Lemme get this straight 🤔
The "cool" thing about cashu or ecash tokens is that they're like cash
You don't need any lightning wallet, so there's that element of privacy and anonymity
amirite?
#asknostr
Discussion
To me ecash feels more like traveller's checks, but how many of you are old enough to remember those...🐸
I think privacy and anonymity are the biggest bits, things you don't necessarily get with lightning
... and zero fees on the zaps if you'd care to set a minibits.cash address😏
How so?
Cashu is untraceable
Lightning can be anonymous too.
All over tor
But you'd need your own node
Or use an anon node like the ones I offer
How does cashu work
Cashu ecash tokens are a bearer asset
Cashu is the protocol that makes the wallets work
You load up your cashu wallet by creating a lightning invoice
From there it's all private and anon
Lol its a layer on top of lightning?
More complexity
It's not technically a layer
You just load up your cashu wallet using lightning
Its lightning with extra steps
No no ... Lightning is a way to get sats into a cashu wallet. After that you don't use lightning at all
Download and install eNuts APK ... then you'll understand
Or go to wallet.cashu.me
Join a mint?
Sounds like centralization
I don't understand the mint bit
The cashu ecash tokens are like cash ... private and anon
Have you setup wallet.cashu.me
I'll DM you a cashu token once you've setup wallet.cashu.me or eNuts
Mints are run by a single entity. So theoretically there is risk of rug pulling. Cashu protocol is still custodial in that manner. You should know the risk when joining a mint because that is where your ecash sits. I just live by don’t put in more than you would be okay losing. Daily spending budget like cash in your physical wallet.
That's weird
Why can't your ecash sit on your phone? 🤔
Try eNuts APK