Replying to Avatar Simple

So cashu is 1 to 1 backed by bitcoin and no other party have access to those bitcoins?

I was first thinking and confused why you were building shitcoin, but i guess its not like that. 😂

Will look more into it, just to verify and learn. Sounds cool anyway.
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gandlaf21 2y ago

full disclosure :

It is a shitcoin in the sense that it's custodial (not your keys not your coin)

that being said, it has great privacy properties

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oobiyou 2y ago

The mint has full-custody of your #bitcoin, yes. You do have to trust the mint.