Keychat's avatar
Keychat 1 year ago
The reason Keychat is so adamant about using Bitcoin ecash as stamps is that free services are unsustainable. A blog post by Signal from last year discusses the costs and losses involved in running Signal. "We estimate that by 2025, Signal will require approximately $50 million dollars a year to operate.”
Signal Messenger
Privacy is Priceless, but Signal is Expensive
Signal is the world’s most widely used truly private messaging app, and our cryptographic technologies provide extra layers of privacy beyond the...

Replies (10)

Chromie's avatar
Chromie 1 year ago
$50m 👀
Keychat's avatar Keychat
The reason Keychat is so adamant about using Bitcoin ecash as stamps is that free services are unsustainable. A blog post by Signal from last year discusses the costs and losses involved in running Signal. "We estimate that by 2025, Signal will require approximately $50 million dollars a year to operate.”
Signal Messenger
Privacy is Priceless, but Signal is Expensive
Signal is the world’s most widely used truly private messaging app, and our cryptographic technologies provide extra layers of privacy beyond the...
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calle's avatar
calle calle@cashu.me 1 year ago
Anonymous systems need (often very small) fees. Fees don't need to harm your privacy. The internet is broken because there's no good way to make small and private payments for services you use. This has been an issue from day one. Ecash fixes this. View quoted note →
5 replies ↓
Garbage nsec's avatar
Garbage nsec garbagensec@NostrAddress.com 6 months ago
This for sure! Curious, for text-only chat messages does 1 sat per message cover the AWS (or whatever) and other associated costs once you've factored them all in? Or it will if you hit certain scale? Or is it more like a symbolic amount for now?
1 replies ↓
Keychat's avatar
Keychat 6 months ago
From a marginal cost perspective, a fee of 1 sat per message is significantly higher than the actual server cost—excluding any developer costs.
1 replies ↓
Keychat's avatar
Keychat 6 months ago
The Cashu protocol supports milli-sats, but currently, almost no mints are using it. We'll need to wait.
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