There will be a better solutions than ecash.
Regarding custodial wallets vs ecash yes it might slightly be better but you can be rugged much more harder with mints vs let’s say one known custodial wallet like WoS lets say.
“Run your own ecash mint” the same questions can be why don’t you run just a lightning node 🤷♂️
> Regarding custodial wallets vs ecash yes it might slightly be better but you can be rugged much more harder with mints vs let’s say one known custodial wallet like WoS lets say.
why? it's the *exact* same trust model
> “Run your own ecash mint” the same questions can be why don’t you run just a lightning node 🤷♂️
sure, but people don't, so if it's going to be custodial, why not just go with something that is far cheaper, faster and more reliable?
Why? Because there will be a lot of scam mints vs few custodial wallets that’s been in this space for a while.
Sure, it’s better faster and more reliable but why not to focus on building something that can do the same but without having a trust model? Isn’t Satoshi created bitcoin to eliminate third parties ?!
Hold up, this isn't correct. A mint cannot rug you as easily as a custodial LN wallet. With custodial lightning, you're an entry in their DB. They can single you out, deplatform, and/or censor you. A mint cannot do this. A mint can't rug individuals, it's all or nothing. They rug everyone or no one. The reputational cost is vastly different.
