nice idea! would be best if you replace your bloated "whitepaper" with two your messages above! ๐Ÿ˜‹ ๐Ÿ˜œ (friendly ironical joke) I wanna to be one of first testers! (I have around 300 sats, alas! May it be enough for testing? Will you make web-wallet soon? zap compatibility with nostr?) So, in another words, it kinda similar to "reputation" of "escrow" or so, but collective governance (not one-person based)? slightly similar to DAO, by the way... image

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it takes a long time to say things succinctly! and things have changed significantly a few times over the last year as i tested designs. unfortunately 300 sats is too little to run a node, as each quorum rotation (currently every ~ two weeks) requires an on-chain transaction of 180 vbytes, which at 2.5 sats/vbyte is 500 sats every two weeks. depending on a node's advertised fees you can store just a few sats in a wallet. my first few nodes have high per-deposit fees (208 sats / month) and low limits (1,000 sats max) so that people don't keep funds there yet. but if you have custodial lightning or ecash, you can still make wallets, move funds into them, between them, back out of them, etc. fees are only taken when the balance is greater than zero, so moving funds through them quickly only costs lightning fees. it's all pretty loosey goosey until more people start running nodes and a market emerges
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