Mints have to have deposits to issue ecash. So, just track the deposits on chain.

Reply to this note

Please Login to reply.

Discussion

Cashu mints use Lightning

So there's no final settlement with a mint? A mint is a layer 3 credit? TBF I haven't researched but I always heard Mints were a layer 2 tech.

Reference:

Layer1- Bitcoin On-chain

Layer2- a coupon redeemable for Bitcoin

Layer3- a credit to redeem a coupon.