You have to trust the mints. If they disappear, you don't have your sats anymore!!!
Discussion
Innovation does not stop 😉
Soon™️ there will be multisig community and family mints (or equivalent) just like Federated mints
…and they’ll all be interoperable with mints built on the Fedimint protocol
👌
Great, thanks, good to know 🙏🏼🤙🏻
Yup. The difference being is that the mint issues credit notes that can be circulated, rather than having an account balance. Regardless of whether it is an account balance or credit note, you have to trust the issuer (I.e., mint). The only advantage of the credit note is that it is blinded, so an individual holder can’t be targeted.
Copy that, thank you 🙏🏼