WEBVTT

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Welcome to the Bitcoin Street Journal, Bitcoin

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Market Update episode 8 for week 20. On Thursday,

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May 25th, 2023, stay ahead of the government

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and central banks by tuning into our daily live

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updates on the Bitcoin market, technical analysis,

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price, market capitalization, and supply. Don't

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miss out on the latest news and trends in the

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world of Bitcoin. Subscribe to the Bitcoin Street

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Journal today. In today's episode, we'll cover

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the Noster Protocol. A global and censorship

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-resistant social media platform with resilient

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and verifiable features. Anoster is a powerful

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tool with a simple, open protocol that makes

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global, decentralized, and censorship -resistant

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social media possible. To get started, all you

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need to do is create an account and join the

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thousands of others who have already made the

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move to Noster. One of the key benefits of Nostr

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is that it's based on a very simple and flexible

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event object system that uses standard elliptic

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curve cryptography for keys and signing. This

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makes it easy to write clients and relays, which

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promotes software diversity and gives users more

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control. Nostr is also incredibly resilient because

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it doesn't rely on a small number of trusted

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servers for moving or storing data. Instead,

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It assumes that relays will disappear and allows

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users to connect and publish to an arbitrary

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number of relays that they can change over time.

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Another benefit of Nostr is its verifiability.

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Because Nostr accounts are based on public key

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cryptography, it's easy to verify messages were

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really sent by the user in question, giving users

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greater confidence in the integrity of the platform.

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Unlike other social media platforms, Nostr is

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not an app or service that you sign up for. Instead,

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It's an open standard upon which anyone can build.

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This makes it a powerful tool for creating a

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censorship -resistant global social network that

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is not controlled by any one organization or

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government. Noster fills an important need in

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the current landscape of social media. Platforms

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like Facebook and Twitter rely heavily on advertising

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revenue and use techniques to keep users addicted

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and engaged. They also decide what content to

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show users based on a secret algorithm that they

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can't inspect or change, which has led to concerns

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about censorship and bias. To learn more about

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Noster, there are a number of recommended resources

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available, including an introduction by Sexybug,

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an article by Max Webster on why he's betting

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big on Noster, and a piece by Jameson Lopp on

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why Noster matters. Additionally, there are a

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number of micro tools available to help users

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navigate and use Nostr, such as Nostr .band,

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which indexes the entirety of Nostr and makes

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it searchable, and NostrWatch, which has an index

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and connection stats of all public relays on

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the internet. Overall, Nostr is a powerful tool

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for creating a more open, decentralized, and

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censorship -resistant social media landscape.

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Whether you're a content creator, social media

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enthusiast, or just looking for a better way

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to connect with others online, Nostr has something

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to offer. On today's episode, we explored Nostr,

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a revolutionary protocol for creating a censorship

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resistant social media platform. Thanks for tuning

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in and don't forget to subscribe.