Kortik 🇦🇲 on Nostr: The aspect of self custody that everyone is overlooking is the ability to directly ...
The aspect of self custody that everyone is overlooking is the ability to directly bid on blockspace without a trusted 3rd party. The ability for users to directly bid on #Bitcoin blockspace is critical to the security model.
Trusted 3rd party introduce onchain censorship and self custody is what secures the network.
Therefore giving users a chance to bid on bitcoin blockspace w/out financial institutional control.
Published at
2024-10-26 18:35:13Event JSON
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"content": "The aspect of self custody that everyone is overlooking is the ability to directly bid on blockspace without a trusted 3rd party. The ability for users to directly bid on #Bitcoin blockspace is critical to the security model. \nTrusted 3rd party introduce onchain censorship and self custody is what secures the network. \nTherefore giving users a chance to bid on bitcoin blockspace w/out financial institutional control.",
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