This is bang on. Don’t underestimate your nostr key pair. In a world without a middleman, trust will be paramount. Your reputation that’s attached to your private key will be relevant for everything we do online in the future.
Max's avatar Max
[New Essay] Nostr is Identity for the Internet https://hivemind.vc/identity/ The Internet needs user-owned identity and an associated open data layer. And I'm more convinced than ever that Nostr will win. I agree with @jack that the long tail of microapps is ultimately Nostr's killer feature. But which will take off next? In my mind, Nostr will follow a straightforward trajectory - first solving discovery/reputation problems for Bitcoiners, then for early tech adopters, and finally for the mainstream. Here are some examples where I think Nostr based discovery & reputation will shine: - Global, social payments ala @primal @OpenSecret @Alby & @npub1arcw...ggtw - Ecash mint discovery/selection ala @OpenSecret & bitcoinmints.com - Marketplaces for DLC oracles ala lava.xyz - Local Bitcoins replacements ala @Mostro - Open Source AI agent discovery ala @npub1tlv6...7fdm's openagents.com & @CASCDR - Marketplaces for APIs ala @PABLOF7z's DVMs & @npub14tku...zw96 - An open github replacement ala @DanConwayDev's gitworkshop.dev - An open PWA App Store ala @franzap's zap.store & store.app - ValueRank search & discovery ala @npub1sx9r...6g8m @dataMachine 🤖 & kagi.com - Marketplaces for files ala @Stuart Bowman & @npub1ye5p...knpr's Blossom - Review & UGC content sites ala @npub15lay...v7v3's heyapollo.com & @Alekandar Svetski's Satlantis - Value4Value content creation and delivery ala @Fountain @npub1yfg0...v6vg & @Geyser Of course the most exciting category of all is the unexpected wave of unimaginable apps that will eventually emerge. Ultimately, user owned identity and open data lead to online trust, which is a beautiful and deflationary force, capable of disrupting predatory marketplace middlemen and shifting the balance from financial to social capital. I.e. a more humane world. (h/t @Stuart Bowman) Thanks to @brugeman @miljan @npub1kuy0...kdj8 @npub1cd0l...xlvx & @npub1q5sa...ky65 for feedback on this essay.
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HoloKat's avatar
HoloKat 1 year ago
Feels like we are putting too much emphasis on web of trust and keys. Keys are easy to leak and if you tie your entire identity and trust to an easy to leak key, well.. then how good is that?
I like Pablo's suggestion: Keys are definitely the cornerstone here, but same is true for bitcoin, and we have a massive pile of builders solving keys for bitcoin, and there are more and more robust and user-friendly solutions coming to market. Here is how bitcoin keys compare to nostr keys in my mind: - you can 'migrate' from one set of bitcoin keys to the other by transferring all funds. With the suggestion above, you can do something similar on Nostr (although it's not precisely "all value" that's being transferred). It will also take lot of work for apps to support this auto-migration, and there are technical issues with that particular suggestion, but it's a good start IMO. - you can kind of manage risks with bitcoin keys using several different wallet setups with different amounts stored. But you could do the same on nostr, having several keys with different setups dedicated to different activities. We don't have widely used tools to store many keys and switch btw accounts in signers and in the apps, nsec.app and nostr-login help here. - you have limited damage if bitcoin keys are stolen, but on nostr it feels unlimited - thieves can broadcast with your own keys forever, they can also post fake events in the past under your old name. We will probably have to opentimestamp important stuff we publish to add safeguards against back-dated fakes. Also if the above nip is implemented well, the damage here might be reduced significantly. This is just what comes to mind on the spot, let's discuss this further.