Founder of Nostr Accuses NOSTR Token of Fraud Nostr Assets Team Issues Urgent Statement Clarifying

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Sharon, BlockBeats Content Directory: Nostr Founder Fiatjaf Speaks for the First Time, Calling Nostr Assets Token “100% Fraudulent” Nostr Assets: We are a Custodial Solution, Not to Be Misunderstood as Fraud $NOSTR is about to launch, website has been shut down for maintenance multiple times prior Nostr Assets Protocol Controversy Resurfaces. On the evening of December 3, Nostr Protocol founder Fiatjaf (@fiatjaf) posted a statement in Chinese on social media, stating: “Nostr Assets Protocol is a fully custodial service using the name Nostr, it is an affinity scam. Nostr Assets Protocol has no relationship with Nostr Protocol itself, only borrowing the name.” This public statement has once again made Nostr Assets Protocol the focus of attention in the cryptocurrency community. Nostr Founder Speaks for the First Time: Nostr Assets Token “100% Fraudulent” According to BlockBeats observations, this is Fiatjaf’s first public statement on the Nostr Assets Protocol related events. In this public statement, Fiatjaf also warns people not to recharge any sats to the Nostr Assets Protocol platform: In fact, the Nostr Protocol originated in 2019. On November 20, 2019, Fiatjaf began developing the Nostr Protocol, hoping to create a simple, open, global, decentralized, and censorship-resistant social protocol. On that day, he wrote in his blog: Related reading: “Nostr Founder Claims Lightning Network is a Scam, What Happened to the Lightning Network?” The Nostr Assets Protocol project, according to its official introduction, is a “LightningFi on Nostr,” which can help users “send, receive, and trade Taproot Assets and BTC.” This project only opened its official Twitter account in April of this year. On the surface, there is indeed a certain level of connection between the two, as explained in the official statement released by Nostr Assets Protocol in the early morning today. Nostr Assets: We are a Custodial Solution, Not to Be Misunderstood as Fraud In the clarification statement released by Nostr Assets Protocol in the early morning today, three key points were highlighted. Firstly, Nostr Assets Protocol stated that its main goal in building the Nostr Assets ecosystem is to “allow builders to establish business use cases on the Lightning Network and Nostr,” and Fiatjaf’s “fraud” accusation lacks basis, as Nostr Assets Protocol is a “custodial solution” and should not be misunderstood as fraud. “Many L wallets (including Satoshi wallets) provide custodial wallets for users to take advantage of the Lightning Network, which is crucial for providing users with excellent UIUX.” Secondly, Nostr Assets Protocol also pointed out that $NOSTR has no relationship with 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 hope to establish a cooperative relationship with the Nostr team: $NOSTR is about to launch, and there may be significant news in the next two weeks from the Fair mint from November to December observed by BlockBeats, with some crypto community KOLs beginning to promote tutorials. Perhaps it is as $NOSTR gradually heats up in the community, the accusations of “fraud” against Nostr Assets Protocol by the Nostr Protocol founder have attracted widespread community attention. However, prior to this, Nostr Assets Protocol has sparked debates in the community over its team background and project reliability due to multiple website shutdowns for maintenance. On November 7, on the day it announced the upcoming launch of Taproot Assets issuance and Fair Mint functionality, Nostr Assets Protocol announced on its social platform that the website was temporarily shut down for maintenance due to load issues. Subsequently, from November 13-16, Nostr Assets Protocol announced three times the shutdown of the website for maintenance, sparking community controversy, believing that there were issues with the Nostr Assets Protocol project. Related reading: “Nostr Assets Resumes BTC Deposits, Controversy Arises from Multiple Website Shutdowns for Maintenance” BlockBeats will continue to monitor the dispute between the Nostr Protocol founder and Nostr Assets Protocol. This article is authorized for reprint by BlockBeats.