melvincarvalho on Nostr: Thanks, that’s helpful. My take is that we should really push single-use seals to ...

Thanks, that’s helpful. My take is that we should really push single-use seals to their limits first. It’s a Layer 2 solution based on (u)txos, and like with Nostr, once people see what’s possible, they’ll get it. Single-use seals might not be perfect, but they’re likely better than Tether, and people use Tether. It’d be great if folks used and tested the tech we have before asking for more features or forks.

We’re also assuming sovereign identity is just for humans, but maybe machines will use Bitcoin more than humans. We need to see how things play out to make the right trade-offs and keep in mind the risk of catastrophic failure—like a chain split. Remember, there are vested interests that might actually want a split. A fork needs both social and technical consensus and has to be something the user base, many of whom have entrusted their life savings to this, actually wants.