Article:
Sharon,
BlockBeats Writer
Table of Contents:
Nostr Protocol Founder Speaks Out, Calls Nostr Assets Token “100% Fraudulent”
Nostr Assets: We are a Custodial Solution, Should Not be Misinterpreted as Fraud
$NOSTR Launch Imminent, Website Previously Shut Down for Maintenance
Nostr Assets Protocol Controversy Resurfaces
On the evening of December 3rd, Nostr Protocol founder Fiatjaf (@fiatjaf) made his first public statement on social media in Chinese, stating, “Nostr Assets Protocol is a fully custodial service conducted under the name Nostr and is an affinity scam. Nostr Assets Protocol has no connection to the Nostr Protocol itself and only borrowed the name.”
This public statement has once again brought Nostr Assets Protocol into the spotlight of the cryptocurrency community.
Nostr Protocol Founder Speaks Out: Nostr Assets Token “100% Fraudulent”
According to observations by BlockBeats, this is Fiatjaf’s first public statement regarding the events surrounding Nostr Assets Protocol.
In this public statement, Fiatjaf also warns people not to deposit any sats into the Nostr Assets Protocol platform.
In fact, Nostr Protocol originated in 2019. On November 20, 2019, Fiatjaf began developing the Nostr Protocol with the goal of creating a simple, open, global, decentralized, and censorship-resistant social protocol.
On that day, he wrote on his blog:
Related Reading: “Nostr Founder Calls Lightning Network a Scam, What Happened to the Lightning Network?”
The Nostr Assets Protocol project, according to its official introduction, is a “LightningFi on Nostr” that helps users “send, receive, and trade Taproot Assets and BTC.” The project only opened its official Twitter account in April of this year.
On the surface, the two do have a certain degree of association, as explained in the official statement released by Nostr Assets Protocol in the early morning today.
Nostr Assets: We are a Custodial Solution, Should Not be Misinterpreted as Fraud
In the clarification statement released by Nostr Assets Protocol in the early morning, three key points were highlighted.
First, Nostr Assets Protocol stated that its main goal in building the Nostr Assets ecosystem is to “allow builders to create use cases on the Lightning Network and Nostr.” They also mentioned that Fiatjaf’s “fraud” accusations lack evidence, as Nostr Assets Protocol is a “custodial solution” that should not be misinterpreted as fraud.
“Many L-wallets (including Satoshi Nakamoto Wallet) provide custodial wallets for users to leverage the lightning network, which is considered fraudulent. They are crucial for providing users with excellent UI/UX.”
Second, Nostr Assets Protocol also pointed out that $NOSTR has no connection to the core developers of Nostr, and Nostr Assets Protocol “utilizes Nostr, Taproot Assets, and Lightning in its construction, making it related to Nostr.”
Lastly, Nostr Assets Protocol expressed its desire to establish a cooperative relationship with the Nostr team.
$NOSTR Launch Imminent, Website Previously Shut Down for Maintenance
BlockBeats has observed that Nostr Assets Protocol’s Fair mint, scheduled from November to December, may have significant news within the next two weeks. Some influential figures in the crypto community have also started promoting tutorials.
It may be during the growing popularity of $NOSTR in the community that the “fraud” accusations made by the Nostr Protocol founder against Nostr Assets Protocol have attracted widespread attention.
However, prior to this, Nostr Assets Protocol has faced community debates regarding their team background and project reliability due to the multiple website shutdowns for maintenance.
On November 7th, on the day of the announcement of the upcoming launch of Taproot Assets issuance and Fair Mint functionality, Nostr Assets Protocol announced on its social media platform that the website was temporarily closed for maintenance due to high load.
Then, from November 13th to 16th, Nostr Assets Protocol announced three more website shutdowns for maintenance, which sparked controversy within the community, suggesting issues with the Nostr Assets Protocol project.
Related Reading: “Nostr Assets Resumes BTC Deposits, Controversy Arises from Multiple Website Shutdowns”
BlockBeats will continue to monitor the dispute between the Nostr Protocol founder and Nostr Assets Protocol.
This article is authorized to be reposted from the Dapp BlockBeats.
