Nostr Web Client

mmm need to learn more about Cashu... I saw below on #shopstr when setting up a new product nostr:nprofile1qyghwumn8ghj7mn0wd68ytnhd9hx2tcpzamhxue69uhhyetvv9ujum3sx5mhytnrd36kytcpzdmhxue69uhk7enxvd5xz6tw9ec82c30qqsdxm5qs0a8kdk6aejxew9nlx074g7cnedrjeggws0sq03p4s9khmq85lm7y and had to pause.

When I see "Token to redeem" Bitcoin I am suspect and realize I don't really know what I'm receiving in when I sell on Shopstr. What are the advantages of Cashu over LN for eg?

"Once sold, you will receive a message containing a Cashu token that you can redeem for Bitcoin."

#plebchain #coffeechain #cashu #zaps #lightning network

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Discussion

Hades 1y ago

You can recieve tokens while you offline and they are hold at the mint for you. Imagine it like an IoU of a free bank. If you don't trust that bank they can send it over LN to a mint you trust and it gets remintet or directly into your lightning wallet if you have channels.

If you have no channels and cashu all over the place it also doesn't matter because it aggregates to one number in your account. When sending tokens at different mints are sent together to the reciever.

⚡️Bitcoinia (Bitcoin Art) 1y ago

Thanks for that. Under what circumstances do Cashu users expect to be offline and not be able to receive LN payments?

Hades 1y ago

If your device is turned off? 😅

And also if your device is on but your LN wallet is not open it may doesn't work to wake up the app with push notifactions to send something.

Bolt12 will adress this too, but that can take another while in the speed things get pushed in this space 😆

I also printed tokens on sealed bills, so I can just give it to people I meet. Of course in this moment they need to trust me until they are online, scan the QR and verify thet it actually is one token worth 4'096 sats (tokens are always some potency of 2)

⚡️Bitcoinia (Bitcoin Art) 1y ago

My device is always on I guess. Maybe in power outage could be useful. Few scenarios that could happen in. OK thanks for the run down. I'll try learn more about it. Seems not Terribly appealing atm but always learning and all that.

calvadev⚡️ 1y ago

On top of this, Cashu also gives you great privacy, unlike other custodial services. You can also quickly redeem your Cashu payments to your Lightning address or another Lightning wallet once received; there’s a redeem button that pops up that makes it a one-click process.

⚡️Bitcoinia (Bitcoin Art) 1y ago

OK thanks, nostr:nprofile1qythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0qyfhwumn8ghj7ur4wfcxcetsv9njuetn9uq32amnwvaz7tmjv4kxz7fwv3sk6atn9e5k7tcqypy8kwqw7rqd2yscr7e3c6823zd89ezt6t7g2ksz7sksxywtfmm8kcms24u sent me a Cashu token and redeemed so I've officially used it.

I made a product already

https://shopstr.store/listing/eaa8f90130daa4ce728ec203cf99bca8f4b175757dc14ca12abcd2880fd4b503

Couple comments on the process and UI:

Adding he passphrase could be enforced before showing the form for better UI. I didnt understand that there was a box there below til much later and thought there was just a bug.

500 char limit seems low and I hit it with my description - just. Text is easy to store no?

Dialogue box to add images takes an age to come up with no hint to user that its working behind the scenes.

I'm on Mac, Brave browser which is arguably the problem tbh. I'll try with Chrome next time and see if it helps the dialogue box issue.

Otherwise seems cool man! Is there any stats on how many people are visiting the site etc?

calvadev⚡️ 1y ago

Thanks for the feedback! We’ll get those things fixed as soon as possible.

From what we’ve seen, we have around 700 visitors to the site daily and around 500 among those who are signed in. We’ve also facilitated over 1M sats worth of transactions directly so far. There should be some stats on site usage under the “Metrics” tab, though they can be spotty if outside of US time zones.