Welcome to the Bitcoin Street Journal, Bitcoin
Market Update podcast, your daily source for
live updates on the Bitcoin market. Join us as
we delve into current Bitcoin technical analysis,
track Bitcoin, BTC prices, explore market capitalization
trends, and analyze market supply. Stay ahead
of the curve with our comprehensive coverage
of the ever -evolving world of Bitcoin. In today's
episode, we'll cover Bitcoiner protests, ECB,
McDonald's acceptance of Bitcoin in Switzerland,
corporations stacking SATs, SEC's delay of ARK
Invest ETF, the launch of Custodia Bank, Max
Kaiser's ongoing hodling, incentives for green
Bitcoin mining in Texas, revocation of SBF's
bail, a Bitcoin billboard in Japan, an academic
study on Bitcoin mining's impact on renewable
energy, a UK barbershop accepting Bitcoin, Bittrex's
fine by SEC, Stark's prediction of no Bitcoin
ETF approval, People's preference for USD over
Bitcoin, Noster's struggle to onboard users,
Bitcoin's all -time high in Argentina, price
updates on Bitcoin and Shiba Inu, Kraken surpassing
Coinbase in liquidity, and Coinbase's base ranking
fourth in daily TPS. We will also discuss topics
such as the analysis of Worldcoin's data processing
and risks, a crypto exchange fined by SEC, SEC's
role in crypto vulnerabilities, Ethereum and
XRP updates, Visa's testing of Ethereum payments,
various AI -related discussions, cryptocurrency
news, and the Nostr protocol for decentralized
publishing, along with its features and implementations.
Hey there, Bitcoiners. We've got some exciting
news and updates in the world of cryptocurrency.
Let's dive right in. First up, we have a Bitcoiner
who has started a personal protest in front of
the European Central Bank, ECB. Talk about taking
a stand. It's great to see individuals advocating
for their beliefs. And speaking of using Bitcoin
in everyday life, did you know that you can now
pay at McDonald's with Bitcoin in Lugano, Switzerland?
It's amazing to see the adoption of cryptocurrencies
by big corporations. But it's not just corporations
getting involved. Investors like Paul Tudor Jones
are also recognizing the value of Bitcoin. It's
always interesting to see renowned figures embracing
the world of cryptocurrency. Now let's talk about
some regulatory news. The Securities and Exchange
Commission, SEC, has once again delayed the application
for ARK Invest's SpotBitcoin ETF. It seems like
they can't buy time forever, but we'll have to
wait and see what the future holds for this ETF.
On the other hand, we have some positive news.
After a long battle with regulators, Caitlin
Long's Custodia Bank is finally live. It's a
great step forward for the industry and shows
that perseverance pays off. Max Kaiser, one of
the early Bitcoin enthusiasts, called Bitcoin
the currency of the resistance back in 2011.
And over 12 years later, he's still holding strong.
It's inspiring to see the belief and dedication
that some individuals have for this digital currency.
In terms of environmental impact, Texas is set
to approve new incentives for cutting greenhouse
gas emissions from flared and vented gas. This
includes offering a tax exemption to energy producers
using fugitive emissions to power Bitcoin mining.
It's great to see efforts being made to reduce
the carbon footprint of Bitcoin mining. But not
all news is positive. SBF's bail has been revoked
and he is headed to jail. It's a reminder that
we should always stay informed and study the
world of Bitcoin to make sound investment decisions.
Now let's shift our focus to technology. A Bitcoin
billboard has been spotted in Tokyo, Japan. It's
always good to remember the networks that make
Bitcoin grow. This leads us to a comparison between
the Lightning Network and the Liquid Network.
Both have their unique features and play a crucial
role in the Bitcoin ecosystem. In the academic
world, a new peer -reviewed study has found that
Bitcoin's proof -of -work mining can contribute
to renewable energy penetration and the decarbonization
of the energy grid. This is an area that hasn't
been comprehensively examined, so it's great
to see research shedding light on this topic.
Turning our attention back to regulatory matters,
the SEC has delayed the decision on Cathie Wood's
spot Bitcoin ETF. The next decision date is set
for November 11th. We'll be eagerly awaiting
the outcome of this decision. Now let's talk
about adoption. A barbershop in the UK is now
accepting Bitcoin. It's small steps like these
that contribute to the mainstream acceptance
and use of cryptocurrencies. In a throwback to
the past, Andreas M Antonopoulos once talked
about software owning money. He was truly ahead
of his time, recognizing the revolutionary potential
of decentralized currencies. And here's a thought
-provoking point. People are waking up to the
fact that Bitcoin is actually good for the environment.
It's not just about profits. It's about making
a positive impact on the world. Speaking of impact,
Bitcoin miners have been selling 75 % of their
reserves in June compared to 326 % in the same
period last year. It's interesting to see different
strategies among miners and who's holding on
to their Bitcoin. Now, let's touch on a legal
matter. Bittrex lost against the SEC, agreeing
to pay a $24 million fine for offering US users
access to unregistered securities. It's a reminder
that regulations are an important factor to consider
in the cryptocurrency space. If you've ever wondered
why holding your wealth in Bitcoin is important,
just take a look at the world around us. It provides
a decentralized and secure alternative to traditional
financial systems. Unfortunately, not everyone
shares this viewpoint. According to John Reed
Stark, a former SEC's Office of Internet Enforcement
Chief, the SEC will not approve a spot Bitcoin
ETF. But let's not lose hope. History has a habit
of proving skeptics wrong. And here's an interesting
observation. People would rather have $100 USD
than one full Bitcoin. It just goes to show that
we are still in the early stages of widespread
Bitcoin adoption. Meanwhile, a decentralized
social media protocol is struggling to onboard
new users. It's a reminder that despite the growing
popularity of cryptocurrencies, there are still
challenges to overcome in various sectors. In
international news, Bitcoin is setting a new
all -time high against the Argentine peso. This
comes at a time of primary elections in Argentina,
highlighting the role of Bitcoin as a hedge against
traditional currencies. Now let's shift gears
and have a quick recap of the crypto market.
Bitcoin had a slight dip, returning to $1 .29k
after failing to break $1 .30k. On the other
hand, Shiba Inu experienced a pump of 16 % in
just seven days. The market is always full of
surprises. In the altcoin space, RollBitcoin,
RLB, has seen a massive 76 % weekly surge, securing
a place among the top 100 altcoins. It's a reminder
of the potential for growth and the ever -changing
landscape of the cryptocurrency market. Moving
on, we have Evernote's Evers AirDrop for XRP
holders. The decentralized platform plans to
distribute 5 ,160 ,960 Evers to eligible XRP
holders. providing an opportunity for those involved
in the XRP community. In July, Kraken dethroned
Coinbase as the most liquid U .S. exchange for
altcoins. This shift in market share could be
attributed to Coinbase facing some regulatory
challenges in recent months. And speaking of
Coinbase, their base platform reached the fourth
rank in daily TPS, transactions per second, among
layer two solutions. It gained an impressive
136 ,000 daily active users just two days after
its public release. It's great to see the adoption
and usage of new platforms in the crypto space.
And that's it for this edition of our cryptocurrency
news roundup. Stay tuned for more updates and
remember to always stay informed and be part
of this exciting world of cryptocurrencies. See
you next time. Let's dive into some interesting
news in the cryptocurrency world. First up, we
have the AAIP, which stands for the Argentina
Agency of Personal Information Protection. They
recently announced that they will be closely
examining how WorldCoin handles personal data
and whether there are any potential risks for
Argentines. It's great to see organizations taking
data privacy seriously and ensuring the safety
of individuals' information. In other news, A
crypto exchange that has been facing numerous
challenges recently has agreed to pay a hefty
$24 million penalty to settle with the SEC. This
exchange had actually filed for bankruptcy protection
earlier this year, so this settlement is seen
as a positive outcome for them. Co -founder William
Shahara expressed his satisfaction with this
resolution. Moving on, the SEC has delayed the
approval of ARK's revised Bitcoin ETF. They want
to hear the public's opinion on using Coinbase
as a partner for surveillance and information
sharing. This delay shows that regulatory bodies
are being cautious and seeking input from various
stakeholders before making significant decisions.
Here's an interesting move by an e -gaming company
called Boya. They have set aside $5 million to
purchase Bitcoin and Ether. The company believes
that investing in these cryptocurrencies aligns
with their interests and the interests of their
shareholders. It's clear that more and more companies
are recognizing the potential of digital assets
and incorporating them into their investment
strategies. In unfortunate news, the founder
of the popular crypto exchange FTX, Sam Bankman
Freed, has been sent to jail for witness tampering.
He could potentially spend at least two months
behind bars before his trial. It's a reminder
that engaging in illegal activities within the
crypto industry can lead to serious consequences.
Let's shift our attention to some recent market
trends. Echeb, Ape, and Pepe have all experienced
an impressive 8 % daily jump, while Bitcoin has
managed to maintain a price of around $29 ,000.
Moreover, SHIB's momentum seems to be on the
rise, and another asset from the Shiba Inu ecosystem
called BONE is also performing well. These market
movements demonstrate the dynamic nature of the
cryptocurrency space. In a recent investigation,
Nansen looked into what whales are investing
in on Coinbase's base network. It was discovered
that early adopters of this network had a significant
allocation to meme coins, which are cryptocurrencies
known for their viral and fun nature. This finding
showcases the diverse investment strategies within
the crypto community. Visa, a major financial
technology company, is piloting an innovative
approach to paying on -chain gas fees with a
Visa card. This solution aims to eliminate the
need for individuals to hold Ether solely for
the purpose of paying these fees. It's exciting
to see traditional financial institutions exploring
ways to leverage blockchain technology and improve
user experiences. Now let's talk about Ethereum.
The prices of this popular cryptocurrency have
remained relatively stagnant for the past five
months, with trading volume and volatility decreasing.
However, there are 10 bullish fundamentals that
could potentially have a positive impact on Ethereum's
price in the future. It's worth keeping an eye
on these factors to see how they ultimately influence
the market. Bakit, a company specializing in
digital asset custody solutions, has been experiencing
a surge in client interest. They recently revealed
that they've signed new custody clients and are
in late -stage negotiations with several prospective
clients across various industries. It's a clear
sign that institutional adoption of cryptocurrencies
is continuing to grow. In Russia, there seems
to be some skepticism surrounding the digital
ruble. A survey revealed that one -third of Russians
perceive the digital ruble as some sort of fraud.
Additionally, one in five participants stated
that they have no interest in Russia's upcoming
central bank digital currency, CBDC. This highlights
the challenges that CBDCs face in gaining public
trust and acceptance. let's move on to some notable
price movements in the market. Thorchain's native
token, Rune, has experienced a significant 20
% surge in just one day, while Bitcoin has remained
relatively stable around $29 ,000. Another altcoin,
Toncoin, has also seen substantial gains among
larger cap cryptocurrencies. These price movements
indicate the dynamic nature of the crypto market,
where opportunities for both short -term and
long -term gains can arise. Interesting news
comes from the former US President Donald Trump,
who reportedly holds between $250 ,000 and $500
,000 worth of Ethereum. However, despite his
personal investment, Trump remains a vocal opponent
of the crypto industry. It's intriguing to see
such high -profile individuals involved in the
crypto space despite their reservations about
its overall impact. BitMEX, a popular cryptocurrency
exchange, has released an analysis on the potential
of drive chains for scaling Bitcoin. Drive chains
could unlock new exciting applications for Bitcoin,
but they also introduce added complexities and
potential vulnerabilities. It's encouraging to
see ongoing efforts to optimize Bitcoin's capabilities
and scalability. In recent bankruptcy procedures,
Voyager, a crypto trading platform, reportedly
transferred $5 .5 million worth of Ethereum and
SHIB to Coinbase. This move comes after Voyager
set a deadline for its users to withdraw a specific
portion of their tokens held on the platform.
It's important for platforms to navigate bankruptcy
procedures carefully to ensure the security and
transparency of users' assets. Unfortunately,
there have been instances of fraudulent activities
in the crypto world for individuals, along with
their unincorporated entity, have been charged
with defrauding investors through a crypto and
precious metal scam. They promised investors
exceptionally high returns, highlighting the
importance of conducting thorough research and
due diligence before engaging in any investment
opportunities. On a more positive note, the Singapore
Red Cross has enabled crypto donations. Initially,
they will be accepting digital assets such as
Bitcoin, Ethereum, USDT, and USDC. It's great
to see charitable organizations embracing cryptocurrencies
as a means of receiving donations and supporting
their initiatives. Let's talk about Riot, a company
deeply involved in Bitcoin mining. In the second
quarter, they successfully mined a substantial
amount of BTC. Riot's CEO, Les, expressed his
excitement about the company's role in transforming
the energy and financial industries through Bitcoin
mining. It's a testament to the growing influence
of crypto mining operations. Coinbase, a leading
crypto exchange, has acknowledged that there
are problems with the user experience on its
platform. The CEO, Brian Armstrong, has recognized
the need for improvements and is working towards
enhancing the user interface and overall functionality.
It's essential for platforms to prioritize user
-centric design to ensure seamless and satisfactory
experiences for their customers. Unfortunately,
there have been instances of protocol exploitation
in the crypto space. Zunami Protocol recently
fell victim to an attack, resulting in a loss
of over $2 million. This attack specifically
targeted the platform's lending pools. It highlights
the importance of robust security measures and
continuous monitoring to mitigate potential risks
within the ecosystem. In terms of market trends,
an indicator is suggesting a significant price
movement ahead for Bitcoin. While many other
cryptocurrencies remain relatively stable, a
particular token called HBR has experienced substantial
price surges in the double digits. This volatility
and potential for major price movements are inherent
to the crypto market, presenting opportunities
for both traders and investors. Lastly, an opinion
piece argues that the SEC's regulatory actions
are contributing to the rising incidence of crypto
-related cybercrime. The author highlights the
idea of moral hazard and suggests that the stringent
regulations put forth by the SEC may unintentionally
encourage malicious actors to find alternative
methods to exploit vulnerabilities within the
crypto industry. It's crucial for regulatory
bodies to strike a balance between protecting
investors and fostering innovation. And that's
a wrap for today's cryptocurrency news. Stay
tuned for more updates on the exciting world
of digital assets. Could the SEC unintentionally
contribute to the increasing vulnerabilities
faced by crypto companies? That's a question
worth exploring. Let's start by analyzing the
recent price action of Ripple, XRP. The cryptocurrency
has been going through an extended correction
phase, mainly because it encountered significant
resistance at the 85 cents level. However, there
might be a potential for a short -term interruption
in the downtrend as the price approaches a robust
support region. This analysis is provided by
Cheyenne, who carefully examined the daily chart
of Ripple. It's interesting to see how the price
of XRP reacts to these resistance and support
levels. Moving on to Ethereum, we observe that
its price has been stuck in a state of indecision
between buyers and sellers. This has resulted
in shallow candle formations and a steady consolidation
period over the past few months. However, Ethereum
faces a crucial price region that could potentially
determine its short -term trajectory, according
to Cheyenne's technical analysis. It would be
interesting to see how Ethereum breaks out of
this consolidation phase and whether it will
lead to an explosive move. Shifting our attention
to specific factors to watch for the week in
relation to Ripple's price, volatility seems
to be on the horizon. Ripple's XRP might be gearing
up for some action, and there are two important
things worth keeping an eye on. It's always intriguing
to see how these anticipated events unfold and
their impact on the price of cryptocurrencies.
Now let's shift our focus to Pepe, which has
been breaking resistance levels one after another.
This MimaCoins rally continued on Monday, and
it surpassed the previous resistance level, turning
it into a crucial support level. Such price movements
can be bullish and might indicate a potential
for further price increases. The support and
resistance levels identified for Pepe provide
a helpful framework for understanding its potential
price movements. In other news, Visa, a global
payment technology giant, has successfully conducted
a test that allows users to pay Ethereum gas
fees using credit or debit cards. This development
could have significant implications for the usability
and accessibility of Ethereum and its ecosystem.
Crypto card games are also making waves. Parallel's
closed beta has caught the attention of Decrypt's
Kate Irwin, who went hands -on with the game
to explore its features and what distinguishes
it from other card battlers in the crypto space.
It's always fascinating to see how blockchain
technology and gaming intersect to create new
and innovative experiences. Now let's turn to
the SEC's role in the crypto space. The regulatory
body has once again delayed its decision on the
Rx21 shares Bitcoin ETF application. As more
attention is focused on Bitcoin ETFs, the SEC's
actions and decisions have a significant impact
on the market. It's worth keeping an eye on how
these regulatory developments unfold and their
implications for the wider crypto ecosystem.
Moving on to AI, musician Nick Cave has expressed
his concerns about the use of artificial intelligence
in the creative process. He argues that AI commodifies
the human spirit and overlooks the struggles
inherent in true creativity. It's an interesting
perspective on the potential pitfalls of AI in
the artistic realm. Staying on the topic of AI,
ChatGPT, an AI chatbot created by OpenAI has
elicited mixed responses. While it seems to excel
in writing prescriptions, its ability to write
code appears to be less accurate. Two research
papers have evaluated chat GPT's accuracy in
these domains, and their findings provide valuable
insights into the strengths and limitations of
AI chatbots. In the tech world, an exciting development
is underway as Elon Musk and Mark Zuckerberg
prepare for a clash. Musk suggests that the confrontation
between the tech titans will be live -streamed
via Twitter or Meta, promising an epic battle
in an iconic location in Italy. The anticipation
around this clash is high, and its outcome could
potentially have wide -ranging implications.
In gaming news, a new Grand Theft Auto V mod
introduces AI -controlled NPCs that have their
own minds, with some even hurling insults at
players. This demonstrates the potential of AI
to enhance gaming experiences and create more
immersive virtual worlds. Finally, in the cryptocurrency
industry, FTX CEO Sam Bankman Freed's bail has
been revoked due to allegations of witness tampering.
This development raises questions about the implications
for the future of the prominent crypto exchange
and the potential legal consequences for its
founder. Overall, these recent developments and
events in the crypto, AI, gaming, and regulatory
landscapes shape the dynamic ecosystem we find
ourselves in. As more milestones are reached
and challenges arise, it's crucial to stay informed
and engaged with these fascinating developments.
Hey there! Let's dive into the latest news and
hot topics in the world of technology, finance,
and pop culture. Brace yourself for an exciting
ride. First up, we have some juicy details about
the highly anticipated release of Overwatch 2
on Steam. Unfortunately, it seems like things
haven't gone as smoothly as expected. Over 47
,000 players have bombarded Blizzard with negative
reviews, expressing their complaints about issues
such as the free -to -play model and the absence
of the PvE mode. Looks like this launch has turned
into a scammy dumpster fire for some disappointed
gamers. Yikes. In other news, the Securities
and Exchange Commission, SEC, is making waves
with its legal dispute against Coinbase. The
Blockchain Association is claiming that the SEC
is overstepping its boundaries and trying to
take away Congress's authority. They argue that
the SEC is attempting to fast -track the legislative
process, which is causing quite a stir in the
crypto world. It'll be interesting to see how
this legal battle unfolds. Moving on, Custodia
Bank is breaking new ground by accepting US dollar
deposits and offering Bitcoin custody services.
CEO Caitlin Long proudly shared that they've
met all the regulatory requirements necessary
for a bank to launch such services. It's clear
that the bar is set high, but Custodia Bank has
successfully cleared it. Kudos to them. Now let's
talk about a bizarre incident involving Lil Tay,
the teenage rapper. Initially, rumors swirled
about the rapper's death, but later it was revealed
to be a hoax. However, the confusion didn't end
there. It seems that some opportunistic individuals
took advantage of the situation by launching
Lil Tay -themed tokens. The world of crypto can
be quite puzzling at times. In a shocking turn
of events, Sam Bankman -Fried, the founder and
former CEO of FTX, had his bail revoked and was
sent to jail for witness tampering. Crypto Twitter
didn't hold back, with users reacting strongly
to the news. Some even went as far as saying,
hope you enjoy prison. It's a sobering reminder
that actions have consequences, regardless of
one's status in the crypto world. Shifting gears,
let's explore the intersection of microfinancing,
decentralized lending, and a motorbike company
in Kenya. You might be wondering what happens
when these elements come together. It spells
lots of risk. This fusion of financial practices
and technology serves as a fascinating case study,
highlighting the challenges and potential rewards
of decentralized finance. The SEC has been in
the spotlight yet again. This time they played
for time, but a recent note on stablecoins by
the Federal Reserve suggests a possible softening
of the regulatory stance on cryptocurrencies
in Washington. It seems like the tide may be
turning and the crypto community eagerly awaits
further developments. Are chatbots promoting
eating disorders? The Center for Countering Digital
Hate conducted some testing on popular chatbots
and discovered that many lack safety guardrails.
This raises concerns about the influence of artificial
intelligence in promoting unhealthy behaviors.
It's a reminder that technology must be used
responsibly to ensure the well -being and mental
health of users. Now let's venture into the world
of art and gaming. The Metropolitan Museum has
embraced the metaverse by launching a quest -based
app and creating a virtual doppelganger on the
popular gaming platform Roblox. The aim is to
engage with younger visitors in their digital
playgrounds. It's an innovative approach that
showcases the MET's willingness to adapt to new
forms of interaction and reach a wider audience.
Paris Hilton, the influential socialite and entrepreneur,
never ceases to surprise us. She has recently
released Sliving Land. a game on Roblox, inspired
by a word she's been trying to popularize for
almost four years. It's yet another example of
how celebrities are tapping into the gaming industry's
immense potential to connect with their fan base.
Aragon is making waves with its recent launch
of the Aragon app and OSX protocol on the Coinbase
blockchain. This move aims to provide a platform
for decentralized autonomous organizations, DAOs,
to launch without requiring extensive developer
expertise. It's an exciting development that
empowers individuals and communities to participate
in the DAO ecosystem. We're all aware of the
increasing interest from Wall Street in the world
of crypto. According to Talos CEO Anton Katz,
one way to bridge the gap between traditional
finance and crypto is by building better piping.
He believes that Wall Street firms need tools
that allow them to connect to trading opportunities
similar to the ones they're accustomed to in
traditional capital markets. It's an intriguing
perspective that highlights the importance of
creating user -friendly interfaces and platforms.
Legal scholars have scrutinized the Securities
and Exchange Commission's notion of an investment
contract in the Coinbase lawsuit. Amicus briefs
from top US law schools provide valuable insights
into this complex legal dispute. It's a fascinating
exploration of the legal implications surrounding
cryptocurrencies. and it will be interesting
to see how the court interprets these arguments.
Let's talk about the latest happenings on crypto
Twitter. PayPal has made a significant announcement
about the introduction of a stablecoin. This
news has sparked excitement among crypto enthusiasts,
along with strong indications of Ethereum futures
ETFs coming soon. These developments highlight
the growing acceptance and integration of digital
assets into mainstream financial systems. Former
Securities and Exchange Commission attorney John
Reed Stark believes that the SEC will not approve
a Bitcoin spot ETF anytime soon. However, he
speculates that a Republican administration after
2024 could be more amenable to ETF applications
and might even roll back certain enforcement
actions. As with any prediction, only time will
tell if his hypothesis comes to fruition. In
an amusing twist, Martin Shkreli, known for his
controversial actions in the pharmaceutical industry,
took a jab at Sam Bankman Fried. The former FTX
CEO was recently booked into a Brooklyn prison
for witness tampering, and Shkreli couldn't resist
commenting on the situation with a sardonic,
sucks for Sam. It's a reminder that the crypto
and financial worlds are not without their fair
share of drama. Last but not least, it turns
out that former President Donald Trump, who has
been skeptical about the value of cryptocurrencies
in the past, reportedly holds up to $500 million,
in Ethereum. It's intriguing to see this shift
in his perspective and demonstrates the growing
influence of digital assets even among high -profile
individuals. And that wraps up our whirlwind
tour through the latest news and trends. Stay
tuned for more exciting updates in the world
of technology, finance, and beyond. Nostr is
a revolutionary concept in the world of publishing
on the web. It stands for notes and other stuff
transmitted by relays. and is a simple, open
protocol that allows for censorship -resistant
and globally decentralized publishing. Unlike
traditional apps or services that you sign up
for, Noster is a protocol upon which anyone can
build. It is designed with simplicity in mind,
using plain JSON and standard public key cryptography
for keys and signing. This makes it easy to run
relays and build clients, ensuring that the protocol
can be extended over time. One of the key features
of Nostr is its resilience. Unlike other publishing
platforms that rely on a small number of trusted
servers, Nostr allows users to connect and publish
to an arbitrary number of relays. This means
that even if relays disappear, users can still
access and publish their content. It gives users
the freedom and control to change and adapt their
relays over time. Another important aspect of
Nostr is its verifiability. Because Nostr accounts
are based on public key cryptography, it is easy
to verify that messages were truly sent by the
user in question. This adds an extra layer of
security and trust to the platform. But why do
we need Nostr? The current state of publishing
on the web is deeply flawed. What initially was
an open and democratic space has now become a
centralized oligopoly controlled by a handful
of powerful companies. These companies dictate
what we read, who we talk to, and which ideas
gain traction in our society. Their pursuit of
engagement has led to negative consequences for
society as a whole. It's time for a change. It's
time to return to the open and decentralized
roots of the web. Nostr provides us with an opportunity
to reclaim control over the information we consume
and how we consume it. It empowers us to build
more open -minded and constructive communities
on the internet. By embracing Nostr, We can challenge
the dominance of these powerful companies and
create a more democratic and inclusive online
ecosystem. No longer will our access to information
be dictated by a select few. No longer will our
conversations be controlled and manipulated.
With Noster, the power is in our hands. Imagine
a world where anyone can publish their thoughts
without fear of censorship or suppression. A
world where ideas can freely flow and be shared
among individuals, fostering creativity and collaboration.
Noster makes this possible. But Noster is just
the beginning. It is part of a broader movement
to decentralize the internet and empower individuals.
It's not just about creating another publishing
protocol. It's about reshaping the entire landscape
of the web. Decentralization is a powerful concept
that challenges the status quo and promotes a
more democratic and equitable online experience.
It gives individuals the freedom to express themselves,
connect with others, and shape their own online
communities. So let's embrace Nostr and the broader
idea of decentralizing the internet. Let's take
back control over the information we consume
and the conversations we engage in. Let's build
a future where the web is open, inclusive, and
owned by the people. So let's talk about what
Nostr enables. It's a platform that offers a
simple and flexible event format. allowing users
to publish different types of content like social
media posts, long -form articles, rich media,
and even e -commerce. This means you have the
freedom to express yourself in any way you like.
One great feature of Noster is its verifiability.
This means that notes and content are attributed
to specific users, making it harder for spam
and bots to infiltrate the platform. It adds
a layer of authenticity and trust in the content
you consume. Another important aspect of Noster
is its decentralized nature. Users have the ability
to connect to various relays and even run their
own. This decentralization makes it challenging
for any single entity to censor ideas or control
who gets to participate. It's all about promoting
freedom of expression and avoiding the control
we often see in mainstream social media. Oh,
and did I mention that Nostr is integrated with
Lightning? This opens up new possibilities for
value -for -value business models. Instead of
relying solely on ads, Noster allows users to
create fairer models where they can directly
exchange value with their audience. It's an innovative
approach to monetization. Now let's take a look
at the current state of mainstream media and
big tech social media platforms. Unfortunately,
both of these have their downsides. Mainstream
media often relies on grabbing your attention
to sell ads, leading to sensational headlines
and clickbait tactics. And let's not forget their
tendency to focus on negativity and outrage.
On the other hand, Big tech social media platforms
also use your attention to sell ads. They employ
bizarre techniques to keep you hooked, adding
to the addictive nature of these platforms. Plus,
the algorithms that determine the content you
see are often kept secret, leaving you in the
dark about how they work and unable to influence
them. Additionally, these platforms have complete
control over who can participate and often struggle
with spam and bot issues. But wait, there's another
alternative. Federated social media platforms
like Mastodon. These platforms operate on a decentralized
model where user identities are attached to domain
names controlled by third parties. While this
may initially seem like a solution, it also comes
with its own set of challenges. For example,
these third parties have the power to ban users,
just like centralized social media platforms.
Additionally, server owners can block other servers.
limiting cross -server interactions. Migration
between servers is also difficult and requires
cooperation between servers, which isn't always
easy to achieve. Moreover, running servers on
federated platforms lacks clear incentives. As
a result, servers are typically operated by enthusiasts
or individuals seeking recognition through a
cool domain name. Unfortunately, this often leads
to the despotism of a single person, which can
be worse than the control exerted by big companies
like Twitter. Additionally, users often find
themselves unable to migrate out of these servers
effectively, rendering them stuck in unfavorable
environments. Furthermore, amateur -run servers
are prone to abandonment, effectively banning
all users who signed up through that server.
This creates issues with data duplication across
different servers, making it challenging to maintain
a coherent and seamless experience. In conclusion,
while Nostr offers a promising solution to many
of the issues faced by mainstream media, and
existing social media platforms, there are still
challenges to be addressed in decentralized systems.
It's clear that finding the right balance between
freedom of expression and avoiding centralized
control is an ongoing process. However, with
platforms like Nostr pushing the boundaries,
there is hope for a future where users have more
power and agency in the online world. So let's
dive into what Zaps are all about. Think of them
as helpful tips that are transmitted over the
Lightning Network at lightning -fast speed with
little to no transaction fees. It's like sending
a message across the network in no time. Now,
before we go further, let's understand how Zaps
became an integral part of the Nostr protocol.
In the early days, lightning invoices were often
seen in notes. However, with the implementation
of NIP -57, ZAPs took center stage as the primary
way to transmit value in Noster notes. But what
exactly is NIP -57 and how do ZAPs work? NIP
-57, short for Noster Implementation Proposal
57, is the document that lays out the guidelines
for implementing ZAPs. It introduces two new
types of notes. Kind 9735, which we call a ZAP,
and Kind 9734, known as a ZAP request. These
two notekinds work together seamlessly, enabling
Nostr clients to easily request ZAP invoices
from Eleneural servers and pay them. Essentially,
NIPI 57 facilitates the smooth flow of ZAP payments
within Lightning wallets and relays. Here's an
interesting tidbit for you. The notekind chosen
for ZAPs 9735, is actually the same port number
that Lightning Network uses for networking. It's
a fun little connection between the technology
and its implementation. Now let's take a moment
to explore the benefits of using Zaps in your
Noster client. Firstly, Zaps offer incredible
speed. Since they are transmitted over the Lightning
Network, they travel at the speed of light, meaning
your transactions happen in a flash. In a world
where time is money, This is a significant advantage.
Secondly, Zaps come with minimal transaction
fees, if any at all. Traditionally, making transactions
would require users to pay fees, often adding
up to a significant amount. But with Zaps, these
fees are drastically reduced, making it much
more cost -effective to transmit value. It's
a win -win situation for all parties involved.
Another noteworthy aspect of Zaps is their versatility.
You can use them for a variety of purposes. Need
to tip someone for their services? Zap it! Want
to reward an online content creator? Zap it!
Sending money across the globe? Zap it! The possibilities
are vast, and with Zaps, the process is simple
and efficient. Now you might be wondering, how
exactly do you use Zaps on your Nostr client?
Well, it's quite straightforward. First, ensure
that your Nostr client is updated to support
Zaps and NIP57 implementation. Once that's taken
care of, you can start requesting Zap invoices
from LN neural servers. These servers will provide
you with the necessary information to generate
the invoice. Once you have the invoice, simply
make the payment using your Lightning Wallet.
It's as easy as that. Additionally, if you're
on the receiving end of ZAP payments, your Lightning
Wallet will automatically generate notes that
need to be sent to relays. These notes ensure
that the transactions are securely processed
and settled. It's all part of the streamlined
process created by the NIP -57 specification.
So, whether you're a Noster client user or a
Lightning Network enthusiast, Zaps bring a whole
new level of efficiency and convenience to the
table. With their lightning -fast speed, minimal
transaction fees, and straightforward implementation,
they're transforming the way transactions are
done. So there you have it. A brief introduction
to Zaps, their implementation through NIP57,
and their impact on Noster clients. With Zaps,
you can breeze through transactions with the
speed of light while keeping your costs minimal.
It's a game changer in the world of value transmission.
Remember, Zaps are here to make your life easier.
So why not embrace them and experience the future
of hassle -free transactions? So, let's talk
about how Zaps work. Now we're not going to dive
deep into the technical details here, but for
those of you who are curious, we'll give you
a basic overview of how this whole Zap thing
operates. So when you click or tap on that little
lightning bolt icon in your client, whether it's
Damus, Iris, Amethyst, or any other lightning
wallet, something interesting starts happening
behind the scenes. You see, the first thing your
client does is communicate with the LNURL server
that's sitting in front of the lightning wallet
of the person you're trying to zap. It sends
a message like, hey, I want to give Alice some
SATs. Then the LNURL server responds. If Alice's
wallet supports zaps, the server will let your
client know and also provide Alice's public key.
This is an essential piece of information. Now,
armed with this knowledge, your client works
on putting together a zap request. Think of it
as a kind of note, more specifically, a 9734
note, that contains data about the profile or
note you want to zap, the amount, the relays
where the note should be broadcasted, and a few
other details. This zap request serves as a request
for an invoice from the LNURL server. Once the
server receives this request, it responds by
providing the invoice you asked for. This invoice
will include all the necessary payment details.
Now, it's time for your client to pass this invoice
to your lightning wallet so that you can pay
it. If you're using a wallet like Albi in your
browser and have already set a budget, this payment
process can happen in a snap. Once you've paid
the invoice directly to the wallet of the person
you're zapping, their wallet will create a special
note, a 9 ,735 note, and broadcast it to the
relays that were specified in your initial zap
request. Now, When these relays receive the note,
they can notify connected clients about the zap.
And clients, well, they can then show the zap
to users in their user interface. It's a way
for everyone to stay updated and informed about
the zaps happening in the network. And perhaps
the most fascinating part of all this is that
it all takes place in just a matter of seconds.
Fast, huh? And not only is it speedy, but it
also costs just a tiny fraction of a penny. That's
pretty incredible when you think about it. So.
That's a brief overview of how zaps work. Remember,
there's a lot more technical stuff going on in
the background, but this gives you the basic
mechanics of how it all comes together. So, you
want to know how to send and receive zaps in
Nostr? Well, it's actually quite simple. To zap
other people, you just need two things, a zap
-compatible lightning wallet and a client that
has implemented zaps. Let's start with the lightning
wallet. There are a few options you can choose
from, such as Albi or Wallet of Satoshi. These
wallets are designed to be compatible with Zaps,
so make sure you have one of these installed.
Next, you'll need a client that supports Zaps.
Noster offers a variety of clients that have
implemented Zaps, including Damus, Amethyst,
Iris, and Snort. These clients allow you to interact
with the Zap feature seamlessly. Now here comes
the important part. You need to set your lightning
address in your Noster profile. This address
will be used to receive any ZAPs that come your
way. So, make sure you have this address correctly
set up in your profile. That way, when someone
sends you a ZAP, it will go directly to your
designated Lightning address. But here's something
interesting to note. You have the flexibility
to pay for ZAPs from a wallet or address other
than the one you have set in your profile to
receive ZAPs. Let's take a look at an example
to better understand this. Imagine you have a
Stacker News Lightning address set in your Nostra
profile. This address is where you'll receive
any zapped SATs. Now let's say you're using your
web browser and have Iris as your client. When
you want to pay for zaps, you can actually use
your Albi wallet, which you access through their
Chrome extension. This allows you to pay for
zaps using a different wallet while still receiving
them in your designated lightning address. It
gives you that extra flexibility and convenience.
And if you prefer to use a mobile client, you
can opt for Damus. With Daymas as your client,
you can pay for Zaps using the Wallet of Satoshi
app. This allows you to have a different payment
method while still using your Lightning address
set in your Nostr profile to receive Zaps. So
as you can see, sending and receiving Zaps in
Nostr is pretty straightforward. All you need
is a Zap -compatible Lightning wallet and a client
that supports Zaps. And don't forget to set your
lightning address in your Noster profile to receive
Zaps. And remember you have the option to pay
for Zaps from a different wallet or address if
you prefer. It's all about giving you the flexibility
to use Noster in a way that works best for you.
So let's talk about Zaps. Have you heard of them
before? If not, don't worry. I'll fill you in
on what they are, how they work, and how you
can use them on your Noster client. Basically,
Zaps are like little tips that are sent over
the Lightning Network at lightning -fast speed.
And the best part? There are basically no transaction
fees involved. It's a win -win situation, right?
In the early days of the Noster protocol, Lightning
invoices were commonly found in notes. But with
the implementation of NIP -57, ZAPs have become
the go -to method for transmitting value in Noster
notes. So let's delve deeper into what NIP -57
is all about and how ZAPs operate. NIP -57, otherwise
known as the ZAP implementation document, lays
out the guidelines for how ZAPs should be implemented.
It introduces two new note kinds, kind 9735,
which represents a ZAP, and KIND 9734, which
represents a ZAP request. Together, these two
note kinds enable Noster clients to request ZAP
invoices from LNURL servers and make payments
accordingly. Additionally, the NIP 57 specification
outlines how Lightning wallets that receive ZAP
payments should create notes to be sent to relays.
It's a well -structured system that ensures smooth
communication and hassle -free transactions.
And here's a fun fact for you. The note kind
chosen for zaps, 9735, is actually the same networking
port that Lightning uses. It's a neat little
detail that adds another layer of interconnectedness
to the whole concept. Now that we've covered
the basics and the technicalities, let's explore
the benefits of using zaps on your Nostra client.
One of the main advantages is the speed at which
transactions occur. Since zaps are transmitted
over the Lightning network, they travel at the
speed of light. This means that your payments
can be processed quickly and efficiently, saving
you valuable time. Another great thing about
Zaps is the negligible transaction fees. Traditional
payment methods often come with hefty fees that
eat into your funds. But with Zaps, you can enjoy
the benefits of micro -transactions without worrying
about substantial deductions. It's a cost -effective
solution that makes financial transactions more
accessible to everyone. Furthermore, ZAPs enhance
the overall user experience by simplifying the
payment process. With the implementation of NIP
-57, requesting ZAP invoices has become much
easier. Noster clients can effortlessly navigate
LNURL servers to obtain the necessary invoices
and pay them directly. This streamlines the transaction
process, eliminating the need for complicated
steps and reducing potential errors. Additionally,
Zaps foster a sense of community and support
between Noster users. By enabling people to send
small tips, Zaps encourage collaboration and
appreciation for valuable content or services.
It's like spreading positivity through the lightning
network and creating a supportive ecosystem within
the Noster community. So, how can you start using
Zaps on your Noster client? It's quite simple.
Ensure that your client is updated to the latest
version that supports NAP57. This will enable
you to seamlessly request ZAP invoices and make
payments. From there, you can explore various
ele -neural servers that offer ZAPs and find
exciting services or content creators to support.
To sum it up, ZAPs are an innovative way to transmit
value in the Nostra ecosystem. They offer speedy,
low -cost transactions that enhance user experience
and foster community support. With the implementation
of NIP 57, requesting ZAP invoices has become
incredibly convenient. So if you're ready to
experience lightning -fast and fee -friendly
transactions, embrace the power of ZAPs on your
Nostr client. And there you have it, a comprehensive
overview of what ZAPs are, how they work, and
how you can use them on your Nostr client. So
go ahead and explore the world of ZAPs. It's
an exciting journey waiting to unfold. So, let's
dive into the fascinating world of zaps and get
a better understanding of how they actually work.
Don't worry, we won't get too technical here,
but we'll explore the basic mechanics behind
them. You know that little icon you see in your
client, whether it's Damus, Iris, Amethyst, or
whichever lightning wallet you're using? Well,
when you click or tap on that icon, something
interesting happens. Your client sends a ping
to the Eleneurl server, which is the server that
sits in front of the lightning wallet of the
person you're trying to zap. It's like saying,
hey there, I would love to give Alice some saties.
Now the Eleneurl server responds to your client.
If Alice's wallet supports zaps, it lets your
client know and also sends or confirms Alice's
public key. This is where the magic starts to
happen. Your client at this point puts together
a zap request, also known as a kind 9 ,734 note.
This request contains information about the profile
or note that you want to zap, such as the amount,
the relays it should broadcast the note to, and
a few other details. Essentially, it's like asking
the EleNeural server for an invoice. Once your
client has sent the zap request, the EleNeural
server responds with the invoice you requested.
Now, this is where things get even more exciting.
Your client takes that invoice and hands it off
to your lightning wallet. And here's the crucial
part. You... as the user, need to pay that invoice
directly from your wallet to the recipient's
wallet. If you're using a browser wallet like
Albi and have set a budget, this whole process
can happen lightning fast. Once you've paid the
invoice, the recipient's wallet creates a kind
9735 note, and this note is then broadcasted
to the relays specified in the Zap request. It's
like sending a message to the relays, telling
them about the Zap. Now, the relays that receive
this note can then inform connected clients about
the zap, and then those clients can show the
zap to users in their user interface. It's a
seamless process that happens behind the scenes,
keeping the user experience smooth and hassle
-free. And here's the incredible part. All of
this happens in just a matter of seconds and
at a cost of only a tiny fraction of a penny.
It's lightning fast and cost effective, making
zaps an efficient and convenient way to transfer
value on the lightning network. So next time
you click or tap on that icon, know that there's
a whole chain of events happening in the background.
The client pings the Elnurl server, requests
an invoice, you pay the invoice, and then the
recipient's wallet broadcasts the note to the
relays. It's a fascinating process that enables
fast and secure transactions on the Lightning
Network. And that, my friend, is how zaps work.
Pretty incredible, right? Now you have a better
understanding of the inner workings of zaps and
can appreciate the convenience they bring to
Lightning Network users. So go ahead and zap
away. So you're wondering how to send and receive
zaps on Nostr. Well, it's actually pretty simple.
All you need are a few things to get started.
First, you'll need a Zap -compatible lightning
wallet. There are a couple of options available
such as Albi or Wallet of Satoshi. You can choose
the one that works best for you. Next, you'll
need a client that has implemented Zaps. Nostr
supports a few different clients that you can
use like Damus, Amethyst, Iris, or Snort. These
clients have integrated ZAP functionality, allowing
you to easily send and receive ZAPs within the
Nostra ecosystem. Once you have your ZAP -compatible
lightning wallet and a supported client, there's
just one more thing to do. Make sure you have
your lightning address set in your Nostra profile.
This is the address where you'll receive all
your ZAPs. It's important to have this set up
correctly, as it ensures that the ZAPs you receive
go to the right place. Now, here's an interesting
tidbit. You can actually pay for zaps from a
wallet or address other than the one you have
set in your profile. Let me explain with an example.
Imagine you have a Stacker News lightning address
set in your Nostr profile. This is the address
where you'll receive any zapped SATs. Now, let's
say you're using Iris as your web browser client.
When it comes to paying for zaps, you can use
your Albi wallet via their Chrome extension.
This means you have the flexibility to use different
wallets and addresses for zaps. even if they're
not the same as the one in your Nostr profile.
And if you're on the go and prefer to use your
mobile device, you can still use Nostr. Just
switch to your preferred client, like Damus,
and pay for zaps using the Wallet of Satoshi
app. This way you can easily manage your zaps,
whether you're on your computer or out and about
with your phone. So, as you can see, sending
and receiving zaps on Nostr is a breeze. With
a ZAP compatible lightning wallet, a supported
client, and the correct lightning address set
in your Nostr profile, you're all set to start
zapping away. And don't forget, you have the
flexibility to pay for ZAPs using different wallets
or addresses if needed. So go ahead, explore
the world of ZAPs on Nostr and enjoy the convenience
and efficiency they bring to your lightning network
transactions. Happy Zapping! So let's talk about
NIPs. What are they exactly? Well, NIP stands
for NOSTER implementation possibility. It's a
way to document what must, what should, and what
may be implemented by NOSTER compatible relay
and client software. Basically, NIPs are the
documents that outline how the NOSTER protocol
works. Now, you might be wondering why you should
care about NIPs. After all, NOSTER is decentralized
and not owned by a centralized service like Twitter.
This means that the direction of the protocol
is up to all of us. Isn't that cool? We can suggest
and advocate for changes and offer feedback on
ideas suggested by others. By being an active
part of the Noster community, you get a say in
the direction of the network. And guess what?
NIPs published in the main repository are already
approved. So if you have some new and exciting
ideas, you can add them via pull request on that
repository. But where can you find these NIPs?
Well, you're in luck. You can see all the current
NIPs in the Noster NIP repository. It's a treasure
trove of information about how Noster works and
what features are being considered for implementation.
So the NIP repository is the place to go if you
want to stay up to date with the latest developments
in the Noster protocol. It's where you can explore
new ideas, contribute your own suggestions, and
be a part of the decision -making process. Now
you might be wondering how these NIPs are structured.
Generally, each NIP has a unique number and a
title. This helps to keep things organized and
makes it easier to reference specific NIPs when
discussing them. Each NIP also includes an abstract,
which provides a brief summary of the proposal.
The body of the NIP contains all the juicy details.
It outlines the problem or goal that the proposal
aims to address. It also provides a detailed
explanation of the proposed solution and any
potential trade -offs or considerations that
need to be taken into account. NIPs also include
a section on motivation, which explains why the
proposal is important and why it should be considered.
This is where you can really make a case for
your ideas and convince others to support them.
Of course, no proposal is perfect, and that's
where the section on alternatives and rationale
comes in. It explores alternative approaches
to solving the problem and explains why the proposed
solution is the best option. This helps to ensure
that the decision -making process is thorough
and well informed. Finally, NIPs conclude with
a section on implementation details. This covers
any technical specifications or requirements
that need to be met in order to implement the
proposal. It's like a roadmap for turning the
idea into a reality. So as you can see, NIPs
are a crucial part of the Noster ecosystem. They
provide a platform for collaboration, innovation,
and community involvement. By contributing to
NIPs, you have the power to shape the future
of the Noster protocol and make a real impact.
So whether you're a developer, a user, or just
a curious individual, I encourage you to check
out the Noster NIP repository. Dive into the
world of NIPs, explore the proposals, and get
involved in the discussions. Your voice matters,
and NIPs are the way to make it heard. Remember,
the Noster community is all about openness, decentralization,
and democratic decision -making. So don't miss
out on this amazing opportunity to be a part
of something big. Browse the NIPs, share your
ideas, and let's shape the future of Noster together.
So, you want to know what Noster clients are?
Well, let me break it down for you in a conversational
manner. In Noster, a client refers to the app
or platform that you use to access and interact
with the protocol. It's kind of like the Twitter
iOS app or web app that you use to browse through
Twitter's feed of tweets. Simple, right? Now,
because the Noster protocol is quite flexible
and straightforward, different clients have focused
on implementing various aspects of the protocol
in slightly different ways. For instance, Some
clients prioritize having a beautiful and user
-friendly interface, while others zero in on
enabling lightning -fast payments. We even have
clients that cater to creative use cases, like
playing chess through the NOSTER protocol. Yep,
you heard that right. Chess on NOSTER. Most of
the clients that have been developed so far revolve
around the social media use case. However, we're
starting to witness more interesting and diverse
use cases cropping up. Let me give you a few
examples. First up, we have Jester, a client
that allows you to play chess on Noster. Imagine
challenging your friends or even strangers to
a game of chess on this platform. Pretty cool,
right? Next, we have Habla, a client that focuses
on long -form content, much like Medium. So if
you're into writing or reading lengthy articles,
Habla might be the client for you. Then there's
Nostogram, a client that is all about media.
If you're into sharing and consuming various
types of media content, Nostrogram is worth a
look. Last but not least, we have ZapStream,
a client that brings a Twitch -like streaming
experience to Nostr. So if you enjoy watching
live streams and interacting with streamers,
you should definitely check out ZapStream. Now,
you might be wondering if you can switch between
these clients. The answer is yes. Since a client
is just a way to access the underlying data held
by relays, you can switch between different clients.
or even sign into as many clients as you'd like.
As long as each client is looking at the same
set of relays for their data, you'll see the
same messages across all the clients you use.
But wait, should you enter your private key in
the client? Generally, it's better not to. While
most clients that ask for private keys make an
effort to keep them secure, software is never
100 % immune to breaches, exploits, or bugs.
And if your private key gets compromised, it
means starting from scratch and rebuilding your
identity in Nostr. Plus, you'll lose your list
of followers and all your private messages. Not
something anyone wants to deal with. Now that
we've covered the basics, let's talk about a
few of our favorite clients across different
platforms. If you're accessing Nostra on the
web, we highly recommend giving Iris a try. It's
our recommended client, especially for new users.
And hey, we even have a handy guide that you
can check out to get started with Iris. For desktop
users, we have Gossip. a rather opinionated client
that requires a bit more technical know -how
to use. But the upside is that Gossip offers
users more control over how they interact with
Nostr. So if you're up for a challenge and want
that extra control, Gossip might be the desktop
client for you. Now let's move on to iOS. For
all the iPhone users out there, we proudly present,
Damus the first and best iOS client for Nostr.
Trust us, it's worth a try. Just head over to
our guide to get started with Damus. Last but
not least, we have Amethyst, a beautiful client
for Android users. If you're on an Android device,
give Amethyst a go. We even have a guide available
on our website to help you get started. And that,
my friend, sums up what Nostr clients are. From
web and desktop to iOS and Android, there's a
client out there for everyone. So why not explore
and find the one that best suits your needs?
Happy Nostring. Nostr relays are an essential
component of the Nostr platform. In this quick
overview, will explain what relays are, why they
are important, and how they work. So, what exactly
are relays? Well, think of them as the backend
servers for Nostr. They play a crucial role by
allowing Nostr clients to send messages to them.
These messages may or may not be stored, but
they are broadcasted to all other connected clients.
It's important to note that the world of relays
is evolving rapidly, so we can expect many changes
in the future. Due to Noster's decentralized
nature, it heavily relies on relays to store
and retrieve data. This means that if you find
your Noster client running slow, chances are
it's due to the relays you're using. In such
cases, it might be worth considering adding or
removing relays to optimize your client's performance.
Currently, many relays are offered for free.
However, with the costs associated with running
a relay, such as compute, storage, and bandwidth,
it is widely anticipated that paid relays will
become the norm in the future. Using paid relays
has its advantages, especially the higher signal
quality of users and notes. The proof of work
involved in paying for relay access helps prevent
spam accounts from infiltrating the network.
If you're interested in exploring paid relays,
you can find an up -to -date list with details
on Relay Exchange. Now, you might be wondering
where you can find a comprehensive list of all
relays. The best resource we have found for browsing
and assessing the speed of known relays is the
Noster Watch site. This site provides valuable
information and insights on different relays,
making it easier for you to choose the ones that
suit your needs. But what happens if all the
relays you use suddenly stop working? Unfortunately,
in such a scenario, all your posts become unretrievable.
That's why Noster allows users to connect to
multiple relays, ensuring some degree of backup.
However, if being uncensorable is a top priority
for you, running your own personal relay is highly
recommended. This way, you always have a copy
of all your Noster posts and interactions for
all time. It provides a greater level of control
and security over your data. While running your
own relay may not be worth the hassle for most
people, It is an option for those who are technically
inclined or want to establish a private relay
for a small group. At the moment, we are working
on a guide to help you set up your own Noster
Relay. In the meantime, you can check out the
guide by Andre Nevis, which provides step -by
-step instructions on how to do it. In conclusion,
Noster Relays are the backbone of the Noster
platform. They enable communication between Noster
clients, store messages, and broadcast them to
other connected clients. As the landscape of
relays continues to evolve, paid relays are expected
to become more prevalent. While many relays can
be accessed for free, utilizing paid relays offers
benefits such as higher signal quality. If you
want to explore relays or assess their speed,
Nosterwatch is a valuable resource. And if you
want to ensure your data's security and be uncensorable,
setting up your own personal relay may be a wise
choice. All right, let's dive into the world
of relay implementations. Whether you're a curious
developer or someone planning on running a relay
yourself, this list of known implementations
of the Nostr Relay Spec will surely pique your
interest. And the best part? Relays are application
agnostic, meaning you can run your own relay
or utilize any of the public instances available.
Let's start with Go. One notable implementation
is the Relayer Basic, a simple reference relay.
Built on top of the Relayer framework, this relay
is backed by Postgres. It was created as a demo
to showcase how to construct custom relays. It's
a great starting point if you're new to relays
or want to understand the inner workings. Moving
on to C++, we have Stirfry, an intriguing relay
implementation that dares to be database -less.
With its C++ foundation, Stirfry takes a unique
approach by eliminating the need for a database.
Definitely an interesting choice for those who
prefer a lightweight implementation. For the
C -Hash enthusiasts out there, Anoster is a C
-Hash relay that you might find appealing. With
its implementation in C -Hash, Anoster provides
a relay solution tailored specifically for the
C -Hash community. It's worth exploring if you're
comfortable working with C -Hash and want a relay
that aligns with your programming language of
choice. Now let's explore the world of Rust,
if you're a Rustacean. you'll be delighted to
know that there are a couple of relay implementations
for you. First, we have NostrR's Relay, a minimalistic
Rust Relay that uses Sqlite to store data. Its
simplicity makes it an attractive option for
those who prefer a lightweight and straightforward
implementation. Another Rust implementation is
Soster. This particular relay is private, meaning
it's used to save all notes from one pub key
and publish them to anyone who requests them.
If privacy and data control are priorities for
you, Soster might be the perfect fit. For those
who embrace Node .js and TypeScript, Nostream
is a Noster Relay implementation that you should
definitely check out. Originally named Noster
Tease Relay, it has been reborn as Nostream.
Backed by PostgreSQL, this relay written in TypeScript
provides a solid foundation for your relay needs.
It's especially useful if you're already familiar
with Node, DayJs, and TypeScript. If you're involved
in the Mines community, you'll be thrilled to
know that there is a Mines Noster Relay available.
This particular relay is designed specifically
for the open source social network Mines. It
enables seamless relay functionality within the
Mines platform, enhancing the user experience.
And speaking of Mines, we have the Mines engine,
Nostr. This is relevant Mines API code that allows
you to read and write Mines posts using Nostr.
It's an essential component for those looking
to integrate Nostr into their Mines powered applications
or projects. For Clojure enthusiasts, there's
me .untether .nostrrelay, a relay implementation
written in Clojure. With its Clojure foundation,
this relay brings the expressive power of Clojure
to the world of relays. If you're a fan of Clojure's
elegance and functional programming, you'll likely
appreciate this implementation. Next, we have
Nostropy, a Python implementation that goes beyond
just being a relay. It provides a comprehensive
suite of tools, including a relay, client, and
other useful tooling, all implemented in Python.
If you're already working with Python and are
looking for an all -in -one package for your
Nostr needs, NostraPy is an excellent choice.
Continuing with Python, we have Nostr underscore
relay, another relay implementation written in
Python. This time, it is backed by Sklite, making
it a lightweight option for those who prefer
simplicity. This implementation emphasizes efficiency
and ease of use, which is perfect for those with
minimal resource requirements. Last but not least,
we come to Kotlin. Noster Poster Relay is a Kotlin
-based relay implementation that offers support
for both Sklite and Postgresql. If you're part
of the Kotlin community and want a relay that
seamlessly integrates with your preferred database
solution, Noster Poster Relay has got you covered.
And finally, we have Noster, a Noster relay implemented
in Kotlin. What sets Noster apart is its support
for Postgres and metrics via micrometer. If monitoring
and comprehensive metrics are priorities for
your relay implementation, Nostr is worth considering.
Wow, that was quite a journey through various
relay implementations. From Go to C++ to C -Hash
to Rust, Node, JDesk, TypeScript, Clojure, Python,
and Kotlin, there's truly a relay implementation
for every developer out there. Whether you're
a fan of simplicity, privacy, specific programming
languages, or comprehensive tooling, this list
has something for everyone. So go ahead, explore
these implementations, and find the one that
best suits your needs. Happy relaying. Happy.
So let's talk about the Nostr repository. It's
basically the central hub for all things Nostr.
While it may not be the most jam -packed repository
out there, it does house Ify at Jeff's original
reasoning behind creating Nostr. So if you're
interested in diving deeper into the why behind
Nostr's existence, this is the place to go. Next
up, we have Nostr relays. Now there are a few
different types of relays in the Nostr realm.
One of them is PurplePag .us, which is a special
kind of relay. Then there's Noster .Watch, which
is like the go -to source for all the info you
need on all the known relays out there. And if
you're curious about currently operating paid
relays, Relay Exchange has got you covered. But
here's where things get really interesting. There's
this project called Noster .Wine's Filter Relay.
And what it does is aggregates reading and writing
from and to several other major relays. Its main
goal is to bridge the gap between public and
private relays. Pretty cool, right? If you want
to learn more about this and other relay implementations,
check out the page dedicated to relay implementations.
Now let's talk about search and data. Gnoster
.band is like the search engine for all things
Gnoster. It can help you find new users to follow
or even track down that note you saw floating
around a while back. And if you're into high
level data about the growth of the Nostr network,
network stats, which is also run by Nostr .band,
is where it's at. It gives you a pretty good
overview of how things are looking in the Nostr
world. Oh, and have you heard of ZapLife? It's
an aggregation of all the Zaps across Nostr in
the last several hours. It's basically the Zap
leaderboard. So if you're curious about the most
recent Zaps and who's making waves in the Nostr
community, make sure to check it out. Now let's
move on to long -form content. If you're in the
mood for some deep conversations and discussions,
you might want to check out Habla. It's a platform
where you can engage in longer conversations
and explore different topics. And if you're more
into reading blogs, well, Blogstack is the place
to be. It's a collection of interesting and thought
-provoking blogs for all you avid readers out
there. Switching gears for a moment, let's talk
about badges. If you're into collecting badges
or showing off your achievements, badges .page
is where you'll find a variety of badges related
to Nostr. It's a fun way to showcase your involvement
in the Nostr community and your love for all
things Nostr. And in case you're looking for
more, there's Awesome Nostr. It's like a treasure
trove of links related to Nostr clients, relay
implementations and more. So if you want to explore
further and discover even more Nostr related
resources, Awesome Nostr is your one stop shop.
Lastly, before we wrap things up, we want to
ask for your support. We would greatly appreciate
it if you could show us some love on Fountain
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or subscribing to the Bitcoin Street Journal.
Your support means the world to us, and we thank
you for taking the time to listen and support
us. That's it for today's episode. We covered
the Noster repository, relays, search and data,
long -form content, badges, and some other cool
Noster resources. We hope you found this information
useful and that you're excited to dive into the
world of Noster. Until next time, take care and
keep exploring. On today's episode, we covered
a range of topics including Bitcoin adoption
by corporations, SEC delays, cryptocurrency fines,
Ethereum updates, AI controversies, and the features
of the Nostr protocol. Thanks for listening to
today's episode. I'll see you guys at the next
one and don't forget to subscribe.