Really struggling to see the attraction of eCash on Bitcoin…
The Bitcoin itself is custodies by the mint, so there’s standard custodial counterparty risk. Mint rugpulls = money gone
But also, I have to keep my eCash tokens secure and not lose them, just like Bitcoin self-custody. Lose tokens = money gone
So surely eCash has the downsides of both custodial and non-custodial Bitcoin/Lighting?
Saying the mint would be run by trusted local people is a cop-out, still relies on trust and being able to kneecap someone if they try rug…