Introduction: Stacks + Nostr
Introduction about Stacks and Nostr
Stacks
Stacks is a protocol focused on enabling a more secure and decentralized Web3 by expanding the Bitcoin economy through the implementation of a Bitcoin layer. This layer allows for smart contracts, DeFi, NFTs, and decentralized apps, powered by the Stacks consensus mechanism called Proof of Transfer. By connecting Stacks and Bitcoin, applications can benefit from the security of the Bitcoin network. The Stacks layer aims to unlock over $300 billion in capital by bringing DeFi to Bitcoin and stimulating the growth of the Bitcoin economy.
The project also introduces Clarity, a safe programming language for developing smart contracts for Bitcoin. Clarity is designed to prevent common bugs and exploits, ensuring predictable, decidable, and secure smart contracts. Transactions on the Stacks layer automatically settle on the Bitcoin network, allowing developers to build apps and digital assets that are integrated with Bitcoin security. The mission of the Stacks project is to promote a better internet through decentralized apps and increased functionality within the Bitcoin ecosystem.
Nostr
Nostr is an open protocol designed to create a censorship-resistant global social network that doesn't rely on any trusted central server, making it resilient and tamperproof. It operates on cryptographic keys and signatures and does not rely on P2P techniques. Users run a client, such as a native client or web client, and to publish a post, they sign it with their key and send it to multiple relays. Relays, which can be hosted by anyone, accept posts from users and forward them to others without the need for trust. Signatures are verified on the client side, and users can run a relay if they choose.
Nostr operates through clients and relays, with each user running a client and having the option to run a relay. Users are identified by public keys, and every post is signed and validated by clients. Clients fetch data from relays of their choice and publish data to other relays of their choice. Relays communicate only with users, not other relays. This system solves issues related to users being banned, servers being closed, censorship-resistance, spam, data storage, video and heavy content, and user manipulation techniques. However, Nostr does not promise perfect reachability and requires users to be connected to the same relays for communication. Incentives for people to run relays are not explicitly discussed, but the protocol's flexibility and ease of use offer potential benefits for users.
Sources: https://www.stacks.co/ https://github.com/nostr-protocol/nostr
Last updated