Are single-user non-custodial cashu mints punished in an ecash world? If i were to run a mint because i want to still do self-custody lightning, would people even accept willbucks zaps? How does that work.
Discussion
That only makes sense if you use someone else's lightning gateway but honestly at that point just use your own lightning node directly imo
Im talking about using my own lightning node with my own cashu node
in that case I can't think of a reason to use cashu
I’m thinking of a world where everyone switches to cashu wallets in their clients
yeah but you still need lightning to pay from mint to mint so why not just use your node directly since the cashu ecash is just a wrapper around your lightning node at that point. That's how it seems to me anyway
NWC makes using your own nodeceasy I don't think that's going away 🤷♂️
Also interested in knowing why this might be useful 🤔
I don’t disagree but many clients are moving away from nwc and just using cashu
I'd be interested to look into these clients. any links? I'll run cashu if I have to buy that sounds annoying as f
but*
Seems like olas is one?
hmm nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft is this true lol
Nope
ndk-wallet (what Olas uses) implements paying to and from cashu, NWC, webln.
You can pay from NWC to someone that doesn’t have Lightning enabled, or pay someone from your cashu wallet to someone that doesn’t have nutzaps enabled.
Awesome. I use my own LND node plus self hosted alby hub NWC for zaps and really love the UX of it. I hope this doesn't change
Of course it won't! I'm continuously making improvements in the NWC flow!
And amazing that you do this!!! The cashu approach is just a recognition that the vast majority of people won't setup an LSP, handle NWC tokens, and do all these things, specially not at first.
Yeah, makes sense. Sounds good!
Ain’t gonna happen
Kinda curious about this as well. I ran a mint for myself just to play with Cashu a while back.
People would automatically swap to LN or their preferred mint. I'm not too familiar with it but did try out one Cashu wallet and it was designed to use any number of mints with preferred mints to swap to.
cashu.me doesn't do autoswap
Seems to me like there'd be no difference between single- and multi-user mints. As long as you're running an implementation of the cashu protocol then you're sending/receiving tokens denominated in bitcoin that can be redeemed for real sats on lightning.
Somewhat. There is high degree of trust when it comes to mints as rugpulls can happen. You do have to trust the mint in a world where we say "don't trust, verify!". Might work at home but I wonder if this would survive more adversary scenarios.
Wouldn't it be similar to the round robin mint auditor?
ya i tried this as an experiment. i do think its very interesting tech.. but no, leaving nuts in any mint is a rug, any savvy user will melt out to lightning the second they can. (or transfer to another mint, which also requires lightning and not all mints support).
despite this, my problem was there is no server side code/daemon/etc that does nwc with a mint. so, that put an end to my experiment. i suppose this is why the push for nutzap, does it replace nwc? 🤔
as much as i want to like cashu, its still just kindof silly unless you are a coinos user. (with proprietary nwc).
Doing the same research. First glance it seems you can run your own cashu server with only yourself as the user, like a solo mint. It would make total sense if NIP-60 catches on, and even considering you still need your own LN node.
You redeem them immediately into your trusted node or mint when you see them.
Like a hodl invoice but without locking a bunch of liquidity and risking force-closures.
