those who are comparing cashu to non-custodial lightning: you’re missing the point.

our goal is to improve custodial systems with privacy and censorship resistance. if you don’t want to use custodial systems, that’s fine. just run a node. if you use custodial wallets, cashu is better than anything else you can get:

- many mints run by grass roots communities

- best privacy possible, better than any privacy shitcoin

- many features due to cryptography

- 40 years of chaumian ecash research behind it

bitcoin + ecash is electronic money at its best.

Reply to this note

Please Login to reply.

Discussion

As in:

Considering many are using **custodial** lightning, unless a viable solution comes up to make non-custodial a lot more viable, the question becomes how to decrease the chance of censorship, decrease the chance of failure, and increase the chance of privacy, and the answer to that seems to be ecash/cashu.

Don't agree with your second point, but everything else is spot on. I argue Cashu is better in some aspects than Lighting is, but the best would be a mix of both (for those who refuse to raise BSC's block size).

40 years of chaumian ecash research and nobody found a way to make it completely unruggable. can you change that?

Totalmente

custodial gas lightning =D

How is my account with Coinos, that I access via VPN, not private?

accounts can be tracked. ecash can't.

coinos can set your balance to zero. with their mint, they can't.

use the coinos cashu mint, they're running one ;)

Any mint can rug. Track who? They don't know my identity.

Their mint is experimental by the way, can't pay with it.

It's got its value for zap levels of zats, and other small amounts.

I've been liking more what I hear from Fedi lately in terms of the trust model improvements they've been making in terms of providing the privacy without quite so much ruggability.

But they're still different tools doing different jobs, and the Cashu integration in Zeus has been pretty handy for not needing to keep an LND node up 24/7 while still giving me the ease of sweeping it over to self custody with the tap of a screen.

How can we improve #Cashu attoption in #ElSalvador?

Can't we essentially abstract away the complexity of lightning with cashu ecash? It appears to be friendlier to run and use.

Obviously it's up to the mint if they want to pull/push liquidity to lightning, but it doesn't appear necessary.