Replying to Avatar utxo the webmaster 🧑‍💻

Yep this is correct

My basic thoughts around ecash are that it's a slightly better way to use a custodian, but not by much

And with 100% certainty, some mints will rug and print ecash they can't back
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franzap 1y ago

Ecash is better than a regular custodian in that it's an open protocol we can build some assurances around.

Mints can do epochs at regular intervals for proof of reserves, use multisig (fedimints for sure) and leverage the web of trust, though this one could also apply to a regular custodian

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