Why Nostr? What is Njump?
2024-07-17 06:21:28

bergealex4 on Nostr: Like a digital Hawala network? :yes: ...

Like a digital Hawala network?

:yes:
Programmable money (ETH, etc) is hard to scale. So people build Layer 2s.

But these Layer 2s are barely decentralized. And now there’s a crop of L2s that are really just multisigs.

But wouldn’t a sufficiently large group of multisigs be somewhat decentralized? Like a digital Hawala network?

Especially for transactions (but not for smart contracts where money is locked up).
Author Public Key
npub16fhh3ev4gytmt3jn3gkkez9z99kxtspcwupen4cxn2tcym4sd22surn62p