is the decentralized construction of an immutable ledger (through consensus attained by proof-of-work). It basically is a persistence layer. Whereas the fundamental objective in Nostr is to prevent central censoring of messages, so it's more akin to a communication protocol. However, censorship resistance is also a property of Bitcoin.