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utxo the webmaster 🧑‍💻 2y ago

If you gift someone ecash and they lose the string, the sats aren't lost, which is a pretty sweet way for the network to stop losing coins.

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mark tyler 2y ago

What exactly happens? Wouldn’t they show as pending withdrawal, maybe until I Lightning out of the mint and back in?

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utxo the webmaster 🧑‍💻 2y ago

It just stays in the mints node, for them to keep

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The Daniel 🖖 2y ago

The mint’s node can reclaim the sats by closing the channels, I assume. And the sender can also revoke the token by claiming it themself.

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mark tyler 2y ago

Oh and duh, I could redeem them if they aren’t available for ln withdrawal

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ภ๏รtг๏ภคยt 2y ago

Problem is folks are on board hearing ecash.

Not so much when they find out, it's me sending them bitcoin, again. 🤣

Fuckin normies....

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The Daniel 🖖 2y ago

Tell them they’re nuts. 🌰

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ภ๏รtг๏ภคยt 2y ago

Oh every time....

"🙄 It's bitcoin again..."

Me - "Your fucking NUTS!"

🤣

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Bitcoin Sikho 2y ago

Is it true that the string is just text that can be sent via sms or any other medium?

It’s like sending the string but not locking the string to another private key, so if the other person doesn’t add the sats to their wallet, it just stays in your wallet