Why Nostr? What is Njump?
2024-05-06 16:29:32

nourspace on Nostr: Let's have a fedimint coinjoin module with nostr for social consensus ...

Let's have a fedimint coinjoin module with nostr for social consensus
That's pretty cool.

Downsides seem to be that there is no denial of service protection across rounds, the same utxo can disrupt many rounds. A centralized coordinator banns a utxo for numerous rounds.

Also blockspace efficiency is not great, a single equal denomination means users need to do a lot of rounds and create / spend many coins. I don't know how this can be fixed though, maybe some ring signature credential that commits to a homomorphic value commitment, something like Wabisabi kvac but with federeted authorship.
Author Public Key
npub1q2s36929z99tv0pfjkqf8jgmn7yxrrjklmsr0wwjl2707vhk965sp7dx3u