#shum
Discussion
I don’t know what that means
This has been a fruitful thread, got to mute a handful of shitcoiners.
While I don’t agree with Monero crowd on a lot of things I do appreciate that they value privacy as it is critical component to freedom in the digital age and the Cypherpunk ethos.
Yes. I wish bitcoin was more private.
Glad Samourai is working on things like whirlpool and paynyms!
Need more wallets to implement these tools
Absolutely. Mutiny wallet sounds like it will have some options
Yea interested to hear about it. Also heard Stack Wallet is implementing paynyms and whirlpool. Never used it but glad to hear it’s being implemented more. Right now there are zero whirlpool options for mobile on iOS. ZERO! And only Samourai on Android!
Some of y'all might wanna tune into BTC Sessions right now and see how Cashu is gonna allow for anonymous payments to be made over Nostr. More game over for XMR
I’m super surprised XRM hasn’t rugged yet considering it’s a hard fork of Bytecoin and is anonymous.
That was the whole reason it was forked from it
That makes no sense Bytecoin team was anonymous and XMR was forked like 3 years before Bytecoin rugged… stop making excuses shitcoiner your clearly new to the space.
I was sloppily referring to the premine.
Maxis have abused the word "shitcoin" so much it has lost all meaning. Bitcoin could be a corporate mining farm NFT surveillance coin with centralizing custodial cucked layer 2 solutions and you would STILL call everything a shitcoin.
wait...it already is all of that, oops 🤭
Monero is trash and is literally a shitcoin it makes no real progress and for good reason. Monero was nice to mine in 2017 but that was about the only good use case. It’s as useless and stupid as Helium mining was this cycle. Shitcoin is used for good reasons look at all the coins that have come and gone that claim the same useless utility’s as Monero. 2017 cycle was privacy coins. 2020 was NFT’s and ERC-20. People are now thinking AI is the next cycle. It’s all irrelevant in comparison to the king that is Bitcoin scarcity is all that matters. Even if Monero doesn’t rug it’s fat load shit. 💩🤣
Bitcoin is finally taking it's rightful place as the original king of NFTs with ordinals and inscriptions. I don't know where you get off calling NFTs shitcoins in your glass house 😂
Oh is scarcity all that matter? As it turns out, Monero is currently scarcer than Bitcoin! 😱
Monero king confirmed by BTChodl? 👑
Monero:
?cid=6c09b9528jas3wk1ypsjtar0p8gqr8s4lip0chlshu6vdifo&rid=200.gif&ct=g
the more tyranny in the world, the more privacy is needed. satoshi nakamoto in nr.10 of his paper (privacy) described monero. bitcoin is an open book. there is nothing new except for lightning which does not run on the bitcoin blockchain. the lack of change makes bitcoin so extremely strong and sturdy against attacks. eth got attacked successfully, almost every other coin got attacked. bitcoin, monero and litecoin never got successfully attacked even though it was tried a million times or more. all three have a purpose even litecoin which is extremely fast and more private than bitcoin. nothing tops the privacy of monero. also as a store of value it served better in the last year.
Charlie Lee and Carlos Mantos were the Sam Bankman and Alex Mashinsky of 2018 Litecoin is not needed it had a small scale rug pull done by it’s creator. You guys can buy into dead and forever inflating chains I’m gonna stick with the Bitcoin standard good luck.
Goodluck out there with those future killer $1000 tx fees to move $5.
Don't be a stranger. I might have a couple super rare sats to sell you soon that are worth 100,000s of sats each. No worries though - still completely fungible 💯💯💯👍
Now that’s overdramatic. 🤣
i have a question for you: is gold fungible?
If I give you gold and don't tell anyone is there any reason it can't be exchanged elsewhere for equal value? Even if i were a known criminal no one could know where you got your gold unless you told them. The fungibility problem on btc is because you can track SATs across the network and decisions can be made to reject coins coming from a particular wallet thus making those coins of not equal to other coins
Bitcoin is used best p2p as it’s only trusted third parties that would blacklist coins. The normal user will simply check for confirmation on chain. I think buying p2p and whirlpool help this issue.
very smart people like michael saylor always claim that bitcoin is digital gold.
gold is fungible.
bitcoin is not fungible.
litecoin is digital gold, not as good as gold but better than bitcoin
monero is pure digital gold
Bitcoin is fungible
as much as ice is warm
My node values all sats equally
which is math. that does not make it fungible
If a business doesn’t accept certain denominations of bills does that make all cash non fungible ?
They are interchangeable therefore they are fungible
your own coins are interchangeable with each other. that does not make bitcoin fungible. i give you an example: you could own a bitcoin in your utxo which was used by another person for buying a fake id on onion and it is marked. in some situations it would be treated differently than a freshly mined or bought btc because it is clearly trackable and traceable. the good thing with bitcoin and any other decentralized coin is that it cannot be confiscated or stolen (if you self-custody and know how to protect it). but it is not fungible and as such it is not interchangeable and not treated equally, you could face some problems in acceptance in certain places. a fungible coin can fix this
Bitcoin is fungible on the protocol level, but is not fungible in practice in the real world because it's history is not private. Public history is an attack surface.
We can have pockets of fungibility within Whirlpool, but as a whole it is not fungible.
Is our goal p2p digital cash?
If I hand you a $100 bill, you only see our immediate transaction. Unless I choose to reveal where I got it from (default privacy) and even then I can only reveal my own history with the bill (view key).
I zap you sats via lightning on nostr.. this would be a no, they are not traceable bc a UTXO has not been sent
Lightning can be deanonymized
> We present clustering heuristics that group BTC addresses, based on their interaction with the LN, as well as LN nodes, based on shared naming and hosting information. We also present linking heuristics that link 45.97% of all LN nodes to 29.61% BTC addresses interacting with the LN. These links allow us to attribute information (e.g., aliases, IP addresses) to 21.19% of the BTC addresses contributing to their deanonymization. Further, these deanonymization results suggest that the security and privacy of LN payments are weaker than commonly believed, with LN users being at the mercy of as few as five actors that control 36 nodes and over 33% of the total capacity. Overall, this is the first paper to present a method for linking LN nodes with BTC addresses across layers and to discuss privacy and security implications.
Ok I’ll send you 1 sat via zap. If you can find out who I am I’ll send you 100,000 sats. If not you can send me 100,000 sats. Deal?
Like Bitcoin, a lot of gold is custodied and KYC’d, so while fungible some ownership could be tracked
Even if you had serial numbers on it you could just melt it down
So is cash non fungible you can’t melt cash down it bursts into flames every time I try this? 💵 🔥
both cash and gold are fungible. bitcoin is not fungible, monero is
Cash can be traced so by your definition it is not fungible
That's why criminals in movies always ask for non sequential unmarked bills
The fungibility of cash relies on the expectation that serial numbers largely aren't logged when money transfers ownership. Each bitcoin basically has a serial number and a transaction history attached to it. There are no unmarked bills.
This is simply wrong. There is no “each Bitcoin “ - there are UTXOs which are combined and recombined. Sometimes traceable sometimes not ( if by traceable we mean tied to an identity)
That's relatively new and not because they are being spent more frequently day to day than a lower denomination. They sit in foreign banks mostly.
> Not exactly. While overall demand for US currency is indeed on the rise, most $100 bills are held abroad. According to the Federal Reserve Bank of Chicago, nearly 80 percent of $100 bills—and more than 60 percent of all US bills—are overseas, up from roughly 30 percent in 1980.
Lol I'm using a concept know as analogy
This guy gets it
The most common paper bill is the US $100
the person can be traced, gold cannot be traced or tracked. it can be marked but it could even be melted. it is 100% fungible
Bitcoin can be whirlpooled about the same
Yes but will use of mixers and such ultimately taint the whole batch? Wasn't tornado cash in the news not that long ago?
There is 185M ish is unspent value on Whirlpool seems to be working fine
Whirlpool isn’t illegal so it’s not an issue
Where is the bart meme with the broken window.
It isn't illegal yet.
Bootlicking attitude
Hardly. I never said I won't do things the gubment doesn't like, I just think why paint a target on your back for when they decide something you are doing is no longer acceptable. With XMR, even if they ban it they will have a hell of a time tracking everyone down using it. There is a bill going through our government right now to try and define everyone who maintains custody of their own keys as a financial institution who would be held to KYC laws and the like. Does that mean if they push it through and it becomes law, I am going to suddenly start asking for drivers licenses from people I transact with? Not likely, but why even make it possible for someone to know I transacted in the first place?
I’m curious. Why is #monero trash? Is it the default privacy and fungibility? Is it the decentralization via CPU mining? PoW? Dynamic block size? Tail emissions? Is it because it wasn’t the first, or it’s market cap is so much smaller than #BTC?
I think there are beneficial use cases for a private digital cash like Monero. Just as there are beneficial use cases for Bitcoin as digital property with an open, transparent ledger.
The beauty of the free market is that they both can co-exist, in parallel, because the user decides what’s best. Why does it have to be a pissing contest?
Why diversify? Choose stability over flexibility.
I'll choose something that others have heard of and place value in.
Because it offers critical components that bitcoin lacks. Privacy and fungibility required to be p2p digital cash. It is so simple. Fix that and no one will need Monero.
"I'll choose something that others have heard of and place value in. "
Fiat?
If you buy and spend p2p there is essentially zero fungibility and privacy risk. Can be seen on chain but with no identify attached to UTXOs it is private. Private does not equal anonymous.
Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power to selectively reveal oneself to the world.
Eric Hughes
Cypherpunk Manifesto
The problem is that most people on ramp to crypto at centralized exchanges where this filtering exists. It's fine that you take the right steps to avoid being screwed from the traceable nature of the chain, but it is traceable and that can result in lost funds for people who aren't even aware that this risk exists.
💯
This is true if you only transact anonymously and P2P, which means not using it as digital cash. If you gave that Bitcoin to your grandma, or to a business, you might unknowingly be giving them Bitcoin that was stolen in ransom attacks or used in DNM’s, and which would get their account frozen if/when they try and exchange it for fiat.
Cash must be memoryless to fulfill its function as cash. It must be highly fungible and liquid in order to permeate all areas of society and circulate between strip clubs and churches without ever developing a history or an identifying characteristic.
Purchasing anonymously and P2P protects your privacy, but it changes nothing about the fungibility of the Bitcoin itself. If you use anonymous P2P Bitcoin as cash, you could be putting others at risk who might naively deposit a ransomed BTC into Coinbase.
If you gave your grandma cash stolen from a bank your grandma might get interrogated and accounts frozen. So cash is not fungible either under your criteria.
Or you might get arrested at the border because your bills have traces of drugs on them. Cash is not fungible. Cash can be traced by SN therefore not fungible. See how rediculous this FUD is when your really logic the same criteria to cash. Under this criteria cash is non fungible but most people consider cash fungible. These theoretical outlier cases are FUD.
The difference is that serials aren't generally tracked in each transaction which allows gaps to exist.
Yes one is a physical good and one is a digital “good” so they have different characteristics however a sat is interchangeable for another sat this is what fungibility is. They are equal. Traceability is a person liability not a bitcoin liability. Just like cash be traced to illegal activity is a personal liability not a liability to cash.
Ignoring ordinals and the fact that some sats are apparently more equal than others, there is a huge difference between serialization and a totally open ledger of transaction history. Banks can see entry and exit points, but Chainalysis can watch the actual flow from wallet to wallet and track the exact trajectory of each coin easily. This is a huge amount of data, which means you’re not only forever associated with everyone you ever transact with, you’re associated with everyone they transact with too, and that data never goes away. Even if you don’t care about Chainalysis being able to monitor you, if you have a savings account then sending someone Bitcoin from it means revealing to them exactly how much BTC you own, and lets them watch all of your on chain activity forever after.
This is not cash. Even accounting for serialization, I never have to spend a second thinking about the consequences to my financial privacy when I hand somebody $5. I will never know if my $5 bill has been used for drugs or strippers or crime, and I can rest assured that if I choose to use it for those things, or donate it to my church, nobody will ever be able to track it back to me 10 years from now.
All sats are equal value. Same as pure gold. If someone values the imbedded data in a sat and if willing to pay a premium price that is like someone willing to pay a premium for a gold coin from a certain mint they value that imbedded data in the coin. The gold in self the value is the same.
Chainanalysis is a concern I am well aware of it. However the solution already exist. If you buy you sats p2p your identity is not tied to your UTXOs. Secondly if you use tools like whirlpool in breaks links for past transactions to future transactions. I don’t care if someone sees a UTXO on chain if they cannot associate it with me. That is privacy. Like ticker tape on the stock exchange. You see the transactions but not the identity.
I think maybe the breakdown is between what happens in reality vs what the code says. In the code yes a sat is a sat, and generally this is how most people look at it. However in reality chain analysis makes it a lot easier to follow sats than physical dollars in spite of the literal serial number printed on them which if used would make the dollar not fungible.
It is possibble to "wash" your sats so to speak, but this activity is also visible (it just detaches you from that activity [hopefully]). Laundering money is also something that can get you in a bit of trouble if you become interesting to government. While I'm not saying we should follow laws just for the sake of following laws, I do think maintaining a certain level of plausible deniability is important, especially if you think that your activities might be interesting to the state for one reason or another (taxes, illegal activity, whatever).
"traceability" is built into bitcoin. It requires effort with physical assets. With current technology that effort requirement is too great for it to be useful with monero.
Why does our grandma or non-techy friends need to know how to have perfect opsec to reasonably transact privately with bitcoin? Do we really expect them to know every intricacy like us? Why not make that as easy and foolproof as possible?
I'm sure a vast majority of bitcoiners don't even know how to do this properly. And even those of us who do have to actively maintain that privacy going into the future. One false move and it is all undone. It is a valiant first attempt but just bad design in that aspect imo.
Do we really think Granny is gonna adopt XMR?
Yea, it is funny, but many subscribe to hyperbitcoinization global adoption prophecy. Are non-techy (AKA most of the world) left out of that?
It would be more likely if the image wasn't only one of criminality. There are valid reasons to prefer privacy, and it should be opt out rather than opt in.
Why not?? Age is not a barrier, the important thing is the desire to learn, a wallet with a btc qr is the same as a wallet with a the xmr qr, the difference is that to get the same privacy in btc you have to do a mix with a special wallet, pay some fees and the scenario is complicated, in monero it is intrinsic.
The difference is every time I make a cash transaction it is not broadcast and publicly available to the world along with my historical tx graph, remaining balance, and potentially my net worth. (Bitcoin worst case is worse than cash)
You can't trace the full history of cash. Even with SNs, all you can do is know the end points - where it was withdrawn and where it was deposited/confiscated. All the hops and p2p actors in between are not available.
I can accept that serialized bills aren't really fungible but in practice the tracking isn't done. If a drug dealer buys a pack of cigarettes at the corner store with a 20 they got from a junky there is no proving it. The laws are constructed such that when you get caught with both drugs and money they assume the money is drug money unless you can prove otherwise. If it were the case that drug money wasn't fungible then they'd track down the previous owners of any confiscated currency.
The point I’m making is these outlier scenarios do not stop cash from being fungible, same as bitcoin. If one business decides not to accept you bitcoin because the chain analyzed it back to some illegal activity that doesn’t make all bitcoin non fungible. Same as if a cash transaction was declined due to criminal activity doesn’t make all cash non fungible.
I think the difference is the likelihood that it can realistically be traced and the fact that chain analysis is largely automatic. Even if they made a law that said all bills must be tracked there would be businesses and individuals that failed to comply and that would create gaps.
It's also not one company. It's every normie inclusive onramp to cryptocurrency, governments, and any other interested 3rd party that can analyze the chain.
Yes, physical cash is not completely perfect. But we're trying to achieve as close as possible the fungibility of an ideal money.
Would you knowingly choose to include the property of traceability in your implementation?
Send said btc into LN...spend.
Decent privacy for the spender, still bad for the receiver.
https://github.com/lnbook/lnbook/blob/develop/16_security_privacy_ln.asciidoc#attacks-on-lightning
"Decentralized"
> However, in June 2020, researchers noted that the single most central node observed close to 50% of all LN payments, while the four most central nodes observed an average of 72% payments.
Ahhh classic dimwit, you do know you can run your own node if you want...right?
Were talking breaking UTXO history..
Many options to do so, for varied purposes.
Bitcoin is the cream of the crop for good reason,
Use xmr if you want idgaf, i just feel bad for people who get fooled into hodling it for dumb reasons.
Ok. If you believe BTC will outpace XMR in value over the longterm, you don't have to hodl XMR to take advantage of it's superior privacy and fungibility. That's a separate issue. But yes, do whatever you want idgaf either.
You all are not necessarily saying this - I just have a problem with claiming BTC is the best in every aspect imaginable. Clearly not true. Some maxis cannot admit that another crypto could have any advantage over bitcoin.
You guys also can, but dont admit that privacy is a spectrum that is highly dependant on etiquette of the individual & spend ability.
I'd rather put in the effort to obtain bitcoin privately, so I can later spend it wherever i want.
I believe that to be quite an easy accomplishment that advantages the user far beyond what monero can offer me.
The beauty of hiding in plain sight within the largest anon-set 🤙.
Are you under the impression that you can spend Bitcoin anywhere?
So far ive been able to spend my bitcoin everytime ive needed to through various channels.
Are you under the impression that monero has more merchants and liquidity than Bitcoin? 🤪
You can’t really spend either anywhere, practically nobody accepts any sort of crypto.
Bitcoiners have largely lost all adversarial thinking that has made it great.
They expect the best, and plan for the best as if they have already won, but the game has just started. The state has not seriously cracked down at all yet.
Now that we've gotten to what I call the "cope" part of the argument...
Funny meme, but no idea where you're getting me coping from.
Was Bitcoin created to solve the problem of liquidity? Guess what has more liquidity than Bitcoin: Cuckbucks
Man, you really dont understand shit 🤪.
"Are you under the impression that monero has more merchants and liquidity than Bitcoin? 🤪"
No, you're either just forgetting what your point was or your argument is just weak.
Holy moly 🤪, in the context of privacy & spending - not some vague pissing contest of liquidity.
Where yes, some of the best ways to keep your private stack spendable, historically, was done in the most globally liquid monies - USD, GBP, Euro.
If you're trying to make some meandering point about liquidity and anonymity set, fine.
But don't act like all of bitcoin's liquidity is your anonymity set when it is a tiny fraction that is more comparable to Monero anonymity set.
And the ease and effectiveness of that privacy is a whole other argument.
If you feel like youre better off using monero, go for it man.
They are adults, (I hope), can't stop them.
You can lead a horse to water, but you can't make them drink.
You can lead a human to knowledge, but you can't make them think.
Drop you XMR address and I'll send you some.
87Xh2agsyo5P7B5EyrmDmuiLTDNPZyePChn7HEFYYDDGdXq9oabgSbfBU7VCDk6iTGVGwnyG7tn3JibVEKp4Kds91H9PBE4
Sent
Who else wants to catch these XMR hands? 👊 ShiShi? Rex?
received from you extremely fast, arrived within seconds 0.031310000000 xmr. thank you.
tell people that if they install the monero gui and download the blockchain they can mine monero on any computer, even on the phone. some people mine it on their car stereo. bitcoin could be mined on any computer until 2015 or so then it became impossible. today it can only be mined with special asics which are extremely expensive, short in supply and regulated. buyers need to submit all of their personal data before they get it shipped. the entry into bitcoin mining is extremely high, only corporations or billionaires can enter.
💯
on 0.03131 xmr the fee was only 0.00003066 XMR
yes! Holy Moly 🤣
Bitcoin is the only crypto currency most regulators don’t see as a security. So state crack downs bring it on.
This is the cucked attitude I'm talking about. The whole point of crypto is making the opinion of regulators irrelevant, otherwise it is useless.
Bitcoin/Crypto can’t be regulated it’s the extanges that need to be. Mass adoption can’t happen without regulation of the scam ponzi extanges. Crypto is about self custody, peer to peer and scarcity. However regulation over the centralized part of Bitcoin/Crypto is completely fine. You shitcoiners hate that because half the shit coins are centralized ponzi’s. 🤣
Not only can Bitcoin be regulated, it would be easy to do.
Tell that to China bud also It’s much harder in democratic country’s.
This guy is relying on the good graces of his government for bitcoin to succeed. Laughable.
There’s a Difference between success and mainstream. Bitcoin has already succeeded in my eyes. I can see why BTCfiend muted y’all. You shitcoiners talk more than bots do jeeezus. Muted bye.
This. It’s entirely possible that Bitcoin, or all crypto, could be hyper regulated or made illegal in the future and there’s nothing anyone can do about it.
It’s not the savior people think it is.
The only thing im saved from is debasement.
Everything else is possible, yet the probability of certain events occurring varies widely between jurisdictions.
I'm betting on Bitcoin's characteristics, you're not - so be it - but its a lame argument if you dont provide specific jurisdictions with some sore of timeline - that at least would be a more respectable prediction / use of everyone's time.
I hope Bitcoin succeeds and becomes better and better to the point where Monero is not needed.
But sometimes it seems like the same mindset that made it great is not prevalent in Bitcoin's community anymore for the most part.
not enforceable
It absolutely is. This is delusional.
explain how?
Well, you have to report it on your taxes, so there’s already a de facto registry of who owns crypto. The only convenient way to get it is through an exchange, all of which collect your ID, your address, etc. And for most coins you can see a record of every transaction.
I honestly can’t imagine many things easier to enforce than Bitcoin regulation.
This is laughable. The point of Bitcoin is to exit the government digital system. If I need to, I sell Bitcoin for cash or spend it. You are heavily indoctrinated unfortunately. I've never used an exchange in my life unless its decentralized and KYC free running over tor and vpn like BISQ. And im sure many others here operate the same way. There is a lot we can teach you.
they key word you mentioned is "convenient". Not everyone prefers "convenient" ways. *sigh*
Yes, they do. Massive cope.
sheeple will be sheeple
again not enforceable for those who have the desire to know what they are doing. Good luck preaching :)
But that's not what you said. You said it's unenforcable. The reality is it would be easy.
Bitcoin exchanges are not Bitcoin. Banning Bitcoin is unenforceable.
You're right privacy is a spectrum, so why not make it as easy as possible to achieve and hard as possible to mess up that privacy?
Bitcoin anon set is only as large as those who stick to best privacy practices, it is not all of bitcoin.
A very tiny fraction of bitcoiners do this.
This just isn't true, messing up privacy is exactly the same action both ways.
No it isn't the same at all. Way more pitfalls with Bitcoin.
Privacy with Monero is not only much easier, but superior (receiver and amounts are never revealed onchain) and covers more layers compared to Bitcoin.
Diversification can be a good hedge. For stability I like gold bullion. Much less volatile than Bitcoin or Monero, which are better in the flexibility category with global transmission and (relatively) instant settlement.
Thank me later
Most maxis life in the first world and forget shit can be useful in the third world in the form of stablecoins.
Most maxis live in the first world and forget that shit can be useful in the Third-World in the form of stablecoins. (fucking autocorrector)
Stablecoins are a shitcoin of a shitcoin. A double shitcoin. USD is just the nicest fiat crack house on the block. Their use is as a temporary transition crutch over to a Bitcoin Standard not a viable long-term financial tool.
I agree to that. It is a useful temporary tool while waiting for global BTC adoption.
Look at El Salvador
I've been through this debate too many times. I'm from bsas, aka, The Third world. Third-worlders will escape CBDCs using stablecoins, not Bitcoin. Bitcoin can lose 20%-40% in one week, and loosing that amount in a single week would mean going broke and no food for your children here.
USDStablecoins? In one week, in a superb crisis, maybe they lose 1-3% max value. And that is ok for us thirdworlders, we can handle 1-3% loss of all of our value in a week (Those are rookie numbers btw, we'd had worse).
If you don't get it, come sell bananas in my country. You'll get it. Don't "El-Salvador"-me, Maria who makes Licuados at the beach, saves in USDT for her weekly Licuados-business expenses.
Bitcoin IS king, and will win, just not yet. Green groceries can't use it for saving in one-week terms. They can't buy bananas for next week in a crisis and will lose their business by adopting 100% btc. When the volatility of BTC is reduced to +/-3% max in a superb crisis in a period of one week, that is when stablecoins will no longer be needed.
First world Maxis have to start understanding that us, thirdworlders, we did not have the technology in our lives to save in a more stable currency for short and medium periods of time, and now we do have that with stablecoins.
I am open to more discussion, change my mind and learn. Give me a good excuse and tools to convince my friend who sells bananas and tomatoes for a living to go full100% btc for short term savings and for his business, and I promise I will go with him and let him know he can start using it 100%. I don't think that is possible, not yet.
Small #debate about #shitcoins #stablecoins #thirdworld & #BTCAdoption on this thread 👆
Very interesting. Can’t listen rn but will look into when I have some time
Is Cashu a lighting implementation or what?
Friends keep talking about it but I don't quite get it yet myself. Calle is one of the devs
Played around with it a bit. It works, but still in alpha so don't put too much on it
Well, huge caveat: Cashu is custodial.
But if you're going to use something like WoS or another custodial solution might as well be anonymous or private to the mint and others. Definitely better though. I wonder if it's possible for Cashu to implement multi-custody to reduce chance of being rugged. I know Fedi is doing something similar.
don't be skerd