Olive Grove Eggs on Nostr: Checking out #Arweave It ticks a lot of boxes as a Bitcoin for data. Limited supply ...
Checking out #Arweave It ticks a lot of boxes as a Bitcoin for data. Limited supply of tokens, miners incentivised to do their proof of work and keep the data up and available for public access for 100 years. A protocol that enables all manner of apps to be built on top. Sounds very Bitcoin meets Nostr!
But why do they need to invent a token? For all the decentralised blockchain talk, a central body holds the tokens and distributes the profits. Sorry, but it just sets off alarm bells.
I would be more convinced about Nostr's censorship resistance if Nostr were to adopt the more Bitcoiny aspects of Arweave. Because I really don't grasp the Nostr relay theory. It seems so open to human interference.
Please point me to some more info to read around Nostr relay resilience. If I grasp it, you got me, but for now, it's not convincing.
But why do they need to invent a token? For all the decentralised blockchain talk, a central body holds the tokens and distributes the profits. Sorry, but it just sets off alarm bells.
I would be more convinced about Nostr's censorship resistance if Nostr were to adopt the more Bitcoiny aspects of Arweave. Because I really don't grasp the Nostr relay theory. It seems so open to human interference.
Please point me to some more info to read around Nostr relay resilience. If I grasp it, you got me, but for now, it's not convincing.