no, the receiver reissues the token when they receive it preventing you from double spending
Discussion
Can you explain to me (or point me to the details) of how the tokens are reissued? I thought to swap you have to connect to the mint? Or is reissuing different from swapping?
yes the receiver has to be online to prevent the double spend of the Bitcoin iou. but we're not even talking about Bitcoin at this point, which is why it's misleading.
Ok, I kinda wanted to be wrong about this but that's what I understood from the protocol docs. I thought calle was just overselling it but their messages in this thread feel downright deceptive.