I want to learn more about cryptocurrency in a functional, practical sense. I don't really understand how, for example, Bitcoin is capable of facilitating huge quantities of transactions---a prerequisite for a currency---with its paltry TPS. I'm surprised that more liquid and performant cryptocurrencies like Algorand aren't more popular for general transactions on networks like NOSTR.
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because they lack network effect
Yeah, it’s probably that. The “best” thing from a technical or functional standpoint isn’t always the thing that ends up sticking or becoming adopted. Which, for example, is something I fear for Nostr. Both Activity Pub (which has been around *a lot longer*, to be fair) and AT Protocol (which is newer) are gaining or have gained more traction and adoption despite both being technically inferior protocols to Nostr.