Nostr is becoming an unstoppable force.
Nostr is an open-source project aiming for the simplest open protocol to create a censorship-resistant global "social" network. The work is still in progress, but it is strong. Meanwhile, ChatGPT, a natural language processing model developed by OpenAI, is catching on in the developer community for its ability to understand and generate human-like responses via text. Productivity is up because of it. But it wasn't until William implemented Nostr, Lightning, and ChatGPT together that the longed-promised prophecy of the open web revealed itself.
Future of value extraction on the open web
The open web is the key to unlocking a brighter future where everyone has equal access to information, opportunities, and innovation. An open web is a web by and for all its users, not select gatekeepers or governments. If the thesis of a more decentralized web comes to fruition, how do we interface with it? HTTP is an extensible protocol that is easy to use. The client-server structure, combined with the ability to add headers, allows HTTP to advance along with the extended capabilities of the Web. WebGL and WASM are used heavily for web apps like Figma, and both standards take a principled and practical approach to achieve native performance on the Web. The Web is the closest we have to an open universal platform, and we need to embrace it. We are moving towards a future where the browser will be the most critical application in our lives. In its current state, it lacks lightning integration, privacy protection, and better search. (🙈 Sorry, not sorry, Google.)
Time and attention is of the utmost importance
How we spend our time, energy, and money constantly evolves. Attention is a valuable commodity today, as it is required to access and consume online content and services. (The cost of attention varies on different media channels, our footprint was huge, almost exclusively in the United States.)
Unlike money, there is no way to store attention for later use. The future of value extraction on the open web may lie in integrating Lightning payments and the Nostr protocol. Lightning is a payment protocol built on top of the Bitcoin blockchain that enables faster and cheaper transactions, while Nostr is a really simple protocol with a fantastic developer UX. These protocols could enable seamless and efficient micropayments on the open web for various use cases, such as online content purchases, micropayments for access to specific web pages, and other low-hanging fruit.
However, it is essential to note that these protocols' actual implementation and success will depend on factors such as user adoption and user experience. Additionally, extracting value from the open web will be more challenging with the integration of Lightning payments. Not in finality but in difficulty around websites charging X number of sats to access certain content or services. (💯 This is why community will be far more critical in the near future.)
To overcome this challenge, OpenAI's ChatGPT could potentially be used to help provide a more natural and intuitive way for users to interface with lightning and could help explain the benefits of bitcoin.
In theory, ChatGPT could be used to develop an automated chatbot that can assist users with making micropayments by answering questions about the process, providing instructions, and troubleshooting.
Time and attention are valuable in the socially capitalized world we find ourselves in, and to extract that value, highly creative people must develop new ways to do so. Still, the actual impact of extracting value from the open web will depend on factors such as user adoption, user experience, and supporting infrastructure development. Either way, I am here for it and up for the challenge. Lets build.