Replying to Avatar Tristan Brice Velloza Kildaire

Reading about https://cashu.space/ now.

So mints are LN endpoints like any LN node I presume. Once the BTC (over LN) has arrived at the mint, it is backing then a certain amount of cash tokens.

Payment to people on same mint is fast. To other mints would require cashu -> lightning (BTC on LN) and then LN transaction to the other mint and conversion (once received) to cashu.

Is this a correct understanding? Cashu is just a usecase of LN that pairs LN-BTC as backing to a new token?

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Anthony Accioly 1y ago

Just one more protocol, bro! One more, and off-chain BTC transactions will be reliable and offer a delightful user experience. Just one more, I swear it! This time it's going to work! My NCW-enabled Mint Wallet, complete with a randomly generated Lightning address, connects seamlessly to my Mint server. It’s all running on a branded, reskinned BusyBox, packaged into a mini PC running Lightning and Bitcoin nodes. It’ll deliver the best user experience ever.

Or, if that's too much, you can rent my managed cloud VPS with everything pre-installed for just 50k sats per month. The ultimate sovereign, non-custodial experience—perfect for zapping 1k sats a month with strangers on Nostr. Sure, we guarantee nothing, and you'll probably lose sats anyway, but hey, this is all about "learning Bitcoin." Now, please, buy my stuff.

Nostr really is great sometimes.

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Tristan Brice Velloza Kildaire 1y ago

This is hilarious. I can appreciate it.