statusquont on Nostr: Why is this a terrible idea? Sign a message like "BIP300: NAY" from a Bitcoin address ...
Why is this a terrible idea?
Sign a message like "BIP300: NAY" from a Bitcoin address with X amount of BTC. Then generate a brand new Nostr npub to broadcast that message to Nostr. A bot scans relays and aggregates all the notes related to a given topic to gauge sentiment based on the size of UTXO for each message.
Signers can avoid doxing their stack by using a brand new single use Nostr key not tied to their personal account. The network of users can get a sense of economic nodes preferences on matters.
Biggest flaw is that it probably captures a very very small subset of hodlers. But aren't those also the most active node runners anyway?
Over time, would signing multiple messages on multiple issues from same UTXO put your keys at risk?
Sign a message like "BIP300: NAY" from a Bitcoin address with X amount of BTC. Then generate a brand new Nostr npub to broadcast that message to Nostr. A bot scans relays and aggregates all the notes related to a given topic to gauge sentiment based on the size of UTXO for each message.
Signers can avoid doxing their stack by using a brand new single use Nostr key not tied to their personal account. The network of users can get a sense of economic nodes preferences on matters.
Biggest flaw is that it probably captures a very very small subset of hodlers. But aren't those also the most active node runners anyway?
Over time, would signing multiple messages on multiple issues from same UTXO put your keys at risk?