What’s ecash. Can someone explain briefly ?
✨ Released ✨
How to receive Ecash from mint A to your trusted mint B in cashu.me
Enable in Settings > Experimental > Receive swaps.
Let there be a thousand mints! https://blossom.primal.net/ca38fa0461949437e990eee0c683d5de0f1610503eb67067425f271cc4895644.mp4
Discussion
you send sats to a "mint" and get a shitcoin token they print.
but you can use it instantly and privately (Where Accepted™) and *should* be able to swap back for your sats at any time.
and convert to a different mints tokens eventually.
anyone (or group of anyones) can setup a mint.
early days, can be rugged, use with caution.
Soo why would I use this as oppose to just sending the sats ? For privacy?
I’m trying to understand it.
It has much lower overhead for the end user and can be used like cash.
Also, as the mint is blinded and doesn't see the movement of tokens. So its good privacy.
Basically custodial Lightning but with a better user experience.
This what ecash looks like, if you have an app with a cashu wallet you can claim these sats.
cashuBpGFteCJodHRwczovL21pbnQubWluaWJpdHMuY2FzaC9CaXRjb2luYXVjc2F0YXSBomFpSABQBVDwSUFGYXCDo2FhEGFzeEA2YzJkODlmNzc2Y2E0OGNiMmE5Zjc1OGViYmY1OWE2YTNjZmMyOWUxZjZlMmI1NjYxNTMwMGE5YWZhYTE4OTkxYWNYIQKoNybMl28cGAXoyS8Ldf-JjaPqib1Nix-JHLrihxVaOKNhYQRhc3hAMmUyMzQwY2IyN2IxODBjZjI4YmJkNTIxNWM4NjVlN2I0ZjgzN2JlMjMzYWI0MDhkODUzOWQ0YmIyOGI1ZWU1OWFjWCECZ3uQXHhAOVYoOtkujAmNiXCWwgwxg--zQnt_Oekj5CKjYWEBYXN4QDkwZjc5ZjM3YTNhNTBjYTc0MGNiOWE2MjEwOWI5N2RhZTVlM2NlMTdjMDNjODNiN2M5NzQ5ZmQ3ZmM5NjllY2VhY1ghAqYbIJcnKgLO4G2lW2frqZp2qDpWbS97EeLhBebXleq3YWRyU2VudCBmcm9tIE1pbmliaXRz