Replying to Avatar calle

gm

Proof of Reserves for Cashu

Hey Cashu team,

I've been modeling Bitcoin's future and discovered something incredible: Cashu could generate large fees with 5B users, solving Bitcoin's security budget forever.

But there's one critical requirement: proof of reserves.

Without cryptographic proof that mints hold the Bitcoin they claim:

- First major rug pull kills the entire ecosystem

- Users won't trust mints with real money

- Regulators shut it down

Best

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Discussion

Once there are 1000+ mints, it's too late to coordinate. Building this into the protocol now means Cashu becomes THE way billions use Bitcoin.