"Over these next few years #Bitcoin will not need any more evangelism. The real task of being a node in the social network of #bitcoin users lay in envisioning what the world is going to look like"
nostr:naddr1qq2nzvzj94x56emnvfg8v3j4wf2kzcjtvfvz6q3q76zu0wg5l8436nu66qaxwfekx0zz58l66s72dhcu0ur0lvd7q5lqxpqqqp65wx7ejhe
You think that is cool? All i am thinking is this poor bit that needlessly gets shuffled all over the place among billions of transistors in an exercise of endless useless actions born out of all the abstraction layers and shitty implementation. Yet no1 notices because its happens with billions of actions per second.
That line is a psychological line. http is a decentralized protocol, tho some will argue that it is not. But if it is the parent protocol of nostr, so anything nostr can do, http can do, and more. So if you think nostr is decentralized then http must be decentralized.
It might be useful to use the term "sufficiently decentralized". The term has become a slogan and a cliche in modern s/w engineering, in any case.
You could look at it another way. If the main bluesky node went down it could be critical. If damus went down it would be a pretty bad situation in nostr. If one particular website goes down it doesnt matter too much. If any bitcoin node or miner goes down, it will barely be noticed. If one pubky or bittorrent node goes down, the system is resilient.
😀
Only fourteen companies in the S&P 500 hold more financial #assets than #MicroStrategy and MicroStrategy’s balance sheet is the only one that won’t depreciate in #value over time.
#Nostr #Bitcoin
{"content":"still mind blowing to me that my lightning node sends me cryptographically verifiable receipts of cytographically verifiable transfers on a decentralized L2 network of computers that are on top of a cryptographically verifiable ledger built on exahashes of proof of work.\n\nwtf is even happening","id":"e4256c976592daa5c723b449c47984347f3e8eeb77be7b6a96e7e10699555a0f","created_at":1731805364,"tags":[],"pubkey":"32e1827635450ebb3c5a7d12c1f8e7b2b514439ac10a67eef3d9fd9c5c68e245","sig":"c3e79301a3fcf51f026b373244c337cd9eb91322b9e69a9f450791e485b5cbbe36bcabd3775913a8f55f4d80833f56f71807b4ae58debd01f0a7a620034778d0","kind":1}
What is the line for “real” vs “not real” decentralization?
I always understood it as a system has to be decentralized “enough” to overcome censorship, system failures, etc. That’s mostly impossible to quantify until the system is put under pressure in a real world scenario… but it is possible to identify systems which by design are not decentralized.