fbpx
  • About Us
  • Contact
  • Sponsored Content
  • Price Tracker
  • Write for Us
  • Terms and Conditions
Coin Culture
  • Markets
  • Policy
  • Tech
  • People
  • Business
  • 101 Guide
    • Bitcoin Guide
    • Blockchain Guide
    • Ethereum Guide
    • DeFi Guide
    • Trading Guide
    • ICO guide
    • Bitcoin Cash Guide
    • Ripple Guide
    • NFT
    • Dogecoin guide
  • Hot topics
    • NFT
    • Metaverse
    • Games
    • Forecast
  • Exchanges
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Crypto.com Review
      • Crypto.com Review
      • Swyftx Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx
      • CoinSpot vs Digital Surge
      • CoinSpot vs Coinbase
      • Coinspot vs Binance
      • CoinSpot vs Kraken
      • CoinSpot vs Independent Reserve
      • CoinSpot vs Bitfinex
      • Coinspot vs Plus500
      • CoinSpot vs Bittrex
      • CoinSpot vs BTC Markets
      • CoinSpot Vs Etoro
      • CoinSpot vs Cointree
      • CoinSpot vs KuCoin
      • Crypto.com Vs Coinbase
      • Crypto.com vs Binance
      • Swyftx vs. Independent Reserve
      • Swyftx vs. CoinJar
      • KuCoin vs. Coinbase
No Result
View All Result
Coin Culture
  • Markets
  • Policy
  • Tech
  • People
  • Business
  • 101 Guide
    • Bitcoin Guide
    • Blockchain Guide
    • Ethereum Guide
    • DeFi Guide
    • Trading Guide
    • ICO guide
    • Bitcoin Cash Guide
    • Ripple Guide
    • NFT
    • Dogecoin guide
  • Hot topics
    • NFT
    • Metaverse
    • Games
    • Forecast
  • Exchanges
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Crypto.com Review
      • Crypto.com Review
      • Swyftx Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx
      • CoinSpot vs Digital Surge
      • CoinSpot vs Coinbase
      • Coinspot vs Binance
      • CoinSpot vs Kraken
      • CoinSpot vs Independent Reserve
      • CoinSpot vs Bitfinex
      • Coinspot vs Plus500
      • CoinSpot vs Bittrex
      • CoinSpot vs BTC Markets
      • CoinSpot Vs Etoro
      • CoinSpot vs Cointree
      • CoinSpot vs KuCoin
      • Crypto.com Vs Coinbase
      • Crypto.com vs Binance
      • Swyftx vs. Independent Reserve
      • Swyftx vs. CoinJar
      • KuCoin vs. Coinbase
No Result
View All Result
Coin Culture Logo
No Result
View All Result

Home » Jack Dorsey Funds Social Network Nostr 14 BTC

Jack Dorsey Funds Social Network Nostr 14 BTC

Lucas N by Lucas N
December 19, 2022
in People
Jack Dorsey Funds Social Network Nostr 14 BTC
Share on FacebookShare on Twitter

After recently releasing his ideas on a native internet protocol for social media, the former CEO of Twitter has given around 14 BTC worth $245,000 to facilitate the development of Nostr.

You might also like

Elon Musk To Step Down As Twitter CEO, Announces Replacement

Sam Bankman-Fried Using Gifted Alameda Funds To Pay For Legal Defense

Do Kwon Charged With Criminal Fraud By U.S. Prosecutors

Jack Dorsey contributed around 14 BTC, valued at approximately $250,000, to continue to support the development of Nostr (short for Notes and Other Stuff Transmitted by Relays).

After it was revealed that Jack Dorsey would give $1 million yearly to the encrypted messaging app Signal, Koty Auditore turned to Twitter to ask Dorsey to finance Nostr. This was in response to a blog post in which Dorsey expressed the need for a native internet protocol for social media.

Two hours later, Dorsey responded to the tweet by claiming he was figuring out how to accomplish it. Approximately twenty-four hours later, he sent funds to developer fiatjaf.

excellent writeup of problems and solutions…excited to see this. and public domain: https://t.co/bCXRwQNC0p

— jack (@jack) December 14, 2022

Nostr is an open protocol that intends to build a censorship-resistant social network on a global scale. The protocol does not rely on a central server; each user operates a client. 

Using this client, users publish material by composing a message, signing it with their private key, and transmitting it to other servers, which subsequently relay it. Simple relays are used: Their sole responsibility is to take messages and forward them to relay participants.

Dorsey co-founded Twitter in 2006 and left on November 29, 2021, allowing the firm to move on from its founders. He remained the chief executive officer of Block – a firm committed to advancing economic empowerment through its portfolio firms. 

Since his departure from Twitter, the firm that Elon Musk now controls, has endured a rocky patch, forcing some users to explore alternatives like Urbit and Mastodon.

 

Tags: Bitcoin News
Lucas N

Lucas N

Lucas N is Coin Culture's managing editor for people and market, covering opinon, interview and market analysis. He owns Near, Aurora and Chainlink

Recommended For You

Elon Musk To Step Down As Twitter CEO, Announces Replacement

by Van Tran
May 13, 2023
0
Elon Musk To Step Down As Twitter CEO, Announces Replacement

Elon Musk, the CEO of Twitter, has tweeted that he will transition to the executive chair and chief technology officer in around six weeks.  Musk confirmed that he...

Read more

Sam Bankman-Fried Using Gifted Alameda Funds To Pay For Legal Defense

by Van Tran
March 31, 2023
0
Sam Bankman-Fried Using Gifted Alameda Funds To Pay For Legal Defense

Former FTX CEO Sam Bankman-Fried (SBF) reportedly used the millions of dollars he gifted his father from Alameda Research to finance the legal team defending him against federal...

Read more

Do Kwon Charged With Criminal Fraud By U.S. Prosecutors

by Lucas N
March 25, 2023
0
Do Kwon Charged With Criminal Fraud By U.S. Prosecutors

Do Kwon, the founder of Terraform Labs, was charged with fraud by federal prosecutors in New York after his detention by police in Montenegro. Kwon, whose location was...

Read more

Ethereum Co-founder Says ETH Won’t Be Categorised As Security

by Lucas N
February 12, 2023
0
Ethereum Co-founder Says ETH Won’t Be Categorised As Security

Joseph Lubin, the co-founder of Ethereum and cryptocurrency entrepreneur, believes that Ether will not be classed as a security in the United States.  Upon being asked if ETH...

Read more

Best Crypto Youtube Channels For Crypto Enthusiasts 2023

by Pat Daniel
January 20, 2023
0
Best Crypto Youtube Channels For Crypto Enthusiasts 2023

Are you looking to get started on cryptocurrencies but not sure how to go about it? Youtube is the best place to start your research. Having the right...

Read more
Next Post
The Art World Underestimates the Power of NFTs

The Art World Underestimates the Power of NFTs

Most popular

  • Nike's.SWOOSH Web3 platform has successfully launched its inaugural collection of non-fungible token (NFT) sneakers, generating over $1 million in sales.

    Nike NFT Sneakers Sell Like Hot Cakes, Surpassing $1M

    152 shares
    Share 61 Tweet 38
  • No AUD for Binance? What are the alternatives?

    104 shares
    Share 42 Tweet 26
  • 20 Best Crypto Copy Trading Platforms: A Curated List 2023

    296 shares
    Share 118 Tweet 74
  • Central Banks And BIS Continue To Look Into rCBDC Policy Issues

    88 shares
    Share 35 Tweet 22
  • Guide To Crypto Twitter: Influencers, Traders And Ventures 2023

    1011 shares
    Share 404 Tweet 253

Recommended

Australia Intends To Ban High-Risk AI Despite Economic Potential

Australia Intends To Ban High-Risk AI Despite Economic Potential

June 4, 2023
Japan’s Airline ANA Releases NFT Marketplace, Embracing Metaverse Projects

Japan’s Airline ANA Releases NFT Marketplace, Embracing Metaverse Projects

June 3, 2023
EU Officially Signs Markets in Crypto-Assets (MiCA) Bill Into Law

EU Officially Signs Markets in Crypto-Assets (MiCA) Bill Into Law

June 2, 2023
No AUD for Binance? What are the alternatives?

No AUD for Binance? What are the alternatives?

June 1, 2023
Facebook Twitter Instagram
coin culture logo

Your Australian news source for all things cryptocurrency. Coin Culture is an independent media outlet that aims to provide an Aussie take on crypto, digital assets, and investing.

Hot Topics

  • DeFi
  • NFT
  • Gaming

Top articles

CoinSpot Review
Swyftx Review
Best Crypto Exchanges Australia
CoinSpot vs Swyftx

BROWSE BY TAG

Adoption Altcoin News Banks Bitcoin Bitcoin News btc Business Cardano Cardano News CBDC China CoinSpot Crypto Cryptocurrencies Crypto Exchange DeFi Dogecoin News El Salvador ETF Ethereum Exchanges Feature FTX Games hacks Markets Metaverse Mining NFT NFT Game Opinion People Policy and Regulation SAM SEC Security Solana Stablecoins Tech Terra Top Crypto News Australia | CoinCulture Trading U.S. US web3

© 2022 CoinCulture. All rights reserved.

No Result
View All Result
  • Markets
  • Policy
  • Tech
  • People
  • Business
  • 101 Guide
    • Bitcoin Guide
    • Blockchain Guide
    • Ethereum Guide
    • DeFi Guide
    • Trading Guide
    • ICO guide
    • Bitcoin Cash Guide
    • Ripple Guide
    • NFT
    • Dogecoin guide
  • Hot topics
    • NFT
    • Metaverse
    • Games
    • Forecast
  • Exchanges
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Crypto.com Review
      • Crypto.com Review
      • Swyftx Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx
      • CoinSpot vs Digital Surge
      • CoinSpot vs Coinbase
      • Coinspot vs Binance
      • CoinSpot vs Kraken
      • CoinSpot vs Independent Reserve
      • CoinSpot vs Bitfinex
      • Coinspot vs Plus500
      • CoinSpot vs Bittrex
      • CoinSpot vs BTC Markets
      • CoinSpot Vs Etoro
      • CoinSpot vs Cointree
      • CoinSpot vs KuCoin
      • Crypto.com Vs Coinbase
      • Crypto.com vs Binance
      • Swyftx vs. Independent Reserve
      • Swyftx vs. CoinJar
      • KuCoin vs. Coinbase

© 2022 CoinCulture. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.
  • bitcoinBitcoin(BTC)$27,074.00-0.36%
    BITCOIN
    24H : -0.36%
    Volume : $434,571,056,930.00
    Marketcap : $525,225,700,179.00
  • ethereumEthereum(ETH)$1,894.35-0.37%
    ETHEREUM
    24H : -0.37%
    Volume : $3,678,096,917.00
    Marketcap : $227,806,100,542.00
  • tetherTether(USDT)$1.00-0.03%
    TETHER
    24H : -0.03%
    Volume : $12,100,201,471.00
    Marketcap : $83,193,030,746.00
  • binancecoinBNB(BNB)$306.19-0.14%
    BNB
    24H : -0.14%
    Volume : $321,889,949.00
    Marketcap : $48,355,564,191.00
  • usd-coinUSD Coin(USDC)$1.0000.0100%
    USD COIN
    24H : 0.0100%
    Volume : $1,593,211,653.00
    Marketcap : $28,906,757,978.00

Add New Playlist