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calle 1y ago

With Stablenuts (USD Ecash backed by BTC), we can finally conclude that Ecash is indeed a shitcoin.

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Niel Liesmons 1y ago

Noob question: what does "backed" mean in this case. That you can always exchange your $1 ecash for $1 of bitcoin at the mint?

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calle 1y ago

Yes, exactly. There are several ways to achieve this:

- Stablesats [1]

- DLCs [2]

- Stablechannels [3]

[1] https://stablesats.com/

[2] https://10101.finance/

[3] https://github.com/toneloc/stable-channels

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redsun 1y ago

could you elaborate please?