I’m going to call it: I think Nostr has peaked
I’m pretty much a Bitcoin maxi but even this level of Bitcoin craziness is too much for me.
I think 99.9999% of people are going to take one look at this and run in the other direction.
Nostr really needs a reboot. Perhaps a client with no crypto at all so no crazies are attracted or maybe a client with multiple crypto support to at least bring some balance to the force.
At the moment it feels like you’ve fallen into a Bitcoin religious, pagan, occult, Baal worshipping ceremony. It will need a miracle to get over this.
So in summary, to my earlier question about Lightning scalability:
Using back of the napkin calculations, you probably couldn’t onboard 1 billion users to Lightning within a 5 year period because each new user requires an on chain transaction to open a new channel and it would take Bitcoin 5 years to process those transactions.
But there are possible future solutions that could reduce the number/size of onchain transactions to onboard users, or a different blockchain-based layer 2 could be used with bigger blocks which Lightning rides on top of as layer 3 which would allow a greater capacity for new user onboarding.