Oddbean new post about login | logout I wish nostr relays were Cashu mints as well and would use it as a way to monetize. Deposit sats and treat it as a donation to the relay, use the ecash to transact on nostr, withdraw with a high fee from the mint and the fees go to the relay.
I need to learn more about Cashu
Not all relays would need that. Interesting model
Potential for channel management profitability?
I was thinking about this possibly recently... There could be interesting dynamics there. Also this would mean that mints can have a nostr identity and use it to make relevant public announcements, announce them publicly, and it may make sense to have epoch based PoL
Interesting idea💡 Worthy of at least an experiment. nostr:nevent1qqsvwuq7sfg0r7epq53xltxvsunq32wjfmcnkmtkrs5pc500yskptxspp4mhxue69uhkummn9ekx7mqzypgdjn7zmpvqc6ptqud9gtutrcc6yq9s2z96h9dr80hss4wl9qwkxqcyqqqqqqgtd3yp6
Interesting
can this technically be done?
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My thinking is this would make people choose and use way fewer relays. You don't want to be dealing with 20 mints for 20 relays. And fewer relays means less redundancy, security and censorship-resistance, and more centralization. Could turn into a situation with huge central relays dealing with the money and paying smaller relays to do specific tasks.
calle 👁️⚡👁️This is really a genius idea. This way Relay also has an economic model, which is conducive to the long-term development of Nostr. so amazing! In this way, Nostr and the Bitcoin ecology are better integrated, and Nostr can also form a positive economic model.
Hmmmm .. and if relays were also mints and AJ’s noodling about protecting the privacy from ⚡️ to (between mints) was a reality, then zaps on nostr could effectively be ecash at both send and receive with privacy preserved?