What is Nostr?
james / James Lewis
npub1nf9…xa3x
2025-01-17 02:28:55
in reply to nevent1q…3j3k

james on Nostr: For now, yes. I'm setting my sights not on this year but in five when adoption is up ...

For now, yes. I'm setting my sights not on this year but in five when adoption is up 10x and again after that. The chain doesn't need to contain all the world's transactions, but I don't want L1 to be only for the financial elite either.

2300tx/10min/8B ppl = 1tx/person per 66year
64000/10min/8B ppl = 1tx/person per 2.4year

One of two things has to happen for a self-custody future: greater block sizes scaling partially with adoption or an L2 that is trustless and doesn't require direct and proportional L1 interaction.
Author Public Key
npub1nf9vm6uhs4j7yaysmjn9eqlf7et5t6hvrkdqgpd995vcc9yfjyas0pxa3x