What is Nostr?
bob
npub1cd0…xlvx
2023-09-27 17:34:49

bob on Nostr: I’m excited to announce the launch of $prism. Nostr is many things, but most ...

I’m excited to announce the launch of $prism.

Nostr is many things, but most importantly, I believe that Nostr is Bitcoin’s first layer three technology. Bitcoin solves money, Lightning solves payments and Nostr solves identity and coordination. Similar to the Bitcoin and Lightning protocols, the Nostr protocol is permissionless and decentralized.

Nostr solves identity using a simple public key that works across any client. Nostr solves coordination by directly connecting Lightning wallets without intermediaries via Nostr wallet connect (“NWC”) and Lightning address (or ideally a future Nostr native equivalent).

There will be many incredible bitcoin experiences built with Nostr. We are making prisms.

Lightning prisms without Nostr are hard to coordinate and execute. It requires figuring out each address, a way to coordinate payout amounts, and someone taking custody of the bitcoin for a period of time to manage payouts. So we’ve seen almost no one making prisms.

Now with Nostr, they are incredibly easy. Want to create a prism on Nostr right now? Type $boost into the text of your next post on any client and we’ll make a prism with the first 10 people that repost it. We’ll post the prism on PrismPosts (npub12u7…jjmt) and you can zap it with any client that supports zap splits like Snort.social or Amethyst. Want to limit your prism to a smaller group of people? Create a listr on listr.lol like #friends and type $boost #friends. We’ll only create a prism with users that boost your post and are on your #friends list.

With NWC, payments all complete wallet to wallet, no intermediary necessary and we never touch your bitcoin. The possibilities are now endless for building new consumer experiences on top of Lightning and Bitcoin.

We started $prism to push forward the bitcoin experience on Nostr. We’ll be launching more prism products over the coming days. Follow prism (npub1arc…ggtw) or go to https://makeprisms.com to learn more.

A special thanks to gudnuf (npub1ce7…3d7m) who has been an early thought partner and the first contributor to $prism and bitcoinplebdev (npub1s9e…lxzl) who is our newest contributor.
Author Public Key
npub1cd0l3s6qgj0s6690rtkys39mgj5upwxpm4856nhmce0pyqu6xj9qh7xlvx