FreeTrade on Nostr: I don't think proof of work on pubkeys is the best way to implement a cost on new ...
I don't think proof of work on pubkeys is the best way to implement a cost on new accounts - mostly because it's not compatible with existing accounts.
Adding a new action kind that applies proof of work to existing pubkeys might be a better way to go.
maybe ProofOfWork(existingpubkey + nonce)
Also SHA256 is not a great choice for the proof of work - it will require purchasing the pow from an ASIC hashpower supplier.
Better to have something that can be run more efficiently on desktop or mobile - maybe RandomX. That way people can create their own pow to apply to their keys.
#nostr
Adding a new action kind that applies proof of work to existing pubkeys might be a better way to go.
maybe ProofOfWork(existingpubkey + nonce)
Also SHA256 is not a great choice for the proof of work - it will require purchasing the pow from an ASIC hashpower supplier.
Better to have something that can be run more efficiently on desktop or mobile - maybe RandomX. That way people can create their own pow to apply to their keys.
#nostr