Oddbean new post about | logout
 It looks good, but as always with all things Bitcoin it doesn't scale. 
 is that because minimum UTXO size would determine the amount of verified identities possible? 

100,000 sats  = min UTXO

100,000,000 *21,000,000 / 100,000 = 

100,000,000*210 =max  21 billion identities possible? 
 The minimum uxto size doesen't need to be 100k, that can change depending on the value of sats. To create 10 billion uxtos (peak population), assuming 135 bytes per uxto, thats a max of about 10000 uxtos per block, it would take 19 years for each individual to have a uxto. 
 with what your suggesting, does the UTXO have to be dedicated for the Nostr identity or can it just be a stache of bitcoin that is used for other stuff?

and will the client be able to see the size of the UTXO, and allow users to see the size of the UTXO, or is all that cryptographically hidden somehow. 
 I imagine it could be any wallet address, not necessarily one dedicated to a single uxto. Theoretically it could also be a lightning channel if you can find a way to sign a message with the private key. 
 Ive issued an update to address concerns from this discussion

nostr:nevent1qqswkracxk2ql5kytfvvq8arawqgz7j5hgzp62gdf9xfx8mtrd5828gpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyrq7n2e62632km9yh6l5f6nykt76gzkxxy0gs6agddr9y95uk445xqcyqqqqq2safjmer 
 r3

nostr:nevent1qqsz6jwq3pmgj53r5hcfsszczmkz0zgnvx7lelwzuck4ujtp2cf37ucpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyrq7n2e62632km9yh6l5f6nykt76gzkxxy0gs6agddr9y95uk445xqcyqqqqq2s9zqn43 
 Bruh - This is counterintuitivte to the ethos of bitcoin.