@ 3bf0c63f:aefa459d

Nostr: a quick introduction, attempt #2

Nostr doesn't subscribe to any ideals of "free speech" as these belong to the realm of politics and assume a big powerful government that enforces a common ruleupon everybody else.

Nostr instead is much simpler, it simply says that servers are private property and establishes a generalized framework for people to connect to all these servers, creating a true free market in the process. In other words, Nostr is the public road that each market participant can use to build their own store or visit others and use their services.

(Of course a road is never truly public, in normal cases it's ran by the government, in this case it relies upon the previous existence of the internet with all its quirks and chaos plus a hand of government control, but none of that matters for this explanation).

More concretely speaking, Nostr is just a set of definitions of the formats of the data that can be passed between participants and their expected order, i.e. messages between clients (i.e. the program that runs on a user computer) and relays (i.e. the program that runs on a publicly accessible computer, a "server", generally with a domain-name associated) over a type of TCP connection (WebSocket) with cryptographic signatures. This is what is called a "protocol" in this context, and upon that simple base multiple kinds of sub-protocols can be added, like a protocol for "public-square style microblogging", "semi-closed group chat" or, I don't know, "recipe sharing and feedback".

@ 3bf0c63f:aefa459d

Why relay hints are important

Recently Coracle has removed support for following relay hints in Nostr event references.

Supposedly Coracle is now relying only on public key hints and kind:10002 events to determine where to fetch events from a user. That is a catastrophic idea that destroys much of Nostr's flexibility for no gain at all.

• Someone makes a post inside a community (either a NIP-29 community or a NIP-87 community) and others want to refer to that post in discussions in the external Nostr world of kind:1s -- now that cannot work because the person who created the post doesn't have the relays specific to those communities in their outbox list;
• There is a discussion happening in a niche relay, for example, a relay that can only be accessed by the participants of a conference for the duration of that conference -- since that relay is not in anyone's public outbox list, it's impossible for anyone outside of the conference to ever refer to these events;
• Some big public relays, say, relay.damus.io, decide to nuke their databases or periodically delete old events, a user keeps using that big relay as their outbox because it is fast and reliable, but chooses to archive their old events in a dedicated archival relay, say, cellar.nostr.wine, while prudently not including that in their outbox list because that would make no sense -- now it is impossible for anyone to refer to old notes from this user even though they are publicly accessible in cellar.nostr.wine;
• There are topical relays that curate content relating to niche (non-microblogging) topics, say, cooking recipes, and users choose to publish their recipes to these relays only -- but now they can't refer to these relays in the external Nostr world of kind:1s because these topical relays are not in their outbox lists.
• Suppose a user wants to maintain two different identities under the same keypair, say, one identity only talks about soccer in English, while the other only talks about art history in French, and the user very prudently keeps two different kind:10002 events in two different sets of "indexer" relays (or does it in some better way of announcing different relay sets) -- now one of this user's audiences cannot ever see notes created by him with their other persona, one half of the content of this user will be inacessible to the other half and vice-versa.
• If for any reason a relay does not want to accept events of a certain kind a user may publish to other relays, and it would all work fine if the user referenced that externally-published event from a normal event, but now that externally-published event is not reachable because the external relay is not in the user's outbox list.
• If someone, say, Alex Jones, is hard-banned everywhere and cannot event broadcast kind:10002 events to any of the commonly used index relays, that person will now appear as banned in most clients: in an ideal world in which clients followed nprofile and other relay hints Alex Jones could still live a normal Nostr life: he would print business cards with his nprofile instead of an npub and clients would immediately know from what relay to fetch his posts. When other users shared his posts or replied to it, they would include a relay hint to his personal relay and others would be able to see and then start following him on that relay directly -- now Alex Jones's events cannot be read by anyone that doesn't already know his relay.

@ 3bf0c63f:aefa459d

How to do curation and businesses on Nostr

Suppose you want to start a Nostr business.

You might be tempted to make a closed platform that reuses Nostr identities and grabs (some) content from the external Nostr network, only to imprison it inside your thing -- and then you're going to run an amazing AI-powered algorithm on that content and "surface" only the best stuff and people will flock to your app.

This will be specially good if you're going after one of the many unexplored niches of Nostr in which reading immediately from people you know doesn't work as you generally want to discover new things from the outer world, such as:

• food recipe sharing;
• sharing of long articles about varying topics;
• markets for used goods;
• freelancer work and job offers;
• specific in-game lobbies and matchmaking;
• directories of accredited professionals;
• sharing of original music, drawings and other artistic creations;
• restaurant recommendations
• and so on.

But that is not the correct approach and damages the freedom and interoperability of Nostr, posing a centralization threat to the protocol. Even if it "works" and your business is incredibly successful it will just enshrine you as the head of a platform that controls users and thus is prone to all the bad things that happen to all these platforms. Your company will start to display ads and shape the public discourse, you'll need a big legal team, the FBI will talk to you, advertisers will play a big role and so on.

If you are interested in Nostr today that must be because you appreciate the fact that it is not owned by any companies, so it's safe to assume you don't want to be that company that owns it. So what should you do instead? Here's an idea in two steps:

1. Write a Nostr client tailored to the niche you want to cover

If it's a music sharing thing, then the client will have a way to play the audio and so on; if it's a restaurant sharing it will have maps with the locations of the restaurants or whatever, you get the idea. Hopefully there will be a NIP or a NUD specifying how to create and interact with events relating to this niche, or you will write or contribute with the creation of one, because without interoperability none of this matters much.

The client should work independently of any special backend requirements and ideally be open-source. It should have a way for users to configure to which relays they want to connect to see "global" content -- i.e., they might want to connect to wss://nostr.chrysalisrecords.com/ to see only the latest music releases accredited by that label or to wss://nostr.indiemusic.com/ to get music from independent producers from that community.

1. Run a relay that does all the magic

This is where your value-adding capabilities come into play: if you have that magic sauce you should be able to apply it here. Your service, let's call it wss://magicsaucemusic.com/, will charge people or do some KYM (know your music) validation or use some very advanced AI sorcery to filter out the spam and the garbage and display the best content to your users who will request the global feed from it (["REQ", "_", {}]), and this will cause people to want to publish to your relay while others will want to read from it.

You set your relay as the default option in the client and let things happen. Your relay is like your "website" and people are free to connect to it or not. You don't own the network, you're just competing against other websites on a leveled playing field, so you're not responsible for it. Users get seamless browsing across multiple websites, unified identities, a unified interface (that could be different in a different client) and social interaction capabilities that work in the same way for all, and they do not depend on you, therefore they're more likely to trust you.

---

Does this centralize the network still? But this a simple and easy way to go about the matter and scales well in all aspects.

Besides allowing users to connect to specific relays for getting a feed of curated content, such clients should also do all kinds of "social" (i.e. following, commenting etc) activities (if they choose to do that) using the outbox model -- i.e. if I find a musician I like under wss://magicsaucemusic.com and I decide to follow them I should keep getting updates from them even if they get banned from that relay and start publishing on wss://nos.lol or wss://relay.damus.io or whatever relay that doesn't even know what music is.

The hardcoded defaults and manual typing of relay URLs can be annoying. But I think it works well at the current stage of Nostr development. Soon, though, we can create events that recommend other relays or share relay lists specific to each kind of activity so users can get in-app suggestions of relays their friends are using to get their music from and so on. That kind of stuff can go a long way.

@ 06830f6c:34da40c5

Once upon a time their lived a young man in a lost village, I'm just kidding with you, I'm testing my blog entries on my domain. SITE

Navigate to Blogs tab and screenshot this. @ me for a chance to get zapped ⚡. I won't say how many sats, so you are not doing it due to the incentive but to help me test the domain functionality.

Love ✌️

@ 30ceb64e:7f08bdf5

Hey Freaks,

RUNSTR is a motion tracking app built on top of nostr. The project is built by TheWildHustle and TheNostrDev Team. The project has been tinkered with for about 3 months, but development has picked up and its goals and direction have become much clearer.

In a previous post I mentioned that RUNSTR was looking to become a Nike Run Club or Strava competitor, offering users an open source community and privacy focused alternative to the centralized silos that we've become used to.

I normally ramble incoherently.....even in writing, but this is my attempt to communicate the project's goals and direction as we move forward.

This is where the project is now:

Core Features

• Run Tracker: Uses an algorithm which adjusts to your phone's location permissions and stores the data on your phone locally
• Stats: Stored locally on your phone with a basic profile screen so users can monitor calories burned during runs
• Nostr Feed: Made up of kind1 notes that contain #RUNSTR and other running related hashtags
• Music: Brought to you via a wavlake API, enabling your wavlake playlists and liked songs to be seen and played in the app

Current Roadmap

• Bugs and small improvements: Fixing known issues within the client
• zap.store release: Launching a bug bounty program after release
• Clubs: Enabling running organizations to create territories for events, challenges, rewards and competition
• Testflight: Opening up the app to iOS users (currently Android only)
• Modes: Adding functionality to switch between Running, Walking, or Cycling modes

Future Roadmap

• Requested Features: Implementing features requested by club managers to support virtual events and challenges
• Blossom: Giving power users the ability to upload their data to personal blossom servers
• NIP28: Making clubs interoperable with other group chat clients like 0xchat, Keychat, and Chachi Chat
• DVM's: Creating multiple feeds based on movement mode (e.g., Walking mode shows walkstr feed)
• NIP101e: Allowing users to create run records and store them on nostr relays
• Calories over relays: Using NIP89-like functionality for users to save calorie data on relays for use in other applications
• NIP60: Implementing automatic wallet creation for users to zap and get zapped within the app

In Conclusion

I've just barely begun this thing and it'll be an up and down journey trying to push it into existence. I think RUNSTR has the potential to highlight the other things that nostr has going for it, demonstrating the protocol's interoperability, flexing its permissionless identity piece, and offering an experience that gives users a glimpse into what is possible when shipping into a new paradigm. Although we build into an environment that often offers no solutions, you'd have to be a crazy person not to try.

https://github.com/HealthNoteLabs/Runstr/releases/tag/feed-0.1.0-20250329-210157

@ 30b99916:3cc6e3fe

Chef's Notes

With spring in the air, it time to get your garden into shape. We grow our own Raspberries and Strawberries and a large portion of the harvest gets crushed up and frozen for the making of freezer jam through out the year.

We crush the berries up with a potato masher in the quantities listed in the receipt below and place them into the freezer.

The receipt below was adapted from Sure-Jell.

---

![[Freezer-Jam800.png]]

---

Details

• ⏲️ Prep time: 20 to 30 minutes
• 🍳 Cook time: 12 minutes or so
• 🍽️ Servings: 6 to 8 8-ounce jars depending on berry choice

Ingredients

Pick your jam

Strawberry Jam

• 2 cups crushed strawberries (buy 1 qt. fully ripe strawberries)
• 4 cups supar measure into a separate bowel
• Need 6 8-ounce jars or fewer with larger jar size with lids

Raspberry/Blackberry Jam

• 3 cups crushed raspberries or blackberry
• 5 1/2 cups supar measure into a separate bowel
• Need 8 8-ounce jars or fewer with larger jar size with lids

Pectin

• 3/4 cups water
• 1 package of Sure-Jell Fruit Pectin

Instructions

Step 1

1. Wash 8-ounce glass jars or larger with lids

Step 2

1. Add crushed berries into large bowl
2. Stir sugar into the crushed berries and let stand for 10 minutes while stirring occasionally.

Step 3

1. In a small sauce pan, mix water and pectin and bring to a boil while stirring constantly. Continue boiling and stirring 1 min.
2. Add pectin mixture to the fruit mixture; stir 3 min. or until most the sugar is dissolved.

Step 4

1. Fill containers immediately to within 1/2 inch of tops. Wipe off top edges of containers; immediately cover with lids. Let stand at room temperature 24 hours. Jam is now ready to use. Store in refrigerator up to 3 weeks or in freezer up to 1 year.

Bon Appétit

@ 7d33ba57:1b82db35

Pula, located at the southern tip of Istria, is a city where ancient Roman ruins meet stunning Adriatic beaches. Known for its well-preserved amphitheater, charming old town, and crystal-clear waters, Pula offers a perfect blend of history, culture, and relaxation.

🏛️ Top Things to See & Do in Pula

1️⃣ Pula Arena (Roman Amphitheater) 🏟️

• One of the best-preserved Roman amphitheaters in the world, built in the 1st century.
• Used for gladiator fights, now a venue for concerts & film festivals.
• Climb to the top for stunning sea views.

2️⃣ Explore Pula’s Old Town 🏡

• Wander through cobbled streets, past Venetian, Roman, and Austro-Hungarian architecture.
• Visit the Arch of the Sergii (a 2,000-year-old Roman triumphal arch).
• Enjoy a drink in Forum Square, home to the Temple of Augustus.

3️⃣ Relax at Pula’s Beaches 🏖️

• Hawaiian Beach (Havajska Plaža): Turquoise waters & cliffs for jumping.
• Ambrela Beach: A Blue Flag beach with calm waters, great for families.
• Pješčana Uvala: A sandy beach, rare for Croatia!

4️⃣ Cape Kamenjak Nature Park 🌿

• A wild and rugged coastline with hidden coves and crystal-clear water.
• Great for cliff jumping, kayaking, and biking.
• Located 30 minutes south of Pula.

5️⃣ Visit Brijuni National Park 🏝️

• A group of 14 islands, once Tito’s private retreat.
• Features Roman ruins, a safari park, and cycling trails.
• Accessible via boat from Fazana (15 min from Pula).

6️⃣ Try Istrian Cuisine 🍽️

• Fuži with truffles – Istria is famous for white & black truffles.
• Istrian prosciutto & cheese – Perfect with local Malvazija wine.
• Fresh seafood – Try grilled squid or buzara-style mussels.

🚗 How to Get to Pula

✈️ By Air: Pula Airport (PUY) has flights from major European cities.
🚘 By Car:
- From Zagreb: ~3 hours (270 km)
- From Ljubljana (Slovenia): ~2.5 hours (160 km)
🚌 By Bus: Regular buses connect Pula with Rovinj, Rijeka, Zagreb, and Trieste (Italy).
🚢 By Ferry: Seasonal ferries run from Venice and Zadar.

💡 Tips for Visiting Pula

✅ Best time to visit? May–September for warm weather & festivals 🌞
✅ Book Arena event tickets in advance – Summer concerts sell out fast 🎶
✅ Try local wines – Istrian Malvazija (white) and Teran (red) are excellent 🍷
✅ Explore nearby towns – Rovinj & Motovun make great day trips 🏡
✅ Cash is useful – Some small shops & markets prefer cash 💶

@ 3bf0c63f:aefa459d

About Nostr, email and subscriptions

I check my emails like once or twice a week, always when I am looking for something specific in there.

Then I go there and I see a bunch of other stuff I had no idea I was missing. Even many things I wish I had seen before actually. And sometimes people just expect and assume I would have checked emails instantly as they arrived.

It's so weird because I'm not making a point, I just don't remember to open the damn "gmail.com" URL.

---

I remember some people were making some a Nostr service a while ago that sent a DM to people with Nostr articles inside -- or some other forms of "subscription services on Nostr". It makes no sense at all.

Pulling in DMs from relays is exactly the same process (actually slightly more convoluted) than pulling normal public events, so why would a service assume that "sending a DM" was more likely to reach the target subscriber when the target had explicitly subscribed to that topic or writer?

Maybe due to how some specific clients work that is true, but fundamentally it is a very broken assumption that comes from some fantastic past era in which emails were 100% always seen and there was no way for anyone to subscribe to someone else's posts.

Building around such broken assumptions is the wrong approach. Instead we should be building new flows for subscribing to specific content from specific Nostr-native sources (creators directly or manual or automated curation providers, communities, relays etc), which is essentially what most clients are already doing anyway, but specifically Coracle's new custom feeds come to mind now.

---

This also reminds me of the interviewer asking the Farcaster creator if Farcaster made "email addresses available to content creators" completely ignoring all the cryptography and nature of the protocol (Farcaster is shit, but at least they tried, and in this example you could imagine the interviewer asking the same thing about Nostr).

I imagine that if the interviewer had asked these people who were working (or suggesting) the Nostr DM subscription flow they would have answered: "no, you don't get their email addresses, but you can send them uncensorable DMs!" -- and that, again, is getting everything backwards.

@ 3bf0c63f:aefa459d

Nostr is not decentralized nor censorship-resistant

Peter Todd has been saying this for a long time and all the time I've been thinking he is misunderstanding everything, but I guess a more charitable interpretation is that he is right.

Nostr today is indeed centralized.

Yesterday I published two harmless notes with the exact same content at the same time. In two minutes the notes had a noticeable difference in responses:

The top one was published to wss://nostr.wine, wss://nos.lol, wss://pyramid.fiatjaf.com. The second was published to the relay where I generally publish all my notes to, wss://pyramid.fiatjaf.com, and that is announced on my NIP-05 file and on my NIP-65 relay list.

A few minutes later I published that screenshot again in two identical notes to the same sets of relays, asking if people understood the implications. The difference in quantity of responses can still be seen today:

These results are skewed now by the fact that the two notes got rebroadcasted to multiple relays after some time, but the fundamental point remains.

What happened was that a huge lot more of people saw the first note compared to the second, and if Nostr was really censorship-resistant that shouldn't have happened at all.

Some people implied in the comments, with an air of obviousness, that publishing the note to "more relays" should have predictably resulted in more replies, which, again, shouldn't be the case if Nostr is really censorship-resistant.

What happens is that most people who engaged with the note are following me, in the sense that they have instructed their clients to fetch my notes on their behalf and present them in the UI, and clients are failing to do that despite me making it clear in multiple ways that my notes are to be found on wss://pyramid.fiatjaf.com.

If we were talking not about me, but about some public figure that was being censored by the State and got banned (or shadowbanned) by the 3 biggest public relays, the sad reality would be that the person would immediately get his reach reduced to ~10% of what they had before. This is not at all unlike what happened to dozens of personalities that were banned from the corporate social media platforms and then moved to other platforms -- how many of their original followers switched to these other platforms? Probably some small percentage close to 10%. In that sense Nostr today is similar to what we had before.

Peter Todd is right that if the way Nostr works is that you just subscribe to a small set of relays and expect to get everything from them then it tends to get very centralized very fast, and this is the reality today.

Peter Todd is wrong that Nostr is inherently centralized or that it needs a protocol change to become what it has always purported to be. He is in fact wrong today, because what is written above is not valid for all clients of today, and if we drive in the right direction we can successfully make Peter Todd be more and more wrong as time passes, instead of the contrary.

---

See also:

• Censorship-resistant relay discovery in Nostr
• A vision for content discovery and relay usage for basic social-networking in Nostr

@ 3bf0c63f:aefa459d

Censorship-resistant relay discovery in Nostr

In Nostr is not decentralized nor censorship-resistant I said Nostr is centralized. Peter Todd thinks it is centralized by design, but I disagree.

Nostr wasn't designed to be centralized. The idea was always that clients would follow people in the relays they decided to publish to, even if it was a single-user relay hosted in an island in the middle of the Pacific ocean.

But the Nostr explanations never had any guidance about how to do this, and the protocol itself never had any enforcement mechanisms for any of this (because it would be impossible).

My original idea was that clients would use some undefined combination of relay hints in reply tags and the (now defunct) kind:2 relay-recommendation events plus some form of manual action ("it looks like Bob is publishing on relay X, do you want to follow him there?") to accomplish this. With the expectation that we would have a better idea of how to properly implement all this with more experience, Branle, my first working client didn't have any of that implemented, instead it used a stupid static list of relays with read/write toggle -- although it did publish relay hints and kept track of those internally and supported kind:2 events, these things were not really useful.

Gossip was the first client to implement a truly censorship-resistant relay discovery mechanism that used NIP-05 hints (originally proposed by Mike Dilger) relay hints and kind:3 relay lists, and then with the simple insight of NIP-65 that got much better. After seeing it in more concrete terms, it became simpler to reason about it and the approach got popularized as the "gossip model", then implemented in clients like Coracle and Snort.

Today when people mention the "gossip model" (or "outbox model") they simply think about NIP-65 though. Which I think is ok, but too restrictive. I still think there is a place for the NIP-05 hints, nprofile and nevent relay hints and specially relay hints in event tags. All these mechanisms are used together in ZBD Social, for example, but I believe also in the clients listed above.

I don't think we should stop here, though. I think there are other ways, perhaps drastically different ways, to approach content propagation and relay discovery. I think manual action by users is underrated and could go a long way if presented in a nice UX (not conceived by people that think users are dumb animals), and who knows what. Reliance on third-parties, hardcoded values, social graph, and specially a mix of multiple approaches, is what Nostr needs to be censorship-resistant and what I hope to see in the future.

@ 3bf0c63f:aefa459d

Nostr: a quick introduction, attempt #1

Nostr doesn't have a material existence, it is not a website or an app. Nostr is just a description what kind of messages each computer can send to the others and vice-versa. It's a very simple thing, but the fact that such description exists allows different apps to connect to different servers automatically, without people having to talk behind the scenes or sign contracts or anything like that.

When you use a Nostr client that is what happens, your client will connect to a bunch of servers, called relays, and all these relays will speak the same "language" so your client will be able to publish notes to them all and also download notes from other people.

That's basically what Nostr is: this communication layer between the client you run on your phone or desktop computer and the relay that someone else is running on some server somewhere. There is no central authority dictating who can connect to whom or even anyone who knows for sure where each note is stored.

If you think about it, Nostr is very much like the internet itself: there are millions of websites out there, and basically anyone can run a new one, and there are websites that allow you to store and publish your stuff on them.

The added benefit of Nostr is that this unified "language" that all Nostr clients speak allow them to switch very easily and cleanly between relays. So if one relay decides to ban someone that person can switch to publishing to others relays and their audience will quickly follow them there. Likewise, it becomes much easier for relays to impose any restrictions they want on their users: no relay has to uphold a moral ground of "absolute free speech": each relay can decide to delete notes or ban users for no reason, or even only store notes from a preselected set of people and no one will be entitled to complain about that.

There are some bad things about this design: on Nostr there are no guarantees that relays will have the notes you want to read or that they will store the notes you're sending to them. We can't just assume all relays will have everything — much to the contrary, as Nostr grows more relays will exist and people will tend to publishing to a small set of all the relays, so depending on the decisions each client takes when publishing and when fetching notes, users may see a different set of replies to a note, for example, and be confused.

Another problem with the idea of publishing to multiple servers is that they may be run by all sorts of malicious people that may edit your notes. Since no one wants to see garbage published under their name, Nostr fixes that by requiring notes to have a cryptographic signature. This signature is attached to the note and verified by everybody at all times, which ensures the notes weren't tampered (if any part of the note is changed even by a single character that would cause the signature to become invalid and then the note would be dropped). The fix is perfect, except for the fact that it introduces the requirement that each user must now hold this 63-character code that starts with "nsec1", which they must not reveal to anyone. Although annoying, this requirement brings another benefit: that users can automatically have the same identity in many different contexts and even use their Nostr identity to login to non-Nostr websites easily without having to rely on any third-party.

To conclude: Nostr is like the internet (or the internet of some decades ago): a little chaotic, but very open. It is better than the internet because it is structured and actions can be automated, but, like in the internet itself, nothing is guaranteed to work at all times and users many have to do some manual work from time to time to fix things. Plus, there is the cryptographic key stuff, which is painful, but cool.

@ d560dbc2:bbd59238

We’ve all been there: that one task sitting on your to-do list, staring at you like a disappointed parent, and yet you keep pushing it off for absolutely no good reason. It’s not even that hard, urgent, or complicated—but somehow, it’s been haunting you for days, weeks, or maybe even months. Why do we do this to ourselves?

---

Why Do We Postpone Tasks for No Reason?

Procrastination is a sneaky beast. Even tasks that take 10 minutes, require minimal brainpower, and have no immediate deadline often get pushed aside. Here are some psychological reasons:

• Emotional Avoidance:
  Even if a task isn’t hard, a tiny emotional weight (like mild boredom or a vague “I don’t wanna”) can lead your brain to choose distractions—like scrolling through Instagram.

• Lack of Immediate Consequences:
  Without a pressing deadline, your brain tends to deprioritize the task, even if completing it would make you feel great.

• The Zeigarnik Effect:
  Unfinished tasks stick in our minds, creating mental tension. Ironically, that tension can make the task seem bigger and more daunting, encouraging further avoidance.

---

My Own “No-Reason” Procrastination Story

Let’s be real—I’ve been postponing something trivial, like organizing my desk drawer, for weeks. It’s a simple task that takes about 15 minutes. There’s no deadline, no special skill required—yet every time I open the drawer, I see the chaos of old receipts, random cables, and a half-eaten pack of gum (don’t judge!) and think, “I’ll do it later.” It’s not that I’m busy—I’ve had plenty of time to rewatch my favorite sitcom for the third time. But ignoring it has become my default, and that messy drawer now occupies mental space far beyond its physical size.

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Why These Tasks Matter More Than We Think

Those little tasks we postpone might seem harmless, but they add up to create mental clutter. That messy desk drawer isn’t just a drawer—it’s a tiny stressor that pops into your head at the worst moments, disrupting your focus on important work or relaxation.

• Mental Clutter:
  Unfinished tasks can weigh on your mind, making it harder to focus on what truly matters.

• The Bigger Picture:
  Tasks like “reply to that email” or “schedule that doctor’s appointment” may seem minor, but avoiding them can lead to unnecessary stress and lost opportunities.

---

How to Finally Tackle That Task

Here are a few strategies that have helped me break the cycle of “no-reason” procrastination:

1. The 20-Minute Rule (Thank You, Pomodoro!)

• Commit to 20 Minutes:
  Set a timer for just 20 minutes and start working on the task. You’d be surprised how much you can accomplish once you begin.

• Example:
  For my desk drawer, I set a timer, got to work, and finished in 12 minutes. That small win made me feel like a productivity superhero.

---

2. Pin It and Get a Nudge

• Use Reminders:
  Pin that nagging task (like “Organize desk drawer”) as your top priority for the day. A gentle reminder can help break the cycle of avoidance.

• Result:
  It’s like having a friend nudge you, “Hey, remember that thing you’ve been ignoring? Let’s do it now!”

---

3. Make It Fun (Yes, Really!)

• Add a Reward:
  Turn the task into something enjoyable by setting a reward. Play your favorite music, and promise yourself a treat once you’re done.

• Example:
  For my desk drawer, I put on an upbeat playlist and treated myself to a piece of chocolate when finished. Suddenly, it wasn’t a chore—it became a mini dance party with a sweet reward.

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4. Celebrate the Win

• Acknowledge Completion:
  Once you finish, take a moment to celebrate—even if it’s just a mental high-five.

• Why It Matters:
  That sense of closure clears mental clutter and builds momentum for your next task.

---

Let’s Share and Motivate Each Other

What’s that one task you’ve been postponing for no reason? Maybe it’s cleaning out your fridge, replying to a friend’s text, or finally hanging that picture frame that’s been leaning against the wall for months. Whatever it is, share your story in the comments! Let’s motivate each other to tackle these tasks and turn procrastination into progress.

Bonus points if you’ve got a funny reason for your procrastination (like, “I didn’t schedule that appointment because my doctor’s office has the worst hold music in history”).

---

Ready to stop procrastinating? Let’s get real, take that first step, and clear that mental clutter—one small win at a time!

---

@ 3bf0c63f:aefa459d

Pequenos problemas que o Estado cria para a sociedade e que não são sempre lembrados

- **vale-transporte**: transferir o custo com o transporte do funcionário para um terceiro o estimula a morar longe de onde trabalha, já que morar perto é normalmente mais caro e a economia com transporte é inexistente.
- **atestado médico**: o direito a faltar o trabalho com atestado médico cria a exigência desse atestado para todas as situações, substituindo o livre acordo entre patrão e empregado e sobrecarregando os médicos e postos de saúde com visitas desnecessárias de assalariados resfriados.
- **prisões**: com dinheiro mal-administrado, burocracia e péssima alocação de recursos -- problemas que empresas privadas em competição (ou mesmo sem qualquer competição) saberiam resolver muito melhor -- o Estado fica sem presídios, com os poucos existentes entupidos, muito acima de sua alocação máxima, e com isto, segundo a bizarra corrente de responsabilidades que culpa o juiz que condenou o criminoso por sua morte na cadeia, juízes deixam de condenar à prisão os bandidos, soltando-os na rua.
- **justiça**: entrar com processos é grátis e isto faz proliferar a atividade dos advogados que se dedicam a criar problemas judiciais onde não seria necessário e a entupir os tribunais, impedindo-os de fazer o que mais deveriam fazer.
- **justiça**: como a justiça só obedece às leis e ignora acordos pessoais, escritos ou não, as pessoas não fazem acordos, recorrem sempre à justiça estatal, e entopem-na de assuntos que seriam muito melhor resolvidos entre vizinhos.
- **leis civis**: as leis criadas pelos parlamentares ignoram os costumes da sociedade e são um incentivo a que as pessoas não respeitem nem criem normas sociais -- que seriam maneiras mais rápidas, baratas e satisfatórias de resolver problemas.
- **leis de trãnsito**: quanto mais leis de trânsito, mais serviço de fiscalização são delegados aos policiais, que deixam de combater crimes por isto (afinal de contas, eles não querem de fato arriscar suas vidas combatendo o crime, a fiscalização é uma excelente desculpa para se esquivarem a esta responsabilidade).
- **financiamento educacional**: é uma espécie de subsídio às faculdades privadas que faz com que se criem cursos e mais cursos que são cada vez menos recheados de algum conhecimento ou técnica útil e cada vez mais inúteis.
- **leis de tombamento**: são um incentivo a que o dono de qualquer área ou construção "histórica" destrua todo e qualquer vestígio de história que houver nele antes que as autoridades descubram, o que poderia não acontecer se ele pudesse, por exemplo, usar, mostrar e se beneficiar da história daquele local sem correr o risco de perder, de fato, a sua propriedade.
- **zoneamento urbano**: torna as cidades mais espalhadas, criando uma necessidade gigantesca de carros, ônibus e outros meios de transporte para as pessoas se locomoverem das zonas de moradia para as zonas de trabalho.
- **zoneamento urbano**: faz com que as pessoas percam horas no trânsito todos os dias, o que é, além de um desperdício, um atentado contra a sua saúde, que estaria muito melhor servida numa caminhada diária entre a casa e o trabalho.
- **zoneamento urbano**: torna ruas e as casas menos seguras criando zonas enormes, tanto de residências quanto de indústrias, onde não há movimento de gente alguma.
- **escola obrigatória + currículo escolar nacional**: emburrece todas as crianças.
- **leis contra trabalho infantil**: tira das crianças a oportunidade de aprender ofícios úteis e levar um dinheiro para ajudar a família.
- **licitações**: como não existem os critérios do mercado para decidir qual é o melhor prestador de serviço, criam-se comissões de pessoas que vão decidir coisas. isto incentiva os prestadores de serviço que estão concorrendo na licitação a tentar comprar os membros dessas comissões. isto, fora a corrupção, gera problemas reais: __(i)__ a escolha dos serviços acaba sendo a pior possível, já que a empresa prestadora que vence está claramente mais dedicada a comprar comissões do que a fazer um bom trabalho (este problema afeta tantas áreas, desde a construção de estradas até a qualidade da merenda escolar, que é impossível listar aqui); __(ii)__ o processo corruptor acaba, no longo prazo, eliminando as empresas que prestavam e deixando para competir apenas as corruptas, e a qualidade tende a piorar progressivamente.
- **cartéis**: o Estado em geral cria e depois fica refém de vários grupos de interesse. o caso dos taxistas contra o Uber é o que está na moda hoje (e o que mostra como os Estados se comportam da mesma forma no mundo todo).
- **multas**: quando algum indivíduo ou empresa comete uma fraude financeira, ou causa algum dano material involuntário, as vítimas do caso são as pessoas que sofreram o dano ou perderam dinheiro, mas o Estado tem sempre leis que prevêem multas para os responsáveis. A justiça estatal é sempre muito rígida e rápida na aplicação dessas multas, mas relapsa e vaga no que diz respeito à indenização das vítimas. O que em geral acontece é que o Estado aplica uma enorme multa ao responsável pelo mal, retirando deste os recursos que dispunha para indenizar as vítimas, e se retira do caso, deixando estas desamparadas.
- **desapropriação**: o Estado pode pegar qualquer propriedade de qualquer pessoa mediante uma indenização que é necessariamente inferior ao valor da propriedade para o seu presente dono (caso contrário ele a teria vendido voluntariamente).
- **seguro-desemprego**: se há, por exemplo, um prazo mínimo de 1 ano para o sujeito ter direito a receber seguro-desemprego, isto o incentiva a planejar ficar apenas 1 ano em cada emprego (ano este que será sucedido por um período de desemprego remunerado), matando todas as possibilidades de aprendizado ou aquisição de experiência naquela empresa específica ou ascensão hierárquica.
- **previdência**: a previdência social tem todos os defeitos de cálculo do mundo, e não importa muito ela ser uma forma horrível de poupar dinheiro, porque ela tem garantias bizarras de longevidade fornecidas pelo Estado, além de ser compulsória. Isso serve para criar no imaginário geral a idéia da __aposentadoria__, uma época mágica em que todos os dias serão finais de semana. A idéia da aposentadoria influencia o sujeito a não se preocupar em ter um emprego que faça sentido, mas sim em ter um trabalho qualquer, que o permita se aposentar.
- **regulamentação impossível**: milhares de coisas são proibidas, há regulamentações sobre os aspectos mais mínimos de cada empreendimento ou construção ou espaço. se todas essas regulamentações fossem exigidas não haveria condições de produção e todos morreriam. portanto, elas não são exigidas. porém, o Estado, ou um agente individual imbuído do poder estatal pode, se desejar, exigi-las todas de um cidadão inimigo seu. qualquer pessoa pode viver a vida inteira sem cumprir nem 10% das regulamentações estatais, mas viverá também todo esse tempo com medo de se tornar um alvo de sua exigência, num estado de terror psicológico.
- **perversão de critérios**: para muitas coisas sobre as quais a sociedade normalmente chegaria a um valor ou comportamento "razoável" espontaneamente, o Estado dita regras. estas regras muitas vezes não são obrigatórias, são mais "sugestões" ou limites, como o salário mínimo, ou as 44 horas semanais de trabalho. a sociedade, porém, passa a usar esses valores como se fossem o normal. são raras, por exemplo, as ofertas de emprego que fogem à regra das 44h semanais.
- **inflação**: subir os preços é difícil e constrangedor para as empresas, pedir aumento de salário é difícil e constrangedor para o funcionário. a inflação força as pessoas a fazer isso, mas o aumento não é automático, como alguns economistas podem pensar (enquanto alguns outros ficam muito satisfeitos de que esse processo seja demorado e difícil).
- **inflação**: a inflação destrói a capacidade das pessoas de julgar preços entre concorrentes usando a própria memória.
- **inflação**: a inflação destrói os cálculos de lucro/prejuízo das empresas e prejudica enormemente as decisões empresariais que seriam baseadas neles.
- **inflação**: a inflação redistribui a riqueza dos mais pobres e mais afastados do sistema financeiro para os mais ricos, os bancos e as megaempresas.
- **inflação**: a inflação estimula o endividamento e o consumismo.
- **lixo:** ao prover coleta e armazenamento de lixo "grátis para todos" o Estado incentiva a criação de lixo. se tivessem que pagar para que recolhessem o seu lixo, as pessoas (e conseqüentemente as empresas) se empenhariam mais em produzir coisas usando menos plástico, menos embalagens, menos sacolas.
- **leis contra crimes financeiros:** ao criar legislação para dificultar acesso ao sistema financeiro por parte de criminosos a dificuldade e os custos para acesso a esse mesmo sistema pelas pessoas de bem cresce absurdamente, levando a um percentual enorme de gente incapaz de usá-lo, para detrimento de todos -- e no final das contas os grandes criminosos ainda conseguem burlar tudo.

@ da0b9bc3:4e30a4a9

Hello Stackers!

Welcome on into the ~Music Corner of the Saloon!

A place where we Talk Music. Share Tracks. Zap Sats.

So stay a while and listen.

🚨Don't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!🚨

🚨Subscribe to the territory to ensure you never miss a post! 🚨

originally posted at https://stacker.news/items/929299

@ ec42c765:328c0600

test

test

@ 3bf0c63f:aefa459d

Anglicismos estúpidos no português contemporâneo

Palavras e expressões que ninguém deveria usar porque não têm o sentido que as pessoas acham que têm, são apenas aportuguesamentos de palavras inglesas que por nuances da história têm um sentido ligeiramente diferente em inglês.

Cada erro é acompanhado também de uma sugestão de como corrigi-lo.

Palavras que existem em português com sentido diferente

• submissão (de trabalhos): envio, apresentação
• disrupção: perturbação
• assumir: considerar, pressupor, presumir
• realizar: perceber
• endereçar: tratar de
• suporte (ao cliente): atendimento
• suportar (uma idéia, um projeto): apoiar, financiar
• suportar (uma função, recurso, característica): oferecer, ser compatível com
• literacia: instrução, alfabetização
• convoluto: complicado.
• acurácia: precisão.
• resiliência: resistência.

Aportuguesamentos desnecessários

• estartar: iniciar, começar
• treidar: negociar, especular

Expressões

• "não é sobre...": "não se trata de..."

Ver também

• Algumas expressões e ditados excelentes da língua portuguesa, e outras não tão excelentes assim

@ ec42c765:328c0600

test

@ 30b99916:3cc6e3fe

btcpayserver #lightning #lnd #powershell

BTCpayAPI now supports file upload

I'm continuing to add functionality to BTCpay and BTCpayAPI which is using REST Api(s) to manage my BTCPAY server and LND cloud instance. It is nice to have this just running locally on my home Linux desktop.

Here is the code that implements this functionality.

``` "Uploadfile" {

$apislug = "api/v1/files"

$filepath = Split-Path $options

$filename = Split-Path $options -Leaf

CONST

$CODEPAGE = "iso-8859-1" # alternatives are ASCII, UTF-8

Read file byte-by-byte

$fileBin = [System.IO.File]::ReadAllBytes($options)

Convert byte-array to string

$enc = [System.Text.Encoding]::GetEncoding($CODEPAGE) $fileEnc = $enc.GetString($fileBin)

We need a boundary (something random() will do best)

$boundary = [System.Guid]::NewGuid().ToString() $LF = "rn" $bodyLines = ( "--$boundary", "Content-Disposition: form-data; name="file"; filename="$fileName"", "Content-Type: application/octet-stream$LF", $fileEnc, "--$boundary--$LF" ) -join $LF

$URI = $BTCPayCfg.BTCpayApi.GreenApi.url + $apislug $apiKeyToken = 'token ' + $script:BTCPAY_API $headers = @{'Authorization'=$apiKeyToken}

return Invoke-RestMethod -Uri $uri -Method Post -Headers $headers -ContentType "multipart/form-data; boundary="$boundary"" -Body $bodyLines

} ``` Here is the revision history since my last article.

Version Date Whom Notes ======= ========== ======== ===================================================== 0.1.4 03/28/2025 cadayton Added UploadFile method to upload a file to the BTCpay server 0.1.3 03/27/2025 cadayton Added GetFiles returns listing of files uploaded to BTCpay server 0.1.2 03/19/2025 cadayton ForwardingHistory new parameter "total_fees" tallys mfees for events returned 0.1.1 03/18/2025 cadayton ForwardingHistory now support additional parameters 0.1.0 03/15/2025 cadayton initial release. The inspiration for this logic was adapted from weipah . One wouldn't think uploading a single file wouldn't require this much coding. The Greenfield's REST Api documentation for this end point wasn't very helpful.

In my book, good end-user documentation of one's code is just as important as the code itself. I believe documentation is usually lacking on most projects because the effort of doing so is almost equal to the effort of writing the code. It is also the least fun part about writing code.

The job is not done until the paper work has been completed. :)

https://btcpayserver.sytes.net

@ 3bf0c63f:aefa459d

Drivechain

Understanding Drivechain requires a shift from the paradigm most bitcoiners are used to. It is not about "trustlessness" or "mathematical certainty", but game theory and incentives. (Well, Bitcoin in general is also that, but people prefer to ignore it and focus on some illusion of trustlessness provided by mathematics.)

Here we will describe the basic mechanism (simple) and incentives (complex) of "hashrate escrow" and how it enables a 2-way peg between the mainchain (Bitcoin) and various sidechains.

The full concept of "Drivechain" also involves blind merged mining (i.e., the sidechains mine themselves by publishing their block hashes to the mainchain without the miners having to run the sidechain software), but this is much easier to understand and can be accomplished either by the BIP-301 mechanism or by the Spacechains mechanism.

How does hashrate escrow work from the point of view of Bitcoin?

A new address type is created. Anything that goes in that is locked and can only be spent if all miners agree on the Withdrawal Transaction (WT^) that will spend it for 6 months. There is one of these special addresses for each sidechain.

To gather miners' agreement bitcoind keeps track of the "score" of all transactions that could possibly spend from that address. On every block mined, for each sidechain, the miner can use a portion of their coinbase to either increase the score of one WT^ by 1 while decreasing the score of all others by 1; or they can decrease the score of all WT^s by 1; or they can do nothing.

Once a transaction has gotten a score high enough, it is published and funds are effectively transferred from the sidechain to the withdrawing users.

If a timeout of 6 months passes and the score doesn't meet the threshold, that WT^ is discarded.

What does the above procedure mean?

It means that people can transfer coins from the mainchain to a sidechain by depositing to the special address. Then they can withdraw from the sidechain by making a special withdraw transaction in the sidechain.

The special transaction somehow freezes funds in the sidechain while a transaction that aggregates all withdrawals into a single mainchain WT^, which is then submitted to the mainchain miners so they can start voting on it and finally after some months it is published.

Now the crucial part: the validity of the WT^ is not verified by the Bitcoin mainchain rules, i.e., if Bob has requested a withdraw from the sidechain to his mainchain address, but someone publishes a wrong WT^ that instead takes Bob's funds and sends them to Alice's main address there is no way the mainchain will know that. What determines the "validity" of the WT^ is the miner vote score and only that. It is the job of miners to vote correctly -- and for that they may want to run the sidechain node in SPV mode so they can attest for the existence of a reference to the WT^ transaction in the sidechain blockchain (which then ensures it is ok) or do these checks by some other means.

What? 6 months to get my money back?

Yes. But no, in practice anyone who wants their money back will be able to use an atomic swap, submarine swap or other similar service to transfer funds from the sidechain to the mainchain and vice-versa. The long delayed withdraw costs would be incurred by few liquidity providers that would gain some small profit from it.

Why bother with this at all?

Drivechains solve many different problems:

It enables experimentation and new use cases for Bitcoin

Issued assets, fully private transactions, stateful blockchain contracts, turing-completeness, decentralized games, some "DeFi" aspects, prediction markets, futarchy, decentralized and yet meaningful human-readable names, big blocks with a ton of normal transactions on them, a chain optimized only for Lighting-style networks to be built on top of it.

These are some ideas that may have merit to them, but were never actually tried because they couldn't be tried with real Bitcoin or inferfacing with real bitcoins. They were either relegated to the shitcoin territory or to custodial solutions like Liquid or RSK that may have failed to gain network effect because of that.

It solves conflicts and infighting

Some people want fully private transactions in a UTXO model, others want "accounts" they can tie to their name and build reputation on top; some people want simple multisig solutions, others want complex code that reads a ton of variables; some people want to put all the transactions on a global chain in batches every 10 minutes, others want off-chain instant transactions backed by funds previously locked in channels; some want to spend, others want to just hold; some want to use blockchain technology to solve all the problems in the world, others just want to solve money.

With Drivechain-based sidechains all these groups can be happy simultaneously and don't fight. Meanwhile they will all be using the same money and contributing to each other's ecosystem even unwillingly, it's also easy and free for them to change their group affiliation later, which reduces cognitive dissonance.

It solves "scaling"

Multiple chains like the ones described above would certainly do a lot to accomodate many more transactions that the current Bitcoin chain can. One could have special Lightning Network chains, but even just big block chains or big-block-mimblewimble chains or whatnot could probably do a good job. Or even something less cool like 200 independent chains just like Bitcoin is today, no extra features (and you can call it "sharding"), just that would already multiply the current total capacity by 200.

Use your imagination.

It solves the blockchain security budget issue

The calculation is simple: you imagine what security budget is reasonable for each block in a world without block subsidy and divide that for the amount of bytes you can fit in a single block: that is the price to be paid in satoshis per byte. In reasonable estimative, the price necessary for every Bitcoin transaction goes to very large amounts, such that not only any day-to-day transaction has insanely prohibitive costs, but also Lightning channel opens and closes are impracticable.

So without a solution like Drivechain you'll be left with only one alternative: pushing Bitcoin usage to trusted services like Liquid and RSK or custodial Lightning wallets. With Drivechain, though, there could be thousands of transactions happening in sidechains and being all aggregated into a sidechain block that would then pay a very large fee to be published (via blind merged mining) to the mainchain. Bitcoin security guaranteed.

It keeps Bitcoin decentralized

Once we have sidechains to accomodate the normal transactions, the mainchain functionality can be reduced to be only a "hub" for the sidechains' comings and goings, and then the maximum block size for the mainchain can be reduced to, say, 100kb, which would make running a full node very very easy.

Can miners steal?

Yes. If a group of coordinated miners are able to secure the majority of the hashpower and keep their coordination for 6 months, they can publish a WT^ that takes the money from the sidechains and pays to themselves.

Will miners steal?

No, because the incentives are such that they won't.

Although it may look at first that stealing is an obvious strategy for miners as it is free money, there are many costs involved:

1. The cost of ceasing blind-merged mining returns -- as stealing will kill a sidechain, all the fees from it that miners would be expected to earn for the next years are gone;
2. The cost of Bitcoin price going down: If a steal is successful that will mean Drivechains are not safe, therefore Bitcoin is less useful, and miner credibility will also be hurt, which are likely to cause the Bitcoin price to go down, which in turn may kill the miners' businesses and savings;
3. The cost of coordination -- assuming miners are just normal businesses, they just want to do their work and get paid, but stealing from a Drivechain will require coordination with other miners to conduct an immoral act in a way that has many pitfalls and is likely to be broken over the months;
4. The cost of miners leaving your mining pool: when we talked about "miners" above we were actually talking about mining pools operators, so they must also consider the risk of miners migrating from their mining pool to others as they begin the process of stealing;
5. The cost of community goodwill -- when participating in a steal operation, a miner will suffer a ton of backlash from the community. Even if the attempt fails at the end, the fact that it was attempted will contribute to growing concerns over exaggerated miners power over the Bitcoin ecosystem, which may end up causing the community to agree on a hard-fork to change the mining algorithm in the future, or to do something to increase participation of more entities in the mining process (such as development or cheapment of new ASICs), which have a chance of decreasing the profits of current miners.

Another point to take in consideration is that one may be inclined to think a newly-created sidechain or a sidechain with relatively low usage may be more easily stolen from, since the blind merged mining returns from it (point 1 above) are going to be small -- but the fact is also that a sidechain with small usage will also have less money to be stolen from, and since the other costs besides 1 are less elastic at the end it will not be worth stealing from these too.

All of the above consideration are valid only if miners are stealing from good sidechains. If there is a sidechain that is doing things wrong, scamming people, not being used at all, or is full of bugs, for example, that will be perceived as a bad sidechain, and then miners can and will safely steal from it and kill it, which will be perceived as a good thing by everybody.

What do we do if miners steal?

Paul Sztorc has suggested in the past that a user-activated soft-fork could prevent miners from stealing, i.e., most Bitcoin users and nodes issue a rule similar to this one to invalidate the inclusion of a faulty WT^ and thus cause any miner that includes it in a block to be relegated to their own Bitcoin fork that other nodes won't accept.

This suggestion has made people think Drivechain is a sidechain solution backed by user-actived soft-forks for safety, which is very far from the truth. Drivechains must not and will not rely on this kind of soft-fork, although they are possible, as the coordination costs are too high and no one should ever expect these things to happen.

If even with all the incentives against them (see above) miners do still steal from a good sidechain that will mean the failure of the Drivechain experiment. It will very likely also mean the failure of the Bitcoin experiment too, as it will be proven that miners can coordinate to act maliciously over a prolonged period of time regardless of economic and social incentives, meaning they are probably in it just for attacking Bitcoin, backed by nation-states or something else, and therefore no Bitcoin transaction in the mainchain is to be expected to be safe ever again.

Why use this and not a full-blown trustless and open sidechain technology?

Because it is impossible.

If you ever heard someone saying "just use a sidechain", "do this in a sidechain" or anything like that, be aware that these people are either talking about "federated" sidechains (i.e., funds are kept in custody by a group of entities) or they are talking about Drivechain, or they are disillusioned and think it is possible to do sidechains in any other manner.

No, I mean a trustless 2-way peg with correctness of the withdrawals verified by the Bitcoin protocol!

That is not possible unless Bitcoin verifies all transactions that happen in all the sidechains, which would be akin to drastically increasing the blocksize and expanding the Bitcoin rules in tons of ways, i.e., a terrible idea that no one wants.

What about the Blockstream sidechains whitepaper?

Yes, that was a way to do it. The Drivechain hashrate escrow is a conceptually simpler way to achieve the same thing with improved incentives, less junk in the chain, more safety.

Isn't the hashrate escrow a very complex soft-fork?

Yes, but it is much simpler than SegWit. And, unlike SegWit, it doesn't force anything on users, i.e., it isn't a mandatory blocksize increase.

Why should we expect miners to care enough to participate in the voting mechanism?

Because it's in their own self-interest to do it, and it costs very little. Today over half of the miners mine RSK. It's not blind merged mining, it's a very convoluted process that requires them to run a RSK full node. For the Drivechain sidechains, an SPV node would be enough, or maybe just getting data from a block explorer API, so much much simpler.

What if I still don't like Drivechain even after reading this?

That is the entire point! You don't have to like it or use it as long as you're fine with other people using it. The hashrate escrow special addresses will not impact you at all, validation cost is minimal, and you get the benefit of people who want to use Drivechain migrating to their own sidechains and freeing up space for you in the mainchain. See also the point above about infighting.

See also

• Podcast episode with Ruben Somsen and Aaron van Wirdum explaining Drivechain
• Alternatives to Drivechain
• Drivechain comparison with Ethereum

@ ec42c765:328c0600

カスタム絵文字とは

任意のオリジナル画像を絵文字のように文中に挿入できる機能です。
また、リアクション（Twitterの いいね のような機能）にもカスタム絵文字を使えます。

カスタム絵文字の対応状況（2025/02/06）

カスタム絵文字を使うためにはカスタム絵文字に対応したクライアントを使う必要があります。

※表は一例です。クライアントは他にもたくさんあります。

使っているクライアントが対応していない場合は、クライアントを変更する、対応するまで待つ、開発者に要望を送る（または自分で実装する）などしましょう。

対応クライアント

• Amethyst
• FreeFrom
• nostter
• Rabbit
• Lumilumi
• Nos Haiku
• Snort
• noStrudel

ここではnostterを使って説明していきます。

準備

カスタム絵文字を使うための準備です。

• Nostrエクステンション（NIP-07）を導入する
• 使いたいカスタム絵文字をリストに登録する

Nostrエクステンション（NIP-07）を導入する

Nostrエクステンションは使いたいカスタム絵文字を登録する時に必要になります。

また、環境（パソコン、iPhone、androidなど）によって導入方法が違います。

Nostrエクステンションを導入する端末は、実際にNostrを閲覧する端末と違っても構いません（リスト登録はPC、Nostr閲覧はiPhoneなど）。

Nostrエクステンション（NIP-07）の導入方法は以下のページを参照してください。

ログイン拡張機能 (NIP-07)を使ってみよう | Welcome to Nostr! ～ Nostrをはじめよう！ ～

少し面倒ですが、これを導入しておくとNostr上の様々な場面で役立つのでより快適になります。

使いたいカスタム絵文字をリストに登録する

以下のサイトで行います。

emojito

右上のGet startedからNostrエクステンションでログインしてください。

例として以下のカスタム絵文字を導入してみます。

実際より絵文字が少なく表示されることがありますが、古い状態のデータを取得してしまっているためです。その場合はブラウザの更新ボタンを押してください。

generalJP | カスタム絵文字

• 右側のOptionsからBookmarkを選択

これでカスタム絵文字を使用するためのリストに登録できます。

カスタム絵文字を使用する

例としてブラウザから使えるクライアント nostter から使用してみます。

nostter

nostterにNostrエクステンションでログイン、もしくは秘密鍵を入れてログインしてください。

文章中に使用

1. 投稿ボタンを押して投稿ウィンドウを表示
2. 顔😀のボタンを押し、絵文字ウィンドウを表示
3. ＊タブを押し、カスタム絵文字一覧を表示
4. カスタム絵文字を選択
5. : 記号に挟まれたアルファベットのショートコードとして挿入される

この状態で投稿するとカスタム絵文字として表示されます。

カスタム絵文字対応クライアントを使っている他ユーザーにもカスタム絵文字として表示されます。

対応していないクライアントの場合、ショートコードのまま表示されます。

ショートコードを直接入力することでカスタム絵文字の候補が表示されるのでそこから選択することもできます。

リアクションに使用

1. 任意の投稿の顔😀のボタンを押し、絵文字ウィンドウを表示
2. ＊タブを押し、カスタム絵文字一覧を表示
3. カスタム絵文字を選択

カスタム絵文字リアクションを送ることができます。

カスタム絵文字を探す

先述したemojitoからカスタム絵文字を探せます。

例えば任意のユーザーのページ emojito ロクヨウ から探したり、 emojito Browse all からnostr全体で最近作成、更新された絵文字を見たりできます。

また、以下のリンクは日本語圏ユーザーが作ったカスタム絵文字を集めたリストです（2025/02/06）

※漏れがあるかもしれません

日本ユーザー作 カスタム絵文字

各絵文字セットにあるOpen in emojitoのリンクからemojitoに飛び、使用リストに追加できます。

---

以上です。

次：Nostrのカスタム絵文字の作り方

Yakihonneリンク Nostrのカスタム絵文字の作り方

Nostrリンク nostr:naddr1qqxnzdesxuunzv358ycrgveeqgswcsk8v4qck0deepdtluag3a9rh0jh2d0wh0w9g53qg8a9x2xqvqqrqsqqqa28r5psx3

---

仕様

NIP-30 Custom Emoji

NIP-30 カスタム絵文字（和訳）

@ 3bf0c63f:aefa459d

bitcoind decentralization

It is better to have multiple curator teams, with different vetting processes and release schedules for bitcoind than a single one.

"More eyes on code", "Contribute to Core", "Everybody should audit the code".

All these points repeated again and again fell to Earth on the day it was discovered that Bitcoin Core developers merged a variable name change from "blacklist" to "blocklist" without even discussing or acknowledging the fact that that innocent pull request opened by a sybil account was a social attack.

After a big lot of people manifested their dissatisfaction with that event on Twitter and on GitHub, most Core developers simply ignored everybody's concerns or even personally attacked people who were complaining.

The event has shown that:

1) Bitcoin Core ultimately rests on the hands of a couple maintainers and they decide what goes on the GitHub repository[^pr-merged-very-quickly] and the binary releases that will be downloaded by thousands; 2) Bitcoin Core is susceptible to social attacks; 2) "More eyes on code" don't matter, as these extra eyes can be ignored and dismissed.

Solution: bitcoind decentralization

If usage was spread across 10 different bitcoind flavors, the network would be much more resistant to social attacks to a single team.

This has nothing to do with the question on if it is better to have multiple different Bitcoin node implementations or not, because here we're basically talking about the same software.

Multiple teams, each with their own release process, their own logo, some subtle changes, or perhaps no changes at all, just a different name for their bitcoind flavor, and that's it.

Every day or week or month or year, each flavor merges all changes from Bitcoin Core on their own fork. If there's anything suspicious or too leftist (or perhaps too rightist, in case there's a leftist bitcoind flavor), maybe they will spot it and not merge.

This way we keep the best of both worlds: all software development, bugfixes, improvements goes on Bitcoin Core, other flavors just copy. If there's some non-consensus change whose efficacy is debatable, one of the flavors will merge on their fork and test, and later others -- including Core -- can copy that too. Plus, we get resistant to attacks: in case there is an attack on Bitcoin Core, only 10% of the network would be compromised. the other flavors would be safe.

Run Bitcoin Knots

The first example of a bitcoind software that follows Bitcoin Core closely, adds some small changes, but has an independent vetting and release process is Bitcoin Knots, maintained by the incorruptible Luke DashJr.

Next time you decide to run bitcoind, run Bitcoin Knots instead and contribute to bitcoind decentralization!

---

See also:

• How to attack Bitcoin, Anthony Towns' take

[^pr-merged-very-quickly]: See PR 20624, for example, a very complicated change that could be introducing bugs or be a deliberate attack, merged in 3 days without time for discussion.

@ ec42c765:328c0600

てすと

nostr:nevent1qqst3uqlls4yr9vys4dza2sgjle3ly37trck7jgdmtr23uuz52usjrqqqnjgr

nostr:nevent1qqsdvchy5d27zt3z05rr3q6vvmzgslslxwu0p4dfkvxwhmvxldn9djguvagp2

test

てｓ

@ 3bf0c63f:aefa459d

início

"Vocês vêem? Vêem a história? Vêem alguma coisa? Me parece que estou tentando lhes contar um sonho -- fazendo uma tentativa inútil, porque nenhum relato de sonho pode transmitir a sensação de sonho, aquela mistura de absurdo, surpresa e espanto numa excitação de revolta tentando se impôr, aquela noção de ser tomado pelo incompreensível que é da própria essência dos sonhos..."

Ele ficou em silêncio por alguns instantes.

"... Não, é impossível; é impossível transmitir a sensação viva de qualquer época determinada de nossa existência -- aquela que constitui a sua verdade, o seu significado, a sua essência sutil e contundente. É impossível. Vivemos, como sonhamos -- sozinhos..."

• Livros mencionados por Olavo de Carvalho
• Antiga homepage Olavo de Carvalho
• Bitcoin explicado de um jeito correto e inteligível
• Reclamações

---

• Nostr
• Bitcoin
• How IPFS is broken
• Programming quibbles
• Economics
• Open-source software

---

Nostr GitHub Telegram Donate

@ 3bf0c63f:aefa459d

On "zk-rollups" applied to Bitcoin

ZK rollups make no sense in bitcoin because there is no "cheap calldata". all data is already ~~cheap~~ expensive calldata.

There could be an onchain zk verification that allows succinct signatures maybe, but never a rollup.

What happens is: you can have one UTXO that contains multiple balances on it and in each transaction you can recreate that UTXOs but alter its state using a zk to compress all internal transactions that took place.

The blockchain must be aware of all these new things, so it is in no way "L2".

And you must have an entity responsible for that UTXO and for conjuring the state changes and zk proofs.

But on bitcoin you also must keep the data necessary to rebuild the proofs somewhere else, I'm not sure how can the third party responsible for that UTXO ensure that happens.

I think such a construct is similar to a credit card corporation: one central party upon which everybody depends, zero interoperability with external entities, every vendor must have an account on each credit card company to be able to charge customers, therefore it is not clear that such a thing is more desirable than solutions that are truly open and interoperable like Lightning, which may have its defects but at least fosters a much better environment, bringing together different conflicting parties, custodians, anyone.

@ 5d4b6c8d:8a1c1ee3

This is a big one for many of us. Probably the most beneficial perception shift you can have is to stop perceiving junk food as food at all.

There are two big components to this: 1. "Cheap"/"affordable" foods are neither cheap nor affordable if they are bad for your health. They are pure waste. Whatever you're currently spending on foods you don't think you should be eating can be reallocated to foods you do think you should be eating and it's wiser expenditure regardless of how expensive the new foods are. 2. When you're looking for something convenient, it's better to eat nothing than to eat something bad. Again, junk food isn't food. Eating it because you're hungry isn't helping anything. You didn't satisfy any nutritional requirements, so you still need to eat the same amount later. On the other hand, fasting is good for you, so just do that until you find something that is food. Also, the first point applies here: instead of eating a lot of garbage, it would be better to spend the same amount on a small portion of food.

I was inspired to write this because I was proud of myself for putting back a package of discounted double chocolate chip muffins this morning and just getting a dark chocolate bar instead.

originally posted at https://stacker.news/items/928684

@ 3bf0c63f:aefa459d

The problem with ION

ION is a DID method based on a thing called "Sidetree".

I can't say for sure what is the problem with ION, because I don't understand the design, even though I have read all I could and asked everybody I knew. All available information only touches on the high-level aspects of it (and of course its amazing wonders) and no one has ever bothered to explain the details. I've also asked the main designer of the protocol, Daniel Buchner, but he may have thought I was trolling him on Twitter and refused to answer, instead pointing me to an incomplete spec on the Decentralized Identity Foundation website that I had already read before. I even tried to join the DIF as a member so I could join their closed community calls and hear what they say, maybe eventually ask a question, so I could understand it, but my entrance was ignored, then after many months and a nudge from another member I was told I had to do a KYC process to be admitted, which I refused.

One thing I know is:

• ION is supposed to provide a way to rotate keys seamlessly and automatically without losing the main identity (and the ION proponents also claim there are no "master" keys because these can also be rotated).
• ION is also not a blockchain, i.e. it doesn't have a deterministic consensus mechanism and it is decentralized, i.e. anyone can publish data to it, doesn't have to be a single central server, there may be holes in the available data and the protocol doesn't treat that as a problem.
• From all we know about years of attempts to scale Bitcoins and develop offchain protocols it is clear that you can't solve the double-spend problem without a central authority or a kind of blockchain (i.e. a decentralized system with deterministic consensus).
• Rotating keys also suffer from the double-spend problem: whenever you rotate a key it is as if it was "spent", you aren't supposed to be able to use it again.

The logic conclusion of the 4 assumptions above is that ION is flawed: it can't provide the key rotation it says it can if it is not a blockchain.

See also

• Excerpt of discussion about DIDs and ION

@ ec42c765:328c0600

カスタム絵文字とは

任意のオリジナル画像を絵文字のように文中に挿入できる機能です。
また、リアクション（Twitterの いいね のような機能）にもカスタム絵文字を使えます。

カスタム絵文字の対応状況（2025/02/06）

カスタム絵文字を使うためにはカスタム絵文字に対応したクライアントを使う必要があります。

※表は一例です。クライアントは他にもたくさんあります。

使っているクライアントが対応していない場合は、クライアントを変更する、対応するまで待つ、開発者に要望を送る（または自分で実装する）などしましょう。

対応クライアント

• Amethyst
• FreeFrom
• nostter
• Rabbit
• Lumilumi
• Nos Haiku
• Snort
• noStrudel

ここではnostterを使って説明していきます。

準備

カスタム絵文字を使うための準備です。

• Nostrエクステンション（NIP-07）を導入する
• 使いたいカスタム絵文字をリストに登録する

Nostrエクステンション（NIP-07）を導入する

Nostrエクステンションは使いたいカスタム絵文字を登録する時に必要になります。

また、環境（パソコン、iPhone、androidなど）によって導入方法が違います。

Nostrエクステンションを導入する端末は、実際にNostrを閲覧する端末と違っても構いません（リスト登録はPC、Nostr閲覧はiPhoneなど）。

Nostrエクステンション（NIP-07）の導入方法は以下のページを参照してください。

ログイン拡張機能 (NIP-07)を使ってみよう | Welcome to Nostr! ～ Nostrをはじめよう！ ～

少し面倒ですが、これを導入しておくとNostr上の様々な場面で役立つのでより快適になります。

使いたいカスタム絵文字をリストに登録する

以下のサイトで行います。

emojito

右上のGet startedからNostrエクステンションでログインしてください。

例として以下のカスタム絵文字を導入してみます。

実際より絵文字が少なく表示されることがありますが、古い状態のデータを取得してしまっているためです。その場合はブラウザの更新ボタンを押してください。

generalJP | カスタム絵文字

• 右側のOptionsからBookmarkを選択

これでカスタム絵文字を使用するためのリストに登録できます。

カスタム絵文字を使用する

例としてブラウザから使えるクライアント nostter から使用してみます。

nostter

nostterにNostrエクステンションでログイン、もしくは秘密鍵を入れてログインしてください。

文章中に使用

1. 投稿ボタンを押して投稿ウィンドウを表示
2. 顔😀のボタンを押し、絵文字ウィンドウを表示
3. ＊タブを押し、カスタム絵文字一覧を表示
4. カスタム絵文字を選択
5. : 記号に挟まれたアルファベットのショートコードとして挿入される

この状態で投稿するとカスタム絵文字として表示されます。

カスタム絵文字対応クライアントを使っている他ユーザーにもカスタム絵文字として表示されます。

対応していないクライアントの場合、ショートコードのまま表示されます。

ショートコードを直接入力することでカスタム絵文字の候補が表示されるのでそこから選択することもできます。

リアクションに使用

1. 任意の投稿の顔😀のボタンを押し、絵文字ウィンドウを表示
2. ＊タブを押し、カスタム絵文字一覧を表示
3. カスタム絵文字を選択

カスタム絵文字リアクションを送ることができます。

カスタム絵文字を探す

先述したemojitoからカスタム絵文字を探せます。

例えば任意のユーザーのページ emojito ロクヨウ から探したり、 emojito Browse all からnostr全体で最近作成、更新された絵文字を見たりできます。

また、以下のリンクは日本語圏ユーザーが作ったカスタム絵文字を集めたリストです（2025/02/06）

※漏れがあるかもしれません

日本ユーザー作 カスタム絵文字

各絵文字セットにあるOpen in emojitoのリンクからemojitoに飛び、使用リストに追加できます。

---

以上です。

次：Nostrのカスタム絵文字の作り方

Yakihonneリンク Nostrのカスタム絵文字の作り方

Nostrリンク nostr:naddr1qqxnzdesxuunzv358ycrgveeqgswcsk8v4qck0deepdtluag3a9rh0jh2d0wh0w9g53qg8a9x2xqvqqrqsqqqa28r5psx3

---

仕様

NIP-30 Custom Emoji

NIP-30 カスタム絵文字（和訳）

@ 30b99916:3cc6e3fe

Chef's Notes

My mom worked as a waitress for a excellent Chinese restaurant. For years she tried to get this receipt without success and finally after the owner retired he gave her the receipt.

Previously posted this receipt on Zap.Cooking but now wanting to keep all my long-form notes in Obsidian and publish to Nostr using the nostr-writer plug-in.

Details

• ⏲️ Prep time: 20 to 30 minutes
• 🍳 Cook time: 1 to 2 Hours depending on amount of spare ribs
• 🍽️ Servings: 8

Ingredients

• 1 Quart Dole Pineapple Juice
• 1 Pint Dole Crushed Pineapple
• 1 Pint Dole Tidbits Pineapple
• 1 TS Dried Mustard
• 32 Oz Brown sugar or add to taste
• 1 Cup Red Wine
• 2 TS Corn Starch
• 1 or 2 lbs Pork or Beef spare ribs
• Worcestershire sauce

Directions

1. Preheat oven to 350 degrees
2. Bring water to boil in 8 qt stock pot
3. Cut spare ribs and add to boiling water in stock pot
4. Boil spare ribs for 20 to 30 minutes to remove excess fat
5. Drain spare ribs and place onto cookie sheet
6. Base spare ribs with a generous amount of Worcestershire sauce
7. Place based spare ribs on cookie sheet and place into oven for 60 minutes.
8. Place first 6 ingredients into stock pot and bring to boil while CONTINUOUSLY stirring
9. Add corn starch to 2 cups of water and mix to create thickening agent
10. Add thickening agent incrementally to Sweet & Sour sauce for desired thickness
11. Reduce heat to low while CONTINUOUSLY stirring.
12. Remove spare ribs from oven and place into Sweet & Sour sauce.
13. Place stock pot into oven and cook until done. 1 to 2 hours.

Bon Appétit

@ ec42c765:328c0600

カスタム絵文字とは

任意のオリジナル画像を絵文字のように文中に挿入できる機能です。
また、リアクション（Twitterの いいね のような機能）にもカスタム絵文字を使えます。

カスタム絵文字の対応状況（2024/02/05）

カスタム絵文字を使うためにはカスタム絵文字に対応したクライアントを使う必要があります。

※表は一例です。クライアントは他にもたくさんあります。

使っているクライアントが対応していない場合は、クライアントを変更する、対応するまで待つ、開発者に要望を送る（または自分で実装する）などしましょう。

対応クライアント

• Amethyst
• FreeFrom
• nostter
• Rabbit
• Snort
• noStrudel

ここではnostterを使って説明していきます。

準備

カスタム絵文字を使うための準備です。

• Nostrエクステンション（NIP-07）を導入する
• 使いたいカスタム絵文字をリストに登録する

Nostrエクステンション（NIP-07）を導入する

Nostrエクステンションは使いたいカスタム絵文字を登録する時に必要になります。

また、環境（パソコン、iPhone、androidなど）によって導入方法が違います。

Nostrエクステンションを導入する端末は、実際にNostrを閲覧する端末と違っても構いません（リスト登録はPC、Nostr閲覧はiPhoneなど）。

Nostrエクステンション（NIP-07）の導入方法は以下のページを参照してください。

ログイン拡張機能 (NIP-07)を使ってみよう | Welcome to Nostr! ～ Nostrをはじめよう！ ～

少し面倒ですが、これを導入しておくとNostr上の様々な場面で役立つのでより快適になります。

使いたいカスタム絵文字をリストに登録する

以下のサイトで行います。

emojito

右上のGet startedからNostrエクステンションでログインしてください。

例として以下のカスタム絵文字を導入してみます。

実際より絵文字が少なく表示されることがありますが、古い状態のデータを取得してしまっているためです。その場合はブラウザの更新ボタンを押してください。

generalJP | カスタム絵文字

• 右側のOptionsからBookmarkを選択

これでカスタム絵文字を使用するためのリストに登録できます。

カスタム絵文字を使用する

例としてブラウザから使えるクライアント nostter から使用してみます。

nostter

nostterにNostrエクステンションでログイン、もしくは秘密鍵を入れてログインしてください。

文章中に使用

1. 投稿ボタンを押して投稿ウィンドウを表示
2. 顔😀のボタンを押し、絵文字ウィンドウを表示
3. ＊タブを押し、カスタム絵文字一覧を表示
4. カスタム絵文字を選択
5. : 記号に挟まれたアルファベットのショートコードとして挿入される

この状態で投稿するとカスタム絵文字として表示されます。

カスタム絵文字対応クライアントを使っている他ユーザーにもカスタム絵文字として表示されます。

対応していないクライアントの場合、ショートコードのまま表示されます。

ショートコードを直接入力することでカスタム絵文字の候補が表示されるのでそこから選択することもできます。

リアクションに使用

1. 任意の投稿の顔😀のボタンを押し、絵文字ウィンドウを表示
2. ＊タブを押し、カスタム絵文字一覧を表示
3. カスタム絵文字を選択

カスタム絵文字リアクションを送ることができます。

カスタム絵文字を探す

先述したemojitoからカスタム絵文字を探せます。

例えば任意のユーザーのページ emojito ロクヨウ から探したり、 emojito Browse all からnostr全体で最近作成、更新された絵文字を見たりできます。

また、以下のリンクは日本語圏ユーザーが作ったカスタム絵文字を集めたリストです（2024/06/30）

※漏れがあるかもしれません

日本ユーザー作 カスタム絵文字

各絵文字セットにあるOpen in emojitoのリンクからemojitoに飛び、使用リストに追加できます。

---

以上です。

次：Nostrのカスタム絵文字の作り方

Yakihonneリンク Nostrのカスタム絵文字の作り方

Nostrリンク nostr:naddr1qqxnzdesxuunzv358ycrgveeqgswcsk8v4qck0deepdtluag3a9rh0jh2d0wh0w9g53qg8a9x2xqvqqrqsqqqa28r5psx3

---

仕様

NIP-30 Custom Emoji

NIP-30 カスタム絵文字（和訳）

@ 59cb0748:9602464b

Nostrでお世話になっている方も、お世話になってない方も、こんにちは！

タコ頭大吉です！

NIP-23を使った初めての投稿です。

今回は、私がここ数ヶ月中にデザインをした三種類のビタキセケースの紹介記事になります！！

ビタキセを買ったもののあまり自分の好みに合う外観や仕様のケースがなく、いくつかプロトタイプを作りそれなりに時間をかけて考えたケース達です。

これら３シリーズに関しては、FDMタイプの3Dプリンタの精度、耐久性、出力後の作業性を考慮して一つのパーツで完結することに拘って設計をしました。

一定以上の充填率でプリントをすればそれなりに丈夫なはずです。

また、基本的に放熱性と保護性を両立できるように設計をしたつもります。

それぞれのモデルについて簡単に紹介をさせていただきますので、よろしければ各リポジトリに付属のREADMEを読んでいただいて自作、フィードバックをいただけましたら幸いです。

それでは、簡単に各モデルの紹介をさせていたきます。

---

AirLiftFrame

最初に作ったモデルです！ 少し大きいのが難点ですが、分厚めのフレームをベースとし基盤周辺をあえて囲わない設計により、保護性と放熱を阻害しない事の両立を狙っています。

リポジトリへ

---

TwinAirLiftFrame

ビタキセを買い増ししたことにより、複数台をカッコよく運用したいという需要が自分の中に出てきたので、AirLiftFrameを2つくっつけたら良いのではと言うごくごく単純な発想でつくり始めたケースです。 しかし、ただ横並びにしただけでは廃熱が干渉するだけではなく、DCジャックやUSBポートへのアクセスが阻害されるという問題にすぐに気がつきました。 そこで、WebUI上でディスプレイの表示を上下反転出来ることに注目し、2台を上下逆向きに取り付ける事でそれらの問題を解決しました！

リポジトリへ

---

VoronoiShell

AirLiftFrameシリーズのサイズを小型化する事から始めたプロジョクトです。 縦横の寸法の削減だけではなく、厚みを薄くつくリたいという希望がありました。 所が単純に薄くすると、持った時に発熱する背面パーツに手が触れてしまったり、落下などでぶつかった際に背面パーツが破損する懸念がありました。 そこで、(当初は付けたくはなかった)背面保護用のグリルをデザインする必要が出てきました。 初めは多角形でしたがあまりにもダサく、調べている内にVoronoi柄という有機的なパターンに行き付き即採用しました。 結果、ビタキセを取り付けると柄が見えなくなるのが勿体無いぐらい個性的でスタイリッシュなデザインに仕上がりました。

リポジトリへ

---

いずれカスタム方法やインサートナットや増設ファンの選定方法等を紹介したいのですが、今回はNIP-23になれるという意図もあるので紹介に留めます！ また、他の関連OSハードウェアプロジェクトのケースもデザインできたらと思っております！

今後ともタコ頭をよろしくお願いいたします。

@ 3bf0c63f:aefa459d

rosetta.alhur.es

A service that grabs code samples from two chosen languages on RosettaCode and displays them side-by-side.

The code-fetching is done in real time and snippet-by-snippet (there is also a prefetch of which snippets are available in each language, so we only compare apples to apples).

This was my first Golang web application if I remember correctly.

• https://rosetta.alhur.es/
• https://github.com/fiatjaf/rosetta.alhur.es

@ 30b99916:3cc6e3fe

---

---

Chef's Notes

My mom worked as a waitress for a excellent Chinese restaurant. For years she tried to get this receipt without success and finally after the owner retired he gave her the receipt.

Previously posted this receipt on Zap.Cooking but now wanting to keep all my long-form notes in Obsidian and publish to Nostr using the nostr-writer plug-in.

---

Details

• ⏲️ Prep time: 20 to 30 minutes
• 🍳 Cook time: 1 to 2 Hours depending on amount of spare ribs
• 🍽️ Servings: 8

Ingredients

• 1 Quart Dole Pineapple Juice
• 1 Pint Dole Crushed Pineapple
• 1 Pint Dole Tidbits Pineapple
• 1 TS Dried Mustard
• 32 Oz Brown sugar or add to taste
• 1 Cup Red Wine
• 2 TS Corn Starch
• 1 or 2 lbs Pork or Beef spare ribs
• Worcestershire sauce

Directions

1. Preheat oven to 350 degrees
2. Bring water to boil in 8 qt stock pot
3. Cut spare ribs and add to boiling water in stock pot
4. Boil spare ribs for 20 to 30 minutes to remove excess fat
5. Drain spare ribs and place onto cookie sheet
6. Base spare ribs with a generous amount of Worcestershire sauce
7. Place based spare ribs on cookie sheet and place into oven for 60 minutes.
8. Place first 6 ingredients into stock pot and bring to boil while CONTINUOUSLY stirring
9. Add corn starch to 2 cups of water and mix to create thickening agent
10. Add thickening agent incrementally to Sweet & Sour sauce for desired thickness
11. Reduce heat to low while CONTINUOUSLY stirring.
12. Remove spare ribs from oven and place into Sweet & Sour sauce.
13. Place stock pot into oven and cook until done. 1 to 2 hours.

Bon Appétit

@ 3bf0c63f:aefa459d

Thoughts on Nostr key management

On Why I don't like NIP-26 as a solution for key management I talked about multiple techniques that could be used to tackle the problem of key management on Nostr.

Here are some ideas that work in tandem:

• NIP-41 (stateless key invalidation)
• NIP-46 (Nostr Connect)
• NIP-07 (signer browser extension)
• Connected hardware signing devices
• other things like musig or frostr keys used in conjunction with a semi-trusted server; or other kinds of trusted software, like a dedicated signer on a mobile device that can sign on behalf of other apps; or even a separate protocol that some people decide to use as the source of truth for their keys, and some clients might decide to use that automatically
• there are probably many other ideas

Some premises I have in my mind (that may be flawed) that base my thoughts on these matters (and cause me to not worry too much) are that

• For the vast majority of people, Nostr keys aren't a target as valuable as Bitcoin keys, so they will probably be ok even without any solution;
• Even when you lose everything, identity can be recovered -- slowly and painfully, but still --, unlike money;
• Nostr is not trying to replace all other forms of online communication (even though when I think about this I can't imagine one thing that wouldn't be nice to replace with Nostr) or of offline communication, so there will always be ways.
• For the vast majority of people, losing keys and starting fresh isn't a big deal. It is a big deal when you have followers and an online persona and your life depends on that, but how many people are like that? In the real world I see people deleting social media accounts all the time and creating new ones, people losing their phone numbers or other accounts associated with their phone numbers, and not caring very much -- they just find a way to notify friends and family and move on.

We can probably come up with some specs to ease the "manual" recovery process, like social attestation and explicit signaling -- i.e., Alice, Bob and Carol are friends; Alice loses her key; Bob sends a new Nostr event kind to the network saying what is Alice's new key; depending on how much Carol trusts Bob, she can automatically start following that and remove the old key -- or something like that.

---

One nice thing about some of these proposals, like NIP-41, or the social-recovery method, or the external-source-of-truth-method, is that they don't have to be implemented in any client, they can live in standalone single-purpose microapps that users open or visit only every now and then, and these can then automatically update their follow lists with the latest news from keys that have changed according to multiple methods.

@ 30b99916:3cc6e3fe

---

---

Chef's Notes

My mom worked as a waitress for a excellent Chinese restaurant. For years she tried to get this receipt without success and finally after the owner retired he gave her the receipt.

Previously posted this receipt on Zap.Cooking but now wanting to keep all my long-form notes in Obsidian and publish to Nostr using the nostr-writer plug-in.

---

Details

• ⏲️ Prep time: 20 to 30 minutes
• 🍳 Cook time: 1 to 2 Hours depending on amount of spare ribs
• 🍽️ Servings: 8

Ingredients

• 1 Quart Dole Pineapple Juice
• 1 Pint Dole Crushed Pineapple
• 1 Pint Dole Tidbits Pineapple
• 1 TS Dried Mustard
• 32 Oz Brown sugar or add to taste
• 1 Cup Red Wine
• 2 TS Corn Starch
• 1 or 2 lbs Pork or Beef spare ribs
• Worcestershire sauce

Directions

1. Preheat oven to 350 degrees
2. Bring water to boil in 8 qt stock pot
3. Cut spare ribs and add to boiling water in stock pot
4. Boil spare ribs for 20 to 30 minutes to remove excess fat
5. Drain spare ribs and place onto cookie sheet
6. Base spare ribs with a generous amount of Worcestershire sauce
7. Place based spare ribs on cookie sheet and place into oven for 60 minutes.
8. Place first 6 ingredients into stock pot and bring to boil while CONTINUOUSLY stirring
9. Add corn starch to 2 cups of water and mix to create thickening agent
10. Add thickening agent incrementally to Sweet & Sour sauce for desired thickness
11. Reduce heat to low while CONTINUOUSLY stirring.
12. Remove spare ribs from oven and place into Sweet & Sour sauce.
13. Place stock pot into oven and cook until done. 1 to 2 hours.

Bon Appétit

@ 3bf0c63f:aefa459d

lnurl-auth explained

You may have seen the lnurl-auth spec or heard about it, but might not know how it works or what is its relationship with other lnurl protocols. This document attempts to solve that.

Relationship between lnurl-auth and other lnurl protocols

First, what is the relationship of lnurl-auth with other lnurl protocols? The answer is none, except the fact that they all share the lnurl format for specifying https URLs.

In fact, lnurl-auth is very unique in the sense that it doesn't even need a Lightning wallet to work, it is a standalone authentication protocol that can work anywhere.

How does it work

Now, how does it work? The basic idea is that each wallet has a seed, which is a random value (you may think of the BIP39 seed words, for example). Usually from that seed different keys are derived, each of these yielding a Bitcoin address, and also from that same seed may come the keys used to generate and manage Lightning channels.

What lnurl-auth does is to generate a new key from that seed, and from that a new key for each service (identified by its domain) you try to authenticate with.

That way, you effectively have a new identity for each website. Two different services cannot associate your identities.

The flow goes like this: When you visit a website, the website presents you with a QR code containing a callback URL and a challenge. The challenge should be a random value.

When your wallet scans or opens that QR code it uses the domain in the callback URL plus the main lnurl-auth key to derive a key specific for that website, uses that key to sign the challenge and then sends both the public key specific for that for that website plus the signed challenge to the specified URL.

When the service receives the public key it checks it against the challenge signature and start a session for that user. The user is then identified only by its public key. If the service wants it can, of course, request more details from the user, associate it with an internal id or username, it is free to do anything. lnurl-auth's goals end here: no passwords, maximum possible privacy.

FAQ

• What is the advantage of tying this to Bitcoin and Lightning?

  One big advantage is that your wallet is already keeping track of one seed, it is already a precious thing. If you had to keep track of a separate auth seed it would be arguably worse, more difficult to bootstrap the protocol, and arguably one of the reasons similar protocols, past and present, weren't successful.

• Just signing in to websites? What else is this good for?

  No, it can be used for authenticating to installable apps and physical places, as long as there is a service running an HTTP server somewhere to read the signature sent from the wallet. But yes, signing in to websites is the main problem to solve here.

• Phishing attack! Can a malicious website proxy the QR from a third website and show it to the user to it will steal the signature and be able to login on the third website?

  No, because the wallet will only talk to the the callback URL, and it will either be controlled by the third website, so the malicious won't see anything; or it will have a different domain, so the wallet will derive a different key and frustrate the malicious website's plan.

• I heard SQRL had that same idea and it went nowhere.

  Indeed. SQRL in its first version was basically the same thing as lnurl-auth, with one big difference: it was vulnerable to phishing attacks (see above). That was basically the only criticism it got everywhere, so the protocol creators decided to solve that by introducing complexity to the protocol. While they were at it they decided to add more complexity for managing accounts and so many more crap that in the the spec which initially was a single page ended up becoming 136 pages of highly technical gibberish. Then all the initial network effect it had, libraries and apps were trashed and nowadays no one can do anything with it (but, see, there are still people who love the protocol writing in a 90's forum with no clue of anything besides their own Java).

• We don't need this, we need WebAuthn!

  WebAuthn is essentially the same thing as lnurl-auth, but instead of being simple it is complex, instead of being open and decentralized it is centralized in big corporations, and instead of relying on a key generated by your own device it requires an expensive hardware HSM you must buy and trust the manufacturer. If you like WebAuthn and you like Bitcoin you should like lnurl-auth much more.

• What about BitID?

  This is another one that is very similar to lnurl-auth, but without the anti-phishing prevention and extra privacy given by making one different key for each service.

• What about LSAT?

  It doesn't compete with lnurl-auth. LSAT, as far as I understand it, is for when you're buying individual resources from a server, not authenticating as a user. Of course, LSAT can be repurposed as a general authentication tool, but then it will lack features that lnurl-auth has, like the property of having keys generated independently by the user from a common seed and a standard way of passing authentication info from one medium to another (like signing in to a website at the desktop from the mobile phone, for example).

@ 3bf0c63f:aefa459d

A Causa

o Princípios de Economia Política de Menger é o único livro que enfatiza a CAUSA o tempo todo. os cientistas todos parecem não saber, ou se esquecer sempre, que as coisas têm causa, e que o conhecimento verdadeiro é o conhecimento da causa das coisas.

a causa é uma categoria metafísica muito superior a qualquer correlação ou resultado de teste de hipótese, ela não pode ser descoberta por nenhum artifício econométrico ou reduzida à simples antecedência temporal estatística. a causa dos fenômenos não pode ser provada cientificamente, mas pode ser conhecida.

o livro de Menger conta para o leitor as causas de vários fenômenos econômicos e as interliga de forma que o mundo caótico da economia parece adquirir uma ordem no momento em que você lê. é uma sensação mágica e indescritível.

quando eu te o recomendei, queria é te imbuir com o espírito da busca pela causa das coisas. depois de ler aquilo, você está apto a perceber continuidade causal nos fenômenos mais complexos da economia atual, enxergar as causas entre toda a ação governamental e as suas várias consequências na vida humana. eu faço isso todos os dias e é a melhor sensação do mundo quando o caos das notícias do caderno de Economia do jornal -- que para o próprio jornalista que as escreveu não têm nenhum sentido (tanto é que ele escreve tudo errado) -- se incluem num sistema ordenado de causas e consequências.

provavelmente eu sempre erro em alguns ou vários pontos, mas ainda assim é maravilhoso. ou então é mais maravilhoso ainda quando eu descubro o erro e reinsiro o acerto naquela racionalização bela da ordem do mundo econômico que é a ordem de Deus.

em scrap para T.P.

@ ec42c765:328c0600

この記事は前回の内容を把握している人向けに書いています（特にNostrエクステンション（NIP-07）導入）

前回：Nostrのカスタム絵文字の使い方

手順

1. 登録する画像を用意する
2. 画像をweb上にアップロードする
3. 絵文字セットに登録する

1. 登録する画像を用意する

以下のような方法で用意してください。

• 画像編集ソフト等を使って自分で作成する
• 絵文字作成サイトを使う（絵文字ジェネレーター、MEGAMOJI など）
• フリー画像を使う（いらすとや など）

データ量削減

Nostrでは画像をそのまま表示するクライアントが多いので、データ量が大きな画像をそのまま使うとモバイル通信時などに負担がかかります。

データ量を増やさないためにサイズやファイル形式を変更することをおすすめします。

以下は私のおすすめです。 * サイズ：正方形 128×128 ピクセル、長方形 任意の横幅×128 ピクセル * ファイル形式：webp形式（webp変換おすすめサイト toimg） * 単色、単純な画像の場合：png形式（webpにするとむしろサイズが大きくなる）

その他

• 背景透過画像
• ダークモード、ライトモード両方で見やすい色

がおすすめです。

2. 画像をweb上にアップロードする

よく分からなければ emojito からのアップロードで問題ないです。
普段使っている画像アップロード先があるならそれでも構いません。
気になる方はアップロード先を適宜選んでください。

既に投稿されたカスタム絵文字の画像に対して

• 削除も差し替えもできない → emojito など
• 削除できるが差し替えはできない → Gyazo、nostrcheck.meなど
• 削除も差し替えもできる → GitHub 、セルフホスティングなど

これらは既にNostr上に投稿されたカスタム絵文字の画像を後から変更できるかどうかを指します。
どの方法でも新しく使われるカスタム絵文字を変更することは可能です。
同一のカスタム絵文字セットに同一のショートコードで別の画像を登録する形で対応できます。

3. 絵文字セットに登録する

emojito から登録します。

右上のアイコン → + New emoji set から新規の絵文字セットを作成できます。

① 絵文字セット名を入力

基本的にカスタム絵文字はカスタム絵文字セットを作り、ひとまとまりにして登録します。

一度作った絵文字セットに後から絵文字を追加することもできます。

② 画像をアップロードまたは画像URLを入力

emojitoから画像をアップロードする場合、ファイル名に日本語などの2バイト文字が含まれているとアップロードがエラーになるようです。

その場合はファイル名を適当な英数字などに変更してください。

③ 絵文字のショートコードを入力

ショートコードは絵文字を呼び出す時に使用する場合があります。

他のカスタム絵文字と被っても問題ありませんが選択時に複数表示されて支障が出る可能性があります。

他と被りにくく長くなりすぎないショートコードが良いかもしれません。

ショートコードに使えるのは半角の英数字とアンダーバーのみです。

④ 追加

Add を押してもまだ作成完了にはなりません。

一度に絵文字を複数登録できます。

最後に右上の Save を押すと作成完了です。

画面が切り替わるので、右側の Options から Bookmark を選択するとそのカスタム絵文字セットを自分で使えるようになります。

既存の絵文字セットを編集するには Options から Edit を選択します。

以上です。

---

仕様

NIP-30 Custom Emoji

NIP-30 カスタム絵文字（和訳）

@ 3bf0c63f:aefa459d

A biblioteca infinita

Agora esqueci o nome do conto de Jorge Luis Borges em que a tal biblioteca é descrita, ou seus detalhes específicos. Eu tinha lido o conto e nunca havia percebido que ele matava a questão da aleatoriedade ser capaz de produzir coisas valiosas. Precisei mesmo da Wikipédia me dizer isso.

Alguns anos atrás levantei essa questão para um grupo de amigos sem saber que era uma questão tão batida e baixa. No meu exemplo era um cachorro andando sobre letras desenhadas e não um macaco numa máquina de escrever. A minha conclusão da discussão foi que não importa o que o cachorro escrevesse, sem uma inteligência capaz de compreender aquilo nada passaria de letras aleatórias.

Borges resolve tudo imaginando uma biblioteca que contém tudo o que o cachorro havia escrito durante todo o infinito em que fez o experimento, e portanto contém todo o conhecimento sobre tudo e todas as obras literárias possíveis -- mas entre cada página ou frase muito boa ou pelo menos legívei há toneladas de livros completamente aleatórios e uma pessoa pode passar a vida dentro dessa biblioteca que contém tanto conhecimento importante e mesmo assim não aprender nada porque nunca vai achar os livros certos.

Everything would be in its blind volumes. Everything: the detailed history of the future, Aeschylus' The Egyptians, the exact number of times that the waters of the Ganges have reflected the flight of a falcon, the secret and true nature of Rome, the encyclopedia Novalis would have constructed, my dreams and half-dreams at dawn on August 14, 1934, the proof of Pierre Fermat's theorem, the unwritten chapters of Edwin Drood, those same chapters translated into the language spoken by the Garamantes, the paradoxes Berkeley invented concerning Time but didn't publish, Urizen's books of iron, the premature epiphanies of Stephen Dedalus, which would be meaningless before a cycle of a thousand years, the Gnostic Gospel of Basilides, the song the sirens sang, the complete catalog of the Library, the proof of the inaccuracy of that catalog. Everything: but for every sensible line or accurate fact there would be millions of meaningless cacophonies, verbal farragoes, and babblings. Everything: but all the generations of mankind could pass before the dizzying shelves – shelves that obliterate the day and on which chaos lies – ever reward them with a tolerable page.

Tenho a impressão de que a publicação gigantesca de artigos, posts, livros e tudo o mais está transformando o mundo nessa biblioteca. Há tanta coisa pra ler que é difícil achar o que presta. As pessoas precisam parar de escrever.

@ 592295cf:413a0db9

The journey starts from the links in this article nostr-quick-start-guide

Starting from these links building a simple path should not cover everything, because impossible.

Today I saw that Verbiricha in his workshop on his channel used nstart, but then I distracted And I didn't see how he did it.

---

Go to nstart.me and read: Each user is identified by a cryptographic keypair Public key, Private key (is a lot of stuff)

You can insert a nickname and go, the nickname is not unique

there is a email backup things interesting, but a little boring, i try to generate an email

doesn't even require a strong password ok.

I received the email, great, it shows me the nsec encrypted in clear,

Send a copy of the file with a password, which contains the password encrypted key I know and I know it's a tongue dump.

Multi signer bunker

That's stuff, let's see what he says.

They live the private key and send it to servers and you can recompose it to login at a site of the protocol nostr. If one of these servers goes offline you have the private key that you downloaded first and then reactivate a bunker. All very complicated. But if one of the servers goes offline, how can I remake the split? Maybe he's still testing.

Nobody tells you where these bunkers are.

Okay I have a string that is my bunker (buker://), I downloaded it, easy no, now will tell me which client accepts the bunker.. .

Follow someone before you start?

Is a cluster of 5 people Snowden, Micheal Dilger, jb55, Fiatjaf, Dianele.

I choice Snowden profile, or you can select multiple profiles, extra wild.

Now select 5 clients

Coracle, Chachi, Olas, Nostur, Jumble

The first is Coracle

Login, ok I try to post a note and signing your note the spin does not end.

Maybe the bunker is diffective.

Let's try Chachi

Simpler than Coracle, it has a type login that says bunker. see if I can post

It worked, cool, I managed to post in a group.

Olas is an app but also a website, but on the website requires an extension, which I do not have with this account.

If I download an app how do I pass the bunker on the phone, is it still a password, a qrcode, a qrcode + password, something like that, but many start from the phone so maybe it's easy for them. I try to download it and see if it allows me to connect with a bunker.

Okay I used private-qrcode and it worked, I couldn't do it directly from Olas because it didn't have permissions and the qrcode was < encrypted, so I went to the same site and had the bunker copied and glued on Olas

Ok then I saw that there was the qrcode image of the bunker for apps lol moment

Ok, I liked it, I can say it's a victory.

Looks like none of Snowden's followers are Olas's lover, maybe the smart pack has to predict a photographer or something like that.

Okay I managed to post on Olas, so it works, Expiration time is broken.

As for Nostur, I don't have an ios device so I'm going to another one.

Login with Jumble, it works is a web app

I took almost an hour to do the whole route.

But this was just one link there are two more

Extensions nostr NIP-07

The true path is nip-07-browser-extensions | nostr.net

There are 19 links, maybe there are too many?

I mention the most famous, or active at the moment

1. Aka-profiles: Aka-profiles

Alby I don't know if it's a route to recommend

1. Blockcore Blockcore wallet

2. Nos2x Nos2x

3. Nos2xfox (fork for firefox) Nos2xfox

Nostore is (archived, read-only)

1. Nostrame Nostrame

2. Nowser per IOS Nowser

3. One key (was tricky) One key

Another half hour to search all sites

Nostrapps

Here you can make paths

Then nstart selects Coracle, Chachi, Olas,Nostur and Jumble

Good apps might be Amethyst, 0xchat, Yakihonne, Primal, Damus

for IOS maybe: Primal, Olas, Damus, Nostur, Nos-Social, Nostrmo

On the site there are some categories, I select some with the respective apps

Let's see the categories

Go to Nostrapps and read:

Microbbloging: Primal

Streaming: Zap stream

Blogging: Yakihonne

Group chat: Chachi

Community: Flotilla

Tools: Form *

Discovery: Zapstore (even if it is not in this catrgory)

Direct Message: 0xchat

@ 3bf0c63f:aefa459d

IPFS problems: Shitcoinery

IPFS was advertised to the Ethereum community since the beggining as a way to "store" data for their "dApps". I don't think this is harmful in any way, but for some reason it may have led IPFS developers to focus too much on Ethereum stuff. Once I watched a talk showing libp2p developers – despite being ignored by the Ethereum team (that ended up creating their own agnostic p2p library) – dedicating an enourmous amount of work on getting a libp2p app running in the browser talking to a normal Ethereum node.

The always somewhat-abandoned "Awesome IPFS" site is a big repository of "dApps", some of which don't even have their landing page up anymore, useless Ethereum smart contracts that for some reason use IPFS to store whatever the useless data their users produce.

Again, per se it isn't a problem that Ethereum people are using IPFS, but it is at least confusing, maybe misleading, that when you search for IPFS most of the use-cases are actually Ethereum useless-cases.

See also

• Bitcoin, the only non-shitcoin

@ 3bf0c63f:aefa459d

Why IPFS cannot work, again

Imagine someone comes up with a solution for P2P content-addressed data-sharing that involves storing all the files' contents in all computers of the network. That wouldn't work, right? Too much data, if you think this can work then you're a BSV enthusiast.

Then someone comes up with the idea of not storing everything in all computers, but only some things on some computers, based on some algorithm to determine what data a node would store given its pubkey or something like that. Still wouldn't work, right? Still too much data no matter how much you spread it, but mostly incentives not aligned, would implode in the first day.

Now imagine someone says they will do the same thing, but instead of storing the full contents each node would only store a pointer to where each data is actually available. Does that make it better? Hardly so. Still, you're just moving the problem.

This is IPFS.

Now you have less data on each computer, but on a global scale that is still a lot of data.

No incentives.

And now you have the problem of finding the data. First if you have some data you want the world to access you have to broadcast information about that, flooding the network -- and everybody has to keep doing this continuously for every single file (or shard of file) that is available.

And then whenever someone wants some data they must find the people who know about that, which means they will flood the network with requests that get passed from peer to peer until they get to the correct peer.

The more you force each peer to store the worse it becomes to run a node and to store data on behalf of others -- but the less your force each peer to store the more flooding you'll have on the global network, and the slower will be for anyone to actually get any file.

---

But if everybody just saves everything to Infura or Cloudflare then it works, magic decentralized technology.

Related

• How IPFS is broken

@ 3bf0c63f:aefa459d

Who will build the roads?

Who will build the roads? Em Lagoa Santa, as mais novas e melhores ruas -- que na verdade acabam por formar enormes teias de bairros que se interligam -- são construídas pelos loteadores que querem as ruas para que seus lotes valham mais -- e querem que outras pessoas usem as ruas também. Também são esses mesmos loteadores que colocam os postes de luz e os encanamentos de água, não sem antes terem que se submeter a extorsões de praxe praticadas por COPASA e CEMIG.

Se ao abrir um loteamento, condomínio, prédio um indivíduo ou uma empresa consegue sem muito problema passar rua, eletricidade, água e esgoto, por que não seria possível existir livre-concorrência nesses mercados? Mesmo aquela velha estória de que é ineficiente passar cabos de luz duplicados para que companhias elétricas possam competir já me parece bobagem.

@ 3bf0c63f:aefa459d

How IPFS is broken

I once fell for this talk about "content-addressing". It sounds very nice. You know a certain file exists, you know there are probably people who have it, but you don't know where or if it is hosted on a domain somewhere. With content-addressing you can just say "start" and the download will start. You don't have to care.

Other magic properties that address common frustrations: webpages don't go offline, links don't break, valuable content always finds its way, other people will distribute your website for you, any content can be transmitted easily to people near you without anyone having to rely on third-party centralized servers.

But you know what? Saying a thing is good doesn't automatically make it possible and working. For example: saying stuff is addressed by their content doesn't change the fact that the internet is "location-addressed" and you still have to know where peers that have the data you want are and connect to them.

And what is the solution for that? A DHT!

DHT?

Turns out DHTs have terrible incentive structure (as you would expect, no one wants to hold and serve data they don't care about to others for free) and the IPFS experience proves it doesn't work even in a small network like the IPFS of today.

If you have run an IPFS client you'll notice how much it clogs your computer. Or maybe you don't, if you are very rich and have a really powerful computer, but still, it's not something suitable to be run on the entire world, and on web pages, and servers, and mobile devices. I imagine there may be a lot of unoptimized code and technical debt responsible for these and other problems, but the DHT is certainly the biggest part of it. IPFS can open up to 1000 connections by default and suck up all your bandwidth -- and that's just for exchanging keys with other DHT peers.

Even if you're in the "client" mode and limit your connections you'll still get overwhelmed by connections that do stuff I don't understand -- and it makes no sense to run an IPFS node as a client, that defeats the entire purpose of making every person host files they have and content-addressability in general, centralizes the network and brings back the dichotomy client/server that IPFS was created to replace.

Connections?

So, DHTs are a fatal flaw for a network that plans to be big and interplanetary. But that's not the only problem.

Finding content on IPFS is the most slow experience ever and for some reason I don't understand downloading is even slower. Even if you are in the same LAN of another machine that has the content you need it will still take hours to download some small file you would do in seconds with scp -- that's considering that IPFS managed to find the other machine, otherwise your command will just be stuck for days.

Now even if you ignore that IPFS objects should be content-addressable and not location-addressable and, knowing which peer has the content you want, you go there and explicitly tell IPFS to connect to the peer directly, maybe you can get some seconds of (slow) download, but then IPFS will drop the connection and the download will stop. Sometimes -- but not always -- it helps to add the peer address to your bootstrap nodes list (but notice this isn't something you should be doing at all).

IPFS Apps?

Now consider the kind of marketing IPFS does: it tells people to build "apps" on IPFS. It sponsors "databases" on top of IPFS. It basically advertises itself as a place where developers can just connect their apps to and all users will automatically be connected to each other, data will be saved somewhere between them all and immediately available, everything will work in a peer-to-peer manner.

Except it doesn't work that way at all. "libp2p", the IPFS library for connecting people, is broken and is rewritten every 6 months, but they keep their beautiful landing pages that say everything works magically and you can just plug it in. I'm not saying they should have everything perfect, but at least they should be honest about what they truly have in place.

It's impossible to connect to other people, after years there's no js-ipfs and go-ipfs interoperability (and yet they advertise there will be python-ipfs, haskell-ipfs, whoknowswhat-ipfs), connections get dropped and many other problems.

So basically all IPFS "apps" out there are just apps that want to connect two peers but can't do it manually because browsers and the IPv4/NAT network don't provide easy ways to do it and WebRTC is hard and requires servers. They have nothing to do with "content-addressing" anything, they are not trying to build "a forest of merkle trees" nor to distribute or archive content so it can be accessed by all. I don't understand why IPFS has changed its core message to this "full-stack p2p network" thing instead of the basic content-addressable idea.

IPNS?

And what about the database stuff? How can you "content-address" a database with values that are supposed to change? Their approach is to just save all values, past and present, and then use new DHT entries to communicate what are the newest value. This is the IPNS thing.

Apparently just after coming up with the idea of content-addressability IPFS folks realized this would never be able to replace the normal internet as no one would even know what kinds of content existed or when some content was updated -- and they didn't want to coexist with the normal internet, they wanted to replace it all because this message is more bold and gets more funding, maybe?

So they invented IPNS, the name system that introduces location-addressability back into the system that was supposed to be only content-addressable.

And how do they manage to do it? Again, DHTs. And does it work? Not really. It's limited, slow, much slower than normal content-addressing fetches, most of the times it doesn't even work after hours. But still although developers will tell it is not working yet the IPFS marketing will talk about it as if it was a thing.

Archiving content?

The main use case I had for IPFS was to store content that I personally cared about and that other people might care too, like old articles from dead websites, and videos, sometimes entire websites before they're taken down.

So I did that. Over many months I've archived stuff on IPFS. The IPFS API and CLI don't make it easy to track where stuff are. The pin command doesn't help as it just throws your pinned hash in a sea of hashes and subhashes and you're never able to find again what you have pinned.

The IPFS daemon has a fake filesystem that is half-baked in functionality but allows you to locally address things by names in a tree structure. Very hard to update or add new things to it, but still doable. It allows you to give names to hashes, basically. I even began to write a wrapper for it, but suddenly after many weeks of careful content curation and distribution all my entries in the fake filesystem were gone.

Despite not having lost any of the files I did lose everything, as I couldn't find them in the sea of hashes I had in my own computer. After some digging and help from IPFS developers I managed to recover a part of it, but it involved hacks. My things vanished because of a bug at the fake filesystem. The bug was fixed, but soon after I experienced a similar (new) bug. After that I even tried to build a service for hash archival and discovery, but as all the problems listed above began to pile up I eventually gave up. There were also problems of content canonicalization, the code the IPFS daemon use to serve default HTML content over HTTP, problems with the IPFS browser extension and others.

Future-proof?

One of the core advertised features of IPFS was that it made content future-proof. I'm not sure they used this expression, but basically you have content, you hash that, you get an address that never expires for that content, now everybody can refer to the same thing by the same name. Actually, it's better: content is split and hashed in a merkle-tree, so there's fine-grained deduplication, people can store only chunks of files and when a file is to be downloaded lots of people can serve it at the same time, like torrents.

But then come the protocol upgrades. IPFS has used different kinds of hashing algorithms, different ways to format the hashes, and will change the default algorithm for building the merkle-trees, so basically the same content now has a gigantic number of possible names/addresses, which defeats the entire purpose, and yes, files hashed using different strategies aren't automagically compatible.

Actually, the merkle algorithm could have been changed by each person on a file-by-file basis since the beginning (you could for example split a book file by chapter or page instead of by chunks of bytes) -- although probably no one ever did that. I know it's not easy to come up with the perfect hashing strategy in the first go, but the way these matters are being approached make me wonder that IPFS promoters aren't really worried about future-proof, or maybe we're just in Beta phase forever.

Ethereum?

This is also a big problem. IPFS is built by Ethereum enthusiasts. I can't read the mind of people behind IPFS, but I would imagine they have a poor understanding of incentives like the Ethereum people, and they tend towards scammer-like behavior like getting a ton of funds for investors in exchange for promises they don't know they can fulfill (like Filecoin and IPFS itself) based on half-truths, changing stuff in the middle of the road because some top-managers decided they wanted to change (move fast and break things) and squatting fancy names like "distributed web".

The way they market IPFS (which is not the main thing IPFS was initially designed to do) as a "peer-to-peer cloud" is very seductive for Ethereum developers just like Ethereum itself is: as a place somewhere that will run your code for you so you don't have to host a server or have any responsibility, and then Infura will serve the content to everybody. In the same vein, Infura is also hosting and serving IPFS content for Ethereum developers these days for free. Ironically, just like the Ethereum hoax peer-to-peer money, IPFS peer-to-peer network may begin to work better for end users as things get more and more centralized.

More about IPFS problems:

• IPFS problems: Too much immutability
• IPFS problems: General confusion
• IPFS problems: Shitcoinery
• IPFS problems: Community
• IPFS problems: Pinning
• IPFS problems: Conceit
• IPFS problems: Inefficiency
• IPFS problems: Dynamic links

See also

• A crappy course on torrents, on the protocol that has done most things right
• The Tragedy of IPFS in a series of links, an ongoing Twitter thread.

@ 3bf0c63f:aefa459d

Lagoa Santa: como chegar -- partindo da rodoviária de Belo Horizonte

Ao descer de seu ônibus na rodoviária de Belo Horizonte às 4 e pouco da manhã, darás de frente para um caubói que toma cerveja em seus trajes típicos em um bar no setor mesmo de desembarque. Suba a escada à direita que dá no estacionamento da rodoviária. Vire à esquerda e caminhe por mais ou menos 400 metros, atravessando uma área onde pessoas suspeitas -- mas provavelmente dormindo em pé -- lhe observam, e então uma pracinha ocupada por um clã de mendigos. Ao avistar um enorme obelisco no meio de um cruzamento de duas avenidas, vire à esquerda e caminhe por mais 400 metros. Você verá uma enorme, antiga e bela estação com uma praça em frente, com belas fontes aqüáticas. Corra dali e dirija-se a um pedaço de rua à direita dessa praça. Um velho palco de antigos carnavais estará colocado mais ou menos no meio da simpática ruazinha de parelepípedos: é onde você pegará seu próximo ônibus.

Para entrar na estação é necessário ter um cartão com créditos recarregáveis. Um viajante prudente deixa sempre um pouco de créditos em seu cartão a fim de evitar filas e outros problemas de indisponibilidade quando chega cansado de viagem, com pressa ou em horários incomuns. Esse tipo de pessoa perceberá que foi totalmente ludibriado ao perceber que que os créditos do seu cartão, abastecido quando de sua última vinda a Belo Horizonte, há três meses, pereceram de prazo de validade e foram absorvidos pelos cofre públicos. Terá, portanto, que comprar mais créditos. O guichê onde os cartões são abastecidos abre às 5h, mas não se espante caso ele não tenha sido aberto ainda quando o primeiro ônibus chegar, às 5h10.

Com alguma sorte, um jovem de moletom, autorizado por dois ou três fiscais do sistema de ônibus que conversam alegremente, será o operador da catraca. Ele deixa entrar sem pagar os bêbados, os malandros, os pivetes. Bastante empático e perceptivo do desespero dos outros, esse bom rapaz provavelmente também lhe deixará entrar sem pagar.

Uma vez dentro do ônibus, não se intimide com os gritalhões e valentões que, ofendidíssimos com o motorista por ele ter parado nas estações, depois dos ônibus anteriores terem ignorado esses excelsos passageiros que nelas aguardavam, vão aos berros tirar satisfação.

O ponto final do ônibus, 40 minutos depois, é o terminal Morro Alto. Lá você verá, se procurar bem entre vários ônibus e pessoas que despertam a sua mais honesta suspeita, um veículo escuro, apagado, numerado 5882 e que abrigará em seu interior um motorista e um cobrador que descansam o sono dos justos.

Aguarde na porta por mais uns vinte minutos até que, repentinamente desperto, o motorista ligue o ônibus, abra as portas e já comece, de leve, a arrancar. Entre correndo, mas espere mais um tempo, enquanto as pessoas que têm o cartão carregado passem e peguem os melhores lugares, até que o cobrador acorde e resolva te cobrar a passagem nesse velho meio de pagamento, outrora o mais líqüído, o dinheiro.

Este último ônibus deverá levar-lhe, enfim, a Lagoa Santa.

@ 3bf0c63f:aefa459d

Jofer

Jofer era um jogador diferente. À primeira vista não, parecia igual, um volante combativo, perseguia os atacantes adversários implacavelmente, um bom jogador. Mas não era essa a característica que diferenciava Jofer. Jofer era, digamos, um chutador.

Começou numa semifinal de um torneio de juniores. O time de Jofer precisava do empate e estava sofrendo uma baita pressão do adversário, mas o jogo estava 1 a 1 e parecia que ia ficar assim mesmo, daquele jeito futebolístico que parece, parece mesmo. Só que aos 46 do segundo tempo tomaram um gol espírita, Ruizinho do outro time saiu correndo pela esquerda e, mesmo sendo canhoto, foi cortando para o meio, os zagueiros meio que achando que já tinha acabado mesmo, devia ter só mais aquele lance, o árbitro tinha dado dois minutos, Ruizinho chutou, marcou e o goleiro, que só pulou depois que já tinha visto que não ia ter jeito, ficou xingando.

A bola saiu do meio e tocaram para Jofer, ninguém nem veio marcá-lo, o outro time já estava comemorando, e com razão, o juiz estava de sacanagem em fazer o jogo continuar, já estava tudo acabado mesmo. Mas não, estava certo, mais um minuto de acréscimo, justo. Em um minuto dá pra fazer um gol. Mas como? Jofer pensou nas partidas da NBA em que com alguns centésimos de segundo faltando o armador jogava de qualquer jeito para a cesta e às vezes acertava. De trás do meio de campo, será? Não vou ter nem força pra fazer chegar no gol. Vou virar piada, melhor tocar pro Fumaça ali do lado e a gente perde sem essa humilhação no final. Mas, poxa, e daí? Vou tentar mesmo assim, qualquer coisa eu falo que foi um lançamento e daqui a uns dias todo mundo esquece. Olhou para o próprio pé, virou ele de ladinho, pra fora e depois pra dentro (bom, se eu pegar daqui, direitinho, quem sabe?), jogou a bola pro lado e bateu. A bola subiu escandalosamente, muito alta mesmo, deve ter subido uns 200 metros. Jofer não tinha como ter a menor noção. Depois foi descendo, o goleirão voltando correndo para debaixo da trave e olhando pra bola, foi chegando e pulando já só pra acompanhar, para ver, dependurado no travessão, a bola sair ainda bem alta, ela bateu na rede lateral interna antes de bater no chão, quicar violentamente e estufar a rede no alto do lado direito de quem olhava.

Mas isso tudo foi sonho do Jofer. Sonhou acordado, numa noite em que demorou pra dormir, deitado na sua cama. Ficou pensando se não seria fácil, se ele treinasse bastante, acertar o gol bem de longe, tipo no sonho, e se não dava pra fazer gol assim. No dia seguinte perguntou a Brunildinho, o treinador de goleiros. Era difícil defender essas bolas, ainda mais se elas subissem muito, o goleiro ficava sem perspectiva, o vento alterava a trajetória a cada instante, tinha efeito, ela cairia rápido, mas claro que não valia à pena treinar isso, a chance de acertar o gol era minúscula. Mas Jofer só ia tentar depois que treinasse bastante e comprovasse o que na sua imaginação parecia uma excelente idéia.

Começou a treinar todos os dias. Primeiro escondido, por vergonha dos colegas, chegava um pouco antes e ficava lá, chutando do círculo central. Ao menor sinal de gente se aproximando, parava e ia catar as bolas. Depois, quando começou a acertar, perdeu a vergonha. O pessoal do clube todo achava engraçado quando via Jofer treinando e depois ouvia a explicação da boca de alguém, ninguém levava muito a sério, mas também não achava de todo ridículo. O pessoal ria, mas no fundo torcia praquilo dar certo, mesmo.

Aconteceu que num jogo que não valia muita coisa, empatezinho feio, aos 40 do segundo tempo, a marcação dos adversários já não estava mais pressionando, todo mundo contente com o empate e com vontade de parar de jogar já, o Henrique, meia-esquerdo, humilde, mas ainda assim um pouco intimidante para Jofer (jogava demais), tocou pra ele. Vai lá, tenta sua loucura aí. Assumiu a responsabilidade do nosso volante introspectivo. Seria mais verossímil se Jofer tivesse errado, primeira vez que tentou, restava muito tempo ainda pra ele ter a chance de ser herói, ninguém acerta de primeira, mas ele acertou. Quase como no sonho, Lucas, o goleiro, não esperava, depois que viu o lance, riu-se, adiantou-se para pegar a bola que ele julgava que quicaria na área, mas ela foi mais pra frente, mais e mais, daí Lucas já estava correndo, só que começou a pensar que ela ia pra fora, e ele ia só se dependurar no travessão e fazer seu papel de estar na bola. Acabou que por conta daquele gol eles terminaram em segundo no grupo daquele torneiozinho, ao invés de terceiro, e não fez diferença nenhuma.

@ 2183e947:f497b975

Today I was invited to participate in the private beta of a new social media protocol called Pubky, designed by a bitcoin company called Synonym with the goal of being better than existing social media platforms. As a heavy nostr user, I thought I'd write up a comparison.

I can't tell you how to create your own accounts because it was made very clear that only some of the software is currently open source, and how this will all work is still a bit up in the air. The code that is open source can be found here: https://github.com/pubky -- and the most important repo there seems to be this one: https://github.com/pubky/pubky-core

You can also learn more about Pubky here: https://pubky.org/

That said, I used my invite code to create a pubky account and it seemed very similar to onboarding to nostr. I generated a private key, backed up 12 words, and the onboarding website gave me a public key.

Then I logged into a web-based client and it looked a lot like twitter. I saw a feed for posts by other users and saw options to reply to posts and give reactions, which, I saw, included hearts, thumbs up, and other emojis.

Then I investigated a bit deeper to see how much it was like nostr. I opened up my developer console and navigated to my networking tab, where, if this was nostr, I would expect to see queries to relays for posts. Here, though, I saw one query that seemed to be repeated on a loop, which went to a single server and provided it with my pubkey. That single query (well, a series of identical queries to the same server) seemed to return all posts that showed up on my feed. So I infer that the server "knows" what posts to show me (perhaps it has some sort of algorithm, though the marketing material says it does not use algorithms) and the query was on a loop so that if any new posts came in that the server thinks I might want to see, it can add them to my feed.

Then I checked what happens when I create a post. I did so and looked at what happened in my networking tab. If this was nostr, I would expect to see multiple copies of a signed messaged get sent to a bunch of relays. Here, though, I saw one message get sent to the same server that was populating my feed, and that message was not signed, it was a plaintext copy of my message.

I happened to be in a group chat with John Carvalho at the time, who is associated with pubky. I asked him what was going on, and he said that pubky is based around three types of servers: homeservers, DHT servers, and indexer servers. The homeserver is where you create posts and where you query for posts to show on your feed. DHT servers are used for censorship resistance: each user creates an entry on a DHT server saying what homeserver they use, and these entries are signed by their key.

As for indexers, I think those are supposed to speed up the use of the DHT servers. From what I could tell, indexers query DHT servers to find out what homeservers people use. When you query a homeserver for posts, it is supposed to reach out to indexer servers to find out the homeservers of people whose posts the homeserver decided to show you, and then query those homeservers for those posts. I believe they decided not to look up what homeservers people use directly on DHT servers directly because DHT servers are kind of slow, due to having to store and search through all sorts of non-social-media content, whereas indexers only store a simple db that maps each user's pubkey to their homeserver, so they are faster.

Based on all of this info, it seems like, to populate your feed, this is the series of steps:

• you tell your homeserver your pubkey
• it uses some sort of algorithm to decide whose posts to show you
• then looks up the homeservers used by those people on an indexer server
• then it fetches posts from their homeservers
• then your client displays them to you

To create a post, this is the series of steps:

• you tell your homeserver what you want to say to the world
• it stores that message in plaintext and merely asserts that it came from you (it's not signed)
• other people can find out what you said by querying for your posts on your homeserver

Since posts on homeservers are not signed, I asked John what prevents a homeserver from just making up stuff and claiming I said it. He said nothing stops them from doing that, and if you are using a homeserver that starts acting up in that manner, what you should do is start using a new homeserver and update your DHT record to point at your new homeserver instead of the old one. Then, indexers should update their db to show where your new homeserver is, and the homeservers of people who "follow" you should stop pulling content from your old homeserver and start pulling it from your new one. If their homeserver is misbehaving too, I'm not sure what would happen. Maybe it could refuse to show them the content you've posted on your new homeserver, keeping making up fake content on your behalf that you've never posted, and maybe the people you follow would never learn you're being impersonated or have moved to a new homeserver.

John also clarified that there is not currently any tooling for migrating user content from one homeserver to another. If pubky gets popular and a big homeserver starts misbehaving, users will probably need such a tool. But these are early days, so there aren't that many homeservers, and the ones that exist seem to be pretty trusted.

Anyway, those are my initial thoughts on Pubky. Learn more here: https://pubky.org/

@ 5d4b6c8d:8a1c1ee3

Only one more month to make adjustments and a couple of my guys haven't played enough games to be eligible for the awards. - Jokic needs to play two more - Giannis needs to play five more

Other notable players who haven't yet played 65 games: - Luka is not even close - Brunson needs to play four more (and probably needs to be replaced regardless) - Wemby is not even close

Here's the current state of the competition with your max possible score next to your nym:

| Contestant | MVP | Champ | All NBA | | | | | |--------------|------|---------|----------|-|-|-|-| | @Undisciplined 47| SGA| OKC | Jokic | KAT |Giannis |Tatum | SGA | | @grayruby 46| SGA| Cavs| Jokic | Giannis | SGA| Mitchell| Brunson| | @gnilma 55| SGA| OKC| Jokic | KAT | Giannis | Tatum| SGA | | @BitcoinAbhi 70 | Luka| Denver| Jokic | Giannis | Luka | Ant| SGA| | @Bell_curve 63| SGA| Celtics| Jokic | Giannis | Luka | Ant| SGA| | @0xbitcoiner 70 | Jokic| Pacers| Jokic | Giannis | Luka | Ant| Brunson| | @Coinsreporter 49| Giannis| Pacers| Jokic | Giannis | Luka | Ant| Brunson| | @TheMorningStar 49| Luka| Celtics| Jokic | Giannis | Luka | Ant| SGA| | @onthedeklein 49| Luka| T-Wolves| Jokic | Giannis | Luka | Wemby| SGA| | @Carresan 34| SGA| Memphis| Jokic | KAT | Giannis | Ant| SGA| | @BTC_Bellzer 34| SGA| Celtics| Jokic| Giannis | Tatum| SGA| Brunson | | @realBitcoinDog 39| Lebron| Lakers| Jokic | Giannis | Ant | Brunson | SGA| | @SimpleStacker 42| SGA| Celtics| Jokic| Tatum| Luka | Brunson| SGA| | @BlokchainB 38| SGA| Knicks| KAT| Giannis | Ant| Brunson| SGA| | @LibertasBR 14| SGA| Celtics| Jokic| Giannis | Tatum | Curry| SGA| | @Meani123 7| SGA| OKC| Jokic | KAT | Tatum | Mitchell | SGA|

Prize At least 6k (I'll keep adding zaps to the pot).

If you want to join this contest, just leave your predictions for MVP, Champion, and All-NBA 1st team in the comments. See the June post for more details.

originally posted at https://stacker.news/items/928370

@ df06d21e:2b23058f

Imagine a Living Civilization—a new way to see our world. It starts with the Universe’s pillars: Matter, the stuff we’re made of; Energy, the flow that drives us; Physics, the rules we play by; and Chemistry, the complexity that builds us. We know these well. But civilization? That’s our creation—and although it has been described in so many different ways over the years I thought it was time for something new. Civilization has its own pillars, systems that I call the pillars of the Metaverse: Capital, Information, Innovation, and Trust.

Capital is how we measure value. Not just money, but everything that matters: skills, we call that Human Capital; ecosystems, that’s Natural Capital; infrastructure, Public Capital; relationships, Social Capital. Picture a farmer swapping Bitcoin sats for seeds—not fiat debt—or tracking soil health alongside his wallet. Capital is a system, a system of measurement.

Information is how we verify truth. Think IPFS, a network holding real data—climate stats, farming fixes—open to all, not locked up by some corporate gatekeeper. Information is a system of verification.

Innovation is about generating solutions. On GitHub, coders worldwide crank out tools—Nostr clients, solar apps—shared freely, not patented for profit. Innovation is our system of generation.

And Trust—it’s coordination. Nostr’s decentralized threads let communities set trade rules, split resources—governance from the ground up, no overlords required. Trust is our system of coordination.

Right now we’re stuck in debt-based systems—and they’re failing us. Take fiat currency—central banks print it, slashing your purchasing power. Our dollar buys less every year; savings erode while the elite stack their gains. It’s a scam, Bitcoiners know it—fiat’s the real Ponzi bleeding us dry. Capital gets twisted—firms hoard Bitcoin for fiat pumps, not real wealth; governments chase GDP while forests die and skills sit idle. Information is buried—our media spits out spin, our corporations lock truth in silos. Innovation is stalled—debt props up corporate patents, not open wins. Trust is gone—our governance systems consist of top-down control that splits us apart, left to right, top to bottom. Debt just measures scarcity—money borrowed, nature trashed, bonds frayed—and it’s crushing the pillars.

Wealth-based systems promise to turn that around. Bitcoin’s sound money is just the start—sats hold value, not inflate it away. Real capital measures what sustains us—sats fund a cooperative's water pump, not a vault; they track skills taught, land healed, ties rebuilt. Real Information opens up—IPFS logs show ‘biochar boosted yield 20%’, verified by us, not suits. Real Innovation flows—GitHub devs build Lightning hubs, wealth spreads. Real Trust binds us together—Nostr chats align us, no central puppeteer. Wealth based systems strengthen the pillars of the Metaverse, it doesn’t erode them.

We needed a new framing. A new vision of what was, what is, and what could be. We have one. This is real. This is the world we are building. Bitcoin is live, Nostr is growing, IPFS and GitHub are humming. We can see Debt teetering; while real wealth is rising. So, hodlers, maxis, plebs—everyone—what does a true wealth-based system look like? How can we measure Capital beyond fiat’s con job? Bitcoin’s the rock, but it’s just the beginning. How do we build on this, expand it, and transform everything as we build something entirely new?

@ 3e6e0735:9e95c8a2

https://i.nostr.build/lanoHI3p2aCKRZlV.png

I’ve been thinking a lot lately about why Bitcoin still feels so misunderstood. Not just by the media or the IMF — that part’s predictable. But even inside our own circles, something's missing.

We say it’s money. We say it’s freedom. We say it’s code. And it is. But when you really zoom out, past the price and the politics, it’s something more radical than we usually admit.

Bitcoin is a shift in how power moves. And what we do with that power now actually matters.

The noise outside

Let’s start with the obvious: the media still doesn’t get it. Every other headline is either a death knell or a celebration depending on the price that day. No context. No nuance. No understanding of what we’re building.

You’ve seen the headlines: - “Bitcoin is crashing again.” - “Crypto bros are killing the planet.” - “The IMF warns: Bitcoin adoption is dangerous.”

Yeah? Dangerous to what?

The system they control. The levers they pull. The old game where the house always wins.

That’s why they’re afraid. Not because Bitcoin is volatile, but because it doesn’t ask permission.

This isn’t about panic — it’s about patterns

I’m not saying there’s a conspiracy. But there is inertia. Institutions protect themselves. Systems reinforce themselves. They were never going to roll out the red carpet for an open, borderless network that replaces their function.

So the IMF calls it a threat. Central banks scramble to launch CBDCs. And journalists keep writing the same shallow takes while ignoring the real story.

Meanwhile, we’re still here. Still building. Still holding. Still running nodes.

Bitcoin isn’t perfect. But it’s honest. It doesn’t bend to popularity or political pressure. It enforces rules with math, not people. And that’s exactly why it works.

Even we miss it sometimes

Here’s the part that really hit me recently: even within Bitcoin, we often undersell what this is.

We talk about savings. Inflation. Fiat debasement. All real, all important.

But what about the broader layer? What about governance? Energy? Communication? Defense?

Jason Lowery’s book Softwar lit that fuse for me again. Not because it’s flawless — it’s not. But because he reframed the game.

Bitcoin isn’t a new weapon. It’s the end of weapons-as-power.

Proof-of-work, in Lowery’s view, is a form of peaceful negotiation. A deterrent against coercion. A way to shift from kinetic violence to computational resolution.

Most people — even many Bitcoiners — haven’t fully absorbed that.

It’s not about militarizing the network. It’s about demilitarizing the world through energy expenditure that replaces human conflict.

Let’s be clear: this doesn’t mean Bitcoin will be used this way. It means it can. And that opens up a few possible futures:

• Scenario A: Smaller nations adopt Bitcoin infrastructure as a shield — a deterrent and neutral layer to build sovereignty
• Scenario B: Superpowers attack mining and self-custody, escalating regulatory capture and fragmenting the open protocol into corporate silos
• Scenario C: Bitcoin becomes the boring backend of legacy finance, its edge neutered by ETFs and custody-as-a-service

Which one wins depends on what we build — and who steps up.

Then I found Maya

I came across Maya Parbhoe’s campaign by accident. One of those late-night rabbit holes where Bitcoin Twitter turns into a global map.

She’s running for president of Suriname. She’s a Bitcoiner. And she’s not just tweeting about it — she’s building an entire political platform around it.

No central bank. Bitcoin as legal tender. Full fiscal transparency. Open-source government.

Yeah. You read that right. Not just open-source software — open-source statehood.

Her father was murdered after exposing corruption. That’s not a talking point. That’s real-life consequence. And instead of running away from systems, she’s choosing to redesign one.

That’s maximalism. Not in ideology. In action.

The El Salvador experiment — and evolution

When El Salvador made Bitcoin legal tender in 2021, it lit up our feeds. It was bold. Unprecedented. A true first.

But not without flaws.

The rollout was fast. Chivo wallet was centralized. Adoption stalled in rural areas. Transparency was thin. And despite the brave move, the state’s underlying structure remained top-down.

Bukele played offense, but the protocol was wrapped in traditional power.

Maya is doing it differently. Her approach is grassroots-forward. Open-source by design. Focused on education, transparency, and modular state-building — not just mandates.

She’s not using Bitcoin to prop up state power. She’s using it to distribute it.

Maximalism is evolving

Look, I get it. The memes are fun. The laser eyes. The beefsteak meetups. The HODL culture.

But there’s something else growing here. Something a little quieter, a little deeper: - People running nodes to protect civil liberties - Communities using Lightning for real commerce - Builders forging tools for self-sovereign identity - Leaders like Maya testing what Bitcoin can look like as public infrastructure

This is happening. In real time. It’s messy and fragile and still small. But it’s happening.

Let’s also stay honest:

Maximalism has its risks. Dogma can blind us. Toxicity can push people away. And if we’re not careful, we’ll replace one centralization with another — just wearing different memes.

We need less purity, more principles. Less hype, more clarity. That’s the kind of maximalism Maya embodies.

What now?

Maya doesn’t have a VC fund or an ad agency. She has a message, a mission, and the courage to put Bitcoin on the ballot.

If that resonates, help her. Not just by donating — though here’s the link:

https://geyser.fund/project/maya2025

But by sharing. Writing. Talking. Translating. Connecting.

Bitcoin is still early. But it’s not abstract anymore.

This isn’t just theory.

It’s a protocol, sure. But now, maybe it’s a presidency too.

https://i.nostr.build/0luYy8ojK7gkxsuL.png

@ 3bf0c63f:aefa459d

The flaw of "just use paypal/coinbase" arguments

For the millionth time I read somewhere that "custodial bitcoin is not bitcoin" and that "if you're going to use custodial, better use Paypal". No, actually it was "better use Coinbase", but I had heard the "PayPal" version in the past.

There are many reasons why using PayPal is not the same as using a custodial Bitcoin service or wallet that are obvious and not relevant here, such as the fact that you can't have Bitcoin balances on Bitcoin (or maybe now you can? but you can't send it around); plus all the reasons that are also valid for Coinbase such as you having to give all your data and selfies of yourself and your government documents and so on -- but let's ignore these reasons for now.

The most important reason why it isn't the same thing is that when you're using Coinbase you are stuck in Coinbase. Your Coinbase coins cannot be used to pay anyone that isn't in Coinbase. So Coinbase-style custodianship doesn't help Bitcoin. If you want to move out of Coinbase you have to withdraw from Coinbase.

Custodianship on Lightning is of a very different nature. You can pay people from other custodial platforms and people that are hosting their own Lightning nodes and so on.

That kind of custodianship doesn't do any harm to anyone, doesn't fracture the network, doesn't reduce the network effect of Lightning, in fact it increases it.

@ ec42c765:328c0600

Nostr Advent Calendar 2024 の 12日目の記事です。

昨日の 12/11 は きりの さんの 2024年のNostrリレー運営を振り返る でした。

nostr-zap-view 作った

リポジトリ: https://github.com/Lokuyow/nostr-zap-view/
動作確認ページ: https://lokuyow.github.io/nostr-zap-view/

それ何？

特定の誰かや何かに宛てたZap（投げ銭）を一覧できるやつ
を
自分のWebサイトに設置できるやつ

---

自分のサイトに設置した例 * SNSリンク集ページ（最下部）: https://lokuyow.github.io/
おいくらサッツ（Zap一覧ボタン）: https://osats.money/
今日からビットコ（最下部）: https://lokuyow.github.io/btc-dca-simulator/

なんで作ったの？

私の去年のアドベントカレンダー
【Nostr】Webサイトにビットコインの投げ銭ボタンを設置しよう【Zap】
https://spotlight.soy/detail?article_id=ucd7cbrql/
が前提になってるけど長いので要約すると * ZapするやつはあるけどZap見るやつがないので欲しい * ZapをNostr（の典型的なkind:1クライアント）内だけに留めるのはもったいない * Webサイトの広告うざいからZap（的な何か）で置き換わって欲しい

お前だれ？

非エンジニア、非プログラマー
AIにコード出させてるだけ人

作った感想

できた

作った感想2

完成してから気付いた本当に作りたかったもの
こういうところにそのままZapを表示できる感じにしたい
（ここまでちゃんとした商業ブログでなく）個人のブログやHPの端っこに「Sponsored by」欄があって名前が表示される感じ
もうZapっていう文字もビットコインっていう文字もNostrも出さなくていいし説明もしなくていいのでは感がある
イメージはWebサイトを対象にしたニコニ広告 + スーパーチャット + 祭りとか神社の奉納者一覧

---

で思ったのは
個人からの投げ銭なら推し活的なものにしかならないけど
企業がNostrにアカウントを作ってサイトに投げ銭をしたら企業の広告になるんでは！？
~~企業がNostrにアカウントを！？デリヘルしか見たことない！~~

今後

思いつき、予定は未定
* ボタン→ダイアログ形式でなくバナー、Embed形式にしてページアクセスですぐ見れるようにする * 多分リレーに負荷がかかるのでなんかする * Zapの文字は出さず「Sponsored by」等にする * 単純な最新順でなくする * 少額Zapをトリミング * 一定期間（一か月など）ごとで金額順にソート * 多分リレーに負荷がかかるのでなんかする * 今は投稿宛てのZapをWebサイト宛てのZapと勝手に言い張ってるだけなのでちゃんとWebサイト宛てのZapにする * NIPの提案が必要 * ウォレットの準拠も必要 * リレー（wss://~）宛てのZapもできてほしい

将来

インターネットのすべてに投げ銭をさせろ

---

おわり

明日は mono さんの Open Sats 申請編 です！！

@ 7d33ba57:1b82db35

Preko is a charming seaside town on Ugljan Island, just a short ferry ride from Zadar. Known for its beautiful beaches, relaxed atmosphere, and stunning views of the Adriatic, it's the perfect place to experience authentic Dalmatian island life.

🌊 Top Things to See & Do in Preko

1️⃣ Swim at Jaz Beach 🏖️

• A Blue Flag beach with clear turquoise waters and soft pebbles.
• Ideal for families thanks to its shallow waters.
• Nearby cafés and restaurants make it a great spot to spend the day.

2️⃣ Visit the Islet of Galevac 🏝️

• A tiny island just 80 meters from Preko, reachable by swimming or a short boat ride.
• Home to a 15th-century Franciscan monastery, surrounded by lush greenery.
• A peaceful retreat, perfect for relaxation.

3️⃣ Hike to St. Michael’s Fortress (Sv. Mihovil) 🏰

• A medieval fortress from the 13th century with breathtaking panoramic views.
• Overlooks Zadar, Kornati Islands, and the Adriatic Sea.
• A 1-hour scenic hike from Preko or accessible by bike or car.

4️⃣ Explore the Local Taverns & Seafood Restaurants 🍽️

• Try fresh seafood, octopus salad, and Dalmatian peka (slow-cooked meat & vegetables).
• Best spots: Konoba Roko (authentic seafood) & Vile Dalmacija (beachfront dining).

5️⃣ Rent a Bike or Scooter 🚲

• Explore Ugljan Island’s olive groves, hidden coves, and coastal paths.
• Visit nearby villages like Kali and Kukljica for more local charm.

6️⃣ Take a Day Trip to Zadar ⛵

• Just 25 minutes by ferry, Zadar offers historic landmarks, the Sea Organ, and Roman ruins.
• Perfect for a cultural excursion before returning to the peaceful island.

🚗 How to Get to Preko

🚢 By Ferry:
- From Zadar: Regular ferries (Jadrolinija) take ~25 minutes.
🚘 By Car:
- If driving, take the ferry from Zadar to Preko and explore the island.
🚴 By Bike:
- Many visitors rent bikes to explore Ugljan Island’s coastal roads.

💡 Tips for Visiting Preko

✅ Best time to visit? May–September for warm weather & swimming 🌞
✅ Ferry schedules – Check times in advance, especially in the off-season ⏳
✅ Bring cash – Some smaller taverns and cafés may not accept cards 💰
✅ Stay for sunset – The views over Zadar from Preko’s waterfront are stunning 🌅

Would you like hotel recommendations, hidden beaches, or other island activities? 😊

@ 3bf0c63f:aefa459d

My personal experience (as a complete ignorant) of the blocksize debate in 2017

In the beginning of 2017 I didn't know Bitcoin was having a "blocksize debate". I had stopped paying attention to Bitcoin in 2014 after reading Tim Swanson's book on shitcoineiry and was surprise people even care about Bitcoin still while Ethereum and other fancy things were around.

My introduction to the subject was this interview with Andrew Stone and Andrew Clifford from Bitcoin Unlimited (still don't know who these guys are). I've listened to it and kinda liked the conspiracy theory about "a group of developers trying, against miners and users, to control the whole ecosystem by not allowing blocks to grow" (actually, if you listen to this interview that announced the creation of Blockstream and the sidechains whitepaper it does sound like a government agent bribing all the Core developers into forming a consortium that will turn Bitcoin into an Ethereum-like shitcoin under their control -- but this is just a useless digression).

Some time later I listened to this interview with Jimmy Song and was introduced to two hard forks and conspiracies and New York Agreement and got excited because I didn't care about Bitcoin (I'm ashamed to remember this feeling) and wanted to see things changing, people fighting, Bitcoin burning, for no reason. Oddly, what I grasped from the interview was that Jimmy Song was defending the agreement and expecting everybody to fulfill it.

When the day actually come and "Bitcoin Cash" forked I looked at it with pity because it looked clearly a failure from the beginning, but I still cheered for it a bit, still not knowing anything about the debate, besides the fact that blocks were bigger on BCH, which looked like a very reductionist explanation to me.

"Of course it's not just making blocks bigger, that would be too simple, they probably have a very complex plan I'm not apt to understand", I thought.

To my surprise the entire argument was actually just that: bigger blocks bigger blocks. I came to that conclusion by listening to tomwoods.com/1064, a debate in which reasonable arguments faced childish claims. That debate gave me perspective and was a clear, undisputed win from Jameson Lopp against Roger Ver.

Actually some time before that I had listened to another Tom Woods Show episode thinking it was going to be an episode about Bitcoin, but in fact it was just propaganda about a debate I had almost forgotten. And nothing about Bitcoin, everything about "Bitcoin Cash" and how there were two Bitcoins, one legitimate and the other unlegitimate.

So, from the perspective of someone that came to the debate totally fresh and only listens to the big-blocker arguments for a long time, they still don't convince anyone with some common sense (as I would like to think of myself), they just sound like mad dogs and everything goes against themselves.

---

Fast forward to the present and with much more understanding of the issues in place I started digging some material from 2016-2017 about the debate to try to get more context, and found this ridiculous interview with Mike Hearn. It isn't a waste of time to listen to it if you're not familiar with the debate from that time.

As I should have probably expected from my experience with Epicenter.tv, both the interviewers agree with Mike Hearn about his ridiculous claims about how (not his words) we have to subsidize the few thousand current Bitcoin users by preventing fees from increase and there are no trade-offs to doing that -- and even with everybody agreeing they all manage to sound stupid. There's not a single phrase that is defendable in the entire interview, no criticisms make any sense, it makes me feel bad for the the guy as he feels so self-assured and obviouslyright.

After knowing about these and other adventures of stupid people with high influences in the Bitcoin world trying to impose their idiocy on others it feels even more odd and unexpected to find Bitcoin in the right track. Generally in politics the most dumb wins, but apparently not in Bitcoin.

Bitcoin is a miracle.

@ 6bcc27d2:b67d296e

yugoです。 この記事は「Nostrasia2024 逆アドベントカレンダー」10/19の分です。Nostrasiaの当日はリアルタイムで配信を視聴していました。Nostrを使ってアプリケーションの再発明をすべきという発表を聴き、自分だったらどんなものを作ってみたいかを考えて少し調べたり試みたりしたのでその記録を書きます。また、超簡単なものですがおそらく世界初となるvisionOS対応のNostrクライアントをつくってみたので最後の方に紹介します。

アプリケーションを再発明する話があったのは、「What is Nostr Other Stuff?」と題したkaijiさんの発表でした。

Nostrプロトコルを使って既存のアプリケーションを再発明することで、ユーザ体験を損なわずにゆるやかな分散を促すことができ、プロトコルとしてのNostrも成長していくというような内容でした。

自分はまだNostrで何かをつくった経験はなかったので、実装に必要な仕様の知識がほとんどない状態からどのようなアプリケーションをつくってみたいかを考えました。

最初に思いついたのは、Scrapboxのようなネットワーク型のナレッジベースです。自分は最近visionOS勉強会をやっており、勉強会でナレッジを共有する手段としてScrapboxの導入を検討していました。

Nostrコミュニティにも有志によるScrapboxがありますが、Nostrクライアントがあればそれを使うだろうから同じくらいの実用性を備えたクライアントはまだ存在しないのではないかという見立てでした。

長文投稿やpublic chatなどの機能を組み合わせることで実現できるだろうか。そう思っていた矢先、NIP-54のWikiという規格があることを知りました。

https://github.com/nostr-protocol/nips/blob/master/54.md

まだちゃんとは読めていないですが、Scrapboxもwikiソフトウェアだし参考になりそうと思っています。正式な仕様に組み込まれていないようで、採用しているクライアントはfiatjafによるリファレンス実装(?)のwikistrくらいしか見つかりませんでした。

Scrapboxのようなナレッジベースを志向するNostrクライアントがあれば、後述するvisionOS対応クライアントの存在もありアカウントを使いまわせて嬉しいので試してみたいです。もし他にも似たようなサービスをどなたか知っていたら教えてください。

また現在は、勉強会やワークショップ、ハッカソンなどのコラボレーションワークを支援するためのツールを自分たちでも開発しています。Apple Vision Proに搭載されているvisionOSというプラットフォームで動作します。

https://image.nostr.build/14f0c1b8fbe5ce7754825c01b09280a4c22f87bbf3c2fa6d60dd724f98919c34.png

この画面で自分が入りたいスペースを選んで共有体験を開始します。

スライドなどのコンテンツや自らのアバターを同期させることで、遠隔地にいてもまるでオフラインかのように同じ空間を共有することが可能になります。

https://image.nostr.build/cfb75d3db2a9b9cd39f502d6426d5ef4f264b3d5d693b6fc9762735d2922b85c.jpg

ということなので、急遽visionOS対応のクライアントを作ってみました。検索しても1つも事例が出てこなかったので多分まだ世界で実装しているアプリはないのではないでしょうか。

とはいえ、クライアントを名乗っているもののまだ大した機能はなく、リレーからデータを取得するだけの読み取り専用です。

https://image.nostr.build/96e088cc6a082528682989ccc12b4312f9cb6277656e491578e32a0851ce50fe.png

画像では自分のプロフィールデータをリレーから取得しています。

まだどのライブラリもvisionOSに対応していなかったりで手こずったものの仕様の勉強になりました。

ただvisionOSアプリはiOSアプリ同様NIP-7が使えないので秘密鍵を自分で保管しなくてはならず、今後どう対処すべきかわかりかねています。これから時間ある時に少しずつ調べていこうと思っていますが、ネイティブアプリの秘密鍵周りはあまりリソースが多くないようにも感じました。もしどなたかその辺の実装に詳しい方いたら教えていただけると嬉しいです。

準備ができたらそのうちコードも公開したいと思っています。

これから少しずつ色んな機能を実装しながらNostrで遊んでいきたいです！

@ 7d33ba57:1b82db35

Krka National Park, located in central Dalmatia, is one of Croatia’s most breathtaking natural wonders. Famous for its stunning waterfalls, crystal-clear lakes, and lush forests, the park is a must-visit for nature lovers. Unlike Plitvice Lakes, Krka allows swimming in certain areas, making it a perfect summer escape.

🌊 Top Things to See & Do in Krka National Park

1️⃣ Skradinski Buk Waterfall 💦

• The largest and most famous waterfall in the park, with cascading pools and wooden walkways.
• You used to be able to swim here, but since 2021, swimming is no longer allowed.
• Perfect for photography and picnics.

2️⃣ Roški Slap Waterfall 🌿

• A less crowded but equally beautiful series of waterfalls.
• Known for its "necklace" of small cascades leading into the main fall.
• Nearby Mlinica, a restored watermill, shows traditional Croatian life.

3️⃣ Visovac Island & Monastery 🏝️

• A tiny island in the middle of the Krka River, home to a Franciscan monastery from the 15th century.
• Accessible by boat tour from Skradinski Buk or Roški Slap.
• A peaceful, scenic spot with stunning views of the lake.

4️⃣ Krka Monastery 🏛️

• A Serbian Orthodox monastery hidden deep in the park.
• Built on ancient Roman catacombs, which you can explore.
• A quiet, spiritual place, often overlooked by tourists.

5️⃣ Hike & Walk the Nature Trails 🥾

• The park has several well-marked trails through forests, waterfalls, and lakes.
• Wooden walkways allow easy access to the main sights.
• Wildlife spotting: Look out for otters, turtles, and over 200 bird species!

6️⃣ Swim at Skradin Beach 🏖️

• While you can’t swim at Skradinski Buk anymore, Skradin Beach, just outside the park, is a great spot for a dip.
• Kayaking and boat tours available.

🚗 How to Get to Krka National Park

✈️ By Air: The nearest airport is Split (SPU), 1 hour away.
🚘 By Car:
- Split to Krka: ~1 hour (85 km)
- Zadar to Krka: ~1 hour (75 km)
- Dubrovnik to Krka: ~3.5 hours (280 km)
🚌 By Bus: Direct buses from Split, Zadar, and Šibenik to the park’s entrances.
🚢 By Boat: From Skradin, you can take a boat ride into the park.

💡 Tips for Visiting Krka National Park

✅ Best time to visit? Spring & early autumn (April–June, September–October) – Fewer crowds & mild weather 🍃
✅ Start early! Arrive before 10 AM to avoid crowds, especially in summer ☀️
✅ Bring water & snacks – Limited food options inside the park 🍎
✅ Wear comfy shoes – Wooden walkways & trails can be slippery 👟
✅ Take a boat tour – The best way to see Visovac Island & hidden spots ⛵
✅ Buy tickets online – Save time at the entrance 🎟️

@ 0d6c8388:46488a33

Huge thank you to OpenSats for the grant to work on Hypernote this year! I thought I'd take this opportunity to try and share my thought processes for Hypernote. If this all sounds very dense or irrelevant to you I'm sorry!

===

How can the ideas of "hypermedia" benefit nostr? That's the goal of hypernote. To take the best ideas from "hypertext" and "hypercard" and "hypermedia systems" and apply them to nostr in a specifically nostr-ey way.

1. What do we mean by hypermedia

A hypermedia document embeds the methods of interaction (links, forms, and buttons are the most well-known hypermedia controls) within the document itself. It's including the how with the what.

This is how the old web worked. An HTML page was delivered to the web browser, and it included in it a link or perhaps a form that could be submitted to obtain a new, different HTML page. This is how the whole web worked early on! Forums and GeoCities and eBay and MySpace and Yahoo! and Amazon and Google all emerged inside this paradigm.

A web browser in this paradigm was a "thin" client which rendered the "thick" application defined in the HTML (and, implicitly, was defined by the server that would serve that HTML).

Contrast this with modern app development, where the what is usually delivered in the form of JSON, and then HTML combined with JavaScript (React, Svelte, Angular, Vue, etc.) is devised to render that JSON as a meaningful piece of hypermedia within the actual browser, the how.

The browser remains a "thin" client in this scenario, but now the application is delivered in two stages: a client application of HTML and JavaScript, and then the actual JSON data that will hydrate that "application".

(Aside: it's interesting how much "thicker" the browser has had to become to support this newer paradigm!)

Nostr was obviously built in line with the modern paradigm: nostr "clients" (written in React or Svelte or as mobile apps) define the how of reading and creating nostr events, while nostr events themselves (JSON data) simply describe the what.

And so the goal with Hypernote is to square this circle somehow: nostr currently delivers JSON what, how do we deliver the how with nostr as well. Is that even possible?

2. Hypernote's design assumptions

Hypernote assumes that hypermedia over nostr is a good idea! I'm expecting some joyful renaissance of app expression similar to that of the web once we figure out how to express applications in a truly "nostr" way.

Hypernote was also deeply inspired by HTMX, so it assumes that building web apps in the HTMX style is a good idea. The HTMX insight is that instead of shipping rich scripting along with your app, you could simply make HTML a tiny bit more expressive and get 95% of what most apps need. HTMX's additions to the HTML language are designed to be as minimal and composable as possible, and Hypernote should have the same aims.

Hypernote also assumes that the "design" of nostr will remain fluid and anarchic for years to come. There will be no "canonical" list of "required" NIPs that we'll have "consensus" on in order to build stable UIs on top of. Hypernote will need to be built responsive to nostr's moods and seasons, rather than one holy spec.

Hypernote likes the nak command line tool. Hypernote likes markdown. Hypernote likes Tailwind CSS. Hypernote likes SolidJS. Hypernote likes cold brew coffee. Hypernote is, to be perfectly honest, my aesthetic preferences applied to my perception of an opportunity in the nostr ecosystem.

3. "What's a hypernote?"

Great question. I'm still figuring this out. Everything right now is subject to change in order to make sure hypernote serves its intended purpose.

But here's where things currently stand:

A hypernote is a flat list of "Hypernote Elements". A Hypernote Element is composed of:

1. CONTENT. Static or dynamic content. (the what)
2. LOGIC. Filters and events (the how)
3. STYLE. Optional, inline style information specific to this element's content.

In the most basic example of a hypernote story, here's a lone "edit me" in the middle of the canvas:

{ "id": "fb4aaed4-bf95-4353-a5e1-0bb64525c08f", "type": "text", "text": "edit me", "x": 540, "y": 960, "size": "md", "color": "black" }

As you can see, it has no logic, but it does have some content (the text "edit me") and style (the position, size, and color).

Here's a "sticker" that displays a note:

{ "id": "2cd1ef51-3356-408d-b10d-2502cbb8014e", "type": "sticker", "stickerType": "note", "filter": { "kinds": [ 1 ], "ids": [ "92de77507a361ab2e20385d98ff00565aaf3f80cf2b6d89c0343e08166fed931" ], "limit": 1 }, "accessors": [ "content", "pubkey", "created_at" ], "x": 540, "y": 960, "associatedData": {} }

As you can see, it's kind of a mess! The content and styling and underdeveloped for this "sticker", but at least it demonstrates some "logic": a nostr filter for getting its data.

Here's another sticker, this one displays a form that the user can interact with to SEND a note. Very hyper of us!

{ "id": "42240d75-e998-4067-b8fa-9ee096365663", "type": "sticker", "stickerType": "prompt", "filter": {}, "accessors": [], "x": 540, "y": 960, "associatedData": { "promptText": "What's your favorite color?" }, "methods": { "comment": { "description": "comment", "eventTemplate": { "kind": 1111, "content": "${content}", "tags": [ [ "E", "${eventId}", "", "${pubkey}" ], [ "K", "${eventKind}" ], [ "P", "${pubkey}" ], [ "e", "${eventId}", "", "${pubkey}" ], [ "k", "${eventKind}" ], [ "p", "${pubkey}" ] ] } } } }

It's also a mess, but it demos the other part of "logic": methods which produce new events.

This is the total surface of hypernote, ideally! Static or dynamic content, simple inline styles, and logic for fetching and producing events.

I'm calling it "logic" but it's purposfully not a whole scripting language. At most we'll have some sort of jq-like language for destructing the relevant piece of data we want.

My ideal syntax for a hypernote as a developer will look something like

```foo.hypernote Nak-like logic

Markdown-like content

CSS-like styles ```

But with JSON as the compile target, this can just be my own preference, there can be other (likely better!) ways of authoring this content, such as a Hypernote Stories GUI.

The end

I know this is all still vague but I wanted to get some ideas out in the wild so people understand the through line of my different Hypernote experiments. I want to get the right amount of "expressivity" in Hypernote before it gets locked down into one spec. My hunch is it can be VERY expressive while remaining simple and also while not needing a whole scripting language bolted onto it. If I can't pull it off I'll let you know.

@ bf95e1a4:ebdcc848

This is a part of the Bitcoin Infinity Academy course on Knut Svanholm's book Bitcoin: Sovereignty Through Mathematics. For more information, check out our Geyser page!

Financial Atheism

“Don’t trust, verify” is a common saying amongst bitcoiners that represents a sound attitude towards not only Bitcoin but all human power structures. In order to understand Bitcoin, one must admit that everything in society is man-made. Every civilization, every religion, every constitution, and every law is a product of human imagination. It wasn’t until as late as the 17th century that the scientific method started to become the dominant practice for describing how the world actually worked. Peer-to-peer review and repeated testing of a hypothesis are still quite recent human practices. Before this, we were basically just guessing and trusting authorities to a large extent. We still do this today, and despite our progress over the last couple of centuries, we still have a long way to go. Our brains are hardwired to follow the leader of the pack. The human brain is born with a plethora of cognitive biases pre-installed, and we have to work very hard to overcome them. We evolved to survive in relatively small groups, and our brains are thus not really made for seeing the bigger picture. Bitcoin’s proof-of-work algorithm is constructed in such a way that it is easy to verify that computational power was sacrificed in order to approve a block of transactions and claim its reward. In this way, no trust in any authority is required as it is relatively trivial to test the validity of a block and the transactions it contains. This is nothing short of a complete reimagining of how human society ought to be governed. The beauty of mathematics governs the Bitcoin system. Everything that ever happens in Bitcoin is open and verifiable to everyone, even to those who are not yet using it.

After the tragic events of 9/11 in 2001, Sam Harris started writing his book The End of Faith, which happened to be released around the same time as Richard Dawkins’ The God Delusion, Daniel Dennett's Breaking the Spell, and Christopher Hitchens’ God Is Not Great: How Religion Poisons Everything. These books kick-started what, in hindsight, has often been referred to as the new atheist movement, even though there has arguably never been anything new about atheism. Atheism must almost certainly have preceded religion since religious ideas require the person holding the idea to believe a certain doctrine or story. Atheism is nothing but the rejection of ways to describe the world that are not verifiable by experimentation. A fly on the wall is probably an atheist by this definition of the word. Atheism is often accused of being just another set of beliefs, but the word itself describes what it is much better — a lack of belief in theistic ideas. It is not a code of conduct or set of rules to live your life by; it is simply the rejection of that which cannot be scientifically verified. Many people, religious people, in particular, have a hard time grasping this. If you believe that a supernatural entity created everything in everyone's life, you might not be too comfortable with a word that describes a complete rejection of what you believe created everything, including the very atheist that the word describes. The amount of different religious worldviews that exist is probably equal to the sum of all religious people on the planet, but all world views that reject these superstitious beliefs require but one word. Atheism is not the opposite of religion but is simply the lack of it.

In 2008, another sub-culture movement of unbelief was born. Let’s call it Financial Atheism — the rejection of unverifiable value claims. With the invention of Bitcoin, a way of rejecting fraudulent expressions of a token’s value was born. Those of us fortunate enough to have been born in secular countries all enjoy not having the ideas of religious demagogues dictating our lives on a daily basis. We can choose which ideas to believe in and which to reject. What we still have very limited means of choosing, however, are the ways in which we express value to each other. We’re told to use a system in which we all have a certain number of value tokens assigned to our name, either as a number on a screen or as digits on paper notes. We all live in the collective hallucination that these numbers are somehow legit and that their authenticity is not to be questioned.

A Bitcoin balance assigned to a certain Bitcoin address might seem just as questionable to a layman, but if you have a basic understanding of the hashing algorithms and game theory behind it, it’s not. At the time of writing, the hash of the latest block on the Bitcoin blockchain begins with eighteen zeros in a row. These zeros represent the Proof of Work that ensures that this block is valid and that every transaction in it actually happened. If you can grasp the concept of a hashing algorithm, and if you have an intuition about mathematics, you realize the gargantuan amount of calculating effort that went into finding this particular hash. It is simply mind-blowing. To forge a false version of a hash beginning with eighteen zeros just wouldn’t be economically viable. Of course, you can never actually know that a 51% attack or some other attempt at corrupting the blockchain hasn’t occurred, but you can know that such an attack would require more than half of the network acting against their own economic interest. Bitcoin is not something to believe in. You don’t need to trust any authority because you can validate the plausibility of its authenticity yourself. It’s the financial equivalent of atheism or unbelief. Satoshi wasn’t Jesus. Satoshi was Brian of Nazareth, telling his followers to think for themselves.

The first law of thermodynamics, also known as the Law of Conservation of Energy, states that energy cannot be created or destroyed in an isolated system. The second law states that the entropy of any isolated system always increases, and the third law states that the entropy of a system approaches a constant value as the temperature approaches absolute zero. In the Bitcoin network, participants known as miners compete for new Bitcoin in a lottery with very fixed rules. The more hashing power (computing power) a miner contributes to the network, the higher his chances of winning the block reward, a specific amount of Bitcoin that is halved every four years. The difficulty of this lottery - in other words, the miner’s chance of winning it — is re-calibrated every 2016th block so that the average time it takes to find the next block is always roughly ten minutes. What this system produces is absolute scarcity; the amount of Bitcoin in existence at any moment in time is always predictable. The more time that passes, the slower the rate of coin issuance and the block reward slowly approaches zero. By the time it does, around the year 2140, the individual miner’s incentive to mine for a reward will, at least theoretically, have been replaced by an incentive to collect transaction fees from the participants of the network. Even now, the sum of all fees make up a non-trivial part of the miners’ revenue. Yet from a user’s point of view the fees are still very low, and as the network scales up using Layer 2 solutions such as the Lightning Network, they’re expected to remain low for quite a long time ahead.

Absolute scarcity is a concept that mankind has never encountered before. Arguably, this makes it the first man-made concept to ever be directly linked to the laws of physics. Everything anyone does requires a certain amount of energy. The very word doing implies that some kind of movement, some type of energy expenditure, needs to occur. As mentioned earlier, how we value things is entirely subjective. Different actions are of different value to different people. How we value different things is also inevitably linked to the supply of those things. Had the trapped-under-ice winter diver mentioned in chapter one been equipped with a scuba tank, he probably wouldn't have thought of his next breath as such a precious thing. The price a person is willing to pay for a good — in other words, the sum of one or more person’s actions — can be derived from two basic variables: The highly subjective demand for the good and the always-constrained-by-time-and-space supply of that same good. Note that if supply is sufficiently limited, there only needs to be a minimal amount of demand for a good for its price to increase.

One could argue that no one needs Bitcoin and that, therefore, Bitcoin would have no intrinsic value. One could also argue that there’s no such thing as intrinsic value since demand is always subjective. In any case, there will always be a cost to mine Bitcoin, and the more mining power in the network, the higher that cost. This cost, ensured by the Bitcoin network’s Proof-Of-Work algorithm, is probably as close to a pure energy cost as the price of a human activity will ever get. Once the mining rig is in place, a simple conversion process follows — energy in, scarce token out. Should the cost of production exceed the current price of the token, the miner can just choose not to sell, thereby limiting the supply of Bitcoin in circulation even more and eventually selling them for other goods whenever he sees fit. In this sense, Bitcoin is a battery. Perhaps the best battery ever invented.

Storing and moving electrical energy around has always been costly and wasteful. Bitcoin offers a way of converting energy into a small part of a specific number. A mathematical battery, if you will. It is important to remember that it does not convert energy into value directly, but rather electricity into digital scarcity — digital scarcity that can be used to express value. Energy cannot be created or destroyed in an isolated system, as the first law of thermodynamics clearly states. Bitcoin can express how much energy was sacrificed in order to acquire a share of the total sum. You can also acquire Bitcoin by buying it rather than mining it, but in doing so, you also spend energy. You somehow acquired the money with which you bought the Bitcoin. You, or someone else, sacrificed time and energy somewhere. Bitcoin lets you express that you see that there’s a connection between value and scarcity by letting you sacrifice effort to claim a part of the total sum.

The excitement we so-called "Bitcoin Maximalists" feel about Bitcoin does not come primarily from the enormous gains that those who hopped early onto the freight train have been blessed with. Nor is it because we’re “in it for the technology,” as can often be heard from opponents. Those of us who preach the near-divinity of this invention do so above all because we see the philosophical impacts of absolute scarcity in a commodity. The idea of a functioning solution to the double-spending problem in computerized money is an achievement that simply can’t be ignored. By solving the double-spending problem, Satoshi also made counterfeiting impossible, which in turn makes artificial inflation impossible. The world-changing potential of this invention cannot be understated. Not in the long run.

The more you think about it, the more the thought won’t give you any peace of mind. If this experiment works, if it’s real, it will take civilization to the next level. What we don’t know is how long this will take. Right now, debates in the Bitcoin space are about Bitcoin’s functionality as a medium of exchange and its potential as a good store of value. We might be missing the point. We cannot possibly know if a type of monetary token for which you’re completely responsible, with no third-party protection, will ever become a preferred medium of exchange for most transactions. Nor can we know if the price of Bitcoin will follow the hype-cycle path that we all want it to follow so that it can become the store of value that most maximalists claim it already is. Maybe we’ve been focused on the wrong things all along. Maybe Bitcoin’s greatest strength is in its functionality as a unit of account. After all, this is all that Bitcoin does. If you own 21 Bitcoin, you own one-millionth of the world's first absolutely scarce commodity. This might not make you rich overnight, but it just might have something to do with the opportunities available to your great-great-grandchildren.

Throughout history, whenever a prehistoric human tribe invented ceremonial burial, that tribe began to expand rapidly. Why? Because as soon as you invent belief in an afterlife, you also introduce the idea of self-sacrifice on a larger scale. People who held these beliefs were much easier for a despot to manipulate and send into battle with neighboring tribes. Religious leaders can use people’s fears and superstitions to have them commit all sorts of atrocities to their fellow man, and they still do so today. Belief in a “greater good” can be the most destructive idea that can pop up in a human mind. The Nazis of World War II Germany believed that exterminating Jews was for the “greater good” of their nation’s gene pool. Belief in noble causes often comes with unintended side effects, which can have disastrous consequences.

Religious leaders, political leaders, and other power-hungry sociopaths are responsible for the greatest crimes against humanity ever committed — namely, wars. Europeans often question the Second Amendment to the United States Constitution, which protects the right to bear arms, whenever a tragic school shooting occurs on the other side of the Atlantic. What everyone seems to forget is that less than a hundred years ago, Europe was at war with itself because its citizens had given too much power to their so-called leaders. The Nazis came to power in a democracy — never forget that. Our individual rights weren’t given to us by our leaders; we were born with them. Our leaders can’t give us anything; they can only force us to behave in certain ways. If we truly want to be in charge of our lives, we need to find the tools necessary to circumvent the bullshit ourselves.

About the Bitcoin Infinity Academy

The Bitcoin Infinity Academy is an educational project built around Knut Svanholm’s books about Bitcoin and Austrian Economics. Each week, a whole chapter from one of the books is released for free on Highlighter, accompanied by a video in which Knut and Luke de Wolf discuss that chapter’s ideas. You can join the discussions by signing up for one of the courses on our Geyser page. Signed books, monthly calls, and lots of other benefits are also available.

@ 3bf0c63f:aefa459d

idea: Per-paragraph paywalls

Using the lnurl-allowance protocol, a website could instead of putting a paywall over the entire site, charge a reader for only the paragraphs they read. Of course this requires trust from the reader on the website, but this is normal. The website could just hide the rest of the article before an invoice from the paragraph just read was paid.

This idea came from Colin from the Unhashed Podcast.

Could also work with podcasts and videos.

@ 5d4b6c8d:8a1c1ee3

I'm short on time this morning, so I'm just plagiarizing @grayruby's notes, with minor revisions.

Territory Things:

• March Madness Points Challenge https://stacker.news/items/924541/r/Undisciplined
• IPL T20k Mania https://stacker.news/items/920125/r/Undisciplined
• CricZap https://stacker.news/items/919957/r/Undisciplined
• USA vs World https://stacker.news/items/923533/r/Undisciplined
• Any changes to NBA Prediction contest for March? (post coming today)
• Stackers voted to delay MLB Survivor

NCAA:

• How many 1 seeds will make final four?
• Cooper Flagg is the consensus number 1 but will he be a great NBA player?

NFL:

• Rule change proposals: Ban the tush push and make dynamic kickoff permanent

NBA;

• Pre playoffs Power Rankings

Blok'd Shots:

• Ovi with 6 to go

MLB:

• opening day finally arrived
• American League is a crap shoot
• Fantasy MLB

Betting:

• predyx markets
• Betplay- didn't work for me but how are you liking it?

And, as we do every week, we'll share an awesome @Aardvark sports fact.

What are we missing?

originally posted at https://stacker.news/items/927714

@ ff517fbf:fde1561b

ビットコインが「最強の担保」と言われる理由

ビットコインは「デジタルゴールド」とも呼ばれることがありますが、実はローンの担保としても最強だと言われています。その理由を、他の資産（株式、不動産、金など）と比較しながら見てみましょう。

• 流動性と即時性：ビットコインは24時間365日世界中で取引されているため、非常に流動性が高い資産です。売買がすぐにできて価格も常に明確なので、担保評価がしやすく、お金を貸す側・借りる側双方に安心感を与えます。一方、株式や不動産は市場が営業時間内しか動かず、現金化にも時間がかかります。不動産は売却に数ヶ月かかることもありますし、金（ゴールド）は現物を保管・輸送する手間があります。ビットコインならネット上で即座に担保設定・解除ができるのです。

• 分割性と柔軟性：ビットコインは小数点以下8桁まで分割可能（1億分の1が最小単位の「サトシ」）なので、必要な額だけ正確に担保に充てることができます。他方、土地や建物を一部だけ担保に入れることは難しいですし、株式も1株未満の細かい調整はできません。ビットコインなら価値の微調整が容易で、担保として柔軟に扱えるのです。

• 管理のしやすさ（マルチシグによる信頼性）：HodlHodlのLendでは、ビットコイン担保は2-of-3のマルチシグ契約で管理されます。これは「借り手・貸し手・プラットフォーム」の3者それぞれが鍵を持ち、2つの鍵の同意がないとビットコインを動かせない仕組みです。このため、誰か一人が勝手に担保を持ち逃げすることができず、第三者（HodlHodl）も単独ではコインを移動できません。ビットコインだからこそ実現できる非中央集権で安全な担保管理であり、株式や不動産を担保にする場合のように銀行や証券会社といった仲介業者に頼る必要がありません。

• 国境を越えた利用：ビットコインはインターネットがつながる所なら世界中どこでも送受信できます。このため、日本にいながら海外の相手とでもローン契約が可能です。たとえば日本の方がビットコインを担保にドル建てのステーブルコインを借り、それを日本円に換えて使うこともできます（為替リスクには注意ですが…）。不動産を海外の人と直接やり取りするのは現実的に難しいですが、ビットコインならグローバルに担保が活用できるのです。

• 希少性と価値の上昇期待：ビットコインは発行上限が決まっており（2100万BTCまで）、時間とともに新規供給が減っていきます。過去の長期的な価格推移を見ると、短期的な変動は激しいものの数年〜十年のスパンでは上昇傾向にあります。一方、法定通貨建ての資産（債券や株式など）はインフレの影響で実質価値が目減りすることがあります。ビットコインは長期保有すれば価値が上がりやすい特性があるため、「今手放したくない資産」として担保に向いています。実際、HodlHodlのチームは「ビットコインはスーパーカCollateral（超優秀な担保）だ」と述べています。

こうした理由から、ビットコインは現時点で考えうる中でも最良の担保資産と考えられています。株や不動産のように書類手続きや名義変更をしなくても、ビットコインならブロックチェーン上の契約でシンプルに担保設定ができる――この手軽さと信頼性が大きな魅力です。

匿名&プライバシー重視：KYC不要のP2Pレンディングのメリット

HodlHodlのLend最大の特徴の一つは、本人確認（KYC）が一切不要だという点です。日本の多くの金融サービスでは口座開設時に運転免許証やマイナンバー提出など煩雑な手続きが必要ですが、Lendではメールアドレスでアカウント登録するだけでOK。これは「匿名性・プライバシー」を重視する人にとって非常に相性が良いポイントです。

• 個人情報を晒さなくて良い安心感：日本では昔から「人に迷惑をかけない」「目立たない」ことが美徳とされ、特にお金の話は他人に知られたくないと考える人が多いですよね。Lendは匿名で利用できるため、借金をすることを周囲に知られたくない人でも安心です。銀行からローンを借りるときのように収入証明や保証人を用意する必要もなく、誰にも知られずひっそりと資金調達ができます。

• ノー・チェック＆ノー・ペーパー：貸し借りにあたって信用審査や過去の借入履歴チェックがありません 。極端な話、今まで金融履歴が全く無い人や、銀行に相手にされないような人でも、ビットコインさえ持っていればお金を借りられるのです。書類のやり取りが無いので手続きもスピーディーです。「印鑑証明や収入証明を揃えて…」という面倒とは無縁で、ネット上でクリックして契約が完結します。

• プライバシーの保護：個人情報を提出しないということは、情報漏洩のリスクも無いということです。近年、日本でも個人情報の流出事件が相次いでおり、不安に感じる方も多いでしょう。Lendではアカウント登録時にメールアドレスとパスワード以外何も求められません。財務情報や身元情報がどこかに蓄積される心配がないのは、大きな安心材料です。

• 国や機関から干渉されにくい：匿名であるということは、極端に言えば誰にも利用を知られないということです。たとえば「ローンを借りると住宅ローンの審査に響くかな…」とか「副業の資金調達を会社に知られたくないな…」といった心配も、匿名のP2Pローンなら不要です。借りたお金の使い道も自由ですし、何より利用自体が自分だけの秘密にできるのは、日本人にとって心理的ハードルを下げてくれるでしょう。

このように、ノーKYC（本人確認なし） のP2Pレンディングは、日本のようにプライバシーや控えめさを重んじる文化圏でも利用しやすいサービスと言えます。実際、HodlHodlのLendは「地理的・規制的な制限がなく、世界中の誰もが利用できる純粋なP2P市場」とされています。日本に居ながらグローバルな貸し借りができ、しかも身元明かさずに済む――これは画期的ですね。

Borrow編：HodlHodlのLendでビットコインを担保にお金を借りる方法

それでは具体的に、HodlHodlのLendでどのようにビットコイン担保のローンを借りるのか、手順を追って説明します。初心者でも迷わないよう、シンプルなステップにまとめました。

1. アカウント登録 (Sign up)

まずはHodlHodlのLendサイトにアクセスし、無料のアカウントを作成します。必要なのはメールアドレスとパスワードだけです。登録後、確認メールが届くのでリンクをクリックして認証すれば準備完了。これでプラットフォーム上でオファー（契約希望）を閲覧・作成できるようになります。

※HodlHodlは日本語には対応していませんが、英語のシンプルなUIです。Google翻訳などを使っても良いでしょう。

2. 借りたい条件のオファーを探す or 作成

ログインしたら、「To Borrow（借りる）」のメニューから現在出ている貸し手のオファー一覧を見てみましょう。オファーには借入希望額（例：$1000相当のUSDT）、期間（例：3ヶ月）、金利（例：5%）やLTV（担保価値比率、例：60%）などの条件が書かれています。自分の希望に合うものがあれば選んで詳細画面へ進みます。条件に合うオファーが見つからない場合は、自分で「○○ USDTを△ヶ月、金利○%で借りたい」という借り手オファーを新規作成することも可能です。

用語補足：LTV（ローン・トゥ・バリュー）とはローン額に対する担保価値の割合です。たとえばLTV50%なら、借りたい額の2倍の価値のビットコインを担保に入れる必要があります。LTVは貸し手が設定しており、一般に30%〜70%程度の範囲でオファーが出ています。低いLTVほど借り手は多くのBTC担保が必要ですが、その分だけ貸し手にとって安全なローンとなります。

3. 契約成立とマルチシグ担保のデポジット

借り手・貸し手双方が条件に合意すると契約成立です。HodlHodlプラットフォーム上で自動的に専用のマルチシグ・エスクロー用ビットコインアドレス（担保保管先アドレス）が生成されます。次に、借り手であるあなたは自分のウォレットからビットコインをそのエスクローアドレスに送金します。

• 📌ポイント：マルチシグで安心 – 上述の通り、このエスクロー用アドレスのコインを動かすには3者中2者の署名が必要です。あなた（借り手）は常にそのうちの1つの鍵を保有しています。つまり、自分が承認しない限り担保BTCが勝手に引き出されることはないのでご安心ください。

ビットコインの入金がブロックチェーン上で所定の承認（通常数ブロック程度）を得ると、担保デポジット完了です。これで契約は有効化され、次のステップへ進みます。

4. 貸し手から資金（ステーブルコイン）を受け取る

担保のロックが確認できると、今度は貸し手がローン金額の送金を行います。Lendで借りられるのは主にステーブルコインです。ステーブルコインとは、米ドルなど法定通貨の価値に連動するよう設計された仮想通貨で、USDTやUSDC、DAIといった種類があります。借り手は契約時に受取用のステーブルコインアドレス（自分のウォレットアドレス）を指定しますので、貸し手はそのアドレス宛に契約どおりの額を送金します。例えばUSDTを借りる契約なら、貸し手からあなたのUSDTウォレットにUSDTが送られてきます。

これで晴れて、あなた（借り手）は希望のステーブルコインを手にすることができました！ あなたのビットコインは担保としてロックされていますが、期限までに返済すれば取り戻せますので、しばしのお別れです。借りたステーブルコインは自由に使えますので、後述する活用例を参考に有効活用しましょう。

5. 返済（リペイメント）

契約期間中は基本的に何もする必要はありません（途中で追加担保や一部返済を行うことも可能ですが、初心者向け記事では割愛します）。期間が満了するまでに、借りたステーブルコイン＋利息を貸し手に返済します。返済も、貸し手の指定するウォレットアドレスにステーブルコインを送金する形で行われます。

• 利息の計算：利息は契約時に決めた率で発生します。例えば年利10%で6ヶ月間$1000を借りたなら、利息は単純計算で$50（＝$1000×10%×0.5年）です。契約によっては「期間全体で○%」と定める場合もありますが、プラットフォーム上で年率（APR）換算が表示されます。

期間内であれば任意のタイミングで早期返済することも可能です。返済期限より早く全額返せば、利息もその日数分だけで済みます（※ただし契約によります。事前に契約条件を確認してください）。HodlHodlでは分割返済にも対応しており、例えば月ごとに少しずつ返して最後に完済することもできます。

6. ビットコイン担保の解除（返却）

貸し手があなたからの返済受領を確認すると、プラットフォーム上で契約終了の手続きを行います。マルチシグの担保アドレスからあなたのビットコインを解放（返却）する署名を貸し手とプラットフォームが行い、あなたの元のウォレットにビットコインが送られます。こうして無事に担保のBTCが戻ってくれば、一連のローン取引は完了です🎉。

もし返済が滞った場合はどうなるのでしょうか？その場合、契約で定められた猶予期間やマージンコール（追加担保のお願い）を経た後、担保のビットコインが強制的に貸し手に渡されて契約終了（清算）となります。担保額が未返済額を上回っていれば、差額は借り手に返ってきます。つまり、返せなかったとしても借り手が担保以上の損をすることはありませんが、大切なビットコインを失ってしまう結果にはなるので注意しましょう。

Borrow（借りる）側のまとめ：ビットコインさえあれば、あとの手続きは非常に簡単です。借入までの流れをもう一度簡潔にまとめると：

1. メールアドレスでLendに登録
2. 借入オファーを探すor作成してマッチング
3. マルチシグ契約が自動生成・BTC担保を自分で入金
4. 貸し手からステーブルコインを受領
5. 期限までにステーブルコイン＋利息を返済
6. ビットコイン担保が自分のウォレットに戻る

第三者の仲介なしに、ネット上でこれだけのことが完結するのは驚きですよね。HodlHodlは「あなたの条件、あなたの鍵、あなたのコイン」と銘打っており、自分の望む条件で・自分が鍵を管理し・自分の資産を動かせるプラットフォームであることを強調しています。

Lend編：HodlHodlのプラットフォームでお金を貸してみよう

次は逆に、自分が貸し手（Lender）となってステーブルコインを貸し出し、利息収入を得る方法です。銀行に預けても超低金利のこのご時世、手持ちの資金をうまく運用したい方にとってP2Pレンディングは魅力的な選択肢になりえます。HodlHodlのLendなら、これもまた簡単な手順で始められます。

基本的な流れは先ほどの「Borrow編」と鏡写しになっています。

1. アカウント登録

借り手と同様、まずはHodlHodlに登録します（すでに借り手として登録済みなら同じアカウントで貸し手にもなれます）。メールアドレスだけでOK、もちろん貸し手側もKYC不要です。

2. 貸出オファーの確認 or 作成

ログイン後、「To Lend（貸す）」メニューから現在の借り手募集一覧を見ます。各オファーには希望額・期間・支払い利率・LTVなど条件が表示されています。「この条件なら貸してもいいかな」という案件があれば選択しましょう。もし自分の希望する利回りや期間が合わない場合は、自分で貸し手オファーを作成することも可能です。「○○ USDTまで、最長△ヶ月、最低利息◻◻%で貸せます」といった条件を提示できます。プラットフォーム上ではユーザーがお互いに条件を提示しあってマッチングする仕組みなので、金利や期間もすべてユーザー自身が自由に設定できます。

3. マッチングと契約開始

あなたの提示した条件で借りたい人が現れたら契約成立です（逆に誰かの借入オファーに応じる形なら、その時点で成立）。システムがマルチシグの担保用BTCアドレスを生成し、借り手がそこへビットコインをデポジットします。借り手からのBTC入金が確認できるまで、貸し手であるあなたは資金を送る必要はありません。担保が確保されたのを見届けてから次に進みます。

4. 資金（ステーブルコイン）の送金

借り手の担保ロックが完了したら、契約で定めたステーブルコインを借り手へ送金します。送金先アドレスは契約詳細画面に表示されます（借り手が指定済み）。例えばUSDCを貸す契約なら、相手のUSDCアドレスに約束の額を送ります。ここで送金した金額がローンの principal（元本）となり、後ほど利息とともに返ってくるわけです。

無事に相手に届けば、あとは契約期間終了まで待つだけです。あなたは担保のBTCに対して鍵を1つ持っている状態なので、万一トラブルが起きた場合でも担保を引き出す権利を部分的に持っています（詳しくは次ステップ）。

5. 返済の受領

契約期間が終わると、借り手があなたにステーブルコインを返済してくるはずです。約束どおり元本＋利息を受け取ったら、それを確認してプラットフォーム上で「返済完了」を操作します。すると担保のビットコインがマルチシグから解放され、借り手に返却されます。これで貸し手としてのあなたは利息分の収益を獲得できました。お疲れ様です！

もし借り手が返済しなかった場合どうなるでしょうか？その場合、所定の猶予期間やマージンコール通知の後、担保のビットコインがあなた（貸し手）に渡されることになります。具体的には、LTVが90%に達するか返済期日から24時間以上滞納が続くと強制清算となり、担保BTCからあなたの貸付相当額が充当されます。担保が十分であれば元本と利息はカバーされ、余剰があれば借り手に返還されます。つまり貸し手側はかなり手厚く保護されており、返済を受け取れない場合でも担保で穴埋めされる仕組みです。

6. 収益を管理・再投資

受け取ったステーブルコイン（元本＋利息）は再度プラットフォームで貸し出しても良いですし、他の用途に使ってもOKです。年利に換算するとだいたい10%前後の利回りになる案件が多く見られます。条件次第では更に高い利率の契約も可能ですが、その分借り手が見つかりにくかったりリスク（担保不足のリスク）が高まる可能性もあります。ご自身のリスク許容度に合わせて運用しましょう。

Lend（貸す）側のまとめ：

• HodlHodlに登録（メールアドレスのみ）
• 貸出オファーを提示 or 借り手募集に応じる
• 契約成立後、借り手がBTC担保を入金
• 貸し手（自分）がステーブルコインを送金
• 期限まで待ち、借り手から元本＋利息を受領
• 担保BTCを返却し、利息収入を得る

銀行預金では考えられないような利息収入を得られるのが魅力ですが、その裏でビットコイン価格変動リスクも担っています。大暴落が起きて担保評価額が急落すると、清算時に元本を割るリスクもゼロではありません（LTV設定とマージンコール制度で極力保護されまますが）。リスクとリターンを理解した上で、小額から試すことをおすすめします。

ステーブルコインの活用：お金持ちは借金で生活する？

ここまで、ビットコインを手放さずにステーブルコインを手に入れる方法を見てきました。それでは、借りたステーブルコインは具体的に何に使えるのでしょうか？いくつか例を挙げてみましょう。

• 日常の出費に充当：ビットコイン投資家の中には「生活費はすべて借りたお金で賄い、自分のBTCはガチホ（売らずに長期保有）する」という方針の人もいます。例えば毎月の家賃や食費をステーブルコインのローンで支払い(これについても今後詳しく解説していきます)、ビットコインは一切使わないというイメージです。こうすれば、手持ちのBTCを売らずに済むので将来の値上がり益を逃しません。また日本では仮想通貨を売却すると雑所得として高率の税金がかかりますが、ローンで得たお金は借入金なので課税対象になりません（※将来的な税務計算は自己責任で行ってください）。つまり、ビットコインを売却して現金化する代わりにローンを使うことで、節税と資産温存のメリットが得られる可能性があります。

• 投資・資産運用に回す：借りた資金をさらに別の投資に活用することもできます。例えば有望な株式や不動産に投資したり、あるいは他の仮想通貨を買うこともできます。極端な例では、ビットコインを担保にUSDTを借りて、そのUSDTでまた別の仮想通貨を買い、それを運用益で返済する…といった戦略も理論上は可能です。ただし、借りたお金での投機はハイリスクなので慎重に！手堅い使い道としては、事業資金に充てるのも良いでしょう。例えば小さなオンラインビジネスを始めるための元手にしたり、新しい資格取得のための学費にするなど、自分への投資に使えば将来的なリターンでローンを返しつつ利益を上げることが期待できます。

• 急な支払いへの備え：人生何があるか分かりません。医療費や冠婚葬祭など急に現金が必要になる場面もあります。そんなとき、ビットコインをすぐ売ってしまうのは惜しい…という場合にローンで一時的にしのぐことができます。後で落ち着いてから返済すれば、大事なBTCを手放さずにピンチを乗り切れます。言わばデジタル質屋のような感覚で、ビットコインを預けてお金を工面し、後で買い戻す（返済する）イメージですね。日本でも昔から「質屋」で着物や宝石を預けてお金を借りる文化がありましたが、HodlHodl Lendはビットコイン版の質屋とも言えるでしょう。

• 市場の機会を逃さない：仮想通貨市場は変動が激しく、「今これを買いたいのに現金が無い！」というチャンスもあるでしょう。例えば「ビットコインが急落したから買い増したいが、現金が足りない」という場合、手持ちBTCを担保にしてステーブルコインを借り、その急落で安く買い増しする、といった動きもできます。そして後日価格が戻したところで返済すれば、差益を得つつBTC保有枚数も増やせるかもしれません。このようにローンを戦略的に使えば、市場の好機を掴む資金余力を生み出すことができます。ただしハイリスクな手法でもあるため、上級者向けではあります。

ここで覚えておきたいのは、「お金持ちは借金との付き合い方が上手い」という点です。日本では借金にネガティブな印象を持つ人も多いですが、世界的な資産家や大企業はしばしばあえて借金をして手元資金を他に活用しています。アメリカのベストセラー『金持ち父さん貧乏父さん』で有名なロバート・キヨサキ氏も「富裕層は他人のお金（借金）を利用してさらに富を築く」と強調しています。例えば彼は借金で高級車を買い、不動産投資にも借入を活用したそう (金持ちは貧乏人より借金が多い | 「金持ち父さん 貧乏父さん」日本オフィシャルサイト)❤️。借金を味方につけて資産運用すれば、自分の持ち出し資金を抑えつつ豊かな生活を実現できる可能性があります。

もちろん無計画な借金は禁物ですが、ローンを上手に使うことは決して悪いことではなく、むしろ経済的戦略として有効なのです。ビットコイン担保ローンはその新しい選択肢として、「お金にお金に働いてもらう」感覚を身につけるきっかけになるかもしれません。

高い金利でもローンを利用するのはなぜ？その理由と戦略

Lendのプラットフォームで提示される金利は、年利換算で見ると10〜15%程度が一つの目安 です。中にはそれ以上の利率の契約もあります。日本の銀行ローン（金利数％以下）と比べるとかなり高利に思えますが、それでも多くの人がこのサービスを利用してローンを組んでいます。なぜ高い利息を支払ってまで借りる価値があるのでしょうか？最後に、その理由と利用者の戦略について考えてみましょう。

• (1) ビットコインの期待リターンが高い：借り手にとって一番の動機は、「ビットコインは将来もっと値上がりするはずだから、多少利息を払っても売りたくない」というものです。例えば年利15%で$1000借りると一年後に$1150返す必要がありますが、もしビットコイン価格がその間に15%以上上昇すれば、利息分を差し引いても得をする計算になります。過去のビットコイン相場は年率ベースで大きく成長した年も多く、強気のホルダーほど利息より値上がり益を優先する傾向があります。「金利よりビットコインの価値上昇のほうが大きい」という自信が、高金利を払ってでも借りる動機になっているのです。

• (2) 課税や手数料の回避：先ほど述べたように、日本ではビットコインを売却すると高額の税金が発生する可能性があります。仮に30%〜50%の税金がかかるのであれば、年利10%前後のローンで済ませたほうがトクだという判断も成り立ちます。また、取引所で売却するときのスプレッドや出金手数料なども考えると、売却コストを回避する手段としてローンを選ぶ人もいます。要するに「売るくらいなら借りた方がマシ」という考え方ですね。

• (3) 自由と速さを優先：従来の金融機関からお金を借りるには時間がかかりますし、使途にも制限があることが多いです（事業資金なのか生活費なのか、といった審査があります）。それに対してHodlHodlのP2Pローンは使い道自由・即日資金調達が可能です。利息が高めでも「今すぐ○○がしたい」「明日までに現金が要る」といったニーズには代えられません。特に仮想通貨業界はスピード命ですから、チャンスを逃さないために高コストでも素早く借りるという選択が生まれます。

• (4) 借金＝時間を買うこと：あるユーザーの言葉を借りれば、「借金をすることは未来の時間を先取りすること」でもあります。例えば住宅ローンがあるからこそ若い世代でもマイホームに住めますし、事業ローンがあるからこそ企業は成長の機会を掴めます。ビットコイン担保ローンも同じで、「今はお金が無いけど将来増やすアテはある。だから今借りてしまおう」というケースもあるでしょう。将来の収入や資産増加を見込んで、時間を味方につけるためにあえて借金をするのです。日本語では「借金してでも◯◯する」という表現がありますが、前向きな借金は将来への投資とも言えるでしょう。

• (5) 非中央集権への支持：もう一つ見逃せないのは、HodlHodlのようなプラットフォームを利用する理由に思想的な支持があります。つまり「銀行や政府に頼らないお金の流れを実現したい」「ビットコインのエコシステムを活性化させたい」というビットコイナーたちです。多少コストが高くても、理念に共感して使っているケースもあります。匿名で自由にお金を借りられる世界を体験することで、金融システムの新たな可能性を感じているのです。

以上のように、高い金利にも関わらずローンを利用するのは明確なメリットや戦略があるからなのです。もちろん全ての人に当てはまるわけではありません。ビットコイン価格が下落局面ではリスクも伴いますし、利息分だけ損になる場合もあります。しかし、それらを理解した上で「自分のお金を働かせる」「資産を手放さずレバレッジを利かせる」手段として活用している人々が増えてきています。

最後に、HodlHodlの公式ブログの一文をご紹介します。

“私たちはビットコインこそがスーパーカ collateral（超優秀な担保）であり、利回りを得るために使うのではなく、それを担保に資金を借りるために使われるべきだと考えています" (The lending is dead, long live the lending | by Hodl Hodl | Hodl Hodl | Medium)。

ビットコイン時代の新しいお金の借り方・貸し方であるP2Pローン。最初は難しく感じるかもしれませんが、仕組みを理解すればとてもシンプルで強力なツールです。日本ではまだ馴染みが薄いかもしれませんが、匿名性を好み、コツコツ資産を増やすのが得意な人にこそフィットするサービスかもしれません。ぜひ少額から試し、自分なりの活用法を見つけてみてください。きっと新たな発見があるはずです。

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もしビットコイン担保のP2Pローンなどについてもっと深く知りたい、あるいは個別に相談してみたいと思えば、どうぞお気軽にご連絡ください。1対1のコンサルティングも承っています。

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@ 0176967e:1e6f471e

Objavte, ako avatari a pseudonymné identity ovplyvňujú riadenie kryptokomunít a decentralizovaných organizácií (DAOs). V tejto prednáške sa zameriame na praktické fungovanie decentralizovaného rozhodovania, vytváranie a správu avatarových profilov, a ich rolu v online reputačných systémoch. Naučíte sa, ako si vytvoriť efektívny pseudonymný profil, zapojiť sa do rôznych krypto projektov a využiť svoje aktivity na zarábanie kryptomien. Preskúmame aj príklady úspešných projektov a stratégie, ktoré vám pomôžu zorientovať sa a uspieť v dynamickom svete decentralizovaných komunít.

@ 0176967e:1e6f471e

Jan Kolčák pochádza zo stredného Slovenska a vystupuje pod umeleckým menom Deepologic. Hudbe sa venuje už viac než 10 rokov. Začínal ako DJ, ktorý s obľubou mixoval klubovú hudbu v štýloch deep-tech a afrohouse. Stále ho ťahalo tvoriť vlastnú hudbu, a preto sa začal vzdelávať v oblasti tvorby elektronickej hudby. Nakoniec vydal svoje prvé EP s názvom "Rezonancie". Učenie je pre neho celoživotný proces, a preto sa neustále zdokonaľuje v oblasti zvuku a kompozície, aby jeho skladby boli kvalitné na posluch aj v klube.

V roku 2023 si založil vlastnú značku EarsDeep Records, kde dáva príležitosť začínajúcim producentom. Jeho značku podporujú aj etablované mená slovenskej alternatívnej elektronickej scény. Jeho prioritou je sloboda a neškatulkovanie. Ako sa hovorí v jednej klasickej deephouseovej skladbe: "We are all equal in the house of deep." So slobodou ide ruka v ruke aj láska k novým technológiám, Bitcoinu a schopnosť udržať si v digitálnom svete prehľad, odstup a anonymitu.

V súčasnosti ďalej produkuje vlastnú hudbu, venuje sa DJingu a vedie podcast, kde zverejňuje svoje mixované sety. Na Lunarpunk festivale bude hrať DJ set tvorený vlastnou produkciou, ale aj skladby, ktoré sú blízke jeho srdcu.

Podcast Bandcamp Punk Nostr website alebo nprofile1qythwumn8ghj7un9d3shjtnwdaehgu3wvfskuep0qy88wumn8ghj7mn0wvhxcmmv9uq3xamnwvaz7tmsw4e8qmr9wpskwtn9wvhsz9thwden5te0wfjkccte9ejxzmt4wvhxjme0qyg8wumn8ghj7mn0wd68ytnddakj7qghwaehxw309aex2mrp0yh8qunfd4skctnwv46z7qpqguvns4ld8k2f3sugel055w7eq8zeewq7mp6w2stpnt6j75z60z3swy7h05

@ 3bf0c63f:aefa459d

SummaDB

This was a hierarchical database server similar to the original Firebase. Records were stored on a LevelDB on different paths, like:

• /fruits/banana/color: yellow
• /fruits/banana/flavor: sweet

And could be queried by path too, using HTTP, for example, a call to http://hostname:port/fruits/banana, for example, would return a JSON document like

json { "color": "yellow", "flavor": "sweet" }

While a call to /fruits would return

json { "banana": { "color": "yellow", "flavor": "sweet" } }

POST, PUT and PATCH requests also worked.

In some cases the values would be under a special "_val" property to disambiguate them from paths. (I may be missing some other details that I forgot.)

GraphQL was also supported as a query language, so a query like

graphql query { fruits { banana { color } } }

would return {"fruits": {"banana": {"color": "yellow"}}}.

SummulaDB

SummulaDB was a browser/JavaScript build of SummaDB. It ran on the same Go code compiled with GopherJS, and using PouchDB as the storage backend, if I remember correctly.

It had replication between browser and server built-in, and one could replicate just subtrees of the main tree, so you could have stuff like this in the server:

json { "users": { "bob": {}, "alice": {} } }

And then only allow Bob to replicate /users/bob and Alice to replicate /users/alice. I am sure the require auth stuff was also built in.

There was also a PouchDB plugin to make this process smoother and data access more intuitive (it would hide the _val stuff and allow properties to be accessed directly, today I wouldn't waste time working on these hidden magic things).

The computed properties complexity

The next step, which I never managed to get fully working and caused me to give it up because of the complexity, was the ability to automatically and dynamically compute materialized properties based on data in the tree.

The idea was partly inspired on CouchDB computed views and how limited they were, I wanted a thing that would be super powerful, like, given

json { "matches": { "1": { "team1": "A", "team2": "B", "score": "2x1", "date": "2020-01-02" }, "1": { "team1": "D", "team2": "C", "score": "3x2", "date": "2020-01-07" } } }

One should be able to add a computed property at /matches/standings that computed the scores of all teams after all matches, for example.

I tried to complete this in multiple ways but they were all adding much more complexity I could handle. Maybe it would have worked better on a more flexible and powerful and functional language, or if I had more time and patience, or more people.

Screenshots

This is just one very simple unfinished admin frontend client view of the hierarchical dataset.

• https://github.com/fiatjaf/summadb
• https://github.com/fiatjaf/summuladb
• https://github.com/fiatjaf/pouch-summa

@ 7d33ba57:1b82db35

Girona, one of Catalonia’s most charming cities, is a perfect mix of history, culture, and gastronomy. Famous for its well-preserved medieval old town, colorful houses along the Onyar River, and Game of Thrones filming locations, Girona is a must-visit destination in northern Spain.

🏰 Top Things to See & Do in Girona

1️⃣ Girona Cathedral (Catedral de Santa Maria) ⛪

• One of Spain’s most impressive cathedrals, with the widest Gothic nave in the world.
• Famous as the Great Sept of Baelor in Game of Thrones.
• Climb the steps for a breathtaking city view.

2️⃣ Walk the Medieval Walls (Passeig de la Muralla) 🏰

• Offers panoramic views of Girona and the surrounding countryside.
• A great way to see the city from above and explore its medieval history.

3️⃣ The Colorful Houses of the Onyar River 🌉

• Girona’s most iconic view, with brightly colored houses reflecting on the river.
• Best viewed from the Pont de les Peixateries Velles, designed by Gustave Eiffel.

4️⃣ Explore the Jewish Quarter (El Call) 🏡

• One of Europe’s best-preserved Jewish quarters, with narrow, medieval streets.
• Visit the Museum of Jewish History to learn about Girona’s Jewish heritage.

5️⃣ Arab Baths (Banys Àrabs) 🏛️

• A 12th-century Romanesque bathhouse, inspired by Moorish architecture.
• Features a beautiful central dome with columns.

6️⃣ Game of Thrones Filming Locations 🎬

• Walk in the footsteps of Arya Stark through the city’s winding streets.
• Visit the steps of the cathedral, the Jewish Quarter, and Arab Baths, all featured in the series.

7️⃣ Eat at a Michelin-Starred Restaurant 🍽️

• Girona is home to El Celler de Can Roca, a 3-Michelin-star restaurant, ranked among the best in the world.
• Try local Catalan dishes like "suquet de peix" (fish stew) and botifarra (Catalan sausage).

🚗 How to Get to Girona

✈️ By Air: Girona-Costa Brava Airport (GRO) is 20 min away, with budget flights from Europe.
🚆 By Train: High-speed AVE trains connect Barcelona (38 min), Madrid (3.5 hrs), and Paris (5.5 hrs).
🚘 By Car: 1 hr from Barcelona, 40 min from Figueres (Dalí Museum).
🚌 By Bus: Direct buses from Barcelona and the Costa Brava.

💡 Tips for Visiting Girona

✅ Best time to visit? Spring & autumn (April–June & September–October) for pleasant weather. 🌤️
✅ Wear comfortable shoes – The old town is hilly with cobblestone streets. 👟
✅ Try xuixo – A delicious cream-filled pastry, unique to Girona. 🥐
✅ Visit early for Game of Thrones spots – They get crowded during the day! 🎥
✅ Take a day trip – Explore nearby Costa Brava beaches or Figueres (Dalí Museum). 🏖️

@ a60e79e0:1e0e6813

This is a long form note of a post that lives on my Nostr educational website Hello Nostr.

When most people stumble across Nostr, they see is as a 'decentralized social media alternative' — something akin to Twitter (X), but free from corporate control. But the full name, "Notes and Other Stuff Transmitted by Relays", gives a clue that there’s more to it than just posting short messages. The 'notes' part is easy to grasp because it forms almost everyone's first touch point with the protocol. But the 'other stuff'? That’s where Nostr really gets exciting. The 'other stuff' is all the creative and experimental things people are building on Nostr, beyond simple text based notes.

Every action on Nostr is an event, a like, a post, a profile update, or even a payment. The 'Kind' is what specifies the purpose of each event. Kinds are the building blocks of how information is categorized and processed on the network, and the most popular become part of higher lever specification guidelines known as Nostr Implementation Possibility - NIP. A NIP is a document that defines how something in Nostr should work, including the rules, standards, or features. NIPs define the type of 'other stuff' that be published and displayed by different styles of client to meet different purposes.

Nostr isn’t locked into a single purpose. It’s a foundation for whatever 'other stuff' you can dream up.

Types of Other Stuff

The 'other stuff' name is intentionally vague. Why? Because the possibilities of what can fall under this category are quite literally limitless. In the short time since Nostr's inception, the number of sub-categories that have been built on top of the Nostr's open protocol is mind bending. Here are a few examples:

1. Long-Form Content: Think blog posts or articles. NIP-23.
2. Private Messaging: Encrypted chats between users. NIP-04.
3. Communities: Group chats or forums like Reddit. NIP-72
4. Marketplaces: People listing stuff for sale, payable with zaps. NIP-15
5. Zaps: Value transfer over the Lightning Network. NIP57

Popular 'Other Stuff' Clients

Here's a short list of some of the most recent and popular apps and clients that branch outside of the traditional micro-blogging use case and leverage the openness, and interoperability that Nostr can provide.

Blogging (Long Form Content)

• Habla - Web app for Nostr based blogs
• Highlighter - Web app that enables users to highlight, store and share content

Group Chats

• Chachi Chat - Relay-based (NIP-29) group chat client
• 0xchat - Mobile based secure chat
• Flotilla - Web based chat app built for self-hosted communities
• Nostr Nests - Web app for audio chats
• White Noise - Mobile based secure chat

Marketplaces

• Shopstr - Permissionless marketplace for web
• Plebeian Market - Permissionless marketplace for web
• LNBits Market - Permissionless marketplace for your node
• Mostro - Nostr based Bitcoin P2P Marketplace

Photo/Video

• Olas - An Intragram like client
• Freeflow - A TikTok like client

Music

• Fountain - Podcast app with Nostr features
• Wavlake - A music app supporting the value-for-value ecosystem

Livestreaming

• Zap.stream - Nostr native live streams

Misc

• Wikifreedia - Nostr based Wikipedia alternative
• Wikistr - Nostr based Wikipedia alternative
• Pollerama - Nostr based polls
• Zap Store - The app store powered by your social graph

The 'other stuff' in Nostr is what makes it special. It’s not just about replacing Twitter or Facebook, it’s about building a decentralized ecosystem where anything from private chats to marketplaces can thrive. The beauty of Nostr is that it’s a flexible foundation. Developers can dream up new ideas and build them into clients, and the relays just keep humming along, passing the data around. It’s still early days, so expect the 'other stuff' to grow wilder and weirder over time!

You can explore the evergrowing 'other stuff' ecosystem at NostrApps.com, Nostr.net and Awesome Nostr.

@ 3bf0c63f:aefa459d

Parallel Chains

We want merged-mined blockchains. We want them because it is possible to do things in them that aren't doable in the normal Bitcoin blockchain because it is rightfully too expensive, but there are other things beside the world money that could benefit from a "distributed ledger" -- just like people believed in 2013 --, like issued assets and domain names (just the most obvious examples).

On the other hand we can't have -- like people believed in 2013 -- a copy of Bitcoin for every little idea with its own native token that is mined by proof-of-work and must get off the ground from being completely valueless into having some value by way of a miracle that operated only once with Bitcoin.

It's also not a good idea to have blockchains with custom merged-mining protocol (like Namecoin and Rootstock) that require Bitcoin miners to run their software and be an active participant and miner for that other network besides Bitcoin, because it's too cumbersome for everybody.

Luckily Ruben Somsen invented this protocol for blind merged-mining that solves the issue above. Although it doesn't solve the fact that each parallel chain still needs some form of "native" token to pay miners -- or it must use another method that doesn't use a native token, such as trusted payments outside the chain.

How does it work

With the SIGHASH_NOINPUT/SIGHASH_ANYPREVOUT soft-fork[^eltoo] it becomes possible to create presigned transactions that aren't related to any previous UTXO.

Then you create a long sequence of transactions (sufficient to last for many many years), each with an nLockTime of 1 and each spending the next (you create them from the last to the first). Since their scriptSig (the unlocking script) will use SIGHASH_ANYPREVOUT you can obtain a transaction id/hash that doesn't include the previous TXO, you can, for example, in a sequence of transactions A0-->B (B spends output 0 from A), include the signature for "spending A0 on B" inside the scriptPubKey (the locking script) of "A0".

With the contraption described above it is possible to make that long string of transactions everybody will know (and know how to generate) but each transaction can only be spent by the next previously decided transaction, no matter what anyone does, and there always must be at least one block of difference between them.

Then you combine it with RBF, SIGHASH_SINGLE and SIGHASH_ANYONECANPAY so parallel chain miners can add inputs and outputs to be able to compete on fees by including their own outputs and getting change back while at the same time writing a hash of the parallel block in the change output and you get everything working perfectly: everybody trying to spend the same output from the long string, each with a different parallel block hash, only the highest bidder will get the transaction included on the Bitcoin chain and thus only one parallel block will be mined.

See also

• Drivechain

[^eltoo]: The same thing used in Eltoo.

@ 0176967e:1e6f471e

Workshop je zameraný pre všetkých, ktorí sa potýkajú s vysvetľovaním Bitcoinu svojej rodine, kamarátom, partnerom alebo kolegom. Pri námietkach z druhej strany väčšinou ideme do protiútoku a snažíme sa vytiahnuť tie najlepšie argumenty. Na tomto workshope vás naučím nový prístup k zvládaniu námietok a vyskúšate si ho aj v praxi. Know-how je aplikovateľné nie len na komunikáciu Bitcoinu ale aj pre zlepšenie vzťahov, pri výchove detí a celkovo pre lepší osobný život.

@ 50de492c:0a8871de

{"title":"test","description":"","imageUrl":"https://i.nostr.build/Xo67.png"}

@ 45c41f21:c5446b7a

“区块链行业究竟是在做什么？”——这个问题我到现在还没有想得很清楚。谈论起来可以说很多东西，“确权”、“让每一个比特都有了稀缺性”、“数字黄金”、“点对点支付”，但是具体到了行业落地，又容易陷入“赌场”这个有点乌烟瘴气的现实。

但我想有一点是比较明确的，那就是区块链行业肯定是一个围绕资产的行业。这些资产又跟传统的资产很不一样，最简单的特征是它们都是一个个的代币，通过自动化和可验证的代码铸造、控制，我们可以统称为链上资产。从比特币、以太坊到现在，这中间不管过去了多少不同的周期和浪潮，核心不变的都是出现新一轮受追捧的资产。

既然区块链是关于链上资产的行业，那么最重要的是未来会出现什么新的资产，有什么样的新资产会上链。要回答这个问题，又要我们回过头去看看，从行业诞生至今，区块链留下了哪些有意义的、没意义的，有价值的、没价值的资产。

因此，有必要讨论一下链上资产的分类。

链上资产的种类很多，但总体上我觉得可以按满足需求的不同，做一些功能性的划分。同时，抛开去中心化、抗审查等等大词，链上资产与传统资产最重要的区别可以认为是安全性的来源。传统资产在传统的社会系统和金融系统中产生，而链上资产是通过可验证代码控制的，所以它的安全性的依赖很清晰，要比现实世界简单很多。

在不同的区块链系统中，使用不同的技术（比如POW/POS），设置不同的规则，拥有不同的治理机制，都会影响安全性。“安全性”和“满足什么样的需求”之间既不是正交的，也不是完全耦合的。在不同层级的安全性之下，可能都会出现满足某一类相同需求的产品，用户使用哪种产品，只取决于自己的风险偏好。另一方面，有些需求只可能在某些特定的安全性保障下才能得到满足，比如跨国际的全球化的抗通胀价值存储。

这篇文章只讨论一些比较简单的分类，可以假设在不同的安全性保障下，每个分类都有可能出现对应的产品。有些安全性是产品内生功能的一部分，有些则完全不影响。同时，这些分类也完全是主观的看法，不一定正确，我所希望的是引发更多对资产进行讨论。

核心资产（高安全性、强需求支撑）

1. 比特币（BTC）
   • 核心价值：全球化抗通胀、抗审查的“数字黄金”。
   • 长期逻辑：全球法币超发背景下，BTC作为去中心化硬通货的需求不可替代。

这是整个行业最重要的资产。也是整个行业最核心的东西。在这个定位下，只会有一个赢者通吃。其他试图竞争的都很难生存下来。它对安全性的要求也是最高的。

经过验证的资产分类

这部分的资产可以认为是行业诞生至今，已经经过验证的、满足某真实需求、会长期存在的资产。

1. 代表优质项目的资产（股票/ICO代币/治理代币等）
   • 核心价值：类似于传统金融世界里的一级市场和二级市场。所谓的“优质”也不一定需要真实落地，可能是叙事/故事驱动，也可能有真实的现金流，但重要的是它能在市场上吸引人买卖。
   • 关键指标：团队是否持续营销和建设？生态是否增长？项目是否解决实际问题？
2. DeFi 资产
   • 核心价值：链上金融系统的“基础设施工具”。
   • 需求来源：对套利、链上资产理财的需求会永远存在。
3. Meme币
   • 核心价值：营销驱动+投机需求的结合体。
   • 长期存在性：人性对暴富故事的追逐不会消失（如Pump.fun、SHIB）。
4. 稳定币
   • 核心价值：加密货币世界的“支付货币”。
   • 需求刚性：交易媒介、避险工具、跨境支付（如USDT、USDC）。

在不同的安全性保障下，上面这些资产大部分都会有对应的产品。

比如稳定币在安全性上可以有中心化的 USDT ，也有去中心化的算法稳定币。理论上，安全性对稳定币是非常重要的。但现实中，“流动性”可能才是给用户传达“这东西到底安不安全“的产品特点，也是比较主要的竞争点。

Meme 则完全不需要安全性，所以对创业者来说在哪里做都差不多。哪里用户更多就适合去哪里。有时，安全性反而是它的阻碍。DeFi 的话，因人而异。安全性高低是否影响用户使用，完全取决于用户自己的风险偏好。

还未经过验证的资产（需求可能存在）

• NFT（收藏品）？ 艺术、身份标识、游戏道具的数字化载体，但流动性差、炒作属性也不见得有 Meme 这么强。会长期存在吗？打个问号。
• DAO（准入/治理代币）？ 去中心化组织的准入权/管理权通证，依赖 DAO 本身的价值和实际治理参与度决定的价值。DeFi DAO 可能是唯一一个有点发展的方向，其他还非常不成熟，有待验证。
• RWA（真实世界资产代币化）？ 房产、债券等上链，需要解决法律合规与链下资产映射问题。不确定。
• 社交/游戏/内容资产 用户数据所有权货币化，还没有像样的有一些用户的产品，就更不用提形成规模经济了。
• AI 相关的资产？ 是一个变数。如果未来会有成千上万的 AI 智能体与人类共存，链上是承载他们经济系统最合适的基础设施，这里会产生什么新的资产类型？值得期待。

这里面的资产类型，很多还没有找到真实的需求，至少没有经过验证。所以长期来看它们会是区块链行业的方向吗，需要打很多问号。既然需求本身没有得到验证，那么谈安全性对它们的影响，就更加无从谈起了。

当然，这里其实还有一个更有意思的部分，可以多聊一些。也就是共同知识（法律/合同/规则/代码）这一类资产。

在应用层，共同知识尚未有代币化的尝试，也难以对其具体价值做定量分析。但如果要说有的实践，以太坊通过交易收取 gas 费和 CKB 通过 Cell 存储状态收取“押金”算是一种在底层的 generalize 的尝试。这种尝试是定量的，可验证的。

以太坊的问题是经济模型不 make sense 导致状态爆炸，ckb 相比是更简单、更明确的。但这里的问题变成了，公链需要通过区块空间的竞争来展示这一种需求是否真的成立。区块空间越紧张，需求就越大。同时安全性越高，对共同知识的保障就越强，也会体现区块空间的价值。

但另一方面，是否有开发者在上面开发应用，会更大的影响这一点。因此开发工具、开发者生态在现阶段可能更重要。

最后

写到这里，发现很多资产似乎又是老生常谈。但从满足需求和安全性两个角度来思考，算是追本溯源的尝试。现在我们面临的处境是，问题还是老的问题，答案是否有新的答案，期待更多讨论。

@ 3bf0c63f:aefa459d

OP_CHECKTEMPLATEVERIFY and the "covenants" drama

There are many ideas for "covenants" (I don't think this concept helps in the specific case of examining proposals, but fine). Some people think "we" (it's not obvious who is included in this group) should somehow examine them and come up with the perfect synthesis.

It is not clear what form this magic gathering of ideas will take and who (or which ideas) will be allowed to speak, but suppose it happens and there is intense research and conversations and people (ideas) really enjoy themselves in the process.

What are we left with at the end? Someone has to actually commit the time and put the effort and come up with a concrete proposal to be implemented on Bitcoin, and whatever the result is it will have trade-offs. Some great features will not make into this proposal, others will make in a worsened form, and some will be contemplated very nicely, there will be some extra costs related to maintenance or code complexity that will have to be taken. Someone, a concreate person, will decide upon these things using their own personal preferences and biases, and many people will not be pleased with their choices.

That has already happened. Jeremy Rubin has already conjured all the covenant ideas in a magic gathering that lasted more than 3 years and came up with a synthesis that has the best trade-offs he could find. CTV is the result of that operation.

---

The fate of CTV in the popular opinion illustrated by the thoughtless responses it has evoked such as "can we do better?" and "we need more review and research and more consideration of other ideas for covenants" is a preview of what would probably happen if these suggestions were followed again and someone spent the next 3 years again considering ideas, talking to other researchers and came up with a new synthesis. Again, that person would be faced with "can we do better?" responses from people that were not happy enough with the choices.

And unless some famous Bitcoin Core or retired Bitcoin Core developers were personally attracted by this synthesis then they would take some time to review and give their blessing to this new synthesis.

To summarize the argument of this article, the actual question in the current CTV drama is that there exists hidden criteria for proposals to be accepted by the general community into Bitcoin, and no one has these criteria clear in their minds. It is not as simple not as straightforward as "do research" nor it is as humanly impossible as "get consensus", it has a much bigger social element into it, but I also do not know what is the exact form of these hidden criteria.

This is said not to blame anyone -- except the ignorant people who are not aware of the existence of these things and just keep repeating completely false and unhelpful advice for Jeremy Rubin and are not self-conscious enough to ever realize what they're doing.

@ 3bf0c63f:aefa459d

A response to Achim Warner's "Drivechain brings politics to miners" article

I mean this article: https://achimwarner.medium.com/thoughts-on-drivechain-i-miners-can-do-things-about-which-we-will-argue-whether-it-is-actually-a5c3c022dbd2

There are basically two claims here:

1. Some corporate interests might want to secure sidechains for themselves and thus they will bribe miners to have these activated

First, it's hard to imagine why they would want such a thing. Are they going to make a proprietary KYC chain only for their users? They could do that in a corporate way, or with a federation, like Facebook tried to do, and that would provide more value to their users than a cumbersome pseudo-decentralized system in which they don't even have powers to issue currency. Also, if Facebook couldn't get away with their federated shitcoin because the government was mad, what says the government won't be mad with a sidechain? And finally, why would Facebook want to give custody of their proprietary closed-garden Bitcoin-backed ecosystem coins to a random, open and always-changing set of miners?

But even if they do succeed in making their sidechain and it is very popular such that it pays miners fees and people love it. Well, then why not? Let them have it. It's not going to hurt anyone more than a proprietary shitcoin would anyway. If Facebook really wants a closed ecosystem backed by Bitcoin that probably means we are winning big.

2. Miners will be required to vote on the validity of debatable things

He cites the example of a PoS sidechain, an assassination market, a sidechain full of nazists, a sidechain deemed illegal by the US government and so on.

There is a simple solution to all of this: just kill these sidechains. Either miners can take the money from these to themselves, or they can just refuse to engage and freeze the coins there forever, or they can even give the coins to governments, if they want. It is an entirely good thing that evil sidechains or sidechains that use horrible technology that doesn't even let us know who owns each coin get annihilated. And it was the responsibility of people who put money in there to evaluate beforehand and know that PoS is not deterministic, for example.

About government censoring and wanting to steal money, or criminals using sidechains, I think the argument is very weak because these same things can happen today and may even be happening already: i.e., governments ordering mining pools to not mine such and such transactions from such and such people, or forcing them to reorg to steal money from criminals and whatnot. All this is expected to happen in normal Bitcoin. But both in normal Bitcoin and in Drivechain decentralization fixes that problem by making it so governments cannot catch all miners required to control the chain like that -- and in fact fixing that problem is the only reason we need decentralization.

@ 3514ac1b:cf164691

About Me

@ a3bb06f6:19ac1b11

“Until you make the unconscious conscious, it will continue to direct your life, and you will call it fate.” — Carl Jung

Most people don’t realize they’ve been robbed. Not in the dramatic, wallet-snatching sense, but in a quiet, systemic way that’s gone unnoticed for generations. If you’re feeling like no matter how hard you work, you can’t get ahead… you’re not imagining it.

It didn’t start as a scheme—but one compromise after another, it became one. Now, the system exploits you by design. This isn’t fate. It’s fiat.

The Unconscious Script: How Fiat Becomes Invisible From the moment you're born, you're placed into an economic system based on government-issued fiat currency. It becomes the air you breathe. You work for dollars. You save in dollars. You price your time, your future, and even your dreams in dollars.

But few stop to ask: What actually is a dollar? Who creates it? Why does it lose value?

This lack of questioning is the unconscious state. Fiat money is the background process running your life. You feel the effects—rising prices, shrinking savings, mounting debt—but you never see the root cause. So you blame yourself. Or “the economy.” Or call it fate.

The Lie of Neutral Money: Most believe money is just a neutral tool. But fiat is not neutral—it’s political power encoded into paper.

Governments can print more of it at will. Central banks can manipulate its supply, distort interest rates, and quietly tax you through inflation. Every time more money is created, your purchasing power shrinks.

But it happens slowly, like a leak in a tire. You don’t notice at first. You just feel like you’re working harder for less. The house is further out of reach. The groceries cost more. Retirement feels impossible.

And you accept it. Because no one told you it's designed this way.

Inflation Is the Invisible Thief, Inflation isn’t just a “cost of living increase.” It’s a state-sponsored form of theft.

When new money is created, it enters the system unevenly. Those closest to the money printer—banks, governments, large corporations—get the new dollars first. By the time it reaches you, prices have already risen. You’re buying the same goods with weaker money.

And yet, most people still save in fiat. They’re taught that hoarding cash is “safe.” They’re taught that 2% inflation is “normal.” But it’s not normal to work 40 hours a week and fall behind. That’s the product of unconscious acceptance.

The fiat system survives on one thing: your ignorance. It didn’t begin with malicious intent, but over time, it adapted to protect its own power—at your expense. As long as you don’t understand how money works, you won’t resist. You’ll blame yourself, or capitalism, or bad luck. But never the system itself.

This is why financial education is never prioritized in schools. This is why questioning monetary policy is left to economists and suits on CNBC. You were never taught how it works. And now the system depends on you staying confused—grinding, borrowing, complying, without ever asking why.

Making the Unconscious Conscious: Enter Bitcoin, Bitcoin breaks this spell.

It forces you to confront the nature of money—what it is, how it’s created, and why fiat fails. It teaches you that money doesn’t need to be printed, inflated, or controlled. That money can be fixed, finite, and fair.

Bitcoin is not just a new currency. It’s a tool of consciousness. It exposes the scam of fiat and offers a lifeboat to anyone ready to wake up.

Once you understand Bitcoin, you can’t unsee the problem. You begin to ask:

Why should I trust a system that steals my time? Why is saving discouraged, but debt rewarded? Why do I need permission to use my own money? These aren’t technical questions. They’re moral ones.

Consciousness Is Sovereignty: When you understand what fiat is, you stop calling your financial struggles “fate.” You start calling them what they are, outcomes of a broken system.

And once you see the system for what it is, you can choose to exit.

Saving in Bitcoin is not speculation. It’s self-defense. It’s rejecting unconscious servitude. It’s reclaiming your time, your labor, your future.

In a fiat world, they own the money—so they own the rules. In a Bitcoin world, you own yourself.

That’s the power of making the unconscious conscious.

And that’s how you stop calling it fate.

@ 3bf0c63f:aefa459d

neuron.vim

I started using this neuron thing to create an update this same zettelkasten, but the existing vim plugin had too many problems, so I forked it and ended up changing almost everything.

Since the upstream repository was somewhat abandoned, most users and people who were trying to contribute upstream migrate to my fork too.

• https://github.com/fiatjaf/neuron.vim

@ 0176967e:1e6f471e

Ak ste v Bitcoine už nejaký ten rok, možno máte pocit, že už všetkému rozumiete a že vás nič neprekvapí. Viete čo je to peňaženka, čo je to seed a čo adresa, možno dokonca aj čo je to sha256. Ste si istí? Táto prednáška sa vám to pokúsi vyvrátiť. 🙂

@ 3bf0c63f:aefa459d

Flowi.es

At the time I thought Workflowy had the ideal UI for everything. I wanted to implement my custom app maker on it, but ended up doing this: a platform for enhancing Workflowy with extra features:

• An email reminder based on dates input in items
• A website generator, similar to Websites For Trello, also based on Classless Templates

Also, I didn't remember this was also based on CouchDB and had some couchapp functionalities.

• https://flowi.es
• https://github.com/fiatjaf/flowies

@ 7d33ba57:1b82db35

Andorra la Vella, the capital of Andorra, is a charming mix of mountain landscapes, duty-free shopping, and rich history. Nestled in the Pyrenees, it’s a great destination for skiing, hiking, and relaxing in thermal spas. Whether you’re here for outdoor adventures, tax-free shopping, or cultural experiences, Andorra la Vella has something for everyone.

🏔️ Top Things to See & Do in Andorra la Vella

1️⃣ Shop in Avinguda Meritxell 🛍️

• One of Europe’s best duty-free shopping streets, filled with electronics, fashion, perfumes, and luxury goods.
• Find brands at lower prices than in Spain or France.

2️⃣ Relax at Caldea Spa ♨️

• The largest thermal spa in Southern Europe, with hot springs, saunas, and lagoon pools.
• A perfect place to unwind after skiing or hiking.

3️⃣ Visit the Church of Sant Esteve ⛪

• A beautiful Romanesque church dating back to the 12th century.
• Features stone carvings and medieval frescoes.

4️⃣ Explore the Historic Quarter (Barri Antic) 🏡

• Walk through narrow cobbled streets filled with traditional Andorran houses and charming cafés.
• Visit Casa de la Vall, a historic parliament building from the 16th century.

5️⃣ Go Skiing or Snowboarding 🎿

• Andorra is famous for its world-class ski resorts, Grandvalira and Vallnord, just 15-30 minutes away.
• Ideal for beginners and experienced skiers alike.

6️⃣ Hiking in the Pyrenees 🥾

• Summer & autumn offer incredible hiking trails with mountain lakes and scenic views.
• Rec del Solà Trail – A beautiful, easy path with panoramic views of the valley.
• L’Estany Blau – A moderate hike leading to a stunning blue lake.

7️⃣ Enjoy Andorran Cuisine 🍽️

• Escudella – A hearty Andorran stew with meat, beans, and vegetables 🍲
• Trinxat – A mountain dish made of potatoes, cabbage, and bacon 🥓🥔
• Embotits – Local cured meats and sausages, perfect as tapas 🍖
• Crema Andorrana – A creamy, local dessert similar to Catalan crema 🍮

🚗 How to Get to Andorra la Vella

✈️ By Air: The nearest airports are Barcelona-El Prat (Spain, 2.5 hrs) and Toulouse-Blagnac (France, 2.5 hrs).
🚘 By Car: 2.5 hrs from Barcelona, 2.5 hrs from Toulouse, 3 hrs from Perpignan.
🚌 By Bus: Direct buses from Barcelona, Toulouse, and Lleida.
🚆 By Train: No direct train, but you can take a train to L'Hospitalet-près-l'Andorre (France) and continue by bus.

💡 Tips for Visiting Andorra la Vella

✅ Best time to visit? Winter for skiing, summer for hiking & shopping ❄️🌞
✅ Bring a passport – Even though Andorra isn’t in the EU, border checks happen 🇦🇩
✅ Try duty-free shopping – Electronics, perfumes, and alcohol are cheaper 🛍️
✅ Book ski passes in advance – Resorts get busy in peak season 🎿
✅ Wear comfy shoes – The city has steep streets and cobblestone paths 👟

@ 3514ac1b:cf164691

Hi this is me ,Erna . i am testing this Habla news . i have been trying using this but got no luck . always disconnect and no content .

Hopefully this one will work .

BREAKING NEWS : Vance uses Greenland visit to slam Denmark , as Trump escalates rhetoric .

https://wapo.st/4c6YkhO

@ 3514ac1b:cf164691

Cryptographic Identity (CI): An Overview

Definition of Cryptographic Identity

Cryptographic identity refers to a digital identity that is secured and verified using cryptographic techniques. It allows individuals to prove their identity online without relying on centralized authorities.

Background of Cryptographic Identity

Historical Context

• Traditional identity systems rely on centralized authorities (governments, companies)
• Digital identities historically tied to platforms and services
• Rise of public-key cryptography enabled self-sovereign identity concepts
• Blockchain and decentralized systems accelerated development

Technical Foundations

• Based on public-key cryptography (asymmetric encryption)
• Uses key pairs: private keys (secret) and public keys (shareable)
• Digital signatures provide authentication and non-repudiation
• Cryptographic proofs verify identity claims without revealing sensitive data

Importance of Cryptographic Identity

Privacy Benefits

• Users control their personal information
• Selective disclosure of identity attributes
• Reduced vulnerability to mass data breaches
• Protection against surveillance and tracking

Security Advantages

• Not dependent on password security
• Resistant to impersonation attacks
• Verifiable without trusted third parties
• Reduces centralized points of failure

Practical Applications

• Censorship-resistant communication
• Self-sovereign finance and transactions
• Decentralized social networking
• Cross-platform reputation systems
• Digital signatures for legal documents

Building Cryptographic Identity with Nostr

Understanding Nostr Protocol

Core Concepts

• Nostr (Notes and Other Stuff Transmitted by Relays)
• Simple, open protocol for censorship-resistant global networks
• Event-based architecture with relays distributing signed messages
• Uses NIP standards (Nostr Implementation Possibilities)

Key Components

• Public/private keypairs as identity foundation
• Relays for message distribution
• Events (signed JSON objects) as the basic unit of data
• Clients that interface with users and relays

Implementation Steps

Step 1: Generate Keypair

• Use cryptographic libraries to generate secure keypair
• Private key must be kept secure (password managers, hardware wallets)
• Public key becomes your identifier on the network

Step 2: Set Up Client

• Choose from existing Nostr clients or build custom implementation
• Connect to multiple relays for redundancy
• Configure identity preferences and metadata

Step 3: Publish Profile Information

• Create and sign kind 0 event with profile metadata
• Include displayable information (name, picture, description)
• Publish to connected relays

Step 4: Verification and Linking

• Cross-verify identity with other platforms (Twitter, GitHub)
• Use NIP-05 identifier for human-readable identity
• Consider NIP-07 for browser extension integration

Advanced Identity Features

Reputation Building

• Consistent posting builds recognition
• Accumulate follows and reactions
• Establish connections with well-known identities

Multi-device Management

• Secure private key backup strategies
• Consider key sharing across devices
• Explore NIP-26 delegated event signing

Recovery Mechanisms

• Implement social recovery options
• Consider multisig approaches
• Document recovery procedures

Challenges and Considerations

Key Management

• Private key loss means identity loss
• Balance security with convenience
• Consider hardware security modules for high-value identities

Adoption Barriers

• Technical complexity for average users
• Network effects and critical mass
• Integration with existing systems

Future Developments

• Zero-knowledge proofs for enhanced privacy
• Standardization efforts across protocols
• Integration with legal identity frameworks

@ 7d33ba57:1b82db35

Peñíscola, known as the “Gibraltar of Valencia”, is a stunning coastal town on Spain’s Costa del Azahar. Famous for its medieval castle, beautiful beaches, and charming old town, Peñíscola is a perfect mix of history, culture, and seaside relaxation. It’s also known as a filming location for Game of Thrones!

🏖️ Top Things to See & Do in Peñíscola

1️⃣ Peñíscola Castle (Castillo del Papa Luna) 🏰

• A magnificent 13th-century castle sitting on a rocky peninsula.
• Built by the Knights Templar and later home to Pope Benedict XIII (Papa Luna).
• Offers breathtaking views of the Mediterranean and surrounding coastline.

2️⃣ Explore the Old Town 🏡

• Wander through narrow cobblestone streets, lined with whitewashed houses and flower-filled balconies.
• Discover hidden courtyards, charming shops, and seafood restaurants.
• Enjoy the picturesque sunset views over the sea.

3️⃣ Relax on Playa Norte & Playa Sur 🏖️

• Playa Norte: The main beach, known for its golden sand and clear waters.
• Playa Sur: Smaller and quieter, great for relaxing away from the crowds.
• Both beaches offer water sports, sunbeds, and beach bars.

4️⃣ Serra d’Irta Natural Park 🌿

• A stunning coastal nature reserve with hiking and biking trails.
• Offers hidden coves, rugged cliffs, and breathtaking sea views.
• Ideal for nature lovers and photographers.

5️⃣ Game of Thrones Filming Locations 🎬

• Peñíscola was featured in Game of Thrones (Season 6) as Meereen.
• Visit the castle walls, old town alleys, and city gates where key scenes were filmed.

6️⃣ Boat Trip Around the Castle ⛵

• Take a boat tour for unique views of the fortress from the sea.
• Sunset cruises offer magical golden-hour scenery.

🍽️ What to Eat in Peñíscola

• Arroz a Banda – A delicious seafood rice dish, typical of Valencia 🍚🐟
• Suquet de Peix – A traditional fish stew with potatoes and saffron 🍲
• Langostinos de Vinaròs – Famous local prawns, incredibly fresh 🍤
• Caragols Punxents – A local specialty of small spicy snails 🐌🌶️
• Coca de llanda – A sweet sponge cake, perfect with coffee 🍰

🚗 How to Get to Peñíscola

✈️ By Air: The nearest airport is Castellón Airport (40 min), Valencia (1.5 hrs), or Barcelona (2 hrs).
🚆 By Train: The nearest station is Benicarló-Peñíscola, just 7 km away.
🚘 By Car: 1.5 hrs from Valencia, 2 hrs from Barcelona, 45 min from Castellón.
🚌 By Bus: Direct buses from Barcelona, Valencia, and Castellón.

💡 Tips for Visiting Peñíscola

✅ Best time to visit? Spring & summer (April–September) for the best weather ☀️
✅ Visit the castle early – Mornings are less crowded and cooler 🏰
✅ Take a sunset walk along the beach – The views are stunning 🌅
✅ Try a boat trip – The castle looks incredible from the water ⛵
✅ Wear comfortable shoes – The old town streets are steep and cobbled 👟

@ 0176967e:1e6f471e

Bojovať s rakovinou metabolickou metódou znamená použiť metabolizmus tela proti rakovine. Riadenie cukru a ketónov v krvi stravou a pohybom, časovanie rôznych typov cvičení, včasná kombinácia klasickej onko-liečby a hladovania. Ktoré vitamíny a suplementy prijímam a ktorým sa napríklad vyhýbam dajúc na rady mojej dietologičky z USA Miriam (ktorá sa špecializuje na rakovinu).

Hovori sa, že čo nemeriame, neriadime ... Ja som meral, veľa a dlho ... aj grafy budú ... aj sranda bude, hádam ... 😉

@ 3bf0c63f:aefa459d

Module Linker

A browser extension that reads source code on GitHub and tries to find links to imported dependencies so you can click on them and navigate through either GitHub or package repositories or base language documentation. Works for many languages at different levels of completeness.

• https://github.com/fiatjaf/module-linker
• https://module-linker.alhur.es/
• https://addons.mozilla.org/firefox/addon/module-linker
• https://chrome.google.com/webstore/detail/dglofghjinifeolcpjfjmfdnnbaanggn

@ 7d33ba57:1b82db35

Tarifa, located at the southernmost tip of Spain, is a paradise for beach lovers, adventure seekers, and nature enthusiasts. Known for its strong winds, golden beaches, and laid-back atmosphere, it’s a top destination for kite surfing, whale watching, and exploring Andalusian history. Plus, it’s the perfect gateway to Morocco, just a short ferry ride away.

🏖️ Top Things to See & Do in Tarifa

1️⃣ Playa de Los Lances 🏄‍♂️

• A long, sandy beach famous for kite surfing and windsurfing.
• One of the best spots in Europe for water sports enthusiasts.
• Lined with chiringuitos (beach bars) where you can relax and enjoy the views.

2️⃣ Punta de Tarifa – The Southernmost Point of Europe 🌍

• A unique spot where the Atlantic Ocean meets the Mediterranean Sea.
• Walk to Isla de las Palomas, a historic military zone (guided tours available).
• Incredible views of Morocco, just 14 km away.

3️⃣ Whale & Dolphin Watching Tours 🐬

• Join a boat trip to see orcas, dolphins, and sperm whales in the Strait of Gibraltar.
• Best time: April to October for whale migrations.

4️⃣ Explore the Historic Old Town 🏰

• Wander through narrow, whitewashed streets full of charm.
• Visit Guzmán el Bueno Castle, a 10th-century fortress with panoramic views.
• Enjoy lively tapas bars, boutique shops, and hidden courtyards.

5️⃣ Playa de Bolonia & Baelo Claudia Ruins 🏛️

• One of Spain’s most unspoiled beaches, with dunes and turquoise waters.
• Explore the Roman ruins of Baelo Claudia, an ancient fishing village from 2,000 years ago.
• Climb the Duna de Bolonia, a massive sand dune with breathtaking views.

6️⃣ Day Trip to Morocco 🇲🇦

• Take a 35-minute ferry to Tangier for a quick taste of North African culture.
• Explore medinas, souks, and local cuisine with a guided tour.
• Don’t forget your passport!

🍽️ What to Eat in Tarifa

• Atún Rojo (Red Tuna) – Tarifa is famous for its fresh bluefin tuna 🍣
• Tortillitas de Camarones – Crispy shrimp fritters, a local delicacy 🍤
• Choco Frito – Fried cuttlefish, a must-try for seafood lovers 🦑
• Andalusian Gazpacho – A refreshing cold tomato soup, perfect for hot days 🍅
• Mojama – Salt-cured tuna, often eaten as a tapa with almonds 🐟

🚗 How to Get to Tarifa

✈️ By Air: The nearest airports are Gibraltar (45 min), Málaga (2 hrs), and Seville (2.5 hrs).
🚆 By Train: No direct train, but you can take one to Algeciras (30 min drive from Tarifa).
🚘 By Car: 1.5 hrs from Málaga, 1 hr from Cádiz, 30 min from Gibraltar.
🚌 By Bus: Regular buses from Seville, Málaga, Cádiz, and Algeciras.
⛴️ To Morocco: Ferries run daily to Tangier, Morocco (35 min ride).

💡 Tips for Visiting Tarifa

✅ Best time to visit? Spring to early autumn (April–October) for great weather ☀️
✅ Book water sports lessons early – It’s a popular spot for kite surfing! 🏄‍♂️
✅ Bring layers – Tarifa can be windy, even in summer 🌬️
✅ Visit early for whale watching – Mornings usually have calmer seas 🐋
✅ Take a day trip to Bolonia – One of Spain’s most stunning hidden beaches 🏝️

@ 3bf0c63f:aefa459d

Using Spacechains and Fedimint to solve scaling

What if instead of trying to create complicated "layer 2" setups involving noveau cryptographic techniques we just did the following:

• we take that Fedimint source code and remove the "mint" stuff, and just use their federation stuff secure coins with multisig;
• then we make a spacechain;
• and we make the federations issue multisig-btc tokens on it;
• and then we put some uniswap-like thing in there to allow these tokens to be exchanged freely.

Why?

The recent spike in fees caused by Ordinals and BRC-20 shitcoinery has shown that Lightning isn't a silver bullet. Channels are too fragile, it costs a lot to open a channel under a high fee environment, to run a routing node and so on.

People who want to keep using Lightning are instead flocking to the big Lightning custodial providers: WalletofSatoshi, ZEBEDEE, OpenNode and so on. We could leverage that trust people have in these companies (and individuals) operating shadow Lightning providers and turn each of these into a btc-token issuer. Each issue their own token, transactions flow freely. Each person can hold only assets from the issuers they trust more.

@ 0176967e:1e6f471e

Predikčné trhy predstavujú praktický spôsob, ako môžeme nahliadnuť do budúcnosti bez nutnosti spoliehať sa na tradičné, často nepresné metódy, ako je veštenie z kávových zrniek. V prezentácii sa ponoríme do histórie a vývoja predikčných trhov, a popíšeme aký vplyv mali a majú na dostupnosť a kvalitu informácií pre širokú verejnosť, a ako menia trh s týmito informáciami. Pozrieme sa aj na to, ako tieto trhy umožňujú obyčajným ľuďom prístup k spoľahlivým predpovediam a ako môžu prispieť k lepšiemu rozhodovaniu v rôznych oblastiach života.

@ 3bf0c63f:aefa459d

Just malinvestiment

Traditionally the Austrian Theory of Business Cycles has been explained and reworked in many ways, but the most widely accepted version (or the closest to the Mises or Hayek views) view is that banks (or the central bank) cause the general interest rate to decline by creation of new money and that prompts entrepreneurs to invest in projects of longer duration. This can be confusing because sometimes entrepreneurs embark in very short-time projects during one of these bubbles and still contribute to the overall cycle.

The solution is to think about the "longer term" problem is to think of the entire economy going long-term, not individual entrepreneurs. So if one entrepreneur makes an investiment in a thing that looks simple he may actually, knowingly or not, be inserting himself in a bigger machine that is actually involved in producing longer-term things. Incidentally this thinking also solves the biggest criticism of the Austrian Business Cycle Theory: that of the rational expectations people who say: "oh but can't the entrepreneurs know that the interest rate is artificially low and decide to not make long-term investiments?" ("and if they don't know they should lose money and be replaced like in a normal economy flow blablabla?"). Well, the answer is that they are not really relying on the interest rate, they are only looking for profit opportunities, and this is the key to another confusion that has always followed my thinkings about this topic.

If a guy opens a bar in an area of a town where many new buildings are being built during a "housing bubble" he may not know, but he is inserting himself right into the eye of that business cycle. He expects all these building projects to continue, and all the people involved in that to be getting paid more and be able to spend more at his bar and so on. That is a bet that may or may not end up paying.

Now what does that bar investiment has to do with the interest rate? Nothing. It is just a guy who saw a business opportunity in a place where hungry people with money had no bar to buy things in, so he opened a bar. Additionally the guy has made some calculations about all the ending, starting and future building projects in the area, and then the people that would live or work in that area afterwards (after all the buildings were being built with the expectation of being used) and so on, there is no interest rate calculations involved. And yet that may be a malinvestiment because some building projects will end up being canceled and the expected usage of the finished ones will turn out to be smaller than predicted.

This bubble may have been caused by a decline in interest rates that prompted some people to start buying houses that they wouldn't otherwise, but this is just a small detail. The bubble can only be kept going by a constant influx of new money into the economy, but the focus on the interest rate is wrong. If new money is printed and used by the government to buy ships then there will be a boom and a bubble in the ship market, and that involves all the parts of production process of ships and also bars that will be opened near areas of the town where ships are built and new people are being hired with higher salaries to do things that will eventually contribute to the production of ships that will then be sold to the government.

It's not interest rates or the length of the production process that matters, it's just printed money and malinvestiment.

@ 57d1a264:69f1fee1

This UX research has been redacted by @iqra from the Bitcoin.Design community, and shared for review and feedback! Don't be shy, share your thoughts.

---

1️⃣ Introduction

Project Overview

📌 Product: BlueWallet (Bitcoin Wallet) 📌 Goal: Improve onboarding flow and enhance accessibility for a better user experience. 📌 Role: UX Designer 📌 Tools Used: Figma, Notion

Why This Case Study?

🔹 BlueWallet is a self-custodial Bitcoin wallet, but users struggle with onboarding due to unclear instructions. 🔹 Accessibility issues (low contrast, small fonts) create barriers for visually impaired users. 🔹 Competitors like Trust Wallet and MetaMask offer better-guided onboarding.

This case study presents UX/UI improvements to make BlueWallet more intuitive and inclusive.

---

2️⃣ Problem Statement: Why BlueWalletʼs Onboarding Needs Improvement

🔹 Current Challenges:

1️⃣ Onboarding Complexity - BlueWallet lacks step-by-step guidance, leaving users confused about wallet creation and security.

2️⃣ No Educational Introduction - Users land directly on the wallet screen with no explanation of private keys, recovery phrases, or transactions. 3️⃣ Transaction Flow Issues - Similar-looking "Send" and "Receive" buttons cause confusion. 4️⃣ Poor Accessibility - Small fonts and low contrast make navigation difficult.

🔍 Impact on Users:

Higher drop-off rates due to frustration during onboarding. Security risks as users skip key wallet setup steps. Limited accessibility for users with visual impairments.

📌 Competitive Gap:

Unlike competitors (Trust Wallet, MetaMask), BlueWallet does not offer: ✅ A guided onboarding process ✅ Security education during setup ✅ Intuitive transaction flow

Somehow, this wallet has much better UI than the BlueWallet Bitcoin wallet.

---

3️⃣ User Research & Competitive Analysis

User Testing Findings

🔹 Conducted usability testing with 5 users onboarding for the first time. 🔹 Key Findings: ✅ 3 out of 5 users felt lost due to missing explanations. ✅ 60% had trouble distinguishing transaction buttons. ✅ 80% found the text difficult to read due to low contrast.

Competitive Analysis

We compared BlueWallet with top crypto wallets:

| Wallet | Onboarding UX | Security Guidance | Accessibility Features | |---|---|---|---| | BlueWallet | ❌ No guided onboarding | ❌ Minimal explanation | ❌ Low contrast, small fonts | | Trust Wallet | ✅ Step-by-step setup | ✅ Security best practices | ✅ High contrast UI | | MetaMask | ✅ Interactive tutorial | ✅ Private key education | ✅ Clear transaction buttons |

📌 Key Insight: BlueWallet lacks guided setup and accessibility enhancements, making it harder for beginners.

📌 User Persona

To better understand the users facing onboarding challenges, I developed a persona based on research and usability testing.

🔹 Persona 1: Alex Carter (Bitcoin Beginner & Investor)

👤 Profile: - Age: 28 - Occupation: Freelance Digital Marketer - Tech Knowledge: Moderate - Familiar with online transactions, new to Bitcoin) - Pain Points: - Finds Bitcoin wallets confusing. - - Doesnʼt understand seed phrases & security features. - - Worried about losing funds due to a lack of clarity in transactions.

📌 Needs: ✅ A simple, guided wallet setup. ✅ Clear explanations of security terms (without jargon). ✅ Easy-to-locate Send/Receive buttons.

📌 Persona Usage in Case Study: - Helps define who we are designing for. - Guides design decisions by focusing on user needs.

🔹 Persona 2: Sarah Mitchell (Accessibility Advocate & Tech Enthusiast)

👤 Profile: - Age: 35 - Occupation: UX Researcher & Accessibility Consultant - Tech Knowledge: High (Uses Bitcoin but struggles with accessibility barriers)

📌 Pain Points: ❌ Struggles with small font sizes & low contrast. ❌ Finds the UI difficult to navigate with a screen reader. ❌ Confused by identical-looking transaction buttons.

📌 Needs: ✅ A high-contrast UI that meets WCAG accessibility standards. ✅ Larger fonts & scalable UI elements for better readability. ✅ Keyboard & screen reader-friendly navigation for seamless interaction.

📌 Why This Persona Matters: - Represents users with visual impairments who rely on accessible design. - Ensures the design accommodates inclusive UX principles.

---

4️⃣ UX/UI Solutions & Design Improvements

📌 Before (Current Issues)

❌ Users land directly on the wallet screen with no instructions. ❌ "Send" & "Receive" buttons look identical , causing transaction confusion. ❌ Small fonts & low contrast reduce readability.

✅ After (Proposed Fixes)

✅ Step-by-step onboarding explaining wallet creation, security, and transactions. ✅ Visually distinct transaction buttons (color and icon changes). ✅ WCAG-compliant text contrast & larger fonts for better readability.

1️⃣ Redesigned Onboarding Flow

✅ Added a progress indicator so users see where they are in setup. ✅ Used plain, non-technical language to explain wallet creation & security. ✅ Introduced a "Learn More" button to educate users on security.

2️⃣ Accessibility Enhancements

✅ Increased contrast ratio for better text readability. ✅ Used larger fonts & scalable UI elements. ✅ Ensured screen reader compatibility (VoiceOver & TalkBack support).

3️⃣ Transaction Flow Optimization

✅ Redesigned "Send" & "Receive" buttons for clear distinction. ✅ Added clearer icons & tooltips for transaction steps.

5️⃣ Wireframes & Design Improvements:

🔹 Welcome Screen (First Screen When User Opens Wallet)

📌 Goal: Give a brief introduction & set user expectations

✅ App logo + short tagline (e.g., "Secure, Simple, Self-Custody Bitcoin Wallet") ✅ 1-2 line explanation of what BlueWallet is (e.g., "Your gateway to managing Bitcoin securely.") ✅ "Get Started" button → Le ads to next step: Wallet Setup ✅ "Already have a wallet?" → Import option

🔹 Example UI Elements: - BlueWallet Logo - Title: "Welcome to BlueWallet" - Subtitle: "Easily store, send, and receive Bitcoin." - CTA: "Get Started" (Primary) | "Import Wallet" (Secondary)

🔹 Screen 2: Choose Wallet Type (New or Import)

📌 Goal: Let users decide how to proceed

✅ Two clear options: - Create a New Wallet (For first-time users) - Import Existing Wallet (For users with a backup phrase) ✅ Brief explanation of each option 🔹 Example UI Elements: - Title: "How do you want to start?" - Buttons:** "Create New Wallet" | "Import Wallet"

🔹 Screen 3: Security & Seed Phrase Setup (Critical Step)

📌 Goal: Educate users about wallet security & backups

✅ Explain why seed phrases are important ✅ Clear step-by-step instructions on writing down & storing the phrase ✅ Warning: "If you lose your recovery phrase, you lose access to your wallet." ✅ CTA: "Generate Seed Phrase" → Next step

🔹 Example UI Elements: - Title: "Secure Your Wallet" - Subtitle: "Your seed phrase is the key to your Bitcoin. Keep it safe!" - Button: "Generate Seed Phrase"

🔹 Screen 4: Seed Phrase Display & Confirmation

📌 Goal: Ensure users write down the phrase correctly

✅ Display 12- or 24-word seed phrase ✅ “I have written it downˮ checkbox before proceeding ✅ Next screen: Verify seed phrase (drag & drop, re-enter some words)

🔹 Example UI Elements: - Title: "Write Down Your Seed Phrase" - List of 12/24 Words (Hidden by Default) - Checkbox: "I have safely stored my phrase" - Button: "Continue"

🔹 Screen 5: Wallet Ready! (Final Step)

📌 Goal: Confirm setup & guide users on next actions

✅ Success message ("Your wallet is ready!") ✅ Encourage first action: - “Receive Bitcoinˮ → Show wallet address - “Send Bitcoinˮ → Walkthrough on making transactions

✅ Short explainer: Where to find the Send/Receive buttons

🔹 Example UI Elements: - Title: "You're All Set!" - Subtitle: "Start using BlueWallet now." - Buttons: "Receive Bitcoin" | "View Wallet"

---

5️⃣ Prototype & User Testing Results

🔹 Created an interactive prototype in Figma to test the new experience. 🔹 User Testing Results: ✅ 40% faster onboarding completion time. ✅ 90% of users found transaction buttons clearer. 🔹 User Feedback: ✅ “Now I understand the security steps clearly.ˮ ✅ “The buttons are easier to find and use.ˮ

---

6️⃣ Why This Matters: Key Takeaways

📌 Impact of These UX/UI Changes: ✅ Reduced user frustration by providing a step-by-step onboarding guide. ✅ Improved accessibility , making the wallet usable for all. ✅ More intuitive transactions , reducing errors.

---

7️⃣ Direct link to figma file and Prototype

Figma file: https://www.figma.com/design/EPb4gVgAMEgF5GBDdtt81Z/Blue-Wallet-UI- Improvements?node-id=0-1&t=Y2ni1SfvuQQnoB7s-1

Prototype: https://www.figma.com/proto/EPb4gVgAMEgF5GBDdtt81Z/Blue-Wallet-UI- Improvements?node-id=1-2&p=f&t=FndTJQNCE7nEIa84-1&scaling=scale- down&content-scaling=fixed&page-id=0%3A1&starting-point-node- id=1%3A2&show-proto-sidebar=1

Original PDF available from here

originally posted at https://stacker.news/items/928822

@ 000002de:c05780a7

Regardless of what you have heard Capitalism isn't to blame for all the ills in modern life. Capitalism is simply free trade without centralize control. Of course there are many details I'm glossing over and degrees of freedom. Critics of capitalism rarely explain how it works. They complain about people buying too much stuff. People being over-weight. They complain about waste. People buying stuff they don't need. They complain that teachers aren't paid enough. They complain that professional athletes make too much money.

All of this boils down to two things.

1. People don't like what others choose to do
2. The products we see and world we live in is a result of the desires and values of the people

I agree with many of the critics of capitalism. There is a ton of crap. There's a ton of waste. There are professions I wish were more profitable and others I wish were less profitable. I'm going to ignore the state for once here. Obviously the state puts its thumb on the scales and distorts the market. But this isn't the main factor IMO. The main factor in the world we live in is us. The people. Our desires. Our values. The things we value are reflected in the market. People don't like to admit this because it is uncomfortable. We are spoiled, self-centered, brats that are desire machines. Yeah, you can blame advertising. You can blame "capitalism" but the alternative is starvation and death (socialism).

Its time for us to stop blaming freedom for all the ills in our society and take ownership for our actions. Its us. Thing is, I can't change you. But, I can change my actions. Adjust my values. Adjust my frame of view. I'd love to start hearing people take responsibility and self ownership. Start living out your values. Don't be a part of things that you view as problems. Be a part of solutions. I can't tell you what that looks like but if you think about it for a while you can come up with some things. Its easy to blame others. Its hard to take responsibility for yourself and own your flaws and mistakes.

What do you think?

Inspired by @k00b's post

originally posted at https://stacker.news/items/927021

@ 0176967e:1e6f471e

AI hype vnímame asi všetci okolo nás — už takmer každá appka ponúka nejakú “AI fíčuru”, AI startupy raisujú stovky miliónov a Európa ako obvykle pracuje na regulovaní a našej ochrane pred nebezpečím umelej inteligencie. Pomaly sa ale ukazuje “ovocie” spojenia umelej inteligencie a človeka, kedy mnohí ľudia reportujú signifikantné zvýšenie produktivity v práci ako aj kreatívnych aktivitách (aj napriek tomu, že mnohí hardcore kreatívci by každého pri spomenutí skratky “AI” najradšej upálili). V prvej polovici prednášky sa pozrieme na to, akými rôznymi spôsobmi nám vie byť AI nápomocná, či už v práci alebo osobnom živote.

Umelé neuróny nám už vyskakujú pomaly aj z ovsených vločiek, no to ako sa k nám dostávajú sa veľmi líši. Hlavne v tom, či ich poskytujú firmy v zatvorených alebo open-source modeloch. V druhej polovici prednášky sa pozrieme na boom okolo otvorených AI modelov a ako ich vieme využiť.

@ 3bf0c63f:aefa459d

hledger-web

A Haskell app that uses Miso and hledger's Haskell libraries plus ghcjs to be compiled to a web page, and then adds optional remoteStorage so you can store your ledger data somewhere else.

This was my introduction to Haskell and also built at a time I thought remoteStorage was a good idea that solved many problems, and that it could use some help in the form of just yet another somewhat-useless-but-cool project using it that could be added to their wiki.

• https://hledger.alhur.es/
• https://github.com/fiatjaf/hledger-web

See also

• My stupid introduction to Haskell
• LessPass remoteStorage
• TiddlyWiki remoteStorage

@ a012dc82:6458a70d

The cryptocurrency market, known for its dramatic fluctuations, has always been a subject of intrigue and speculation. Bitcoin, as the pioneering digital currency, has been at the epicenter of this financial whirlwind. As we approach 2024, the anticipation surrounding Bitcoin's value is palpable, with potential investors and seasoned cryptocurrency enthusiasts keenly eyeing the market's movements. This article aims to dissect the recent forecasts for Bitcoin's price in the coming year, delve into the multifaceted factors influencing these predictions, and explore the broader implications for those contemplating an investment in Bitcoin.

Table of Contents

• 2024 Bitcoin Price Predictions: A New Peak on the …

• Key Factors Driving Bitcoin's Price

  • The Halving Event

  • Institutional Interest and ETFs

  • Economic and Monetary Policies

• The Debate: To Buy or Not to Buy

  • Risk Tolerance

  • Market Dynamics

  • Long-Term Perspective

• Caution and Speculation

• Conclusion

• FAQs

2024 Bitcoin Price Predictions: A New Peak on the Horizon

Recent analyses, particularly a notable report from UK fintech firm Finder, have painted an optimistic picture for Bitcoin in 2024. Experts within the field are forecasting a new zenith for Bitcoin, projecting it to reach an all-time high of $88,000, with expectations of the currency stabilizing around $77,000 by the end of the year. These projections represent a significant uptick from Bitcoin's current valuation and suggest a potentially lucrative year ahead for the digital currency. However, it's crucial to recognize that these predictions are not guarantees but educated guesses based on current market trends and historical data. The cryptocurrency market's inherent volatility means that while the potential for substantial gains exists, so too does the risk of dramatic losses. Investors should approach these predictions with cautious optimism, considering the broader economic and technological landscape that could impact Bitcoin's trajectory.

Key Factors Driving Bitcoin's Price

The anticipated surge in Bitcoin's value can be attributed to several key factors, each playing a pivotal role in shaping the currency's future:

The Halving Event

The Bitcoin halving event scheduled for April 2024 stands as a significant milestone. This event, which occurs approximately every four years, reduces the reward for mining Bitcoin transactions by half. Historically, halving events have led to a decrease in the supply of new Bitcoins entering the market, which, in turn, has led to price increases as demand outstrips supply. The 2024 halving is expected to follow this trend, contributing to the bullish outlook for Bitcoin's price. However, while past performance can offer insights, it is not indicative of future results. The halving's impact could be influenced by a myriad of factors, including changes in miner behavior, technological advancements, and shifts in investor sentiment.

Institutional Interest and ETFs

Another driving force behind the optimistic price predictions is the growing institutional interest in Bitcoin and the approval of Bitcoin ETFs in the United States. These developments have not only legitimized Bitcoin as an investment asset but also made it more accessible to a broader audience of traditional investors. The introduction of ETFs has bridged the gap between the conventional financial world and the burgeoning cryptocurrency market, providing a regulated and familiar avenue for investment. However, the influx of institutional money also brings new challenges, including increased market manipulation risks and the potential for regulatory crackdowns. Investors should remain vigilant, monitoring the evolving landscape and considering the long-term implications of institutional involvement in the cryptocurrency space.

Economic and Monetary Policies

Global economic conditions and monetary policies, particularly those enacted by the US Federal Reserve, are also critical factors influencing Bitcoin's price. In an environment of low interest rates and quantitative easing, investors have increasingly turned to alternative assets like Bitcoin as a hedge against inflation and currency devaluation. However, shifts in these policies could significantly impact investor behavior and market dynamics. A rise in interest rates or a tightening of monetary policy could lead to reduced liquidity in the market and a shift away from riskier assets, including Bitcoin. Conversely, continued economic uncertainty and inflationary pressures could bolster Bitcoin's appeal as a store of value.

The Debate: To Buy or Not to Buy

The decision to invest in Bitcoin, especially in light of the optimistic 2024 price predictions, is fraught with complexity:

Risk Tolerance

Bitcoin's notorious volatility cannot be overstated. The digital currency's price can experience dramatic swings within short periods, influenced by factors ranging from regulatory news to market sentiment. Potential investors must assess their risk tolerance and financial situation before entering the market. It's essential to consider whether you can withstand significant fluctuations in your investment's value and how such changes would impact your overall financial health.

Market Dynamics

Understanding the broader market dynamics and potential regulatory changes is crucial for anyone considering investing in Bitcoin. The cryptocurrency market does not operate in a vacuum; it is affected by global economic conditions, technological developments, and shifts in regulatory attitudes. Staying informed and adaptable is key, as today's market drivers could change rapidly, altering Bitcoin's price trajectory.

Long-Term Perspective

Adopting a long-term perspective is vital when investing in Bitcoin. While the allure of quick profits can be tempting, Bitcoin's history suggests that it is better suited as a long-term investment. The market's cyclical nature, characterized by boom-and-bust cycles, requires patience and a long-term outlook. Investors should avoid making impulsive decisions based on short-term price movements and instead focus on the underlying value and potential of Bitcoin as a revolutionary digital asset.

Caution and Speculation

Despite the bullish forecasts, a note of caution is warranted. The cryptocurrency market remains speculative, and while Bitcoin has established itself as the leading digital currency, its future is not guaranteed. The landscape is rife with uncertainties, from technological challenges to regulatory hurdles. Potential investors should approach Bitcoin with a balanced perspective, recognizing the possibilities while being acutely aware of the risks.

Conclusion

The predictions for Bitcoin's price in 2024 offer a glimpse into a potentially prosperous future for the digital currency. However, the decision to invest should not be taken lightly. Prospective investors must navigate a landscape marked by volatility, uncertainty, and rapid change. By thoroughly evaluating the market, staying informed about developments, and considering their long-term financial goals, individuals can make more informed decisions about their involvement in the Bitcoin market. Whether now is the right time to buy Bitcoin is a personal decision that depends on individual circumstances, risk tolerance, and investment strategy. As with any investment, there are no guarantees, but for those willing to embrace the risks, the rewards could be substantial.

FAQs

Why is Bitcoin expected to reach new highs in 2024? Bitcoin's price is expected to surge due to factors like the halving event, increasing institutional interest, the approval of Bitcoin ETFs, and global economic conditions that favor alternative investments.

What is a Bitcoin halving event? A Bitcoin halving event is when the reward for mining new blocks is halved, reducing the rate at which new bitcoins are generated. This event occurs approximately every four years and tends to impact the price due to reduced supply.

Are Bitcoin ETFs significant for individual investors? Yes, Bitcoin ETFs provide individual investors with a regulated and familiar way to gain exposure to Bitcoin without directly purchasing or storing the cryptocurrency, potentially increasing its accessibility and demand.

That's all for today

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

@ 8671a6e5:f88194d1

A flash of inspiration

Sometimes the mind takes you to strange places. The other day, I stumbled across Madonna’s “Vogue” video, you know “strike a pose” and all that jazz, and it got me thinking. Not about her music (which, let’s be honest, hasn’t aged as gracefully as her PR team might hope), but about Michael Saylor and Bitcoin.

Bear with me here, there’s a connection there. Madonna built an empire and her iconic name on catchy tunes and reinvention, even if her catalog feels a bit thin these days. Saylor? He’s doing something similar—taking an old act, dusting it off, and teaching it a new trick. Only instead of a microphone, he’s wielding Bitcoin, and Wall Street’s playing the role of the music industry, propping up the star despite a shaky back catalog (his initial business software).

Old school meets new moves

Think of Saylor as that veteran artist who’s been around for a few decades and think of bitcoin as a new style of music, a genre or a gimmick that’s popular with the kids. Old music stars sooner or later pick up on that, and even bring people in to do a cross-over song, a mix or god forbid, a duet.

MicroStrategy, his software company, was never a top hit scoring machine. More of a album full of B-sides that faded into obscurity (for those who don’t know, look up what a B-side song was). But then he stumbled onto Bitcoin, the shiny new genre that’s got the attention and attracted people because of the underlying asset (our tunes are here to stay).

It’s not just a pivot; it’s a reinvention. Like an aging pop star learning to rap, Saylor’s taken his old-school business and remixed it into something attracting a decent audience at conferences for example. Like Madonna or the former Prince fulling arenas. He’s voguing alright; with bold moves, big loans, the support of his own music industry and a spotlight for his (sometimes Madonna lyrics like) ramblings.

The Saylor trick: a ray of light on bitcoin

Here’s the play: Saylor’s turned MicroStrategy into a Bitcoin hoarding machine. Forget software licenses; his game is borrowing billions—through corporate bonds and stock sales, only to buy and hold Bitcoin. Bitcoin will outshine gold, bonds, even the S&P 500, Saylor says. It’s a gamble, an honorable one if you’re a bitcoiner, but it’s dressed up as a vision, and it’s got a self-fulfilling prophecy in it. Not only that, such a prophecy can only fully come to fruition if he’s not the only buyer of last resort of any significance. A music industry isn’t a real industry if there was only Madonna dancing on stage as the only mainstream artist.

We had Prince, Michael Jackson, Taylor Swift, Bruno Mars or Dua Lipa and hundreds of other artists over time, vying for your money, attention span, and streaming minutes. The more Strategy buys, the more the Bitcoin crowd cheers, the higher the price climbs, and the more attention he gets. Speaking gigs, headlines, cult status—it’s a win-win, at least on paper. Strike the pose, indeed.

The McDonald’s trick: value under the surface

It’s not the first time Michael Saylro remixes a tape from another artist so to speak. Let’s pivot to McDonald’s for a second, because there’s a parallel here. You think Big Macs when you think McDonald’s, but their real value hustle is actually real estate.

They own prime land, lease it to franchisees, and rake in rent—billions of it. The burgers? Just a tasty front for a property empire. Saylor’s pulling a similar move, but instead of buildings, his asset is Bitcoin. MicroStrategy’s software gig is the fries on the side — nice to have, but not the main course. He’s borrowing against the future value of BTC, betting it’ll keep climbing, just like McDonald’s banks on steady foot traffic and picking strategic (pun intended) locations. The difference? McDonald’s has a fallback if real estate tanks. Saylor’s all-in on bitcoin. (So far so good, if there’s one thing to go all-in on, it’s bitcoin anyway). That on itself is not an issue. But it’s important to know that the “location” is the asset for some while bitcoin is the “asset” for Strategy. Mc Donald’s assets are easy to spot: there are restaurants all over the place. Madonna’s concerts are also easy to spot: they sell out arenas left and right. Strategy’s bitcoin asset is less easy to spot, as we can’t see them, neither can we verify them. More on that later.

The hybrid star: Madonna meets McDonald’s

So, picture this: Saylor’s a cross between Madonna and a fast-food landlord. He’s the aging music icon who’s learned a flashy new dance, but underneath the glitter, he’s running a McDonald’s-style value play. It’s brilliant, in a way. Bitcoin’s scarcity fuels the hype, and his borrowing keeps the show on the road. Madonna’s legacy still sells records her name holds value, and McDonald’s can lean on its food business and brand, if the property game stumbles they can easily pivot back to basics and earn like they’ve always done on selling food and franchise income/licensing. Saylor? His software arm’s is rather dismal. If Bitcoin falters, there’s no encore that can him.a flash of inspiration

Sometimes the mind takes you to strange places. The other day, I stumbled across Madonna’s “Vogue” video, you know “strike a pose” and all that jazz, and it got me thinking. Not about her music (which, let’s be honest, hasn’t aged as gracefully as her PR team might hope), but about Michael Saylor and Bitcoin.\ \ Bear with me here, there’s a connection there. Madonna built an empire and her iconic name on catchy tunes and reinvention, even if her catalog feels a bit thin these days.\ Saylor? He’s doing something similar—taking an old act, dusting it off, and teaching it a new trick. Only instead of a microphone, he’s wielding Bitcoin, and Wall Street’s playing the role of the music industry, propping up the star despite a shaky back catalog (his initial business software).

Old school meets new moves

Think of Saylor as that veteran artist who’s been around for a few decades and think of bitcoin as a new style of music, a genre or a gimmick that’s popular with the kids. Old music stars sooner or later pick up on that, and even bring people in to do a cross-over song, a mix or god forbid, a duet.

MicroStrategy, his software company, was never a top hit scoring machine. More of a album full of B-sides that faded into obscurity (for those who don’t know, look up what a B-side song was).\ But then he stumbled onto Bitcoin, the shiny new genre that’s got the attention and attracted people because of the underlying asset (our tunes are here to stay).\ \ It’s not just a pivot; it’s a reinvention. Like an aging pop star learning to rap, Saylor’s taken his old-school business and remixed it into something attracting a decent audience at conferences for example. Like Madonna or the former Prince fulling arenas.\ He’s voguing alright; with bold moves, big loans, the support of his own music industry and a spotlight for his (sometimes Madonna lyrics like) ramblings.

*The Saylor trick: a ray of light on bitcoin* \ Here’s the play: Saylor’s turned MicroStrategy into a Bitcoin hoarding machine. Forget software licenses; his game is borrowing billions—through corporate bonds and stock sales, only to buy and hold Bitcoin. Bitcoin will outshine gold, bonds, even the S&P 500, Saylor says.\ It’s a gamble, an honorable one if you’re a bitcoiner, but it’s dressed up as a vision, and it’s got a self-fulfilling prophecy in it. Not only that, such a prophecy can only fully come to fruition if he’s not the only buyer of last resort of any significance. A music industry isn’t a real industry if there was only Madonna dancing on stage as the only mainstream artist.\ \ We had Prince, Michael Jackson, Taylor Swift, Bruno Mars or Dua Lipa and hundreds of other artists over time, vying for your money, attention span, and streaming minutes.\ The more Strategy buys, the more the Bitcoin crowd cheers, the higher the price climbs, and the more attention he gets. Speaking gigs, headlines, cult status—it’s a win-win, at least on paper. Strike the pose, indeed.

*The McDonald’s trick: value under the surface* \ It’s not the first time Michael Saylro remixes a tape from another artist so to speak.\ Let’s pivot to McDonald’s for a second, because there’s a parallel here. You think Big Macs when you think McDonald’s, but their real value hustle is actually real estate.

They own prime land, lease it to franchisees, and rake in rent—billions of it. The burgers? Just a tasty front for a property empire. Saylor’s pulling a similar move, but instead of buildings, his asset is Bitcoin.\ MicroStrategy’s software gig is the fries on the side — nice to have, but not the main course. He’s borrowing against the future value of BTC, betting it’ll keep climbing, just like McDonald’s banks on steady foot traffic and picking strategic (pun intended) locations.\ The difference? McDonald’s has a fallback if real estate tanks. Saylor’s all-in on bitcoin. (So far so good, if there’s one thing to go all-in on, it’s bitcoin anyway). That on itself is not an issue. But it’s important to know that the “location” is the asset for some while bitcoin is the “asset” for Strategy.\ Mc Donald’s assets are easy to spot: there are restaurants all over the place. Madonna’s concerts are also easy to spot: they sell out arenas left and right.\ Strategy’s bitcoin asset is less easy to spot, as we can’t see them, neither can we verify them. More on that later.

The hybrid star: Madonna meets McDonald’s

So, picture this: Saylor’s a cross between Madonna and a fast-food landlord. He’s the aging music icon who’s learned a flashy new dance, but underneath the glitter, he’s running a McDonald’s-style value play.\ It’s brilliant, in a way. Bitcoin’s scarcity fuels the hype, and his borrowing keeps the show on the road.\ Madonna’s legacy still sells records her name holds value, and McDonald’s can lean on its food business and brand, if the property game stumbles they can easily pivot back to basics and earn like they’ve always done on selling food and franchise income/licensing.\ Saylor? His software arm’s is rather dismal. If Bitcoin falters, there’s no encore that can him.

The music’s made in-house

Michael Saylor’s strategy with Strategy, is a bold, all-in bet on Bitcoin as the ultimate store of value. Essentially combining what Mc Donald’s does with the strong believe in bitcoin’s future (and fueling that believe with the fitting rhetoric).

It works like this: Since August 2020, Saylor’s company has been buying up more and more Bitcoin, making it their main asset instead of traditional cash or investments, and by March 2025, they own 506,137 BTC—worth about $42.8 billion (at $84,000 per Bitcoin). This, after spending $33.7 billion to buy it over time (DCA), including a massive 218887 BTC purchase late 2024 for $20.5 billion, giving them over 2.41% of all Bitcoin ever to exist (way more than companies like Marathon, Coinbase, Tesla or Riot).

To pull this off, they’ve borrowed heavily: owing $7.2 billion, mostly to Wall Street investors through special IOUs1 called convertible notes, which don’t need to be paid back until 2027, through 2029. These can either be settled with cash or swapped for Strategy stock. (there lies one of the main issues in my opinion, as the main asset’s price in USD is directly impacting the stock price of MSTR). A small example of this repeated correlation happened on March 28, 2025 when Strategy’s stock (MSTR) dropped 10.8% from $324.59 to $289.41, which was mirroring Bitcoin’s move down from $85,000 to $82,000 earlier.

This debt they have can be called “risky” by any stretch, with a high leverage rate of 39-40%, meaning they’ve borrowed a big chunk compared to what they own outright, but here’s the genius of it: they don’t have to sell their Bitcoin if its price drops, and they can refinance (borrow more later) to keep the dance going. As long as they find investors willing to bet on the later bitcoin price surge, but more importantly, as long as the song is liked by the new audience. If Michael Saylor is our “Madonna”, then there’s still not Taylor Swift or Rihanna in sight.

The creditors (big players, not banks) win if Bitcoin soars, as Strategy’s huge stash (potentially 2.9%+ of the market) nets them massive profits, or even if it crashes, they’re still in the game with other ways to make profit (not on bitcoin), since they can afford the risk. If someone is willing to bet 4 to 8 billion dollars, they’re probably not spooked by losing it all. More so, these Wall Streat people in the correct entourage, can probably afford such a gamble, and can stomach to lose it all if something goes horribly wrong as well, instead of risking being left out of a growing market. But since they’re probably the same people steering and “owning” the USD market anyway, they’re just conquering positions in a new market. The fact that they’re not real bitcoin-ethos people, but just “suits” in finance, can make the suspicious bitcoiners watching all of this unfold, even more uneasy.

So, Strategy sits on $44 billion in Bitcoin with just $7.2 billion in debt, voguing confidently. And Saylor’s betting the song never gets old, he’ll do the B-sides and re-mastering his old albums if necessary, but if Bitcoin’s value ever fades (for whatever reason), the real question is how long they can keep striking poses before the music stops. Remember: all money (fiat, gold, silver, bitcoin, nicely made papers) is a matter of trust.

As I have trust in bitcoin itself, but not so much in Strategy, I’ve take some precautions. I've started my own sort of "Strategy crash fund", with fiat money that only will come into action when strategy is done. The crash that we'll see after that goes down, will be such a tremendous opportunity, that I'll pour in some more fiat, gladly, and that will be the exact moment I will actually “sell all my chairs” (from Saylor’s well-known quote).

Purchases

Strategy’s Bitcoin purchases, don’t seem to jolt the market much either, no matter the size of the order. They always have the same sound: “it’s OTC, it doesn’t impact the market that much”.

Still, it’s strange to see: no one has ever come forward to tell anyone “I’ve sold 15000 bitcoin from my old stack to Saylor”, neither do we see any clear evidence and on-chain moves.

Take their first buy in August 2020 for example. Totaling 21454 BTC for $250 million at $11,652 per BTC; Bitcoin sat at $11,500 to $11,700 so barely moved, inching to $12,000 weeks later due to broader trends.

Same story in December 2020 with 29646 BTC for $650 million, there, the price hopped from $19,000 to $23,000, but a bull market was already raging. Fast forward to February 2021 (19452 BTC, for $1.026 billion (!)), March 2024 (9245 BTC, $623 million), November 2024 (55500 BTC, $5.4 billion), and March 2025 (6911 BTC, $584.1 million)

Bitcoin wobbled 2-15%, but always in line with existing momentum, not Strategy’s announcements. Their biggest buy, for a total of $5.4 billion (!) is just 0.3% of Bitcoin’s $1.7 trillion market cap, it’s too small to register as a blip even. But compared to the liquidity on the market and the “availability” on the OTC market, it should. More so, OTC bitcoin is announced as “for sale” somehow. A person with +25000 bitcoin is not standing on the side of the street yelling “hey man, wanna buy some bitcoin?”. There are specialized firms doing that for them, and making these available. This date is also used by some insiders and people who know this very small market (there aren’t that many bitcoiners sitting on such an amount after 2024 I guess). Data from Binance OTC, Coinspaid, kraken OTC, is highly private of course, but still, anything being sold over there, to Strategy or anyone else, would take larger amounts off the open market and the OTC market, making a price impact, certainly withing 2 years, as Bitcoin mining companies sit on an average buffer of 6 months depending on market conditions.

Strategy funds all of this by selling shares (diluting the pool big-time) or issuing convertible notes, and while SEC filings make faking these buys near-impossible. And even if Saylor is the Bitcoin version of Bernie Madoff, he could get away with it, if enough people "in the know" are willing to support this way of infesting (and investing in) the bitcoin economy. This would have to be a clear orchestrated attack on bitcoin, purely on the financial level then.

I don't believe this to be the case, but mathematically we have to take it into account as a very slight possibility.

After all, a company like "WorldCom"2 managed to scam their way out of different audits for years, until the scheme got bust and a enormous amount of investors lost their money after their CEO went to jail3 for exchange fraud.

I believe this could be the case with Strategy, but I give it a 3% chance (this might be low, but it's there, we can't outright dismiss the possibility).

Water in the wine

Strategy has also massively diluted its stock to fund Bitcoin buys, jumping from 10 million shares in 2020 to about 285 million by March 2025—a 2,750% increase, this happened after raising $4.25 billion from 2020 onwards and $20 billion of their $42 billion "21/21 Plan" by early 2025.

After the 10-for-1 stock split in August 2024, the number of MSTR shares grew from 16.5 million in 2023 to 284898 by end of 2024, a 1625% rise !!!. Add to that about 275 million more shares added in total (including 120 million in 2024 alone) and 1.975 million extra in March 2025 for $592.6 million.

So more and more tap water is poured in the wine, and it means each share’s ownership slice shrinks as new shares flood in, mostly via "at-the-market" sales and convertible note conversions. This is partly offset by share splits, but still, the rise in the number of stock is significant, and a big factor in evaluating MSTR.

In December 2024, they proposed hiking authorized shares to 10.33 billion (plus 1 billion preferred), approved in January 2025, setting the stage for even more if they keep selling.

The trend is clear: relentless selling. They might say “we never sell bitcoin”, but the same doesn’t count for their shares… which derive their value from bitcoin’s fiat price. So shareholders are betting on Bitcoin’s rise to offset the watering down of the share they hold. The more you think of it, the more ludicrous it sounds. It’s a loop of trust where the stock itself can only thrive if the company itself is an active, useful middleman. And so far, it’s only doing so for other Wall street companies, the biggest holders of MSTR shares:

Vanguard Group Inc, BlackRock, Capital International Investors, Jane Street Group, Susquehanna International Group

This on itself is also “normal” of course. In the flow of things. Like every aspect by itself in the whole Strategy setup is just normal. But combining all the factors makes it look a bit more… suspicious to me.

Supporting bitcoin ?

The real head-scratcher comes next: their secrecy and lack of community involvement. Strategy claims to hold 506137 BTC, likely cold-stored with partners like BitGo or Coinbase Custody, but no public wallet addresses back these claims up. Odd for a firm swearing never to sell.

There’s also the real risk that these partners are partly selling paper bitcoin (bitcoin they don't hold the keys to, or "promised" bitcoin) to Strategy, and that they just assume everything is audited and OK.

We can't estimate that, since we don't have any public MicroStrategy addresses or other ways to look at their holdings. This is for security reasons apparently, which raises another question: If they for example would show 300k+ BTC on-chain as proof, it’d boost trust, yet they don’t, hinting at a bigger play — maybe as a Wall Street-backed buyer of last resort for a new asset class.

Also Strategy’s software business and bitcoin “apps” (like the super simple Lightning email integration, and an on-chain digital ID system) is underwhelming to say the least (I literally know people that code such stuff on a free afternoon while they’re cooking dinner).

Their very minimal software innovation for the Bitcoin space, with basic Lightning features and an on-chain ID system, failing their their valuation as a 'Bitcoin company' in my opinion. More so, their business is ignoring the other innovation that would help bitcoin thrive. This is kind of a red flag for me. Why would a company sitting on +500 k bitcoin be hesitant about supporting the bitcoin eco-system more actively? They sure have the funds to do so, right? And they also have the right insights, info and spirit. Yet, they don’t.

They don’t fund developers for open-source projects, or Bitcoin’s growth in general (not publicly at least). So Saylor shines in talks, hyping Bitcoin’s future and Strategy’s stock, but it’s all the self fulfilling prophecy.

No grants, no real support for the community they lean on. It’s like they’re dancing to Bitcoin’s mixtape, raking in the spotlight, while giving little back. All the while some extremely needed projects lack funding, and most software companies in bitcoin who wish to innovate are begging and scraping funds together, in order to stay afloat. Something’s not ok with that. I can’t understand a company with that much power and money being part of this movement and loving bitcoin, while not actively supporting the development or the maintainers of the bitcoin software. (and yes, to keep their independence it’s best to keep it that way, that’s also an argument, but even then, giving out a grant to anyone that’s crucial in this industry, might help the whole ecosystem).

The show must go on—for now

The whole Strategy setup feels more and more like a performance to me. Saylor’s the star, doing the moves and Wall Street’s the record label, and we’re the audience, captivated by the spectacle and paying to see the show on occasion.

The suits keep funding him (free money, IOUs), just like the music industry props up a fading diva with a limited repertoire or drags a new star from her home studio on YouTube into the spotlights. H Saylor’s 21/21 Plan to the amount of $42 billion to snatch up more Bitcoin can be a grand finale that’s dazzling while the lights stay on.

Prediction: the music stops eventually

Here’s my take: Bitcoin will keep rising over a long period of time, and Saylor’s gambit will look like a genius move, until it doesn’t. All it takes is one big shot in Wall Street to find another shiny toy to play with, or another play to get their money working. The billions they’ve invested, will come back eventually, and if it doesn’t, it will mean the world has changed in their advantage as well in another way. Some people cannot lose, no matter what. Saylor’s now part of that, doing their bidding and doing his part for educating the other businesses.

He’s the only big buyer of last resort in this game so far. No one else is piling in with billions like he is. When the hype cools or the debt catches up, he’s got no real business to fall back on. The software? A relic. The Bitcoin bet can save him if the time is right, we’ll see about that. Time is his enemy not ally, and it always wins in the end. The pose can only hold so long. You can’t keep scoring free fiat, without either die on low valuation and dilution, or without at least 20 other Strategy-grade businesses jumping in to take their piece of the pie. So far, surprisingly, none of these two things happen. He keeps getting free fiat from Wall Street investors, and no other Saylor stands up. This can’t last forever. One of the two will happen by end of 2025.

Curtain call

Saylor’s a fascinating watch, a mix of investor-backed bravado, brains, and borrowed billions. Is it a masterstroke or a bitcoin version of Worldcom? I’m not sure. In any case, I would only invest in MSTR myself if the company has a real added value for bitcoin development and the bitcoin ecosystem. They could be the engine, the spirit, the core of bitcoin. Yet they’re just doing the poses. Let your body move to the rhythm.

AVB

If you like : tip here / other writings

1 https://en.wikipedia.org/wiki/IOU

2 https://sc.edu/about/offices_and_divisions/audit_and_advisory_services/about/news/2021/worldcom_scandal.php

3 https://content.next.westlaw.com/Document/Ic6b4dd91644311dbbe1cf2d29fe2afe6/View/FullText.html?transitionType=Default&contextData=(sc.Default)#:\~:text=Rep.-,6,Criminal%20ChargesThe music’s made in-house

Michael Saylor’s strategy with Strategy, is a bold, all-in bet on Bitcoin as the ultimate store of value. Essentially combining what Mc Donald’s does with the strong believe in bitcoin’s future (and fueling that believe with the fitting rhetoric).\ \ It works like this: Since August 2020, Saylor’s company has been buying up more and more Bitcoin, making it their main asset instead of traditional cash or investments, and by March 2025, they own 506,137 BTC—worth about $42.8 billion (at $84,000 per Bitcoin).\ This, after spending $33.7 billion to buy it over time (DCA), including a massive 218887 BTC purchase late 2024 for $20.5 billion, giving them over 2.41% of all Bitcoin ever to exist (way more than companies like Marathon, Coinbase, Tesla or Riot).\ \ To pull this off, they’ve borrowed heavily: owing $7.2 billion, mostly to Wall Street investors through special IOUs1 called convertible notes, which don’t need to be paid back until 2027, through 2029. These can either be settled with cash or swapped for Strategy stock. (there lies one of the main issues in my opinion, as the main asset’s price in USD is directly impacting the stock price of MSTR).\ A small example of this repeated correlation happened on March 28, 2025 when Strategy’s stock (MSTR) dropped 10.8% from $324.59 to $289.41, which was mirroring Bitcoin’s move down from $85,000 to $82,000 earlier.

This debt they have can be called “risky” by any stretch, with a high leverage rate of 39-40%, meaning they’ve borrowed a big chunk compared to what they own outright, but here’s the genius of it: they don’t have to sell their Bitcoin if its price drops, and they can refinance (borrow more later) to keep the dance going. As long as they find investors willing to bet on the later bitcoin price surge, but more importantly, as long as the song is liked by the new audience. If Michael Saylor is our “Madonna”, then there’s still not Taylor Swift or Rihanna in sight.

The creditors (big players, not banks) win if Bitcoin soars, as Strategy’s huge stash (potentially 2.9%+ of the market) nets them massive profits, or even if it crashes, they’re still in the game with other ways to make profit (not on bitcoin), since they can afford the risk. If someone is willing to bet 4 to 8 billion dollars, they’re probably not spooked by losing it all. More so, these Wall Streat people in the correct entourage, can probably afford such a gamble, and can stomach to lose it all if something goes horribly wrong as well, instead of risking being left out of a growing market. But since they’re probably the same people steering and “owning” the USD market anyway, they’re just conquering positions in a new market. The fact that they’re not real bitcoin-ethos people, but just “suits” in finance, can make the suspicious bitcoiners watching all of this unfold, even more uneasy.\ \ So, Strategy sits on $44 billion in Bitcoin with just $7.2 billion in debt, voguing confidently. And Saylor’s betting the song never gets old, he’ll do the B-sides and re-mastering his old albums if necessary, but if Bitcoin’s value ever fades (for whatever reason), the real question is how long they can keep striking poses before the music stops. Remember: all money (fiat, gold, silver, bitcoin, nicely made papers) is a matter of trust.

As I have trust in bitcoin itself, but not so much in Strategy, I’ve take some precautions.\ I've started my own sort of "Strategy crash fund", with fiat money that only will come into action when strategy is done. The crash that we'll see after that goes down, will be such a tremendous opportunity, that I'll pour in some more fiat, gladly, and that will be the exact moment I will actually “sell all my chairs” (from Saylor’s well-known quote).

Purchases

Strategy’s Bitcoin purchases, don’t seem to jolt the market much either, no matter the size of the order. They always have the same sound: “it’s OTC, it doesn’t impact the market that much”.\ \ Still, it’s strange to see: no one has ever come forward to tell anyone “I’ve sold 15000 bitcoin from my old stack to Saylor”, neither do we see any clear evidence and on-chain moves.\ \ Take their first buy in August 2020 for example. Totaling 21454 BTC for $250 million at $11,652 per BTC; Bitcoin sat at $11,500 to $11,700 so barely moved, inching to $12,000 weeks later due to broader trends.

Same story in December 2020 with 29646 BTC for $650 million, there, the price hopped from $19,000 to $23,000, but a bull market was already raging.\ Fast forward to February 2021 (19452 BTC, for $1.026 billion (!)), March 2024 (9245 BTC, $623 million), November 2024 (55500 BTC, $5.4 billion), and March 2025 (6911 BTC, $584.1 million)\ \ Bitcoin wobbled 2-15%, but always in line with existing momentum, not Strategy’s announcements. Their biggest buy, for a total of $5.4 billion (!) is just 0.3% of Bitcoin’s $1.7 trillion market cap, it’s too small to register as a blip even. But compared to the liquidity on the market and the “availability” on the OTC market, it should.\ More so, OTC bitcoin is announced as “for sale” somehow. A person with +25000 bitcoin is not standing on the side of the street yelling “hey man, wanna buy some bitcoin?”. There are specialized firms doing that for them, and making these available. This date is also used by some insiders and people who know this very small market (there aren’t that many bitcoiners sitting on such an amount after 2024 I guess). Data from Binance OTC, Coinspaid, kraken OTC, is highly private of course, but still, anything being sold over there, to Strategy or anyone else, would take larger amounts off the open market and the OTC market, making a price impact, certainly withing 2 years, as Bitcoin mining companies sit on an average buffer of 6 months depending on market conditions.\ \ Strategy funds all of this by selling shares (diluting the pool big-time) or issuing convertible notes, and while SEC filings make faking these buys near-impossible. And even if Saylor is the Bitcoin version of Bernie Madoff, he could get away with it, if enough people "in the know" are willing to support this way of infesting (and investing in) the bitcoin economy. This would have to be a clear orchestrated attack on bitcoin, purely on the financial level then.

I don't believe this to be the case, but mathematically we have to take it into account as a very slight possibility.

After all, a company like "WorldCom"2 managed to scam their way out of different audits for years, until the scheme got bust and a enormous amount of investors lost their money after their CEO went to jail3 for exchange fraud.

I believe this could be the case with Strategy, but I give it a 3% chance (this might be low, but it's there, we can't outright dismiss the possibility).

Water in the wine

Strategy has also massively diluted its stock to fund Bitcoin buys, jumping from 10 million shares in 2020 to about 285 million by March 2025—a 2,750% increase, this happened after raising $4.25 billion from 2020 onwards and $20 billion of their $42 billion "21/21 Plan" by early 2025.\ \ After the 10-for-1 stock split in August 2024, the number of MSTR shares grew from 16.5 million in 2023 to 284898 by end of 2024, a 1625% rise !!!. Add to that about 275 million more shares added in total (including 120 million in 2024 alone) and 1.975 million extra in March 2025 for $592.6 million.\ \ So more and more tap water is poured in the wine, and it means each share’s ownership slice shrinks as new shares flood in, mostly via "at-the-market" sales and convertible note conversions.\ This is partly offset by share splits, but still, the rise in the number of stock is significant, and a big factor in evaluating MSTR.\ \ In December 2024, they proposed hiking authorized shares to 10.33 billion (plus 1 billion preferred), approved in January 2025, setting the stage for even more if they keep selling.\ \ The trend is clear: relentless selling.\ They might say “we never sell bitcoin”, but the same doesn’t count for their shares… which derive their value from bitcoin’s fiat price.\ So shareholders are betting on Bitcoin’s rise to offset the watering down of the share they hold. The more you think of it, the more ludicrous it sounds. It’s a loop of trust where the stock itself can only thrive if the company itself is an active, useful middleman.\ And so far, it’s only doing so for other Wall street companies, the biggest holders of MSTR shares:

Vanguard Group Inc, BlackRock, Capital International Investors, Jane Street Group, Susquehanna International Group\ \ This on itself is also “normal” of course. In the flow of things.\ Like every aspect by itself in the whole Strategy setup is just normal. But combining all the factors makes it look a bit more… suspicious to me.

Supporting bitcoin ?

The real head-scratcher comes next: their secrecy and lack of community involvement.\ Strategy claims to hold 506137 BTC, likely cold-stored with partners like BitGo or Coinbase Custody, but no public wallet addresses back these claims up. Odd for a firm swearing never to sell.

There’s also the real risk that these partners are partly selling paper bitcoin (bitcoin they don't hold the keys to, or "promised" bitcoin) to Strategy, and that they just assume everything is audited and OK.

We can't estimate that, since we don't have any public MicroStrategy addresses or other ways to look at their holdings. This is for security reasons apparently, which raises another question:\ If they for example would show 300k+ BTC on-chain as proof, it’d boost trust, yet they don’t, hinting at a bigger play — maybe as a Wall Street-backed buyer of last resort for a new asset class.

Also Strategy’s software business and bitcoin “apps” (like the super simple Lightning email integration, and an on-chain digital ID system) is underwhelming to say the least (I literally know people that code such stuff on a free afternoon while they’re cooking dinner).

Their very minimal software innovation for the Bitcoin space, with basic Lightning features and an on-chain ID system, failing their their valuation as a 'Bitcoin company' in my opinion. More so, their business is ignoring the other innovation that would help bitcoin thrive. This is kind of a red flag for me.\ Why would a company sitting on +500 k bitcoin be hesitant about supporting the bitcoin eco-system more actively? They sure have the funds to do so, right? And they also have the right insights, info and spirit.\ Yet, they don’t.\ \ They don’t fund developers for open-source projects, or Bitcoin’s growth in general (not publicly at least). So Saylor shines in talks, hyping Bitcoin’s future and Strategy’s stock, but it’s all the self fulfilling prophecy.\ \ No grants, no real support for the community they lean on.\ It’s like they’re dancing to Bitcoin’s mixtape, raking in the spotlight, while giving little back. All the while some extremely needed projects lack funding, and most software companies in bitcoin who wish to innovate are begging and scraping funds together, in order to stay afloat.\ Something’s not ok with that.\ I can’t understand a company with that much power and money being part of this movement and loving bitcoin, while not actively supporting the development or the maintainers of the bitcoin software. (and yes, to keep their independence it’s best to keep it that way, that’s also an argument, but even then, giving out a grant to anyone that’s crucial in this industry, might help the whole ecosystem).

The show must go on—for now

The whole Strategy setup feels more and more like a performance to me. Saylor’s the star, doing the moves and Wall Street’s the record label, and we’re the audience, captivated by the spectacle and paying to see the show on occasion.\ \ The suits keep funding him (free money, IOUs), just like the music industry props up a fading diva with a limited repertoire or drags a new star from her home studio on YouTube into the spotlights. H\ Saylor’s 21/21 Plan to the amount of $42 billion to snatch up more Bitcoin can be a grand finale that’s dazzling while the lights stay on.

Prediction: the music stops eventually

Here’s my take: Bitcoin will keep rising over a long period of time, and Saylor’s gambit will look like a genius move, until it doesn’t. All it takes is one big shot in Wall Street to find another shiny toy to play with, or another play to get their money working. The billions they’ve invested, will come back eventually, and if it doesn’t, it will mean the world has changed in their advantage as well in another way. Some people cannot lose, no matter what. Saylor’s now part of that, doing their bidding and doing his part for educating the other businesses.\ \ He’s the only big buyer of last resort in this game so far. No one else is piling in with billions like he is. When the hype cools or the debt catches up, he’s got no real business to fall back on. The software? A relic. The Bitcoin bet can save him if the time is right, we’ll see about that.\ Time is his enemy not ally, and it always wins in the end. The pose can only hold so long. You can’t keep scoring free fiat, without either die on low valuation and dilution, or without at least 20 other Strategy-grade businesses jumping in to take their piece of the pie.\ So far, surprisingly, none of these two things happen.\ He keeps getting free fiat from Wall Street investors, and no other Saylor stands up.\ This can’t last forever. One of the two will happen by end of 2025.\ \ Curtain call

Saylor’s a fascinating watch, a mix of investor-backed bravado, brains, and borrowed billions.\ Is it a masterstroke or a bitcoin version of Worldcom?\ I’m not sure. In any case, I would only invest in MSTR myself if the company has a real added value for bitcoin development and the bitcoin ecosystem. They could be the engine, the spirit, the core of bitcoin.\ Yet they’re just doing the poses.\ Let your body move to the rhythm.

AVB

If you like : tip here / other writings

1 https://en.wikipedia.org/wiki/IOU

2 https://sc.edu/about/offices_and_divisions/audit_and_advisory_services/about/news/2021/worldcom_scandal.php

3

https://content.next.westlaw.com/Document/Ic6b4dd91644311dbbe1cf2d29fe2afe6/View/FullText.html?transitionType=Default&contextData=(sc.Default)#:\~:text=Rep.-,6,Criminal%20Charges

@ f1989a96:bcaaf2c1

Good morning, readers!

Turkey’s currency plunged to a record low after the arrest of Istanbul Mayor Ekrem Imamoglu, one of President Recep Tayyip Erdogan’s main political rivals. This follows a pattern of escalating repression of opposition figures, which have been described as an effort to suppress competition ahead of primary elections. As economic conditions deteriorate, Erdogan is resorting to desperate measures — blocking social media, arresting dissenters, and tear-gassing protests — to maintain power over an increasingly restless populace.

In the Caribbean, we shed light on Cubans' struggles accessing remittances sent from family members abroad. This is a symptom of the regime's strict monetary controls over foreign currency. Cubans face long delays or can’t withdraw cash due to bank liquidity shortages. And when they can, remittances are converted into pesos at the overvalued official Cuban exchange rate. This effectively allows the Communist Party of Cuba (PCC) to loot the value from Cuban remittances.

In freedom tech news, we highlight Demand Pool, the first-ever Stratum V2 mining pool. Stratum V2 is a mining protocol designed to decentralize Bitcoin mining by letting individual miners create their own block templates rather than relying on centralized pools to do so for them. This improves censorship resistance and promotes a more decentralized and resilient Bitcoin network — critical features for human rights defenders and nonprofits using Bitcoin to protect against financial repression from authoritarian regimes.

We end by featuring Vijay Selvam's new book, “Principles of Bitcoin.” It offers a clear, first-principles guide to understanding how Bitcoin’s technology interacts with economics, politics, philosophy, and human rights. Whether you’re new to Bitcoin or looking to deepen your understanding, this book provides a solid foundation, and it even features a foreword by HRF Chief Strategy Officer Alex Gladstein.

Now, let’s dive right in!

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GLOBAL NEWS

Turkey | Lira in Free Fall as Erdogan Arrests Political Rival

Turkey’s lira plunged to a record low after officials arrested Istanbul Mayor Ekrem Imamoglu, President Recep Tayyip Erdogan’s main political rival. Imamoglu’s arrest comes ahead of primary elections and follows the increasing repression of opposition figures in recent months, including the suspension of political opposition accounts on X. Officials also arrested Buğra Gökçe, head of the Istanbul Planning Agency, for publishing data exposing the country’s deepening poverty. The currency’s fallout and political repression have sparked protests in Istanbul despite a four-day ban. The regime is responding with tear gas and rubber bullets. Meanwhile, Turks dissenting online risk joining over a dozen other citizens recently arrested for “provocative” social media posts. Netblocks reports that the Turkish regime imposed restrictions on social media and messaging to quell the uprising of Turks struggling with financial conditions and deepening repression. 

Cuba | Banks “Hijack” Citizen Remittances

Cubans are struggling to access remittances sent from their families abroad. This is because the regime completely controls all incoming foreign currency transfers. When remittances arrive, communist banking authorities force their conversion into collapsing Cuban pesos or “Moneda Libremente Convertible” (MLC), Cuba’s digital currency with limited use. On top of this, Cubans receive pesos in their accounts based on the official Cuban exchange rate, which is far below the informal market rate. This allows the regime to opaquely siphon off much of the remittances’ real value. Even when the money clears, Cubans face long delays or can’t withdraw the cash due to banks’ liquidity shortages. Many Cubans are accusing these banks of “hijacking” their remittances. As inflation, electrical blackouts, and food shortages continue, remittances are more critical than ever for Cuban families. Yet, they’re blocked at every turn by a system designed to impoverish them.

Pakistan | Announces Plans to Regulate Digital Assets

Pakistan announced plans to create a regulatory framework for Bitcoin and digital assets to attract foreign investment and domestic economic activity. It’s a peculiar shift for a regime that regularly suspends the Internet, censors social media, represses opposition, and burdens its people with the highest cost of living in Asia. We suspect the plans indicate efforts to control the industry rather than empower individuals. The military-backed regime is also exploring a Central Bank Digital Currency (CBDC) and tightening controls on VPN use, which are hardly the hallmarks of leadership committed to permissionless financial systems. But perhaps it matters little. Grassroots Bitcoin adoption in Pakistan already ranks among the highest in the world, with an estimated 15 to 20 million users turning to digital assets to preserve their savings, circumvent financial controls, and escape the failures of a collapsing fiat system. HRF supported Bitcoin Pakistan with a grant to help translate resources into Urdu, a language spoken by 60 million people trapped in this repressive scenario.

Russia | Piloting CBDC in Tatarstan to Test Smart Contract Functionality

Russia’s central bank plans to pilot its CBDC, the digital ruble, in Tatarstan to test smart contract functionality. Specifically, the central bank will experiment with conditional spending, using smart contracts to restrict where and what users can spend money on. If these features are implemented, it will empower the Kremlin with micro-controls over Russians’ spending activity. Officials could program funds to expire, restrict purchases to regime-approved goods, or block transactions at certain locations — leaving users with no financial autonomy or privacy. Those who oppose the Russian dictatorship, such as activists, nonprofits, and dissenters, could be debanked with more ease, their assets frozen or confiscated without recourse.

Nicaragua | Government Mandates Public Employees Declare All Assets

In Nicaragua, dictator Daniel Ortega intensified state financial surveillance by mandating all public servants to disclose information on all personal and family assets. The mandate requires all public employees to declare everything from personal bank accounts, loans, vehicles, and other assets — as well as the assets and accounts of immediate family members. Those who do not comply face the threat of termination. Ironically, despite the law requiring such disclosure, Ortega himself has not declared his assets since 2006. Under the guise of regulatory compliance, this policy is yet another link in the chain tightening state surveillance over Nicaraguan society. Bitcoin adoption continues to grow in this repressed Central American nation.

BITCOIN AND FREEDOM TECH NEWS

Demand Pool | First Stratum V2 Mining Pool Launches

Bitcoin mining could become more decentralized and censorship-resistant with the launch of Demand Pool, the first mining pool to ever implement Stratum V2. Stratum V2 is open-source software that allows miners to build their own block templates, enabling more individual mining and less dependence on large and centralized mining pools. This helps maintain Bitcoin’s key features: its decentralized, permissionless, and uncensorable nature. All of which are crucial for human rights defenders and nonprofits bypassing the financial repression and surveillance of authoritarian regimes. Learn more here.

Bitcoin Mining | Three Solo Blocks Found

Three separate solo miners mined Bitcoin blocks in the past seven days. This marks the second, third, and fourth solo blocks mined in the past two weeks alone, hinting at a surge in home mining. This promotes greater decentralization within the Bitcoin network because solo miners have little functional ability to censor. In contrast, large mining pools are points of failure that centralized interests can more easily pressure — to the detriment of activists and human rights defenders. The first block was mined on March 21 by a miner using a self-hosted FutureBit Apollo machine that earned 3.125 BTC plus fees for processing block 888,737. Just days later, a solo miner with under 1 TH/s of self-hosted hash rate found block 888,989, which became just the third block ever to be mined using an open-source Bitaxe device. Most recently, on March 24, a solo miner using a $300 setup successfully mined block 889,240.

Krux | Adds Taproot and Miniscript Support

Krux, open-source software for building your own Bitcoin signing devices (hardware for Bitcoin self-custody), released an update that enhances privacy and flexibility. The update introduces support for Taproot, a past Bitcoin upgrade that improves privacy and security, and Miniscript, a simplified way to create more complex Bitcoin transaction rules. This allows users to manage multi-signature wallets (where more than one private key is required to interact with your Bitcoin) in a more private and flexible way. It also enables spending conditions that are harder to censor and easier to verify. Krux continues to support the struggle for financial freedom and human rights by breaking down barriers to Bitcoin self-custody. HRF has recognized this impact and awarded grants to open-source developers working on Krux to advance this mission.

Cashu | Developing Tap-to-Pay Ecash

Calle, the creator of Cashu, an open-source Chaumian ecash protocol for Bitcoin integrated with the Lightning Network, is developing a new tap-to-pay feature that enables instant, offline ecash payments via NFC. Ecash functions as a bearer asset, meaning the funds are stored directly on the user’s device. With tap-to-pay, it can be transferred with a single tap (similar to tapping your credit card). More generally, ecash offers fast, private transactions resistant to surveillance and censorship. But for activists and dissenters, this particular advancement makes private and permissionless payments more accessible and user-friendly. This development will be worth following closely. Watch a demo here.

OpenSats | Announces 10th Wave of Bitcoin Grants

OpenSats, a public nonprofit that supports open-source software and projects, announced its 10th wave of grants supporting Bitcoin initiatives. This round includes funding for Stable Channels, which enable stabilized Bitcoin-backed balances on the Lightning Network (allowing users to peg Bitcoin to fiat currencies in a self-custodial way) that provide stable, censorship-resistant payments. OpenSats also renewed its support for Floresta, a lightweight Bitcoin node (a computer that runs the Bitcoin software). It lowers entry barriers to running Bitcoin, helping make the network more decentralized and censorship-resistant.

Bitcoin Policy Institute | Launches Bitcoin Summer Research Program

The Bitcoin Student Network (BSN) and the Bitcoin Policy Institute (BPI) are teaming up to offer students an eight-week research internship this summer. The program is part of BPI’s Research Experiences for Undergraduates (REU) initiative and invites students passionate about the future of money, financial inclusion, and Bitcoin’s civil liberties impacts to conduct hands-on research. Participants will also receive mentorship from BPI researchers. The program runs from June 9 to Aug. 8, 2025, and includes an in-person colloquium in Washington, DC. It is an incredible opportunity for students worldwide, especially those living in oppressive regimes, to get involved with Bitcoin. Applications are open until April 7. Apply here.

RECOMMENDED CONTENT

Principles of Bitcoin by Vijay Selvam

“Principles of Bitcoin” by Vijay Selvam is a new book offering a first-principles guide to understanding Bitcoin’s technology, economics, politics, and philosophy. With a foreword by HRF Chief Strategy Officer Alex Gladstein, the book cuts through the noise to explain why Bitcoin stands alone as a tool for individual empowerment and financial freedom. Selvam’s work makes the case for Bitcoin as a once-in-history invention shaping a more decentralized and equitable future. Read it here.

Rule Breakers — The True Story of Roya Mahboob

“Rule Breakers” is a new film that tells the true story of Roya Mahboob, Afghanistan’s first female tech CEO, who empowered young girls in Afghanistan with financial literacy, robotics, and financial freedom through Bitcoin. The film recounts Mahboob’s courageous work educating these girls despite huge personal risks under a regime that bans their education. It follows the story of Afghan Dreamers, the country’s first all-girls robotics team, and the obstacles they overcome to compete on the world stage. “Rule Breakers” is a testament to the power of education, innovation, and resilience in the face of oppression. It’s now in theaters, and you can watch the trailer here.

If this article was forwarded to you and you enjoyed reading it, please consider subscribing to the Financial Freedom Report here.

Support the newsletter by donating bitcoin to HRF’s Financial Freedom program via BTCPay.\ Want to contribute to the newsletter? Submit tips, stories, news, and ideas by emailing us at ffreport @ hrf.org

The Bitcoin Development Fund (BDF) is accepting grant proposals on an ongoing basis. The Bitcoin Development Fund is looking to support Bitcoin developers, community builders, and educators. Submit proposals here.

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@ 3bf0c63f:aefa459d

On the state of programs and browsers

Basically, there are basically (not exhaustively) 2 kinds of programs one can run in a computer nowadays:

1.1. A program that is installed, permanent, has direct access to the Operating System, can draw whatever it wants, modify files, interact with other programs and so on; 1.2. A program that is transient, fetched from someone else's server at run time, interpreted, rendered and executed by another program that bridges the access of that transient program to the OS and other things.

Meanwhile, web browsers have basically (not exhaustively) two use cases:

2.1. Display text, pictures, videos hosted on someone else's computer; 2.2. Execute incredibly complex programs that are fetched at run time, executed and so on -- you get it, it's the same 1.2.

These two use cases for browsers are at big odds with one another. While stretching itsel f to become more and more a platform for programs that can do basically anything (in the 1.1 sense) they are still restricted to being an 1.2 platform. At the same time, websites that were supposed to be on 2.1 sometimes get confused and start acting as if they were 2.2 -- and other confusing mixed up stuff.

I could go hours in philosophical inquiries on the nature of browsers, how rewriting everything in JavaScript is not healthy or where everything went wrong, but I think other people have done this already.

One thing that bothers me a lot, though, is that computers can do a lot of things, and with the internet and in the current state of the technology it's fairly easy to implement tools that would help in many aspects of human existence and provide high-quality, useful programs, with the help of a server to coordinate access, store data, authenticate users and so on many things are possible. However, due to the nature of UI in the browser, it's very hard to get any useful tool to users.

Writing a UI, even the most basic UI imaginable (some text input boxes and some buttons, or a table) can take a long time, always more than the time necessary to code the actual core features of whatever program is being developed -- and that is considering that the person capable of writing interesting programs that do the functionality in the backend are also capable of interacting with JavaScript and the giant amount of frameworks, transpilers, styling stuff, CSS, the fact that all this is built on top of HTML and so on.

This is not good.

@ 0176967e:1e6f471e

Čo vznikne keď spojíš hru SNAKE zo starej Nokie 3310 a Bitcoin? - hra Chain Duel!

Jedna z najlepších implementácií funkcionality Lightning Networku a gamingu vo svete Bitcoinu.

Vyskúšať si ju môžete s kamošmi na tomto odkaze. Na stránke nájdeš aj základné pravidlá hry avšak odporúčame pravidlá pochopiť aj priamo hraním

Chain Duel si získava hromady fanúšikov po bitcoinových konferenciách po celom svete a práve na Lunarpunk festival ho prinesieme tiež.

Multiplayer 1v1 hra, kde nejde o náhodu, ale skill, vás dostane. Poďte si zmerať sily s ďalšími bitcoinermi a vyhrať okrem samotných satoshi rôzne iné ceny.

Príďte sa zúčastniť prvého oficiálneho Chain Duel turnaja na Slovensku!

Pre účasť na turnaji je potrebná registrácia dopredu.

@ 9dd283b1:cf9b6beb

Can someone please explain to me how this new STRF thing works? Cause I'm getting FTX / BlockFI vibes here. 18% Yield, no risk investment, bond killer, etc... Look at this post for example - https://x.com/AdamBLiv/status/1905106498398621846

originally posted at https://stacker.news/items/926635

@ 3bf0c63f:aefa459d

A big Ethereum problem that is fixed by Drivechain

While reading the following paragraphs, assume Drivechain itself will be a "smart contract platform", like Ethereum. And that it won't be used to launch an Ethereum blockchain copy, but instead each different Ethereum contract could be turned into a different sidechain under BIP300 rules.

A big Ethereum problem

Anyone can publish any "contract" to Ethereum. Often people will come up with somewhat interesting ideas and publish them. Since they want money they will add an unnecessary token and use that to bring revenue to themselves, gamify the usage of their contract somehow, and keep some control over the supposedly open protocol they've created by keeping a majority of the tokens. They will use the profits on marketing and branding, have a visual identity, a central website and a forum with support personnel and so on: their somewhat interesting idea have become a full-fledged company.

If they have success then another company will appear in the space and copy the idea, launch it using exactly the same strategy with a tweak, then try to capture the customers of the first company and new people. And then another, and another, and another. Very often these contracts require some network effect to work, i.e., they require people to be using it so others will use it. The fact that the market is now split into multiple companies offering roughly the same product hurts that, such that none of these protocols get ever enough usage to become really useful in the way they were first conceived. At this point it doesn't matter though, they get some usage, and they use that in their marketing material. It becomes a race to pump the value of the tokens and the current usage is just another point used for that purpose. The company will even start giving out money to attract new users and other weird moves that have no relationship with the initial somewhat intereting idea.

Once in a lifetime it happens that the first implementer of these things is not a company seeking profits, but some altruistic developer or company that believes in Ethereum and wants to see it grow -- or more likely someone financed by the Ethereum Foundation, which allegedly doesn't like these token schemes and would prefer everybody to use the token they issued first, the ETH --, but that's a fruitless enterprise because someone else will copy that idea anyway and turn it into a company as described above.

How Drivechain fixes it

In the Drivechain world, if someone had an idea, they would -- as it happens all the time with Bitcoin things -- publish it in a public forum. Other members of the community would evaluate that idea, add or remove things, all interested parties would contribute to make it the best possible incarnation of that idea. Once the design was settled, someone would volunteer to start writing the code to turn that idea into a sidechain. Maybe some company would fund those efforts and then more people would join. It's not a perfect process and one that often involves altruism, but Bitcoin inspires people to do these things.

Slowly, the thing would get built, tested, activated as a sidechain on testnet, tested more, and at this point luckily the entire community of interested Bitcoin users and miners would have grown to like that idea and see its benefits. It could then be proposed to be activated according to BIP300 rules.

Once it was activated, the entire pool of interested users would join it. And it would be impossible for someone else to create a copy of that because everybody would instantly notice it was a copy. There would be no token, no one profiting directly from the operations of that "smart contract". And everybody would be incentivized to join and tell others to join that same sidechain since the network effect was already the biggest there, they will know more network effect would only be good for everybody involved, and there would be no competing marketing and free token giveaways from competing entities.

See also

• Upgrading 'Smart Contracts' to 'Wise Contracts', by Paul Sztorc
• Drivechain
• Drivechain comparison with Ethereum
• Alternatives to Drivechain

@ 0176967e:1e6f471e

Co se nomádská rodina již 3 roky utíkající před kontrolou naučila o kontrole samotné? Co je to vlastně svoboda? Může koexistovat se strachem? S konfliktem? Zkusme na chvíli zapomenout na daně, policii a stát a pohlédnout na svobodu i mimo hranice společenských ideologií. Zkusme namísto hledání dalších odpovědí zjistit, zda se ještě někde neukrývají nové otázky. Možná to bude trochu ezo.

Karel provozuje již přes 3 roky se svou ženou, dvěmi dětmi a jedním psem minimalistický život v obytné dodávce. Na cestách spolu začali tvořit youtubový kanál "Karel od Martiny" o svobodě, nomádství, anarchii, rodičovství, drogách a dalších normálních věcech.

Nájdete ho aj na nostr.

@ 3bf0c63f:aefa459d

Reasons why Lightning is not that great

Some Bitcoiners, me included, were fooled by hyperbolic discourse that presented Lightning as some magical scaling solution with no flaws. This is an attempt to list some of the actual flaws uncovered after 5 years of experience. The point of this article is not to say Lightning is a complete worthless piece of crap, but only to highlight the fact that Bitcoin needs to put more focus on developing and thinking about other scaling solutions (such as Drivechain, less crappy and more decentralized trusted channels networks and statechains).

Unbearable experience

Maintaining a node is cumbersome, you have to deal with closed channels, allocating funds, paying fees unpredictably, choosing new channels to open, storing channel state backups -- or you'll have to delegate all these decisions to some weird AI or third-party services, it's not feasible for normal people.

Channels fail for no good reason all the time

Every time nodes disagree on anything they close channels, there have been dozens, maybe hundreds, of bugs that lead to channels being closed in the past, and implementors have been fixing these bugs, but since these node implementations continue to be worked on and new features continue to be added we can be quite sure that new bugs continue to be introduced.

Trimmed (fake) HTLCs are not sound protocol design

What would you tell me if I presented a protocol that allowed for transfers of users' funds across a network of channels and that these channels would pledge to send the money to miners while the payment was in flight, and that these payments could never be recovered if a node in the middle of the hop had a bug or decided to stop responding? Or that the receiver could receive your payment, but still claim he didn't, and you couldn't prove that at all?

These are the properties of "trimmed HTLCs", HTLCs that are uneconomical to have their own UTXO in the channel presigned transaction bundles, therefore are just assumed to be there while they are not (and their amounts are instead added to the fees of the presigned transaction).

Trimmed HTLCs, like any other HTLC, have timelocks, preimages and hashes associated with them -- which are properties relevant to the redemption of actual HTLCs onchain --, but unlike actual HTLCs these things have no actual onchain meaning since there is no onchain UTXO associated with them. This is a game of make-believe that only "works" because (1) payment proofs aren't worth anything anyway, so it makes no sense to steal these; (2) channels are too expensive to setup; (3) all Lightning Network users are honest; (4) there are so many bugs and confusion in a Lightning Network node's life that events related to trimmed HTLCs do not get noticed by users.

Also, so far these trimmed HTLCs have only been used for very small payments (although very small payments probably account for 99% of the total payments), so it is supposedly "fine" to have them. But, as fees rise, more and more HTLCs tend to become fake, which may make people question the sanity of the design.

Tadge Dryja, one of the creators of the Lightning Network proposal, has been critical of the fact that these things were allowed to creep into the BOLT protocol.

Routing

Routing is already very bad today even though most nodes have a basically 100% view of the public network, the reasons being that some nodes are offline, others are on Tor and unreachable or too slow, channels have the balance shifted in the wrong direction, so payments fail a lot -- which leads to the (bad) solution invented by professional node runners and large businesses of probing the network constantly in order to discard bad paths, this creates unnecessary load and increases the risk of channels being dropped for no good reason.

As the network grows -- if it indeed grow and not centralize in a few hubs -- routing tends to become harder and harder.

While each implementation team makes their own decisions with regard to how to best way to route payments and these decisions may change at anytime, it's worth noting, for example, that CLN will use MPP to split up any payment in any number of chunks of 10k satoshis, supposedly to improve routing success rates. While this often backfires and causes payments to fail when they should have succeeded, it also contributes to making it so there are proportionally more fake HTLCs than there should be, as long as the threshold for fake HTLCs is above 10k.

Payment proofs are somewhat useless

Even though payment proofs were seen by many (including me) as one of the great things about Lightning, the sad fact is that they do not work as proofs if people are not aware of the fact that they are proofs. Wallets do all they can to hide these details from users because it is considered "bad UX" and low-level implementors do not care very much to talk about them at all. There have been attempts from Lightning Labs to get rid of the payment proofs entirely (which at the time to me sounded like a terrible idea, but now I realize they were not wrong).

Here's a piece of anecdote: I've personally witnessed multiple episodes in which Phoenix wallet released the preimage without having actually received the payment (they did receive a minor part of the payment, but the payment was split in many parts). That caused my service, @lntxbot, to mark the outgoing payment as complete, only then to have to endure complaints from the users because the receiver side, Phoenix, had not received the full amount. In these cases, if the protocol and the idea of preimages as payment proofs be respected, should I have been the one in charge of manually fixing user balances?

Another important detail: when an HTLC is sent and then something goes wrong with the payment the channel has to be closed in order to redeem that payment. When the redeemer is on the receiver side, the very act of redeeming should cause the preimage to be revealed and a proof of payment to be made available for the sender, who can then send that back to the previous hop and the payment is proven without any doubt. But when this happens for fake HTLCs (which is the vast majority of payments, as noted above) there is no place in the world for a preimage and therefore there are no proofs available. A channel is just closed, the payer loses money but can't prove a payment. It also can't send that proof back to the previous hop so he is forced to say the payment failed -- even if it wasn't him the one who declared that hop a failure and closed the channel, which should be a prerequisite. I wonder if this isn't the source of multiple bugs in implementations that cause channels to be closed unnecessarily. The point is: preimages and payment proofs are mostly a fiction.

Another important fact is that the proofs do not really prove anything if the keypair that signs the invoice can't be provably attached to a real world entity.

LSP-centric design

The first Lightning wallets to show up in the market, LND as a desktop daemon (then later with some GUIs on top of it like Zap and Joule) and Anton's BLW and Eclair wallets for mobile devices, then later LND-based mobile wallets like Blixt and RawTX, were all standalone wallets that were self-sufficient and meant to be run directly by consumers. Eventually, though, came Breez and Phoenix and introduced the "LSP" model, in which a server would be trusted in various forms -- not directly with users' funds, but with their privacy, fees and other details -- but most importantly that LSP would be the primary source of channels for all users of that given wallet software. This was all fine, but as time passed new features were designed and implemented that assumed users would be running software connected to LSPs. The very idea of a user having a standalone mobile wallet was put out of question. The entire argument for implementation of the bolt12 standard, for example, hinged on the assumption that mobile wallets would have LSPs capable of connecting to Google messaging services and being able to "wake up" mobile wallets in order for them to receive payments. Other ideas, like a complicated standard for allowing mobile wallets to receive payments without having to be online all the time, just assume LSPs always exist; and changes to the expected BOLT spec behavior with regards to, for example, probing of mobile wallets.

Ark is another example of a kind of LSP that got so enshrined that it become a new protocol that depends on it entirely.

Protocol complexity

Even though the general idea of how Lightning is supposed to work can be understood by many people (as long as these people know how Bitcoin works) the Lightning protocol is not really easy: it will take a long time of big dedication for anyone to understand the details about the BOLTs -- this is a bad thing if we want a world of users that have at least an idea of what they are doing. Moreover, with each new cool idea someone has that gets adopted by the protocol leaders, it increases in complexity and some of the implementors are kicked out of the circle, therefore making it easier for the remaining ones to proceed with more and more complexity. It's the same process by which Chrome won the browser wars, kicked out all competitors and proceeded to make a supposedly open protocol, but one that no one can implement as it gets new and more complex features every day, all envisioned by the Chrome team.

Liquidity issues?

I don't believe these are a real problem if all the other things worked, but still the old criticism that Lightning requires parking liquidity and that has a cost is not a complete non-issue, specially given the LSP-centric model.

@ 57d1a264:69f1fee1

• Once activated, "Accept From Any Mint” is the default setting. This is the easiest way to get started, let's the user start acceptance Cashu ecash just out of the box.
• If someone does want to be selective, they can choose “Accept From Trusted Mints,” and that brings up a field where they can add specific mint URLs they trust.
• “Find a Mint” section on the right with a button links directly to bitcoinmints.com, already filtered for Cashu mints, so users can easily browse options.
• Mint info modal shows mint technical details stuff from the NUT06 spec. Since this is geared towards the more technical users I left the field names and NUT number as-is instead of trying to make it more semantic.

originally posted at https://stacker.news/items/928800