bblfish on Nostr: It has been known for a long time that the most central problem on the #web was the ...
It has been known for a long time that the most central problem on the #web was the lack of a micropayment system other than advertising, leading to the enormous investment into companies that could garner more and more data about individuals, as more data meant better-targeted ads, which returned 10-1000x more than plain ads.
#nostr's integration of #lightning [1] micropayment as an extra "like" feature into the #twitter-like user experience is a great live example of how new micropayment systems can change the game. It is live, and you can try it out [2] and send people micropayments for as It Is also valuable for helping people pay devs for the user interfaces, #relays that reduce spam, reward artists, etc.… Most importantly, it will allow journalists to be rewarded without us needing to take a yearly subscription to a magazine. There is too much content on the World Wide Web for me to want to subscribe to each major paper just because it has one great article I’d be happy to pay for. With governments no longer subsidizing journalism, they may again dare to take on their essential role of questioning it intelligently.
The Lightning network is open and could be used by any other protocol, such as #Mastodon or Tim Berners-Lee’s #Solid project, or much more.
The Bblfish
PS. Attached is a picture of my transactions, showing how little money can exchange hands… from 1 sat to 500 sats thanks to #yakihonne (a company producing a client for markdown enabled #nostr), worth $0.13
PPS. #Apple asked App devs to remove the micropayment system if they don’t give them 30% of the proceeds! Luckily, these limitations cannot be placed on Web Browsers such as #Firefox or #Chrome, and other options are available to get around this.
[2] https://nostr.com/ or browse some content from one of the web clients starting from Will’s page below.
[1] https://lightning.network/
Note: I have not analyzed the technology in detail.
The integration of lightning payment was not built into the system from the start but was added by #Damus developer Will https://snort.social/p/npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s .
#nostr's integration of #lightning [1] micropayment as an extra "like" feature into the #twitter-like user experience is a great live example of how new micropayment systems can change the game. It is live, and you can try it out [2] and send people micropayments for as It Is also valuable for helping people pay devs for the user interfaces, #relays that reduce spam, reward artists, etc.… Most importantly, it will allow journalists to be rewarded without us needing to take a yearly subscription to a magazine. There is too much content on the World Wide Web for me to want to subscribe to each major paper just because it has one great article I’d be happy to pay for. With governments no longer subsidizing journalism, they may again dare to take on their essential role of questioning it intelligently.
The Lightning network is open and could be used by any other protocol, such as #Mastodon or Tim Berners-Lee’s #Solid project, or much more.
The Bblfish
PS. Attached is a picture of my transactions, showing how little money can exchange hands… from 1 sat to 500 sats thanks to #yakihonne (a company producing a client for markdown enabled #nostr), worth $0.13
PPS. #Apple asked App devs to remove the micropayment system if they don’t give them 30% of the proceeds! Luckily, these limitations cannot be placed on Web Browsers such as #Firefox or #Chrome, and other options are available to get around this.
[2] https://nostr.com/ or browse some content from one of the web clients starting from Will’s page below.
[1] https://lightning.network/
Note: I have not analyzed the technology in detail.
The integration of lightning payment was not built into the system from the start but was added by #Damus developer Will https://snort.social/p/npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s .