ok, minnaar@getalby.com
Discussion
Yes, my trust threshold is a couple bucks here on Nostr. Let's talk about real money
Sounds like. Personal problem. What’s your “real money” amount to?
I don't mind IOU/custodial payments under a couple bucks. Any more, and I want the real thing, not an IOU.
The beauty of eCash is that you can choose the level of custodianship quite easily. Use your personal mint, your families mint, your appartment complex mint, your towns mint… depending on the level of trust and convenience. Very similar to Lightning custodians, but better.
Which mint is npub.cash based on, which URL?
Is there a possibility in the future to link it in NWC to compatible clients in order to zap directly to Nostr as well as receive them?
You can already receive and send to nostr. The address is just your npub@npub.cash
I’m not sure which mint, probably nostr:npub1mhcr4j594hsrnen594d7700n2t03n8gdx83zhxzculk6sh9nhwlq7uc226 ‘s testing ground
yes. currently it is connected to minibits.cash. We are working on enabling to pick from any available mints.
The way I see it, I think it might just play out like this:
Lightning as an L3 for LSP infra and some self-hosters.
Fedimint ecash for custody services.
Cashu ecash for self-hosters and potentially with their own smaller communities.
Inherently, while one might ask why use ecash versus standard sats, truth is, ecash has some advantages:
- More private
- Actually zero fees
- Offline (PoC) usage
As a self-custody maximalist, I too wondered about what ecash could bring to the table but the reality is, given the benefits, if you self-custody in standard LN already, you might as well run a mint too.
If you dont't self-custody, you still have the above benefits and with federated mints there are less chances for rugpulls. I believe cashu also have plans on addressing the potential for rugpulls from angles that standard LN is unable to offer due to inherent limitations.