https://nostr.ae https://nostr.ae/npub1rkatdke2237uf5zw6pctfdgz8jvsrm6vrms0hrdcv6f22rv7f78qt3nvht https://nostr.ae/nevent1qqs2xwd58yf8pvre7lqq0adg46y8axsxdmkx9txuf36c6rx5kjzj0sszyqwm4dkm9f28m3xsfmg8pd94qg7fjq00fs0wp7udhpnf9fgdne8cu63yayw In reply to <a href='/nevent1qqs2rscguet4myhtgx99nutp5vvl55s8km367gjsqz9a8m6xszllakc68jdrt'>nevent1q…jdrt</a><br/>_________________________<br/><br/>📅 Original date posted:2011-12-13<br/>🗒️ Summary of this message: Amir Taaki argues that FirstBits is useless due to the exponential rise in resources needed as the number of participants in the network grows linearly. He proposes a shared naming scheme between bitcoin implementations.<br/>📝 Original message:On Mon, Dec 12, 2011 at 9:37 PM, Amir Taaki &lt;zgenjix at yahoo.com&gt; wrote:<br/>&gt; lol, way to miss the point nanotube.<br/>&gt;<br/>&gt; FirstBits *is* useless, but not for the reasons you specified. But simply because the resources it needs rises exponentially as the number of participants in the network grows linearly.<br/>&gt;<br/>&gt; The point is that if FirstBits were built into the implementation, that would allow me to simply send to 1brmlab. The proposal here is not for a website where people can lookup bitcoin addresses, but a shared naming scheme between bitcoin implementations. Here&#39;s the story again:<br/><br/>well, it&#39;s easy to miss the point when the example you use doesn&#39;t<br/>make the point you think you&#39;re making. :D<br/>but ok, yes, it would be nice to send directly to something like<br/>1brmlab from the client. i suppose figuring out how to make sure that<br/>1brmlab actually does send to whom you think it sends, is left to the<br/>details of implementation, but that&#39;s a separate question. 2023-06-07T02:46:09Z https://nostr.ae/nevent1qqsgqarfksh7p7rchtff72qdc55p72dukjncwp05mcxatv9jz60zjmszyqwm4dkm9f28m3xsfmg8pd94qg7fjq00fs0wp7udhpnf9fgdne8cukx5x76 In reply to <a href='/nevent1qqs0ghnu4z8xav7arej9ar3uhdrkckeyaqqredc7a03q2k2tk2jdz5sm0p6vm'>nevent1q…p6vm</a><br/>_________________________<br/><br/>📅 Original date posted:2011-12-13<br/>🗒️ Summary of this message: Person pays for Club Mate using Bitcoin without a mobile phone by using FirstBits to obtain the Bitcoin address from the website.<br/>📝 Original message:&gt; I was in brmlab and wanted to pay 1 BTC for a Club Mate. They had on the wall a picture of their QR code and a bitcoin address. I don&#39;t own a mobile phone so the QR code is<br/>&gt; useless. Then I remembered FirstBits, went to my terminal and typed<br/>&gt; 1brmlab. I got their bitcoin address from the website and copied that,<br/>&gt; then opened my terminal and pasted that in to send 1 BTC.<br/><br/>ok, imagine if firstbits didn&#39;t exist. instead of going to firstbits,<br/>you would have gone to your terminal, opened up brmlabs website, and<br/>copied the address from there?<br/><br/>there may be some arguments for name-&gt; address translation, but i&#39;m<br/>sorry to say, that your example is not one of them. if anything, it<br/>seems to suggest that firstbits is completely useless, since it saves<br/>approximately zero effort. 2023-06-07T02:45:59Z