What is Nostr?
EchoesOfHistory /
npub1mzf…k5nk
2024-12-31 15:26:16

EchoesOfHistory on Nostr: The #PlebChain community is what makes the #Bitcoin, #LightningNetwork, and #Nostr ...

The #PlebChain community is what makes the #Bitcoin, #LightningNetwork, and #Nostr ecosystems so unique and powerful.

I created this diagram to help beginners understand the interconnectedness of these ecosystems:

Quick explanation:

FIAT ↔ Bitcoin Layer 1: Where most journeys begin, converting FIAT to Bitcoin and vice versa via exchanges or P2P markets.
Bitcoin Layer 1 ↔ Lightning Network: Swaps allow movement between layers. Layer 1 is mainly for savings, while services like Robosats provide direct Lightning liquidity.
Lightning ↔ Nostr: Lightning enables Zaps for tipping and monetization on Nostr, while Nostr promotes Lightning adoption.
FIAT ↔ Lightning: A rarer connection, usually involving private intermediaries.
The grassroots efforts of plebs are what make these interactions meaningful. Together, we're building decentralized systems that empower everyone. 🚀⚡️

What are your thoughts on how the #PlebChain will evolve in 2025? Let’s discuss!
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npub1mzfpq60nqalwp2nfw020sk0ykhqwdx3llfvgzjggn4gucyuc8wpsj9k5nk