Currently a wallet is composed of a bunch of nuts that make up your entire balance. We must do this to maintain privacy (all nuts with the same amount look the same to the mint).

When we hide the amount, we can store the entire wallet in a single nut while having better privacy than today. Wallets will be less than 1kb in size.

We will put them literally everywhere.

It will be in-fucking-sane

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Discussion

Interesting keep us posted

How reliable are payments compared to say lightning where payments still fail sometimes?

Cashu uses Lightning for inter-mint payments. A mint likely has better channels than an ordinary user but Lighting remains Lightning.

Intra-mint payments always settle instantly.

Ok so mints are built on Lightning network then is that right?

Yes

Layer 3 enters the chat

nostr is becoming the world wide banking protocol

Facts

yes

we ain't seen nothin yet

protocol

open source

no limits

LFG!

*this response brought to you by #GifBuddy

nostr:note125hx5hklz5l0vxwg37qu7ky9encmkpqsmg0tet3tfyn8jg9rt58q0mfntw

Bruv nuts within nutz tesseract-nut-4d

A nut in every application 🫂

Nutrections for everyone

I have no idea what is going on

Sounds amazing! Can I read more about this somewhere?

If you want to get knee-deep into the crypto:

WabiSabi paper on KVAC used for CoinJoins: https://eprint.iacr.org/2021/206.pdf

The Signal Private Group System and Anonymous Credentials Supporting Efficient Verifiable Encryption: https://eprint.iacr.org/2019/1416

We'll publish more resources on as we build out the protocol for Cashu.

So cashu is coinjoin on Lightning?