daominds on Nostr: what is the best source explaining the synergies of bitcoin, lightning and nostr? I ...
what is the best source explaining the synergies of bitcoin, lightning and nostr?
I am also interested in which use cases could be solved in the future.
I also know that some of this is already possible:
Decentralized Crowdfunding and Project Financing: Use Nostr as a platform for showcasing and discussing innovation projects, while the Lightning Network allows for real-time collection of contributions from supporters with immediate and nearly free transfer of Bitcoin. This would eliminate intermediaries like crowdfunding platforms, creating more direct relationships between innovators and their community.
Verified News Transmission with Micropayments: Journalists and news agencies could use Nostr to publish news and reports with verifiable authenticity. Readers could make micropayments for each article through the Lightning Network, creating a new revenue model for journalism based on quality and verifiability.
Smart Contract-Driven Publishing: Authors and artists could release their works on a Nostr-powered platform, with smart contracts running on the Bitcoin blockchain automatically collecting and distributing copyright royalties through the Lightning Network as soon as a work is consumed.
On-Demand Networking Services: Imagine a decentralized LinkedIn service on Nostr, where users pay for making business contacts or finding talent. The Lightning Network could be used for fast and efficient payments for such services.
Interactive Educational Services: Educational providers could offer real-time tutoring via Nostr, with students paying for the actual time spent with teachers in satoshis through the Lightning Network. This allows for a flexible and need-based educational access for everyone, regardless of geographical location or financial status.
Decentralized, Monetized Forums: Nostr could serve as a platform for specialized discussion forums, where participants are directly paid in Bitcoin for high-quality contributions, with the Lightning Network facilitating the transactions. This would promote high-quality content and create a new form of value generation for knowledge and participation.
Censorship-Resistant Voting System: A decentralized voting or consensus system could run on Nostr, with each vote attached to a small Bitcoin transaction via the Lightning Network to ensure participation and cover costs. Such systems could be used for everything from governance of online communities to public elections.
I am also interested in which use cases could be solved in the future.
I also know that some of this is already possible:
Decentralized Crowdfunding and Project Financing: Use Nostr as a platform for showcasing and discussing innovation projects, while the Lightning Network allows for real-time collection of contributions from supporters with immediate and nearly free transfer of Bitcoin. This would eliminate intermediaries like crowdfunding platforms, creating more direct relationships between innovators and their community.
Verified News Transmission with Micropayments: Journalists and news agencies could use Nostr to publish news and reports with verifiable authenticity. Readers could make micropayments for each article through the Lightning Network, creating a new revenue model for journalism based on quality and verifiability.
Smart Contract-Driven Publishing: Authors and artists could release their works on a Nostr-powered platform, with smart contracts running on the Bitcoin blockchain automatically collecting and distributing copyright royalties through the Lightning Network as soon as a work is consumed.
On-Demand Networking Services: Imagine a decentralized LinkedIn service on Nostr, where users pay for making business contacts or finding talent. The Lightning Network could be used for fast and efficient payments for such services.
Interactive Educational Services: Educational providers could offer real-time tutoring via Nostr, with students paying for the actual time spent with teachers in satoshis through the Lightning Network. This allows for a flexible and need-based educational access for everyone, regardless of geographical location or financial status.
Decentralized, Monetized Forums: Nostr could serve as a platform for specialized discussion forums, where participants are directly paid in Bitcoin for high-quality contributions, with the Lightning Network facilitating the transactions. This would promote high-quality content and create a new form of value generation for knowledge and participation.
Censorship-Resistant Voting System: A decentralized voting or consensus system could run on Nostr, with each vote attached to a small Bitcoin transaction via the Lightning Network to ensure participation and cover costs. Such systems could be used for everything from governance of online communities to public elections.