dow
2 years ago















Whats the difference between a
bitcoin wallet and lightning wallet?
Nostr does not need a cloud, but it can be used with a cloud service. Nostr is a decentralized identity protocol that uses NIP-05 identifiers to create pseudonymous usernames. These identifiers can be used to connect to Lightning Network nodes and send and receive payments.
If you use Nostr with a cloud service, your NIP-05 identifier will be stored on the cloud. This means that you can access your identifier from anywhere, as long as you have an internet connection. However, it also means that your identifier is not completely decentralized. If the cloud service is hacked, your identifier could be compromised.
If you want to use Nostr without a cloud service, you can generate your NIP-05 identifier locally and store it on your own computer. This will make your identifier more secure, but it will also make it more difficult to access from different devices.
Ultimately, the decision of whether or not to use a cloud service with Nostr is up to you. If you want the convenience of being able to access your identifier from anywhere, then a cloud service is a good option. However, if you want the maximum security, then you should generate your identifier locally and store it on your own computer.
Here are some of the pros and cons of using a cloud service with Nostr:
Pros:
You can access your identifier from anywhere.
You don't have to worry about managing your own keys.
It's more convenient.
Cons:
Your identifier is not completely decentralized.
If the cloud service is hacked, your identifier could be compromised.
Bitcoin Is Not Crypto, The SEC Confirms
www.forbes.com/sites/martinrivers/2023/07/31/bitcoin-is-not-crypto-the-sec-confirms/amp #bitcoin