Recently Nostr is in question all over, because it is a private key based social media which received BTC donation from Jack for further development. Let's findout more about it.
Nostr, what is it?
"Notes and Other Stuff Transmitted by Relays", or Nostr, is an abbreviation. It is a protocol for an open, censorship-resistant worldwide social network.
Jack Dorsey provided funding in bitcoin.
Jack Dorsey, co-founder of Twitter and Block Inc., received a request from Koty Auditore to help fund the ongoing development of Nostr.
After being satisfied, Dorsey grants 14 Bitcoins to Nostr developer fiatjaf.
Why Did Dorsey Finance Nostr?
This is a controversial question, according to Jack Dorsey's social media philosophy, he wants to create a native internet protocol for social media, but another theory is that he wants to fight against Twitter after leaving Twitter, he is already taking intrest in alternatives like Urbit, Mastodon, and the messaging app Signal.
How Does Nostr Work?
Nostr does not have a central server; instead, each user runs a client with their own private key, and relays take user material and pass it to other users.
