I like this simple mental model for #nostr:
#npub is your #nostr public key
#nsec is your #nostr private key
#nsac is your #nostr private wallet
The last one, #nsac, the kernel of the idea is taken from NIP-60/60 by PABLOF7z (npub1l2v…ajft) , but can be generalized to hold more types of private information than just tokens.
The genesis of any #nsac is an #nsec - you can use your own, but not recommended- just generate an #nsac for which you, and only you know the corresponding #nsec
The cool thing is that an #nsac can be instantiated across multiple relays and take advantage of multiple providers such as mint and blossom servers.
I am already implementing a Python component called ‘safebox’ which is experimenting with the #nsac concept. It is solving some problems regarding custody - I will get into that in a later post.
Tim Bouma
npub1q6…nx7d5
2024-08-14 12:49:30
Author Public Key
npub1q6mcr8tlr3l4gus3sfnw6772s7zae6hqncmw5wj27ejud5wcxf7q0nx7d5Published at
2024-08-14 12:49:30Event JSON
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"created_at": 1723639770,
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"content": "I like this simple mental model for #nostr: \n\n#npub is your #nostr public key\n#nsec is your #nostr private key\n#nsac is your #nostr private wallet\n\nThe last one, #nsac, the kernel of the idea is taken from NIP-60/60 by nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft , but can be generalized to hold more types of private information than just tokens. \n\nThe genesis of any #nsac is an #nsec - you can use your own, but not recommended- just generate an #nsac for which you, and only you know the corresponding #nsec\n\nThe cool thing is that an #nsac can be instantiated across multiple relays and take advantage of multiple providers such as mint and blossom servers. \n\nI am already implementing a Python component called ‘safebox’ which is experimenting with the #nsac concept. It is solving some problems regarding custody - I will get into that in a later post.",
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