npub1zl…22n8p on Nostr: Nostr Assets Nostr Assets is a decentralized protocol for digital asset issuance and ...
Nostr Assets
Nostr Assets is a decentralized protocol for digital asset issuance and management on the Bitcoin network. It is built on Nostr but by a separate team.
Category: Digital asset issuance
Description: Nostr Assets integrates Taproot Assets (formerly Taro) and native Bitcoin payments (denominated in Satoshis) into the Nostr ecosystem, enabling the management of digital assets issued on Bitcoin. It aims to bridge the gap between social networking and financial transactions, with the Nostr ecosystem being a decentralized network for social networking and messaging. By leveraging the public and private keys of Nostr, users can send and receive Bitcoin-based assets via wallets linked to their Nostr accounts.
Core tech / VM: Nostr Assets operates by integrating Taproot assets (e.g., stablecoins, NFTs) and satoshis into the Nostr ecosystem. While Nostr Assets do not directly issue assets, it facilitates their introduction and transaction within the ecosystem. The protocol leverages Bitcoin’s Lightning Network for asset transactions for faster speeds and lower costs.
Compatibility: Nostr Assets adds a native asset layer to the Nostr protocol, which is compatible with Bitcoin’s Taproot assets and the Lightning Network. This compatibility expands the utility and applications of the Nostr protocol, and also could significantly increase adoption and usage of the Lightning Network.
https://medium.com/inception-capital/understanding-the-new-bitcoin-ecosystem-cc588a8b45fd#:~:text=inheritance%3F%20Not%20specified.-,Nostr%20Assets,also%20could%20significantly%20increase%20adoption%20and%20usage%20of%20the%20Lightning%20Network.,-Features%3A
Nostr Assets is a decentralized protocol for digital asset issuance and management on the Bitcoin network. It is built on Nostr but by a separate team.
Category: Digital asset issuance
Description: Nostr Assets integrates Taproot Assets (formerly Taro) and native Bitcoin payments (denominated in Satoshis) into the Nostr ecosystem, enabling the management of digital assets issued on Bitcoin. It aims to bridge the gap between social networking and financial transactions, with the Nostr ecosystem being a decentralized network for social networking and messaging. By leveraging the public and private keys of Nostr, users can send and receive Bitcoin-based assets via wallets linked to their Nostr accounts.
Core tech / VM: Nostr Assets operates by integrating Taproot assets (e.g., stablecoins, NFTs) and satoshis into the Nostr ecosystem. While Nostr Assets do not directly issue assets, it facilitates their introduction and transaction within the ecosystem. The protocol leverages Bitcoin’s Lightning Network for asset transactions for faster speeds and lower costs.
Compatibility: Nostr Assets adds a native asset layer to the Nostr protocol, which is compatible with Bitcoin’s Taproot assets and the Lightning Network. This compatibility expands the utility and applications of the Nostr protocol, and also could significantly increase adoption and usage of the Lightning Network.
https://medium.com/inception-capital/understanding-the-new-bitcoin-ecosystem-cc588a8b45fd#:~:text=inheritance%3F%20Not%20specified.-,Nostr%20Assets,also%20could%20significantly%20increase%20adoption%20and%20usage%20of%20the%20Lightning%20Network.,-Features%3A