Adebayo

After everything I've learnt outside the Bitcoin ecosystem, I've come to believe that the idea of the singularity of money makes the most sense. Tokens are nothing but a distraction and, in my opinion, a waste of time.

Please, let's make some noise about this! Nostr is a safe haven.

#Nostr #Amethyst #Nostrich #NostrVault #Coracle

I am still wrapping my head around how Feather was built by using voice prompts to guide AI. I know there's an option to use voice prompts, but I never imagined it could go as far as building an entire application. That's pretty cool!

#Nostr #Feather #AI

This sounds interesting.

Someone said Nostr is thriving, but I'd say Nostr is the safe haven everyone needs. 💜

#Nostr #Nostrich #Amethyst #NostrVault #Coracle

#AskNostr

Does anyone know why I can't send sats from my Nostrich Lightning wallet?

Don't be afraid of making mistakes. In fact, mistakes are part of the learning process. They provide valuable experiences that help mould us into better versions of ourselves.

#Nostr #Amethyst #Nostrich #Coracle #NostrVault https://cdn.nostrcheck.me/4c6e41d3546cc547e32e689286d9e50b09a6fccfdcb95d239481c7a04587f5e9.jpeg

GM, Nostr friends! Have a blissful and peaceful ✌️ day. Pura Vida!

#GM #Nostr #Nostrich #Amethyst #NostrVault #Coracle https://cdn.nostrcheck.me/9353d3f1accc9167ca0b2b625423bfa703e25388a2854b4fed09236adc5e14ac.jpeg

Honestly, I'm more inclined towards privacy myself.

I really don't understand why some clients don't support remote signers like Amber. Nobody wants to paste their nsec key into random applications. It's a no-brainer!

#Nostr #Nostrich #Amber

Trying out Coracle to see if it earns a spot on my list of favourite Nostr clients.

#Nostr #Nostrich #Amethyst #Coracle #NostrVault

GM, Nostr friends!

What's stopping you from becoming a Moneroj? It's all about privacy.

#Nostr #Amethyst #Nostrich #NostrVault #Coracle #Monero #Privacy #GM https://cdn.nostrcheck.me/2c6f819d81a09d6737beac3737c3f4ed927d8b8542de92d6934237eb69b2d28c.jpeg

Did I just see Monero when I clicked on the zap icon? This is awesome! Does this mean we can now tip Monero on Amethyst? That's really cool!

I'm setting up my wallet right away. But how exactly does it work?

#Amethyst #Nostr #Monero #Nostrich #NostrVault

I just want to keep this same energy for the rest of the year. Are you with me?

#Nostr #Amethyst #Nostrich #NostrVault #Plebchain

GM, Nostr friends, and all Moneroj out there! Have a great and peaceful ✌️ day.

#Nostr #Nostrich #Amethyst #Moneroj #GM

I can't even remember the last time I had money saved in my bank account.

GM, Nostr friends! How can I generate an nBunker from the Amber signer?

#AskNostr #Nostrich #Amethyst #NostrVault #GM

Hahaha! 😆😆😆 That response had me rolling on the floor! https://cdn.nostrcheck.me/76a50417302d31d9846aa36d500913241a6d071d2f6d732e25b223915ac94096.jpeg

Yet, some people claim otherwise, saying that AI slop is everywhere.

Is there a way to use Nostr clients on my Linux system? I'm currently running Linux Mint.

#AskNostr #Nostr #Amethyst #Nostrich #NostrVault

GM, Nostr friends! Wishing you all a blissful and peaceful day. ✌️

#meme #Nostr #Nostrich #Amethyst #GM

Monero and Fungibility: Why Every Coin Should be Equal

Introduction: What is fungibility? Fungibility is one of the most essential characteristics that shows whether something can function effectively as a medium of exchange.

But what does fungibility actually means? Fungibility is the feature that makes one unit of an asset interchangeable with another unit of the same value, without either unit being treated differently because of its history or origin.

For instance, one ₦1,000 note should have the same purchasing power as another ₦1,000 note. It should not matter which bank issued it, who previously owned it, or what legitimate transaction was used to obtain it.

The same principle applies to Bitcoin in theory: one BTC should be equivalent to another BTC.

However, there is an imperative difference between theoretical fungibility and practical fungibility.

This is where Monero enters the discussion.

Monero was designed with financial privacy as a basic property of its protocol. One of the results of this design is improved fungibility: individual coins are not publicly distinguishable by their transaction histories. For us to understand this, we need to investigate how transparent blockchains work and how Monero approaches the problem differently.

The fungibility problem in transparent blockchains Most conventional public blockchains operate with transparent transaction records. This means anyone can inspect the blockchain and trace transactions between publicly visible addresses. Although an address might not immediately divulge someone's real-world identity, patterns of transaction can sometimes be connected to individuals or organisations. This transparency has merits, particularly for independent verification and public auditing. However, it also introduces a serious problem.

These problems are :

1. Treating some coins more desirable than others.
2. Flagging or restricting certain deposits by Exchanges.
3. Facing additional scrutiny because of previous transactions.
4. Acquiring different hierarchy of perceived acceptability.
5. Financial history becomes a factor in determining whether an otherwise similar unit of money is accepted.

These problems create a huge challenge for fungibility.

If two units of the same currency have equal nominal value but are considered differently because of their transaction histories, their practical interchangeability is weakened.

Money should be examined by its value, not by an exposed history that follows it everywhere.

Monero approaches to fungibility

This is very simple because Monero approaches fungibility by making transaction privacy a compulsory feature rather than an optional setting. Unlike transparent blockchains, Monero does not publicly expose the Sender, Recipient, and transactional amount. This is achieved through three major cryptographic technologies: Ring signatures, Stealth Addresses, and Ring Confidential Transactions(RCT). These technologies make it intricate for individual transaction histories to be observed and reconstructed. These technologies also contribute immensely to Monero's fungibility. These technologies also reduce the ability to link different transactions to the same recipient.

All these are possible because Monero takes a different approach by making privacy the default for everyone. Thereby creating a common privacy baseline across the network and improves the conditions essential for fungibility.

#Nostr #Amethyst #Nostrich #Monero #NostrVault

Happiness is a state of mind.

#Nostr #Amethyst #Nostrich #Plebchain

If Bitcoin is about freedom, should financial privacy be considered a fundamental Bitcoin feature?

#asknostr #Nostrich #Amethyst #Nostr #Plebchain

I have some thought-provoking polls about Bitcoin that I'll be dropping 🫳 shortly. I'm curious to understand how Bitcoiners think.

#Bitcoin #Lightning #Zap #Nostr #Amethyst #Nostrich #NostrVault

I've had my fingers burnt in so many ways dealing with these shitcoins and their so-called token projects. If I manage to recover my losses from some of these projects, I'm finally moving to Bitcoin.

I now understand why Bitcoiners don't pay much attention to other coins. #Bitcoin is all about freedom.

#Nostr #Amethyst #Nostrich #NostrVault #Plebchain #zap

#Meme #Nostr #Plebchain #Amethyst #Nostrich #NostrVault

GM, Nostr friends! What's the best caption for this illustration?

#Nostr #Amethyst #Nostrich #NostrVault #GM https://cdn.nostrcheck.me/48827c2367609ce47bcdd2126ac6e5d5d2eca96a92a46e27133fbc0cb22ecc53.jpeg

Results so far: notes and reposts. I'm not surprised about articles, though, because the article feature isn't common in many Nostr clients, apart from Amethyst.