Thread - Nostr Hypermedia

i've spent the last year designing a distributed L2 with claude. there's no mining, just staked cryptographic ledgers enforced by your peer nodes. simple wallets are 12 words, multisig also supported, you can be offline as long as you want, still receive payments, and if your node goes offline or rogue, another node will have your funds when you come back it's untested, but the theory appears sound. if it does work, it requires less trust and scales better than ark / spark / liquid. it requires transparency so there's no privacy, but you can open a lot of deposits and easily move funds in and out of ecash. all communication is over nostr relays, so only the relay knows your ip address current state: 100% me running everything. hoping to shake out the remaining bugs and fan things out soon / now

bitcoin deposits

Bitcoin Deposits: A Layer 2 Scaling Protocol

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Replies (2)

τέχνη 3 months ago

You should add a README to that repo and explain the high level architecture. I’m reading each DEP document in order and it’s really hard to understand what the overall system is.

Goose_in_Gensokyo 3 months ago

I appreciated your work and wanna to test it... link to github (in your site)appears to be 404 >.< (also, there is no link to whitepaper from main page) Also, whitepaper still not very clear: what if some Bad Guy(s) try to make unfair (outdated) transaction(s) onchain? What Good Operator(s) can do? (it's the main question, especially if some Bad Operator in the game...) Do users need to open channels before they can use your idea? (can you explain everything from baka-users point of view? (hope your whitepaper is not AI - generated?)