Noob question: what does "backed" mean in this case. That you can always exchange your $1 ecash for $1 of bitcoin at the mint?
Discussion
Yes, exactly. There are several ways to achieve this:
- Stablesats [1]
- DLCs [2]
- Stablechannels [3]
Noob question: what does "backed" mean in this case. That you can always exchange your $1 ecash for $1 of bitcoin at the mint?
Yes, exactly. There are several ways to achieve this:
- Stablesats [1]
- DLCs [2]
- Stablechannels [3]