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The creator of the Nostr protocol, Fiatjaf, claimed on December 4 that Nostr Assets operated under the guise of a proximity scam, allowing users to change their social profiles and followers on different platforms. Fiatjaf stated:
“Nostr Assets has no connection with the Nostr protocol itself. It only borrows the name Nostr for branding purposes. You should not deposit any funds into this platform.”
These allegations have not yet been proven by a legal institution. Nostr Assets developers dismissed these claims as baseless and made the following statement:
“Nostr Assets utilizes Nostr, Taproot Assets, and Lightning in its structure, which makes it related to Nostr. However, it is crucial to emphasize that Nostr is a decentralized, open-source, and censorship-resistant transfer network that anyone can build upon.”
On December 3, the total volume of NFT sales on the Bitcoin network exceeded $1 billion. Additionally, Ordinals, a meme token minted on the Bitcoin network, became the first Bitcoin token to reach a market value of $1 billion. BRC-20 tokens introduced by Web3 developer Rodarmor in January continue to gain popularity as one of the biggest technological advancements in a 15-year blockchain network.
Bitcoin Ordinals stands out as a numbering system that assigns a unique code to each satoshi for tracking and transfers. Through the Bitcoin Inscription process, which adds an additional data layer to each satoshi, users are enabled to possess unique assets in the Bitcoin ecosystem.
