What is Nostr?
Shadowbreaker /
npub1smc…39th
2023-05-17 20:06:00
in reply to nevent1q…0sg9

Shadowbreaker on Nostr: Wouldn’t it be possible to write an identity (i.e. the name of a company or a ...

Wouldn’t it be possible to write an identity (i.e. the name of a company or a person) on top of a sat turning the sat into an unique NFT? Each NFT only exists once, secured by Bitcoin network itself. Then, if a sender wants to send Bitcoin, he/she types in the name of the receivers‘ NFT and the transaction automatically is sent to the wallet that holds the receivers’ NFT. If an entity ever sends his/her/its NFT out of the own wallet, it automatically turns into a normal fungible sat again. Also the maximum amount of sats that could be turned into identity NFTs should be defined. Maybe that’s stupid, and I don’t know if that would be possible at all, but I was just thinking as a non-tech guy.
Author Public Key
npub1smcqs2zahfkrh5pt3hyvh0mh8ds3s2lulm0efhxhzfqrf3h726gqd339th