nostr 101
An overview of the nostr protocol and the future of scalable decentralized web applications.
An overview of the nostr protocol for discussion on March 20, 2023.
Why did we need it?
- Decentralize the web: resist censorship, regain privacy, avoid the algos
- Blockchains can't do this: the web is 175 zettabytes = 350 bitcoin nodes x 8 billion people with no redundancy
- Free speech: rights of the consumer vs. rights of the platform
What is it?
- Notes and Other Stuff Transmitted by Relay
How does it work?
What can it do?
- "Twitter" and other social media
- Scalable decentralized apps without a blockchain or token
- Check the math
What can't it do?
- Trustless prevention of double spends
- Consistency: no single global state
- Identity:
https://cash.app/.well-known/nostr.json?name=jack
How is it going?
How do I join?
What comes next?
- Zaps (NIP-57): Micropayments and content monetization
- Badges (NIP-58): "NFT" use cases like "access", "community", "accomplishment" without a speculative token
- Nostr 2.0?
- purple pill -> orange pill